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Major areas which requires attention of Professionals- Companies Act, 2013

March 25, 2015 1208 Views 0 comment Print

1) RESOLUTION: As per section 117 every Company shall file resolution and agreement with ROC in MGT-14 within 30 days from the date passing of such resolution. We can divide in four category of such resolution which to be file with ROC:- i) Resolution which is prescribed under section 117(3) ii) Resolution which is prescribed under section 179(3) iii) Resolution which is prescribed under Companies Rule 8(5) of (Meeting of Board and its Power) Rule,2014

NDSL releases new e-TDS/TCS Return Preparation Utility Ver. 1.0

March 25, 2015 531 Views 0 comment Print

e-TDS/TCS Return Preparation Utility Ver. 1.0 based on JAVA platform for Regular Statements from FY 2007-08 onwards released (24/03/2015) Key features of RPU 1.0 NSDL e-TDS/TCS Return Preparation Utility in JAVA platform. Preparation of Regular TDS/TCS Statement(s) for Form 24Q, 26Q, 27Q & 27EQ pertaining to Financial Year 2007-08 onwards (for all quarters).

Reservation Facilities Provided to Senior Citizen and Female Passengers Including Pregnant Women

March 25, 2015 1411 Views 0 comment Print

With a view to facilitating provisions of lower berths to senior citizens and female passengers, following facilities are available:- (i) There is a provision in the computerised Passenger Reservation System (PRS) to allot lower berth automatically to male passengers above the age of 60 years and female passengers above the age of 45 years subject […]

Shri M.Venkaiah Naidu favours a share of GST revenue for urban local bodies

March 25, 2015 513 Views 0 comment Print

PPP model may have not done well but it shall succeed for effective urban interventions, says Shri Naidu Huge urban fiscal gap with annual per capita income of ULBs-Rs.1,430, expenditure-Rs.6,030 Minister of Urban Development Shri M.Venkaiah Naidu has favoured a share of GST(Goods and Services Tax) revenue for the municipalities across the country to ensure […]

Guidelines for Articleship Training Abroad for CA Students

March 25, 2015 3954 Views 0 comment Print

March 18, 2015 Subject: Articleship issues in UAE The matter regarding revision in the Guidelines of Articleship Training abroad was considered at the 340th meeting of Council held from February 10-12, 2015 wherein the Council agreed with the recommendation of Executive Committee regarding the revision of the existing Guidelines for Articleship Training abroad and agreed […]

Bank accepting tax payments to remain open on 30th & 31st March 2015

March 25, 2015 3087 Views 0 comment Print

Banks shall keep the counters of their branches conducting government business open for full day on March 30, 2015, and till 8.00 p.m. on March 31, 2015. All electronic transactions would, however, continue till midnight of March 31, 2015. Banks may give adequate publicity to the special arrangements made.

Rate of exchange of conversion of each of foreign currency WEF 26.03.2015

March 25, 2015 2358 Views 0 comment Print

Notification No. 33/2015 – Customs (N.T.) Dated the 25th March, 2015 S.O…. (E). – In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs hereby

Prohibition of Insider Trading Regulation- You can be Guilty!!

March 25, 2015 1517 Views 0 comment Print

SEBI re-writes it’s more than two decades old Insider Trading Regulation and announced the new Prohibition of Insider Trading Regulation 2015 on 15th January, 2015 which is to come in force on 120th day of its publication i.e., from 15th May, 2015 with many major changes in it.

Income Tax – Central Action Plan for April, 2015 to June, 2015

March 24, 2015 1284 Views 0 comment Print

I am directed to forward herewith the Central Action Plan for the First Quarter i.e. (April 2015 to June, 2015) of the FY 2015-16. You are requested to circulate the same amongst all the officers in your region for necessary action.

Appointment of RoCs as adjudicating officers with jurisdiction and their appellate authorities u/s 454 of CA 2013

March 24, 2015 4903 Views 0 comment Print

In exercise of the powers conferred by section 454 of the Companies Act, 2013 (18 of 2013) read with the Companies (Adjudication of Penalties) Rules, 2014, the Central Government hereby appoints following Registrars of Companies as adjudicating officers for the purposes of this Act in respect of jurisdictions indicated against each Registrar.

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