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Analysis of SEBI Board meeting held on 22.03.2015

March 24, 2015 926 Views 0 comment Print

SEBI has approved SEBI (International Financial Services Centres) Guidelines, 2015. ♥ As per this guidelines, Indian as well as foreign stock exchanges, clearing corporations and depositories are permitted to set up subsidiaries to undertake the same business in IFSC subject to certain relaxed norms on shareholding and net worth, etc

List of Implementation Agencies for Corporate Social Responsibility (CSR)

March 24, 2015 40725 Views 10 comments Print

The Companies Act 2013 makes it mandatory for corporate houses to spend 2% profit on CSR activities. The government has prepared a list of sanitized Non-Governmental Organisations (NGOs), free of any terrorist links or unwanted funding, that can undertake Corporate Social Responsibility (CSR) activities.

E-voting rules change – A new mess a new day !

March 24, 2015 3444 Views 0 comment Print

CS Nidhi Bothra, CS Vinita Nair Metamorphosis of Company law rules that went bad, changed a caterpillar into an ugly frog. Under the erstwhile (read outdated) system of holding general meetings where the resolutions were put to vote by way of show of hands or a poll could be demanded. Since only such members who […]

SEBI : Establishment of connectivity with both Depositories NSDL and CDSL – Companies eligible for shifting from Trade for Trade Settlement (TFTS) to Normal Rolling Settlement

March 24, 2015 532 Views 0 comment Print

SEBI has been issuing circulars regularly giving the list of companies which have established connectivity with both the Depositories and have become eligible for shifting from TFTS to Normal Rolling Settlement.

MVAT- Relief to Developers and Assessment of refund claim in return

March 24, 2015 4079 Views 0 comment Print

In the event of a developer submitting application for administrative relief along with proof of payment of compounding fee and taxes with returns for the un-registered period, the order of granting the administrative relief to be passed by the concerned Joint Commissioner within two days without calling the developers for hearing.

Pay TDS /TCS for March in March Itself- CBDT to Banks & State Govts

March 24, 2015 2616 Views 0 comment Print

I am directed to say that all public sector banks have been requested by the Department of Financial Services, Ministry of Finance to ensure that tax deducted during the month of March, 2015 is remitted to the Government account in the month of March, 2015 itself.

Notification No. 31/2015 – Income Tax Dated 24/3/2015

March 24, 2015 1993 Views 0 comment Print

Notification No. 31/2015 – Income Tax Dated- 24th March, 2015 Central Government hereby notifies for the purposes of the said clause, West Bengal Transport Workers’ Social Security Scheme of West Bengal State Social Security Board established by Government of West Bengal, in respect of the following specified income arising to that Board, namely:-

Notification No. 30/2015 – Income Tax Dated 24/3/2015

March 24, 2015 1893 Views 0 comment Print

Notification No. 30/2015 – Income Tax Dated- 24th March, 2015 Central Government hereby notifies for the purposes of the said clause, Chhattisgarh Building and Other Construction Workers’ Welfare Board, a Board constituted by the Government of Chhattisgarh in respect of the following specified income arising to that Board, namely:-

Notification No. 29/2015 – Income Tax Dated 24/3/2015

March 24, 2015 995 Views 0 comment Print

Notification No. 29/2015 – Income Tax Dated- 24th March, 2015 In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, the Maharashtra State AIDS Control Society a body constituted by the Government of Maharashtra in respect of the following specified income arising to that Society, namely:-

Notification No. 28/2015 – Income Tax Dated 24/3/2015

March 24, 2015 962 Views 0 comment Print

Notification No. 28/2015 – Income Tax Dated- 24th March, 2015 S.O. (E).- In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, Bihar Electricity Regulatory Commission, – a Commission constituted by the Government of Bihar in respect of the following specified income arising to that Commission, namely:-

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