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Documents required for Change of Name in Beneficial Owner A/c with Depositories

December 27, 2018 1230 Views 0 comment Print

It has been decided that in case of change of name of an individual in these states for reasons other than marriage, the same may be allowed for the individual in the BO account subject to the submission of following documents:

Explanatory Notes to Provisions of Finance Act, 2018

December 26, 2018 17532 Views 0 comment Print

CBDT releases Explanatory Notes to Provisions of Finance Act, 2018 vide Circular No. 8/2018 dated 26th of December, 2018 and explained changes made vide union budget 2018. Text of the Circular is as follows:-

RBI constitutes Expert Committee on Economic Capital Framework

December 26, 2018 408 Views 0 comment Print

As decided by the Central Board of Reserve Bank of India (RBI) in its meeting held on November 19, 2018, the RBI, in consultation with the Government of India, has today constituted an Expert Committee to review the extant Economic Capital Framework of the RBI. The composition of the Committee is as under:

Service Tax Under BAS not payable on re-rubberisation of old rollers

December 26, 2018 1236 Views 0 comment Print

Rajit Jain-succeesor And Legal Heir Vs Commissioner of Customs (CESTAT Allahabad) 1. The appellant is in appeal. 2. Brief facts of the case are that appellants are engaged in re-rubberisation of old, worn out rubberised rollers of various industries. The customers send them their used rollers at random and re-rubberisation comprises removing the old rubber […]

CBDT extend period for furnishing report U/s. 286(4) by constituent entity

December 26, 2018 3576 Views 0 comment Print

Circular No. 9/2018 F No 370142/17/2018 -TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, Dated December 26, 2018 Order under section 119 of the Income-tax Act, 1961 Vide Notification in GSR 1217 (E) dated December 18, 2018 with effect from the date of its publication in […]

New FDI guidelines for e-commerce companies doing business in India

December 26, 2018 5283 Views 0 comment Print

Review of the policy on Foreign Direct Investment (FDI) in e-commerce- e-commerce marketplace entity will not mandate any seller to sell any product exclusively on its platform only.

Govt issues draft IT rules to curb fake news on Social Media

December 24, 2018 828 Views 0 comment Print

The instances of misuse of social media by criminals and anti-national elements have brought new challenges to the Law Enforcement Agencies (LEA). These include inducement for recruitment of terrorists, circulation of obscene content, spread of disharmony, incitement of violence, public order, fake news etc.

Option to apply for Goods Registration online on ICEGATE -reg

December 24, 2018 1563 Views 0 comment Print

OFFICE OF THE COMMISSIONER OF CUSTOMS (NHAVA SHEVA-I) JAWAHARLAL NEHRU CUSTOM HOUSE, NHAVA SHEVA, URAN, RAIGAD, MAHARASHTRA — 400 707 FAX: 022-27243245 e-mail: edi(&jawaharcustoms.govin F. No. EDI/Misc-82/2015 JNCH Date: 24.12.2018 PUBLIC NOTICE NO. 169/2018  Subject: – Option to apply for Goods Registration online on ICEGATE -reg. Attention of the importers, exporters, port terminal operators, shipping […]

7.75% Savings (Taxable) Bonds, 2018 – Operational Guidelines

December 24, 2018 5391 Views 1 comment Print

Procedure to be followed by Receiving Offices (RO) for handling 7.75% Savings (Taxable) Bonds, 2018: A. Procedure to be followed at Receiving Offices in respect of Bond Ledger Accounts Receipt of Applications for Bond Ledger Account 1. The role of the Receiving Offices extends to:

Tax Rate increased in Post GST Era- Profiteering Allegation not sustainable

December 24, 2018 765 Views 0 comment Print

Kerala State Screening Committee on Anti-profiteering Vs M/s Impact Clothing Co. (National Anti-Profiteering Authority) We have carefully considered the Report of the DGAP and the documents placed on record and find that the only issue that needs to be dwelled upon is as to whether there was a case of reduction in the rate of […]

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