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Chairman CBIC’s weekly newsletter dated 22.12.2018

December 22, 2018 1269 Views 0 comment Print

Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs North Block, New Delhi – 110 001 Tel. : +91-11-23092849, Fax : +91-11-23092890 E-mail : chmn-cbec@nic.in D.O.No.26/CH(IC)/2018 22nd December, 2018 Dear Colleagues, I am extremely happy to share the news that my predecessor and ex-Chairman CBIC Ms. Vanaja Sarna has been chosen as Information Commissioner […]

Aligning incorporation & registration of charges with Companies (Amendment) Ordinance, 2018

December 22, 2018 3510 Views 0 comment Print

This write up deals with the changes brought pursuant to the Companies (Incorporation) Fourth Amendment Rules, 2018 and the Companies (Registration of Charges) Second Amendment Rules, 2018 .

CBDT notifies DTAA between India-Hong Kong

December 21, 2018 24855 Views 0 comment Print

Republic Of India And Government Of Hong Kong Special Administrative Region Of People’s Republic Of China For Avoidance Of Double Taxation And Prevention Of Fiscal Evasion With Respect To Taxes On Income

NPS Withdrawal: Norms, Purpose, Limits and Frequency

December 21, 2018 2631 Views 0 comment Print

NPS Withdrawal Norms The Pension Fund Regulatory and Development Authority (PFRDA) has changed the norms for withdrawal of National Pension System (NPS) subscribers. Keeping in view the possibility of sudden financial needs of the subscribers, the requirement of minimum period under National Pension System (NPS) for availing the facility of partial withdrawal from the mandatory […]

Latest initiatives of ICAI for reforms in CA Course & Exam System

December 21, 2018 2643 Views 0 comment Print

New Scheme of Education and Training which was launched last year, is also in line with the International Education Standards. Some of the latest initiatives being undertaken by ICAI towards reforms in the CA Course and Examination System are mentioned below:

4 reasons why the vehicle insurance claim will be denied

December 21, 2018 3357 Views 0 comment Print

Owing a car is a big deal especially for middle-class earning family. We take good care of the car so that it doesn’t get bruised or dented and provide necessary things for it. However, it is possible that your car may get into an accident where you will have to use the car insurance to […]

AEO Programme Digitization – Ease of doing business

December 21, 2018 1215 Views 0 comment Print

OFFICE OF THE COMMISSIONER OF CUSTOMS (NS-III),  MUMBAI CUSTOMS ZONE-II, JAWAHARLAL NEHRU CUSTOM HOUSE, NHAVA SHEVA, TAL: URAN, DIST: RAIGAD, PIN – 400 707. F.No. S/22-Misc-780/2017-18/AEO Cell JNCH Date: 21.12.2018 PUBLIC NOTICE NO.  161/2018 Subject: – AEO programme digitization – Ease of doing business – Development of web-based application for AEO-T1; Modification in Circular 33/2016 […]

Luxury and sin items can’t be taxed at the same rate: FM

December 21, 2018 864 Views 0 comment Print

Single GST or no Single GST one thing is for sure that a strong Opposition is good for the well being of the citizens of the country. As far as GST is concerned there is still a lot desired on technical, procedural and simplification aspects.

SARFAESI Act, 2002: 3 month imprisonment if borrower not provide asset details

December 21, 2018 2871 Views 0 comment Print

The Central Govt has initiated formulation of laws to secure prudential banking & help effect a culture of credit discipline including Insolvency and Bankruptcy Code, 2016 (IBC) has been enacted to create a unified framework for resolving insolvency and bankruptcy matters. IBC,by adopting a creditor-in-saddle approach,with the interim resolution professional taking-over management of affairs of […]

Major changes in Company Law & Corporate Law during last one year

December 21, 2018 8202 Views 0 comment Print

Companies (Amendment)Act , 2017 enacted; Out of total 93 Sections,  92 Sections brought into force along with relevant Rules  MCA proposes to introduce Companies (Amendment) Bill, 2018 to replace Companies (Amendment) Ordinance 2018 in the ongoing Winter Session of Parliament Insolvency and Bankruptcy Code (Amendment) Act, 2018 & Insolvency and Bankruptcy Code (Second Amendment) Act, […]

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