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SEBI: Online Filing System for Alternative Investment Funds

July 31, 2017 1716 Views 0 comment Print

In a constant endeavor to facilitate ease of operations in terms of applying for registration, reporting and various compliances under SEBI (Alternative Investment Funds) Regulations, 2012 (hereinafter referred to as ‘AIF Regulations’), SEBI has introduced an online system for filings related to Alternative Investment Funds (AIF). The online system can be used for application for registration, reporting and filing in terms of the provisions of AIF Regulations and circulars issued thereunder.

Trade in Border Haats across border between Bangladesh and India

July 31, 2017 777 Views 0 comment Print

It operationalises the arrangements on Border Haats under the Memorandum of Understanding (MOU) dated 08/04/2017 between India and Bangladesh.

Notification No. 6/2017-Customs (N.T./CAA/DRI) Dated: 31st July 2017

July 31, 2017 1536 Views 0 comment Print

Notification No. 6/2017-Customs (N.T./CAA/DRI) Dated: 31st July 2017 In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4th June 2015 in Gazette of India, Extra-ordinary, Part-II, section 3, sub-section (i), and as amended by notification No. 133/2015-Customs (N.T.), published vide number G.S.R. 916(E) dated 30th November 2015.

Now you need to pay 20% of disputed amount for stay of demand at first appeal stage

July 31, 2017 176031 Views 1 comment Print

it has been decided that the standard rate prescribed in O.M. dated 29.2.2016 be revised to 20% of the disputed demand, where the demand is contested before CIT(A).

GST implementation in Meghalaya

July 30, 2017 1227 Views 0 comment Print

Dr Jitendra Singh was briefed here about the progress in GST implementation in Meghalaya by a delegation of public representatives and civil society activists led by Member of Parliament, Shri Conrad Sangma.

Request to extend due date of filing ITRs from 31st July, 2017 to 30th Sep, 2017

July 30, 2017 109140 Views 36 comments Print

Due to the implementation of the GST law from 01.07.2017 and the necessity of linking of PAN with Aadhaar Number from 01.07.2017 while filing ITR, has caused severe problems to tax-payers.

Composition Scheme under GST Regime

July 30, 2017 10647 Views 11 comments Print

As we all know that GST regime has also bring the concept of composition scheme for small and medium size trader’s, dealer’s and service provider (specifically for restaurant services).

Bureaucrats are free to render their opinion during decision making process

July 29, 2017 885 Views 0 comment Print

The Union Minister of Finance, Defence and Corporate Affairs, Shri Arun Jaitley: Bureaucrats are free to render their advice/opinion during the process of decision making. The Union Minister of Finance, Defence and Corporate Affairs, Shri Arun Jaitley said that the bureaucrats are free to render their advice/opinion during the process of decision making. He said […]

No shortage of Essential Drugs post introduction of GST

July 29, 2017 906 Views 0 comment Print

As per the information received from the All Indian Origin Chemists & Distributors Limited (AIOCD), there is no shortage of essential drugs and smooth supplies are being maintained.

Benefits of the reduced rates/tax rebate to consumers post GST

July 28, 2017 1449 Views 1 comment Print

The GST Council comprising the representatives of Central and State Government recommended the GST rates for goods and services, interalia taking into account the pre-GST indirect taxes incidence on goods and service. The GST rates on goods have since been notified. With the GST rates so notified the tax incidence on items like food grain, […]

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