It is therefore decided, in consultation with the Government of India to permit AD Category-I banks to allow Startups to raise ECB under the following framework:
The principle that there should not be an apprehension on the part of the party to the case that justice will not be done is not to be applied in extract terms nor the principle that once one of the accused in the case has lodged a complaint against the presiding officer, the case should necessarily be transferred.
Group to look into the intricacies involved in areas wherein changes need to be made and amendments to the Chartered Accountants Act, 1949 pertinent to Disciplinary Mechanism and the Rules framed there under
Govt of Maharashtra, hereby amends with effect from 21.10.2016 Government Notification, Finance Department, No. VAT 1512/CR 18/ Taxation-1, dated the 29.02.2012, as follows, namely
We are pleased to announce release of our book (2nd Edition) on Goods and Services Tax, titled, GST LAW & ANALYSIS – WITH CONCEPTUAL PROCEDURES
The role of independent directors is considered to be of a great significance. Guidelines, role, functions and duties are broadly set out under Code of conduct under Schedule IV of Companies Act, 2013.
Goods and Services Tax would be a very significant step in the field of indirect tax reforms in India. By amalgamating a large number of Central and State taxes into a single tax, it would mitigate cascading or double taxation in a major way and pave the way for a common national market.
It is essential that officers working in various wings of Customs, Excise and Service tax department remain aware of legal provisions relating to their appointment, powers and functions under three main tax laws dealing with in-direct taxes, namely, Customs Act, 1962; Central Excise Act, 1944 and the Finance Act, 1994.
A successful investigation is substantially dependent on a good interrogation and recording of statements to convert the findings into admissible evidence. The process involves questioning a suspect or a witness to seek information leading to solution of a case of evasion being investigated.
5B Permission to a person resident outside India to enter into exchange traded currency derivatives A person resident outside India who is exposed to Rupee currency risk arising out of: