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Transitional Provisions under Revised Model GST Law -Part-II

December 26, 2016 4462 Views 0 comment Print

Article Analyses Transitional Provisions under Revised Model GST Law specified in section 168 related to Unavailed cenvat credit on capital goods, not carried forward in a return, to be allowed in certain situations

National Company Law Tribunal (Amendment) Rules, 2016: Brief Analysis

December 26, 2016 4513 Views 0 comment Print

Central Government exercise the power conferred by section 469(1) & (2) of the Companies Act, 2013 and make a rule to amend the National Company Law Tribunal Rules, 2016 namely, National Company Law Tribunal (Amendment) Rules, 2016 come into force w.e.f 20th December, 2016.

60 days grace to avail additional interest subvention on Corp Loans

December 26, 2016 1129 Views 0 comment Print

GoI to provide an additional grace period of 60 days for prompt repayment incentive of 3% to those farmers whose crop loan dues are falling due between 1st November, 2016 and 31st December, 2016

Financial information to be disclosed in offer document by REITs

December 26, 2016 1228 Views 0 comment Print

REIT Regulations prescribe disclosures to be made in an offer. The said disclosures, inter-alia, include disclosures for financial information of REIT as well as Manager and Sponsor.

Financial Reporting by Local Bodies in ASLB 17, Property, Plant & Equipment

December 26, 2016 1354 Views 0 comment Print

Exposure draft of Conceptual Framework for General Purpose Financial Reporting by Local Bodies along with consequential amendments in ASLB 17, ‘Property, Plant and Equipment’

SEBI cautions investors against activities of QNET / VDSIL

December 26, 2016 1525 Views 0 comment Print

SEBI is regularly receiving complaints against activities carried on by QNET / Vihaan Direct Selling India Pvt. Ltd. (VDSIL).

Section 248 to 252 of Companies Act effective from 26.12.2016

December 26, 2016 40795 Views 1 comment Print

S.O. 4167(E) Central Government hereby appoints 26th December, 2016 as date on which provisions of section 248 to 252 of Companies Act 2013 shall come into force.

Goods and Services Tax Refund under Revised Model GST Law

December 26, 2016 5587 Views 0 comment Print

GST refund includes refund of tax paid on goods and/or services exported out of India or inputs or input services used in goods and/or services which are exported out of India, or refund of tax paid on supply of goods regarded as deemed export, or refund of unutilized input tax credit as in Sec 48(3).

3 new initiative of Ministry of Textiles for Good Governance

December 26, 2016 1666 Views 0 comment Print

Union Minister of Textiles Smt. Smriti Zubin Irani launched following initiatives of the Ministry of Textiles in New Delhi today. ‘JUTE-SMART’ an online portal to facilitate purchase of Jute bags from the Jute Industry by the State Procurement Agencies;

Government starts awards of Lucky Grahak & Digi-Dhan Vyapar Yojana

December 26, 2016 2314 Views 1 comment Print

Government of India kick-starts the awards of the Lucky Grahak Yojana and Digi-Dhan Vyapar Yojana. 15000 Winners of first Lucky Draw to incentivise digital payments announced today

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