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Monitoring of Foreign Investment limits in listed Indian companies- Revised system applicable from 18.05.2018

April 27, 2018 903 Views 0 comment Print

SEBI vide Circular No. IMD/FPIC/CIR/P/2018/61 dated April 5, 2018 introduced a new system for Monitoring of Foreign Investment limits in listed Indian companies and prescribed guidelines w.r.t the necessary infrastructure, data to be provided by listed Indian companies and other related matters.

Draft Indian Valuation Standard 301 – Business Valuation

April 27, 2018 1590 Views 0 comment Print

The Board invites comments on any aspect of this Exposure Draft. Comments are most helpful if they indicate the specific paragraph or group of paragraphs to which they relate, contain a clear rationale and, where applicable, provide suggestions for alternative wording.

Notification No. 34/2018-Customs (N.T.), Dated: 27.04.2018

April 27, 2018 1023 Views 0 comment Print

Notification No. 34/2018-CUSTOMS (N.T.) Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver- Reg

SEBI (Employees’ Service) (Amendment) Regulations, 2018

April 27, 2018 921 Views 0 comment Print

Where an employee has to his credit 286 days or more of ordinary leaves, the further credit of 15 days ordinary leave shall be done at the beginning of each half year (on 1st April or 1st October) to the employee’s additional ordinary leave account and the ordinary leaves availed during the six month period thereafter ending on 30th September or 31st March shall be deducted from such account:

Draft Indian Valuation Standard 103:- Valuation Approaches and Methods

April 26, 2018 2355 Views 0 comment Print

Following is the Exposure Draft of the Indian Valuation Standard 103 Valuation Approaches and Methods issued by the Valuation Standards Board of the Institute of Chartered Accountants of India, for comments.

Draft Indian Valuation Standard 101 Definitions

April 26, 2018 1494 Views 0 comment Print

Following is the Exposure Draft of the Indian Valuation Standard 101 Definitions issued by the Valuation Standards Board of the Institute of Chartered Accountants of India, for comments.

GST on Services to foreign universities related to enrollment of students from India

April 26, 2018 11064 Views 0 comment Print

Understand the classification dispute resolved by the GST AAAR West Bengal regarding the services provided by an educational promotion company under the GST Act.

Key practical tips in practice of IFRSs (Ind ASs)

April 26, 2018 4512 Views 0 comment Print

IFRSs (IND ASs being the Indian version) are now applicable in India for all listed and non-listed majors too including the requirement to prepare group financial statements. Chartered accountants in particular have to apply due diligence to measure and recognise fair values of financial assets, financial liabilities, financial derivatives and various other items on such bases as have been specified in relevant IFRSs.

Incorporation of Private Company

April 26, 2018 8709 Views 6 comments Print

Private Limited Company is basically a closely held Company which requires minimum two persons as Directors and shareholders for its incorporation. It is the most common and suitable form of entity for carrying out business in India with a long term objective. A Private Limited Companies in India are governed by the Companies Act, 2013.

E-Way Bill: Implementation Update and Important Points to Note

April 26, 2018 13062 Views 1 comment Print

Attention: Suppliers, Recipients & Transporters of Goods ! E-Way Bill System is now operational for SMOOTHER, SWIFTER & EASIER movement of goods. IMPLEMENTATION UPDATE ♦ E-way bill system has been introduced for inter-State movement of goods across the country from 1st April, 2018. ♦ States of Andhra Pradesh, Gujarat, Karnataka, Kerala, Telangana, Uttar Pradesh, Bihar, […]

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