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Frequently Asked Questions on Secretarial Standards

September 1, 2017 6627 Views 0 comment Print

Section 118(10) of the Companies Act, 2013 mandates the observance of Secretarial Standards on General and Board Meetings specified by The Institute of Company Secretaries of India and approved by the Central Government. Accordingly, the Secretarial Standards on Meetings of the Board of Directors (SS-1) and Secretarial Standards on General Meetings (SS-2), as approved by the Central Government, have been issued by the ICSI for observance by all companies (except exempted class of companies).

DGFT enlist APEDA to issue GSP Certificate and Certificate of Origin

September 1, 2017 510 Views 0 comment Print

Director General of Foreign Trade hereby authorizes the agency as below to issue GSP Certificate and Certificate of Origin (Non Preferential) under Appendix 2C & 2E: M/s Agricultural and Processed Food Products Export Development Authority (APEDA),

Export of preferential quota sugar to USA under TRQ quota extended till 31.10.2017

September 1, 2017 408 Views 0 comment Print

The last date of export of raw sugar to USA under TRQ quota for the US fiscal year 2017 (October 1, 2016 to September 30, 2017) has been extended till 31.10.2017.

DGFT notifies conditions for import of toys

September 1, 2017 5184 Views 0 comment Print

Import of Toys (all items under EXIM Codes 95030010, 950300 20, 95030030 and 95030090) shall be permitted freely when accompanied by the following two types of certificates: (i) A certificate that the toys being imported conform to the standards prescribed in (a) ASTM F963 or (b) ISO 8124 (Parts I-III) or (c) IS 9873 [Parts I-III] or

Simplify Home Loan Calculations with EMI Calculator

August 31, 2017 2766 Views 0 comment Print

Everyone dreams of having a home to call their own. Since, buying a home requires a huge sum of money, people look for financial aid options that would help in fulfilling their dream. Home loan is a great financial aid that has helped millions realize their dream of having a home of their own.

IRDA Clarification on Aadhaar based e-KYC

August 31, 2017 1437 Views 0 comment Print

Authority vide circular dated 21st October, 2013 and AML Master Circular dated 28th September, 2015 allowed Aadhaar based e-KYC service offered by UIDAI for KYC verification. 2. It is hereby clarified that for accessing the details of the client from UIDAI for identification and authentication shall be with the consent of the client on a voluntary basis.

Corrections/Amendments in Table 2 of Appendix 3B Foreign Trade Policy 2015-20

August 31, 2017 5103 Views 0 comment Print

In exercise of powers conferred under paragraph 1.03 of the Foreign Trade Policy 2015-2020, the Director General of Foreign Trade hereby makes the following corrections/ amendments in Table 2 of Appendix 3B (notified through Public Notice No.61 dated 07.03.2017 and subsequently amended through Public Notice No.17 dated 22.08.2017).

DGFT notifies Proformae for submission of applications for export and import Sandalwood (Santalum album)

August 31, 2017 753 Views 0 comment Print

Proformae for submission of application by SEZ units with respective jurisdictional authority of SEZ for obtaining ‘No Objection Certificate’ of Ministry of Environment, Forests & Climate Change (MOEF&CC) through DGFT has be notified.

Notification No. 83/2017-Customs (N.T.), dated: 31.08.2017

August 31, 2017 1149 Views 0 comment Print

Notification No. 83/2017-Customs (N.T.)– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3rd August, 2001, published in the Gazette of India

Interest on delayed Service Tax & TDS payment is allowable expense

August 30, 2017 89649 Views 0 comment Print

This appeal by the Revenue is directed against the order of Commissioner of Income Tax (Appeals)-XX, Kolkata dated 28.08.2014. Assessment was framed by ACIT, Range-3, Kolkata u/s 143(3) of the Income Tax Act, 1961 (hereinafter referred to as the Act) vide his order dated 11.01.2013 for assessment year 2007-08. The grounds raised by the Revenue per its appeal are as under

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