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Future tense? Secure your family with a term plan

September 12, 2018 1428 Views 0 comment Print

Protect your family from the pitfalls of financial uncertainty – cast a protective net around them with a term insurance plan without delay. Of all the important people in the world, your family surely tops the list. Everything you do, every extra hour spent at the office, every weekend forsaken to office work – it […]

SEBI (Buy-Back of Securities) Regulations, 2018

September 11, 2018 18192 Views 0 comment Print

SEBI has notified Securities Exchange Board of India (Buy-Back of Securities) Regulations, 2018. These regulations shall be applicable to buy -back of shares or other specified securities of a company in accordance with the applicable provisions of the Companies Act, 2013. THE GAZETTE OF INDIA EXTRAORDINARY PART –III – SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, […]

Important measures by SEBI pertaining to Corporates

September 11, 2018 1149 Views 0 comment Print

SEBI, inter alia, enhanced the focus on independent directors, prescribed separation of posts of CEO/ MD and Chairperson; enhanced role of the Audit Committee, Nomination and Remuneration Committee and Risk Management Committee; strengthened approval and disclosure of related party transactions

New MEIS Module (for EDI shipments) to enable Automatic Approval of Claims

September 11, 2018 3810 Views 0 comment Print

DGFT would start the process of system driven approval of the MEIS claim Applications from 13.09.2018 in respect of exports made through EDI shipping bills. The procedure for exporters/ MEIS applicants and the RAs are being outlined below for information and awareness. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General […]

GST on Abhivahan Shulk, Khanij sampada shulk, fee collected by UEPPCB

September 11, 2018 3519 Views 0 comment Print

In re Purewal Stone Crusher (GST AAR Uttarakhand) (i) Abhivahan Shulk is different, from toll tax and is covered under Service Code 9997 and to be “treated as ‘other services’ and is liable for GST. The applicant is liable to pay GST @ 18% as on date on the same under reverse charge in terms […]

Reg. Re-import of certain indigenously manufactured electronic goods

September 11, 2018 1749 Views 0 comment Print

Seeks to amend notification No. 158/95-Customs dated 14th November, 1995 to allow re-import of certain indigenously manufactured electronic goods, for repair and reconditioning within seven years from the date of exportation, without payment of basic customs duty subject to the condition that the goods are re­-exported back after repair and reconditioning within one year from […]

Playing Game Tactically: Race For Essar Steel (Analysis of Essar Steel Case)

September 11, 2018 2565 Views 0 comment Print

In this case it is for the first time that the principles of Section 29A and circumstances of its applicability has been adjudged by the National Company Law Appellate Tribunal (hereinafter “NCLAT”). This judgment is not about maximization of value of entity at the time of bidding but focuses and restricts itself on the qualification […]

CGST Thane arrests Chartered Accountant & Two Traders for GST Evasion

September 11, 2018 3999 Views 0 comment Print

The Anti Evasion wing of CGST Thane Commissionerate, Mumbai arrested three persons on 05.09.2018 for issuing bogus invoices worth hundreds of crores to avail fraudulent input tax credit (ITC) amounting to Rs. 60 Crore (Approx).

MCA to award Companies for their CSR intervention

September 11, 2018 978 Views 0 comment Print

With the enforcement of Companies Act, 2013, Corporate Social Responsibility (CSR) provision under Section 135 has become applicable for companies meeting certain thresholds defined in the Act. The mandate for CSR spend, requiring such companies to spend two percent of their net profit on approved CSR activities, has now become a part of corporate governance in the country. Schedule VII of the Act, lists the areas in which CSR activities may be undertaken by the companies.

Vacancies with Bank of Maharashtra for 50 CAs / CMAs

September 11, 2018 4860 Views 0 comment Print

Bank of Maharashtra have vacancies for 50 Chartered Accountants / Cost & Management Accountants.  Candidate should be of Minimum 20 Years of age and Maximum of 30 years.  As post qualification experience is not stipulated, fresh candidates also can apply. Full details are as follows :- BANK OF MAHARASHTRA (A GOVERNMENT OF INDIA UNDERTAKING) Human […]

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