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India and Russia, hand-in-hand for a bright future

May 30, 2017 1131 Views 0 comment Print

India and Russia have recently completed 70 years of diplomatic relations. On April 13 2017, which marked the historic occasion, a grand launch function for year- long celebrations to salute this friendship was held in New Delhi. More than 100 events, which will span diverse areas of bilateral collaboration, will be held both in India and Russia during the year- long celebrations.

Service Tax on Renting of immovable property is Constitutional: Allahabad HC

May 30, 2017 8394 Views 1 comment Print

Nature of the transaction made by the Petitioner with its tenant clearly amounts to renting of an immovable property for the purpose of business or commerce and is, therefore, clearly covered by Section 65(90­a) of the Finance Act, 1994 and service tax is clearly livable thereon

Empowering persons with Disabilities

May 29, 2017 1530 Views 0 comment Print

The change in the name of the Department of Disability Affairs to the Department of Empowerment of Persons with Disabilities soon after the NDA assumed power was to send the message that ‘empowerment’ would be the key to the policies and programmes for the disabled and that a separate department meant this sector would receive focused attention it deserved.

ICSI Advisory For Members To Refrain From Unethical Practices

May 29, 2017 2031 Views 0 comment Print

Certain instances have been brought to notice where a member of the Institute is seen to assisting a company against the spirit of the related law. In such instances, a Company Secretary – though required to be on a whole time basis so as to be in a position to ensure compliance with various laws by the company concerned,

Company Secretaries can explore International Opportunities: ICSI

May 29, 2017 12342 Views 1 comment Print

A clear understanding has been arrived at with the ICSA-UK to the effect that an ICSA-UK member may transfer his membership inter se its various divisions. Accordingly, an ICSI member who has, and those who may after pursuing ICSA Course whereunder one is required to clear the following three papers, all other papers having been exempted in terms of the MoU :

Clarification regarding due date of transfer of shares to IEPF Authority

May 29, 2017 6027 Views 0 comment Print

The modalities for transfer/ transmittal of shares from companies accounts to the demat account of the IEPF Authority are being finalized with the depositories. IEPF Authority is considering to open special Demat account and till opening of demat accounts, the due date for transfer of shares stands extended. In view of this, a revised due date for transfer/ transmittal of shares shall be notified soon.

Maharashtra GST related laws (Amendments, Validation and Savings) Act, 2017

May 29, 2017 6642 Views 0 comment Print

This Act may be called the Maharashtra Goods and Services Tax related laws (Amendments, Validation and Savings) Act, 2017. AMENDMENTS TO THE MUMBAI MUNICIPAL CORPORATION ACT.

Online Filing of EPF Returns under New Software

May 29, 2017 5937 Views 0 comment Print

All the exempted Trusts are hereby advised to submit the pending online returns from October, 2016 till date. It is clarified that the return for the wage month March, 2017 is to be filed latest by 15th of May, 2017

Tobacco usage– Biggest culprit undermining all development efforts

May 29, 2017 1086 Views 0 comment Print

Tobacco usage– a major hurdle undermining developmental gains worldwide, is the foremost preventable cause of premature morbidity/ mortality. Tobacco products contain nearly 5000-7000 toxic substances, the most dangerous being nicotine, carbon monoxide and tar. Cigarette, bidi, cigar, hookah, sheesha, tobacco chewing, clove cigarettes, snuff and e­cigarette are the commonly used forms.

Govt. revises retirement age for Presiding officers of SAT

May 29, 2017 2439 Views 0 comment Print

No person is qualified to be appointed as the Presiding Officer- (a) of the Securities Appellate Tribunal established under the Securities Exchange Board of India Act, 1992 (15 of 1992), unless he is, or has been, a judge of Supreme Court or Chief Justice of High Court or a Judge of High Court for at least seven years;

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