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Profile of CRA & benefits/features offered by them

September 16, 2021 1035 Views 0 comment Print

As per Section 21(1) of PFRDA Act 2013, PFRDA had appointed multiple Central Record Keeping Agencies (CRAs) in the public interest and in order to provide the choice to its stake holders for catering to their specific requirements. CRAs which are appointed by PFRDA are mentioned below in the alphabetical order,

Caretaker/Servant Acquires no Interest In Property Irrespective of Possession duration: SC

September 16, 2021 1962 Views 0 comment Print

Himalaya Vintrade Pvt. Ltd. Vs Md. Zahid & Anr. (Supreme Court of India) In our considered view, the Trail Court has committed a manifest error in appreciating the pleadings on record from the plaint filed at the instance of respondent no.1-plaintiff who as a caretaker/servant can never acquire interest in the property irrespective of his […]

Anti-dumping duty on imports of ‘Aluminium foil’

September 16, 2021 12003 Views 0 comment Print

Seeks to levy anti-dumping duty on imports of ‘Aluminium foil’ originating in or exported from China PR, Malaysia, Thailand, Indonesia for a period of five years. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 16th September, 2021 Notification No. 51/2021-Customs (ADD) G.S.R. 637(E).—Whereas in the matter of ‘Aluminium Foil’ (hereinafter referred to as the […]

Master Direction | RBI (Market-makers in OTC Derivatives) Directions, 2021

September 16, 2021 7614 Views 1 comment Print

1.1 These Directions shall be called the Master Direction – Reserve Bank of India (Market-makers in OTC Derivatives) Directions, 2021. 1.2 These Directions shall come into force on January 03, 2022.

CBDT notifies pension fund, namely ‘2452991 Ontario Limited’ | Section 10(23FE)

September 16, 2021 1872 Views 0 comment Print

CBDT notifies pension fund, namely, ‘2452991 Ontario Limited’ under sub-clause (iv) of clause (c) of the Explanation 1 to clause (23FE) of section 10 of the Income-tax Act, 1961  in respect of the eligible investment made by it in India on or after 16th September, 2021 but on or before the 31st day of March, […]

Period of limitation not applicable on service tax paid under mistaken notion

September 16, 2021 1674 Views 0 comment Print

Way2wealth Brokers Pvt. Ltd Vs Commissioner of Central Tax (Karnataka High Court) The circular dated 03.08.2011 issued by Central Board of Excise and Customs, New Delhi, clarifies that delayed payment charges received by stock brokers are not includible in taxable value as the same are not the charges for providing taxable services. Such charges are […]

Import allowed through IOC- Govt amends policy conditions

September 16, 2021 1668 Views 0 comment Print

Policy condition no.5 of Chapter 27 of ITC (HS), 2017, Schedule – I (Import Policy) amended in terms of Government Resolution No. P-12029(11)/2/2018-OMC-PNG dated 08.11.2019. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Notification No. 27/2015-2020 – DGFT New Delhi, Dated:/16th September, 2021 Subject: Amendment of policy […]

Revamped Gold Monetisation Scheme

September 15, 2021 573 Views 0 comment Print

The Gems & Jewellery sector is one of the important sectors of Indian Economy, with a contribution of around 7% to GDP, 10-12% share in country’s total merchandise export and being one of the leading sectors in terms of employment generation providing employment to approx. 5 million skilled and semi-skilled workforce.

Relaxation in Study Period for students appearing CA Intermediate Exam

September 15, 2021 951 Views 0 comment Print

Competent Authority has decided that the students who have cleared July, 2021 Foundation Examination are required to register in Intermediate Course till November 1, 2021 in order to appear in May, 2022 Intermediate Examination.

GST act contains provision for refund of CVD/SAD paid under erstwhile regime

September 15, 2021 4362 Views 0 comment Print

Flexi Caps And Polymers Pvt Ltd Vs Commissioner, CGST (CESTAT Delhi) The apparent fact on record is that the appellant has paid the entire CVD/SAD upon the goods imported by the appellant, as inputs, for manufacturing its final product. No doubt, initially the import was made duty free but for the reason that the appellant […]

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