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Circulars

SEBI: Online Filing System for REITs and InvITs

July 24, 2017 657 Views 0 comment Print

All applicants desirous of seeking registration as REITs or InvITs are now required to submit their applications online only, through SEBI Intermediary Portal at https://siportal.sebi.gov.in. Furthermore, all SEBI registered REITs and InvITs are now required to file/ submit/ apply for any request, as may be required under the provision of aforesaid Regulations & Circulars issued there under, through the online system only. The aforesaid online filing system has been made operational.

EPFO enables online Transfer Claims under Unified Portal

July 21, 2017 2169 Views 0 comment Print

As you are aware, new Facility to apply for Transfer has been launched in the Member Interface and Employer Interface under Unified Portal with effect from 27th May 2017 replacing the functionality of the erstwhile OTCP Portal.

EPF Compliance in respect of multiple units establishments

July 21, 2017 21264 Views 0 comment Print

In accordance with the cited instructions, there are many establishments which have employees working at different locations and branches but the payment of PF dues of all the workers is made under a single PF code number. However there were demands to give a facility for field offices to monitor compliance in their inspection area or information driven scrutiny of compliance.

Distribution of GST Provisional Id & Access Token of Phase 8 dealers

July 21, 2017 1053 Views 0 comment Print

Provisional Ids and Access Token of Phase 8 dealers, are now made available by GSTN. Dealer can obtain their Provisional Ids from department’s portal www.mahavat.gov.in, using their login credentials.

MVAT: TDS on work contracts executed prior to 30-6-2017

July 21, 2017 2982 Views 1 comment Print

Tax Deduction at Source (TDS) as per section 31 of Maharashtra Value Added. Tax Act, 2002 in respect of work contracts executed prior to 30-6-2017 for which payments to be made on or after 1-7-2017 and applicability of TDS.

SEBI notifies Procedure to be followed if overall FPI investment in CCDL exceeds 95%

July 20, 2017 849 Views 0 comment Print

In the event the overall FPI investment in CCDL exceeds 95% (as indicated by the debt utilisation status updated daily on the websites of NSDL and CDSL), the following procedure shall be followed:

TDS not deductible on GST Component: CBDT

July 19, 2017 68547 Views 1 comment Print

Even under the new GST regime, the rationale of excluding the tax component from the purview of TDS remains valid, the Board hereby clarifies that wherever in terms of the agreement or contract between the payer and the payee, the component of ‘GST on services’ comprised in the amount payable to a resident is indicated separately, tax shall be deducted at source under Chapter XVII-B of the Act on the amount paid or payable without including such ‘GST on services’ component.

EPF: Non Filing of Returns by Exempted establishments

July 19, 2017 2268 Views 0 comment Print

It has been observed that all the exempted establishments have not filed the prescribed returns till In this regard, it is directed that all the RPFC/Officer In­ charges of the field offices shall ensure due filing of prescribed returns by 25.07.2017

Detailed guidelines for re-testing of samples from import consignments

July 18, 2017 13746 Views 1 comment Print

F. No. 450/15/2017-Cus IV Government of India Ministry of Finance Department of Revenue (Central Board of Excise & Custom) ******** Circular No. 30/2017-Cus New Delhi, dated 18th July, 2017 To All Principal Chief Commissioners/Chief Commissioners of Customs / Customs (Preventive), All Principal Chief Commissioners/Chief Commissioners of Customs and Central Excise, All Directors General, All Principal […]

Banks to disclose divergence in asset classification & provisioning

July 18, 2017 1443 Views 0 comment Print

all banks which have listed specified securities shall comply with the following: a) The banks shall disclose to the stock exchanges divergences in the asset classification and provisioning wherever:

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