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Circulars

Reduction in EPF & EDLI administrative charges

March 22, 2017 4461 Views 1 comment Print

The expenditure incurred in administering the Employees’ Provident Fund is met from the administrative and inspection charges collected from the employers of un-exempted and exempted establishments respective

Operational flexibility for Indian subsidiaries of Non-resident Companies

March 21, 2017 993 Views 0 comment Print

To provide operational flexibility for booking derivative contracts to hedge the currency risk arising out of current account transactions of Indian subsidiaries of Multi-National Companies (MNCs).

Rebate of State Levies (RoSL) on Export of made-up articles

March 20, 2017 6237 Views 0 comment Print

The Government of India has decided to extend the RoSL on garment exports to exports of made-up articles covered under Chapter 63 of the AIR Drawback schedule.

DVAT 3rd quarter of 2016-17 Return Filing due date extended to 31/03/2017

March 17, 2017 4047 Views 0 comment Print

Commissioner, Value Added Tax, Delhi extends the last date of filing of online/hard copy of third quarter return for the year 2016-17, in Form DVAT-16 ,DVAT-17 and DVAT-48 along with required annexure/enclosures to 31.03.2017.

Maharashtra VAT Launches 3 New Online Facilities for dealers

March 16, 2017 16263 Views 0 comment Print

1. Facility to view draft return before submitting the returns under the MVAT and the CST Act 2. Facility to upload application of refund for the periods from 01 April 2016 onwards 3. Facility to upload application to obtain the e CST declarations for the dealers registered after 25 May 2016

Upload regulatory orders and arbitration matters on website: SEBI

March 16, 2017 648 Views 0 comment Print

In order to improve transparency in disclosing the regulatory orders and arbitration awards issued by clearing corporations, it has been decided that all regulatory orders i.e. orders against clearing members and arbitration / appellate awards by arbitrators need to be made available to investors.

IRDA Revises Guidelines on Point of Sales Person: Non-Life & Health

March 16, 2017 15462 Views 0 comment Print

Reference is drawn to Guidelines on Point of Sales Person – Non-Life and Health dated 26th October, 2015 facilitating insurance companies and insurance intermediaries to appoint point of sales person to solicit and market largely pre-underwritten products.

CBEC clarifies on classification of ‘Saree’ under CETA, 1985

March 15, 2017 2475 Views 0 comment Print

Whether the goods described as ‘Saree’ which has undergone further processing such as embroidery, stitching of lace and tikki etc. and stitched with two or more kinds of fabrics is classifiable as Saree under Chapter 54 or as made-ups under Chapter 63 of the Central Excise Tariff Act, 1985.

SEBI releases updated format of draft offer letter under takeover code

March 15, 2017 1242 Views 0 comment Print

It has been decided, in consultation with market participants, to revise the time period for which information is required to be filed with SEBI, in line with the provisions relating to maintenance of records under the Companies Act, 2013. The format and instructions prescribed vide aforementioned Circular shall stand modified as given at

SEBI permits Celebrity endorsements of Mutual Funds at industry level

March 15, 2017 2343 Views 0 comment Print

SEBI decided to permit celebrity endorsements at industry level, for the purpose of increasing awareness of Mutual Funds as a financial product category.

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