All companies required to transfer shares to IEPF Authority under the aforesaid Rules shall transfer such shares, whether held in dematerialised form or physical form,to the demat account of IEPF Authority by way of corporate action.
IFSC Banking Unit (IBU) set up in IFSC shall be permitted to act as a Trading Member of an exchange or a Professional Clearing Member of a clearing corporation in IFSC, without forming a separate company,
(1) unregistered dealer should have filed the application for registration during the period starting from 18th March 2017 and ending on 30th June 2017. (2) the said dealer shall file the returns for all such un-registered period and make the payment of 100% tax alongwith 25% of the interest payable as per section 30(1) of MVAT Act, on or before 31st July 2017.
As per Trade Circular 9T of 2017 Dt. 01st April 2017, the dates of filing the returns for the monthly return for period March 2017 and the quarterly return periods of 1st October 2016 to 31st December 2016 and 1st January, 2017 to 31st March, 2017 were communicated to the Trade.
FM of Maharashtra presented Budget on 18th March 2017. In order to give effect to announcements made in house, certain amendments have been made to Maharashtra State Tax on Profession, Trade, Callings and Employments Act, 1975.
Acceptance of Central Government Securities by Clearing Corporations towards Core Settlement Guarantee Fund (SGF) Contribution by Clearing Members
Circular No.17 of 2017 – Corrigendum to Circular No. 13/2017 dated 11.04.2017 on the Clarification regarding Liability to income – tax in India for a non – resident seafarer receiving salary in NER (Non Resident External) account maintained with an Indian Bank. -reg.
Provisional Ids and Access Token of Phase 4 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. The list of all such dealers is published under “What’s New” Section on MSTD’s portal.
Lease rent from letting out buildings/developed space along with other amenities in an Industrial Park/SEZ— to be treated as business income.
Of late, we have been receiving complaints from members of general public that majority of the bank branches are not accepting banknotes, specifically in the denomination of Z 500 and 7 2000, with anything written/colour on them and banknotes whose colour has faded due to washing or any other reason.
