Government of India Ministry of Commerce & Industry Department of Industrial Policy & Promotion Consolidated FDI Policy Circular of 2015 Subject: Consolidated FDI Policy The ‘Consolidated FDI Policy’ is attached. 2. This Circular will take effect from May 12, 2015. (Atul Chaturvedi) Joint Secretary to the Government of India D/o IPP F. No. 5(1)/2015-FC-1 Dated […]
With reference to the requirements of the regulation 8 (Code of Fair Disclosure) and regulation 9 (Code of Conduct) of the Regulations, the companies shall also ensure that: i. Formulated and published (on its official website), code of practices and procedures for fair disclosure of Unpublished Price Sensitive Information (UPSI), is confirmed to the stock exchanges, immediately.
The number of existing income tax payers is low compared to the potential. The gap between the potential and the actual tax payers appears to be wider in the case of tier-II cities and towns. 2. Considering the priorities of the Government and the need to widen the tax base, a concerted and focused effort in mission mode is required. We have to strive for adding at least 25 lakhs new assesses per month during the current financial year.
The applications for registration under the MVAT Act, 2002 and the CST Act, 1956 are required to be submitted online. Once the application is uploaded the applicant is required to attend before the registration authority for verification of required documents and photo signature.
Circular No. 1003/10/2015-CX Dated 05.05.2015 Kind attention is invited to Notification No. 8/2015 – Central Excise (NT) dated 1-3-2015 amending Central Excise Rules, 2002 (CER). Representations have been received from trade regarding the scope and purpose of third and fourth proviso inserted in sub-rule (2) of rule 11 particularly with reference to procedural requirement after the amendment where an indenting or unregistered dealer negotiates transit sale. For ease of reference these two provisos are reproduced below –
CIRCULAR NO. 09 OF 2015-16 Dated: 01/05/2015- In partial modification of this department’s Circular No.27 of 2014-15, the following Assistant Commissioner(mentioned in Col.No.4) is hereby authorised as Spl.OHA for hearing the objections with respect to 2A-2B mismatch of 2012-13 in place of the Assistant Commissioners, transferred out from this department(mentioned in Col.No.2), till further orders :-
CIRCULAR No. 8 of 2015-16 Dated 01/05/2015 Attention is invited to all Assessing Authorities to this department Circular no 5 of 2014-15 dated: 04/08/2014, whereby it was directed that, no Assessing Authorities shall frame any central assessment related to Central declaration forms and where no refund is involved
In order to further strengthen the risk management practices and to develop a sound framework that would evaluate potential vulnerabilities on account of plausible events and provide early warning on the health of the underlying portfolio of Liquid Fund and MMMF Schemes, it has been decided to stipulate the following guidelines:
The level of risk in mutual fund schemes shall be increased from three to five as under: i. Low – principal at low risk ii. Moderately Low – principal at moderately low risk iii. Moderate – principal at moderate risk
CIRCULAR No. 7 of 2015-16 Dated 30/04/2015 The Systems Branch has generated the auto-default-assessment of the such dealers who have made central concessional sales during the year 2010-2011 whose, online assessments under section 9(2) of CST Act were not available, in Systems as on 30.3.2015.
