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Notifications/Circulars

Draft Central Labour Laws (Amendment) Rules, 2018

April 23, 2018 3735 Views 0 comment Print

G.S.R. 413(E). —The following draft of the certain rules further to amend,- (i) the Payment of Wages (Mines) Rules, 1956, the Payment of Wages (Railways) Rules, 1938 and the Payment of Wages (Air Transport Services) Rules, 1968, in exercise of the powers conferred by section 26 read with section 24 of the Payment of Wages Act, 1936 (4 of 1936);

Benami Transactions Informants Reward Scheme, 2018- Reward up to Rs. One crore

April 23, 2018 17337 Views 3 comments Print

Benami Transactions Informants Reward Scheme, 2018 is introduced by CBDT for regulating grant and payment of reward to a person who is an informant under this Scheme. A person can get reward up to Rs. One crore for giving specific information of benami property. Identity of the informant shall be kept confidential.

Criminal Law (Amendment) Ordinance, 2018

April 21, 2018 10578 Views 1 comment Print

THE CRIMINAL LAW (AMENDMENT) ORDINANCE, 2018 An Ordinance further to amend the Indian Penal Code, the Indian Evidence Act, 872, the Code of Criminal Procedure, 1973 and the Protection of Children from Sexual Offences Act, 2012.

Fugitive Economic Offenders Ordinance 2018

April 21, 2018 1533 Views 0 comment Print

Fugitive Economic Offenders Ordinance 2018 to provide for measures to deter fugitive economic offenders from evading the process of law in India by staying outside the jurisdiction of Indian courts, to preserve the sanctity of the rule of law in India and for matters connected therewith or incidental thereto.

Krishi Kalyan Cess not admissible as Input Tax Credit in GST Regime: AAR

April 20, 2018 4056 Views 0 comment Print

Whether accumulated credit by way of Krishi Kalyan Cess (KKC) as appeared in the Service tax return of Input Service Distributor (ISD) ON June 30, 2017 which is carried forward in the electronic credit ledger maintained by the company under CGST Act 2017, will be considered as admissible input tax-credit?

Strengthening Guidelines & Raising Industry standards for RTA, Issuer Companies & Banker to an Issue

April 20, 2018 6138 Views 0 comment Print

These guidelines cover the following broad areas: i. Provisions with respect to Payment of Dividend/interest/redemption/ redemption ii. Provisions with respect to Transfer/Transmission/ Correction of errors etc. iii. Compulsory internal audit of RTAs

Bihar to Roll Out intra-state e-way Bill WEF April 20th 2018

April 19, 2018 5601 Views 0 comment Print

The e-way bill in respect of movement of goods originating and terminating in the State of Bihar shall not be required to be generated where the consignment value does not exceed Two Lac Rupees.

Remnant fuels classifiable under heading 2710

April 19, 2018 1704 Views 0 comment Print

Kind attention is invited to the Board circular No. 37/96-customs dated 3.7.1996 on the above subject. In the said circular, Board had inter-alia clarified that in the case of a vessel brought for ship breaking, the remnant fuel and oil (other than fuel and oil contained in the vessels machinery and engines), ships stores etc. are classifiable separately in their appropriate headings and not in CTH 8908.

Format of Annual Compliance Certificate for Insolvency Professional Agencies

April 19, 2018 2304 Views 0 comment Print

IBBI, in consultation with IPAs, has devised the format of ANNUAL COMPLIANCE CERTIFICATE(Annexure A) to be submitted by the IPAs to the IBBI and to be displayed on its website within 45 days of the closure of the financial year.

Customs Rate of Exchange of Foreign Currency Conversion wef 20.04.2018

April 19, 2018 1518 Views 0 comment Print

Customs Rate of Exchange of Conversion Foreign Currencies wef 20.04.2018 notified vide Notification No. 33/2018-Customs (N.T.)dated: 19th April, 2018

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