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DVAT return filing due date for 4th quarter extended to May 15, 2017

April 28, 2017 2607 Views 0 comment Print

Hereby extend the last date of filing of online/hard copy of fourth quarter return for the year 2016-17, in Form DVAT-T6 ,DVAT-17 and DVAT-48 along with required annexure/enclosures up to 15/05/2017.

NOF for ARCs shall be minimum Rupees One Hundred Crore

April 28, 2017 702 Views 0 comment Print

Reserve Bank of India hereby specifies that the Net Owned Fund (NOF) for Asset Reconstruction Companies (ARCs) shall be minimum Rupees One Hundred Crore on an ongoing basis with effect from the date of this Notification.

Don’t rely merely on Head Notes / Placitum of Law Journals: HC

April 27, 2017 4362 Views 0 comment Print

During the assessment of judgments of Judicial Officers, it is noticed that many Judicial Officers have reproduced the Head Note/Placitum from the relevant Journals relating to High Court/ Supreme Court judgments. Needless to mention that the Head Note is a creation of the Edition Board.

Transfer of Shares to IEPF Authority

April 27, 2017 2025 Views 0 comment Print

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.

IBU in IFSC can act as a Trading Member of an exchange

April 27, 2017 969 Views 0 comment Print

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,

DGFT includes Hazira Port for export promotion benefits

April 27, 2017 915 Views 0 comment Print

Seaport located at Hazira (Surat) Port is included under in paragraph 4.37(a) of Hand Book of Procedures (2015-2020) for availing export promotion benefits under Chapter 4 of Foreign Trade Policy.

10 Clarification on TRQ for Raw Sugar

April 27, 2017 930 Views 0 comment Print

This Office has received certain requests for clarifications on the TRQ for Raw Sugar as notified vide DGFT’s Notification No 1 & 2 dated 5th April, and I3th April. The same having been considered is clarified as under

DGFT Offices address changes in 5 Cities in India

April 27, 2017 2400 Views 0 comment Print

The address of Regional Office of DGFT at Puducherry and the Head of office at the Regional Office of DGFT at Ludhiana, Ahmedabad, Bangalore and Hyderabad in Appendix –lA of Foreign Trade Policy, 2015-20 have been changed.

Govt servants to get Salary directly in bank Account

April 27, 2017 1839 Views 0 comment Print

All payments to Government servants, including salary payments, shall be made by electronically signed payment advices for direct credit to their bank accounts, subject to availability of banking facilities:

EPF: Medical certificate not required for advance for illness and to physically handicapped members

April 27, 2017 9012 Views 0 comment Print

A member would only be required to submit a self-declaration, which has already been included in the Composite Claim Form, to avail advance from the provident fund for illness in certain A member would no longer be required to submit any medical certificate or any other certificate or document or any proforma whatsoever to avail advance under paragraph 68-J.

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