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Notifications/Circulars

Government amends monthly bonus calculation ceiling to Rs 7,000

January 1, 2016 8334 Views 1 comment Print

for the words three thousand and five hundred rupees at both the places where they occur, the words seven thousand rupees or the minimum wage for the scheduled employment, as fixed by the appropriate Government, whichever is higher shall respectively be substituted;

SEBI establishes of Local Office of the Board at Jammu

January 1, 2016 591 Views 0 comment Print

No.SEBI/LAD-NRO/GN/2015-16/28 – In exercise of the powers conferred by sub-section (4)of section 3 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board has established its Local Office at Jammu under the administrative control of its Northern Regional Office at New Delhi.

Luxuries Tax e-Returns for Maharashtra dealers

January 1, 2016 3695 Views 0 comment Print

Trade Circular No 1T of 2016 e–Services offered by the Department have been welcomed by the dealers and their representatives. The Sales Tax Department has made available facility to make payment through GRAS (Government Receipt Accounting System) for Luxury Tax payers from 18/09/2014.

Procedure: Compliance with securities contract regulations, 2012 by Stock Exchanges

January 1, 2016 907 Views 0 comment Print

Procedures for ensuring compliance with Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012 (SECC Regulations) by Listed Stock Exchanges.

Increase in Excise Duty on petrol by 37 paise Per liter & on diesel by Rs. 2 Per Litre

January 1, 2016 1277 Views 0 comment Print

Notification No. 1/2016-Central Excise prescribes the Basic Excise Duty (BED), with effect from 02.01.2016, on the following products at the rates indicated below: (i) Unbranded petrol from Rs. 7.36 per litre to Rs. 7.73 per litre; (ii) Branded petrol from Rs. 8.54 per litre to Rs. 8.91 per litre; (iii) Unbranded diesel from Rs.5.83 per litre to Rs. 7.83 per litre; and (iv) Branded diesel from Rs. 8.19 per litre to Rs. 10.19 per litre.

Delegating of powers to RDs U/s. 208 of Companies Act, 2013

December 31, 2015 1985 Views 0 comment Print

n exercise of the powers conferred by section 458 of the Companies Act, 2013 (18 of 2013) the Central Government hereby delegates to the Regional Directors at Mumbai, Kolkata, Chennai, Delhi, Ahmedabad, Hyderabad and Shillong, the power vested in it under section 208 of the said Act for receiving the report from the Registrar (having jurisdiction over the place of registered office of the company concerned)

Delhi VAT- DP-1 to be submitted online by all dealers latest by 31/01/2016

December 31, 2015 728 Views 0 comment Print

In partial modification of Notification No.F.3(352)Policy/VAT/2013/1062-73 dated 23/11/2015 regarding submission of information online in Form DP-1, I, Sanjeev Khirwar, Commissioner, Value Added Tax, Government of National Capital Territory of Delhi, in exercise of the powers conferred on me by sub-section(1) read with sub­section (2) and (3) of section 70 and sub-section (2) of section 59 of Delhi Value Added Tax Act, 2004, notify that the Form DP-1 shall be submitted online by all the dealers latest by 31/01/2016. The form shall be filed by dealers registered upto 31/10/2015.

Notification No. 27/2015-Central Excise (N.T.) Dated- 31st December, 2015

December 31, 2015 1522 Views 0 comment Print

Notification No. 27/2015-Central Excise (N.T.) In the CENVAT Credit Rules, 2004, in rule 9, in sub-rule (1), in clause (d), after the words “ Foreign Post Office, the words or, as the case may be, an Authorized Courier, registered with the Principal Commissioner of Customs or the Commissioner of Customs in-charge of the customs airport, shall be inserted.

Notification No. 150/2015-Customs (N.T.) Dated- 31st December, 2015

December 31, 2015 1363 Views 0 comment Print

Notification No. 150/2015-CUSTOMS (N. T.) Gold, in any form, in respect of which the benefit of entries at serial number 321 and 323 of the Notification No. 12/2012-Customs dated 17.03.2012 is availed- 345 per 10 grams

SEBI issues list of 221 Companies issuing Shares/ Debentures in Violation of Law

December 31, 2015 15036 Views 0 comment Print

Some unlisted companies are luring retail investors by issuing securities including non-convertible and convertible debentures/ non-convertible and convertible preference shares/ equity shares in the garb of private placement, without complying with the provisions of Companies Act, 1956 read with the Companies Act, 2013, SEBI (Issue and Listing of Debt Securities), Regulations, 2008, SEBI (Issue and Listing of Non-Convertible Redeemable Preference Shares), Regulations, 2013 and SEBI (Issue of capital and Disclosure Requirements) Regulations, 2009.

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