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Notifications/Circulars

Agreement between India and Thailand for Exchange of Information with respect to taxes

December 1, 2015 3425 Views 0 comment Print

Notification No. 88/2015 – Income Tax Whereas, an Agreement between the Government of the Republic of India and the Government of the Kingdom of Thailand for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income was signed in Thailand on the 29th day of June, 2015 (hereinafter referred to as the said Agreement);

Guidelines for handling and storage of valuable goods that are seized/ confiscated by the Department- reg.

December 1, 2015 3433 Views 0 comment Print

F.No.394/97/2015-Cus (AS) In terms of Section 110 of Customs Act, 1962 if the proper officer has reason to believe that any goods are liable to confiscation under this Act, he may seize such goods that may include valuables such as gold. In the recent past, the smuggling of high value goods, especially gold is on the rise, as evidenced by the increasing number of seizures made by Directorate General of Revenue Intelligence and the field formations

Delhi VAT: Reward Scheme to encourage market / trade association for payment of due tax

November 30, 2015 1014 Views 0 comment Print

Value Added Tax is one of the major sources of revenue of the Government of Delhi which is an indirect tax collected by traders from customers on sale of goods and then deposited with the Government. In its effort to collect the due tax, the Government intends to involve market associations. With this objective in view, the Government proposes to introduce a reward scheme for the associations.

SEBI Circular on Issue of No Objection Certificate for release of 1% of issue amount

November 30, 2015 1989 Views 0 comment Print

Circular No. CIR/OIAE/001/2015 As per the extant Listing Agreement with the Stock Exchanges, an issuer company deposits 1% of the issue amount of the securities offered to the public and/or to the holders of the existing securities of the company, as the case may be, with the designated stock exchange. SEBI, vide circular no. OIAE/Cir-1/2009 dated November 25, 2009, had laid down the procedure for issuance of No Objection Certificate to the designated stock exchange for release of the amount to the issuer company.

SEBI Circular on Manner of achieving minimum public shareholding

November 30, 2015 2403 Views 0 comment Print

Regulation 38 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 provides that the listed entity shall comply with minimum public shareholding requirements in the manner as specified by the Board from time to time.

Notification No. 135/2015-Customs (N.T.) Dated-30th November, 2015

November 30, 2015 868 Views 0 comment Print

Notification No. 135/2015-CUSTOMS (N. T.) Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 748 (E), dated the 3rd August, 2001, namely:-

Amends Notification No. 83/2004-Customs (N.T) dated 30th June 2004

November 30, 2015 808 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 4 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes following amendments further to amend the notification of the Government of India, in the

Notification No. 133/2015-Customs (N.T.) Dated: 03/11/2015

November 30, 2015 2095 Views 0 comment Print

In exercise of the powers conferred by clause (a) of section 152 of the Customs Act, 1962 (52 of 1962), the Central Government, on the being satisfied that it is necessary in the public interest so to do

Schemes of Arrangement by Listed Entities and (ii) Relaxation under Sub-rule (7) of rule 19 of the Securities Contracts (Regulation) Rules, 1957

November 30, 2015 3721 Views 0 comment Print

Circular No. CIR/CFD/CMD/16/2015 A listed issuer may submit the Draft Scheme of arrangement under sub-rule (7) of rule 19 of the Securities Contracts (Regulation) Rules, 1957, thereby seeking relaxation from the strict enforcement of clause (b) to sub-rule (2) of rule 19 thereof, for listing of its equity shares on a recognized stock exchange without making an initial public offer, if it satisfies the following conditions:

Disclosure of holding of specified securities and Holding of specified securities in dematerialized form

November 30, 2015 6404 Views 0 comment Print

CIRCULAR No. CIR/CFD/CMD/13/2015 Manner of representation of holding of specified securities- a. The holding of specified securities shall be divided into the following 3 categories viz. Promoter and Promoter Group, Public and Non Promoter Non Public.

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