The Union Government is presenting its Annual Budget 2015-16 on 28th February, 2015, which falls on Saturday. As it may not be a working day in certain offices, it is desired that all the offices of CBEC/field formations may remain open on that day, so that the changes made in the Budget and their impact on revenue can quickly be examined and analysed by the field formations so as to guide the trade properly and to bring to the notice of the Board any difficulties/anomalies etc. noticed in the tax proposals.
G.S.R. 125(E).—In exercise of the powers conferred by section 30 of the Securities Contracts (Regulation) Act of 1956 (42 of 1956), the Central Government hereby makes the following rules further to amend the Securities Contracts (Regulation) Rules, 1957
This is to inform all concerned that on account of presentation of Union Budget, 2015-16 on 28.02.2015, submission of Bills of entry at the ICES will be stopped on 28.02.2015 at 05.00 PM. Section 48 approvals will also be stopped on 28.02.2015 at 05.00 PM. CHAs/Importers and members of the Trade are advised to expedite the clearance and take Out of Charge of their Bills of Entry in the pipeline before 05.00 PM on 28.02.2015.
These rules may be called the Companies (Declaration and Payment of Dividend) (Amendment) Rules, 2015. (2) They shall come into force on the date of their publication in the Official Gazette.
Any further information or documents called for, in respect of application or e-form or document, filed electronically with the Ministry of Corporate Affairs shall be furnished in Form No. GNL-4 as an addendum
In order to smoothen the functioning of SC/RC companies, it has been decided that, henceforth only the following changes in the share holding pattern of the SC/RC will require Reserve Bank’s prior approval: any transfer of shares by which the transferee becomes a sponsor. any transfer of shares by which the transferor ceases to be a sponsor.
In pursuance of the powers conferred by clause (a) of entry 10 of Schedule ‘ D ‘ Appended to the Maharashtra Value Added Tax Act, 2002 (Mah. IX of 2005), the Government of Maharashtra hereby notifies with effect from the 1st March 2015, the area and the period as shown in column (2) and column (3), respectively of the Schedule appended herewith, to be area and period covered for the purpose of clause (a) of the said entry 10, namely.
1. NBFCs shall put in place a Board approved policy for resource planning which, inter-alia, should cover the planning horizon and the periodicity of private placement.
In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992), as amended, read with Para 1.3 of the Foreign Trade Policy, 2009-2014, the Central Government hereby makes the following amendments in Notification No. 85(RE-2013)/2009-2014 dated 26th June, 2014 relating to export of potato.
After the Lok Sabha General Elections in 2014, Bharatiya Janta Party (BJP) led by Shri Shri Narendra Modi formed the Government at the Centre in May 2014. Shri Arun Jaitley took over the charge as the Finance Minister in the new Government. He presented his First Budget in Parliament on 10th July, 2014. This will be his second Budget as the Union Finance Minister.