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Notifications

CG notifies certain eligible institutions and maximum deduction available to them under sec. 35AC

March 12, 2013 1988 Views 0 comment Print

Notification No. 97/2013 – Income Tax [F.NO. V. 27015/4/2012-SO(NAT.COM]]/S.O. 627(E), DATED 12-3-2013 In exercise of the powers conferred by sub-section (1), read with clause (b) of the Explanation to section 35AC of the Income Tax Act, 1961 (43 of 1961), the Central Government, on the recommendations of the National Committee for Promotion of Social and Economic Welfare, hereby notifies the institutions approved by the said National Committee, mentioned in column (2) of the Table below, and approves the eligible projects or schemes

SEBI (Certification of Associated Persons In The Securities Markets) Regulations, 2007 – Obtainment Of Requisite Certification(S) By Associated Persons

March 11, 2013 1725 Views 0 comment Print

In terms of sub-regulation (1) of regulation 3 of the Securities and Exchange Board of India (Certification of Associated Persons in the Securities Markets) Regulations, 2007 (the Regulations), the Board may require, by notification, any category of associated persons as defined in the Regulations to obtain requisite certification(s).

Definition of ‘Cluster’ to be used for dispensations under the National Manufacturing Policy – regarding

March 5, 2013 519 Views 0 comment Print

The National Manufacturing Policy was notified by Govt. of India vide Press Note No. 2 dated 4th November, 2011. Paragraph 6 of the Press Note states that while the NIMZs are an important instrumentality, the proposals contained in the Policy apply to manufacturing industry throughout the country including wherever industry is able to organize itself into ‘clusters’ and adopt a model of self-regulation as enunciated (copy enclosed).

DVAT – ‘European Commission’ shall be substituted by the new word ‘European Union’

March 5, 2013 1357 Views 0 comment Print

WHEREAS the Ministry of External Affairs, Government of India vide letter No. D-II/451/12(44)/2007 dated 16/01/2013 has informed to the Government of National Capital Territory of Delhi that name of delegation of the Commission of the European Communities (European Commission) has been changed to the Delegation of the European Union

Extension of Time for VAT Assessment in Maharashtra for the period 2005-06 and 2008-09

March 2, 2013 3572 Views 0 comment Print

Provided also that, in respect of the period commencing on or after the 1st April 2008 and ending on or before the 31st March 2009, an order of assessment under this sub-section may be made on or before the 30th June 2013

Notification No. 12/2013 – Central Excise

March 1, 2013 3390 Views 0 comment Print

Seeks to amend notification No. 12/2012 – CE, dated the 17th March, 2012, so as to make necessary amendments in the specified entries thererin.  NOTIFICATION No. 12/2013-Central Excise – New Delhi, the 1st March, 2013 G.S.R. (E). – In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, […]

Notification No.4/2013 – Service Tax Dated – 1st March, 2013

March 1, 2013 1938 Views 0 comment Print

public limited company shall have the same meaning as is assigned to public company in clause (iv) of sub-section (1) of section 3 of the Companies Act, 1956 (1 of 1956) and shall include a private company that becomes a public company by virtue of section 43A of the said Act;

Budget 2012-13 – Amendment in Service Tax Negative List

March 1, 2013 21014 Views 0 comment Print

Notification No. 3/2013 – Service Tax – 1st March, 2013 Two more services have been included in the negative list for service tax. These are: Vocational courses offered by institutes affiliated to the State Council of Vocational Training; and, testing activities in relation to agriculture and agricultural produce.

ST – Change in Abatement Rate for residential unit

March 1, 2013 12037 Views 0 comment Print

Construction of a complex, building, civil structure or a part thereof, intended for a sale to a buyer, wholly or partly except where entire consideration is received after issuance of completion certificate by the competent authority,-

Regarding ‘zero excise duty route’ to branded ready- made garments and made-ups.

March 1, 2013 1781 Views 0 comment Print

Seeks to amend notification No.30/2004-CE, dated the 9th July, 2004, so as to provide ‘zero excise duty route’ to branded ready- made garments and made-ups

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