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Amendments to Indian Stamp Act, 1899 applicable from 09.01.2020

December 10, 2019 26397 Views 0 comment Print

Central Government appoints 9 day of January, 2020, as the date on which the provisions of Part I of Chapter IV related to Amendments to Indian Stamp Act, 1899 which were notified by Finance Act, 2019 (7 of 2019). Also Read- Amendments to Indian Stamp Act, 1899 applicable from 09.01.2020 MINISTRY OF FINANCE (Department of […]

The Citizenship (Amendment) Bill, 2019 as Introduced in lok Sabha

December 9, 2019 1251 Views 0 comment Print

Clause 5 of the Bill seeks to insert a new clause (eei) in sub-section (2) of section 18 of the Citizenship Act, 1955 so as to empower the Central Government to make rules to provide the conditions, restrictions and manner for granting certificate of registration or certificate of naturalisation under sub-section (1) of section 6B of the said Act.

Corrigendum to DGFT Notification No. 31/2015-2020 dated 13th November 2019

December 6, 2019 6417 Views 0 comment Print

Central Government hereby notifies that the Notification No.31/2015-2020 dated 13th November, 2019 and published in the Gazette of India , Extraordinary vide number S.O. 4097(E) dated 13th November, 2019 shall be effective from the date on which Section 88 (b) of the Finance (No. 2) Act, 2019 (23 of 2019) is notified by the Department of Revenue, Ministry of Finance. Government of India. Hence, the Notification No.31/2015-20 dated 13th November, 2019 is not effective till amendment of First Schedule to the Customs Tariff Act as specified in the Fifth Schedule to the Finance Act is notified.

Draft Indian Boiler (Amendment) Regulations, 2019

December 6, 2019 975 Views 0 comment Print

The following draft regulations to amend the Indian Boiler Regulations, 1950, which the Central Boilers Board proposes to make in exercise of the powers conferred by section 28 of the Boilers Act, 1923 (5 of 1923), is hereby published

SEBI (Issue of Capital And Disclosure Requirements) (Fifth Amendment) Regulations, 2019

December 6, 2019 1056 Views 0 comment Print

1. These regulations may be called the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Fifth Amendment) Regulations, 2019. 2. They shall come into force on the date of their publication in the Official Gazette.

Fund Manager Regime | Section 9A | Draft Rules for Comments

December 5, 2019 3222 Views 0 comment Print

Section 9A of the Income-tax Act, 1961 (the Act) provides for a special taxation regime in respect of certain offshore funds in context of their fund managers being located in India. It is provided that in case of an eligible investment fund, the fund management activity carried out through an eligible fund manager acting on behalf of such fund shall not constitute business connection in India of the said fund.

Foreign Exchange Management (Non-debt Instruments) (Amendment) Rules, 2019

December 5, 2019 23013 Views 0 comment Print

(1) These rules may be called the Foreign Exchange Management (Non-debt Instruments) (Amendment) Rules, 2019. (2) These rules shall be deemed to have come into force on the 17th October, 2019, except items (i), (ii), (iii), (iv), (v) and (vii) of rule 6 which shall come into force on the date of their publication in the Official Gazette.

The Chit Funds (Amendment) Act, 2019

December 5, 2019 5310 Views 0 comment Print

(1) This Act may be called the Chit Funds (Amendment) Act, 2019. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.

Government designates Special Court under Black Money Law

December 4, 2019 822 Views 0 comment Print

Government, in consultation with Chief Justice of High Court of Himachal Pradesh, Shimla designates Civil Judge-cum-JMIC (3), Shimla and Civil Judge-cum-JMIC(2), Hamirpur as Special Courts under Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015

Foreign Exchange Management (Export of Goods and Services) (Amendment) Regulations, 2019

December 3, 2019 2757 Views 0 comment Print

i. These Regulations may be called the Foreign Exchange Management (Export of Goods and Services) (Amendment) Regulations, 2019. ii. They shall come into force from the date of their publication in the official Gazette.

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