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Custom duty on Electric Vehicle & its specified part & raw material for manufacture of Lithium ion cells

January 29, 2019 5730 Views 0 comment Print

Seeks to further amend notification No. 50/2017-Customs dated 30th June, 2017 to prescribe effective BCD rate on Electric Vehicle (EV) and their specified part and raw material for manufacture of Lithium ion cells vide Notification No. 03/2019-Customs dated 29th January, 2019. GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 03/2019-Customs New Delhi, the […]

BCD rate on power bank parts of Lithium ion & Battery pack of mobile

January 29, 2019 5565 Views 0 comment Print

Seeks to further amend notification No. 57/2017-Customs dated 30th June, 2017 to prescribe effective BCD rate on parts of power bank of Lithium ion and Battery pack of cellular mobile phones  vide Notification No. 02/2019 – Customs dated 29th January, 2019. GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 02/2019 – Customs New […]

CBDT rescinds Notification No. 15/2008 Dated 1/2/2008 wef 01.04.2011

January 25, 2019 1752 Views 0 comment Print

Central Government hereby rescinds the notification of the Government of India, Ministry of Finance, Department of Revenue number 15/2008 dated 01.02.2008 published in the Gazette of India, Part II, Section 3, Sub-Section (ii) dated of 02.02.2008 vide S.O. 200 with effect from 01.04.2011 and it shall be deemed from 01.04.2011 that the said notification had not been issued for any tax benefit under the Income-tax Act, 1961 or any other law for the time being in force.

IBBI (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2019

January 24, 2019 2895 Views 0 comment Print

The amendment mandates that the request for resolution plans shall require the resolution applicant, in case its resolution plan is approved by the committee of creditors, to provide a performance security. Performance security means security of such nature, value, duration and source, as may be approved by the committee of creditors, having regard to the nature of resolution plan and business of the corporate debtor.

Companies (Acceptance of Deposits) Amendment Rules, 2019

January 22, 2019 119907 Views 0 comment Print

It is hereby clarified that Form DPT-3 shall be used for filing return of deposit or particulars of transaction not considered as deposit or both by every company other than Government company.

Companies (Prospectus and Allotment of Securities) Amendment Rules, 2019

January 22, 2019 8310 Views 0 comment Print

Companies (Prospectus and Allotment of Securities) Rules, 2014 shall not apply to an unlisted public company which is:— (a) a Nidhi; (b) a Government company or (c) a wholly owned subsidiary.

Specified Companies (Furnishing of information about payment to micro and small enterprise suppliers) Order, 2019

January 22, 2019 114705 Views 17 comments Print

Every specified company shall file in MSME Form I details of all outstanding dues to Micro or small enterprises suppliers existing on the date of notification of this order within thirty days from the date of publication of this notification.

IRDAI (Insurance Brokers) (First Amendment) Regulations, 2018

January 21, 2019 1539 Views 0 comment Print

These Regulations may be called the Insurance Regulatory and Development Authority of India (Insurance Brokers) (First Amendment) Regulations, 2018.

Fema: Reg. opening of project office relating to defence sector in India

January 21, 2019 1116 Views 0 comment Print

In the case of proposal for opening a project office relating to defence sector, no separate reference or approval of Government of India shall be required if the said non-resident applicant has been awarded a contract by/entered into an agreement with the Ministry of Defence or Service Headquarters or Defence Public Sector Undertakings.

SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2019

January 21, 2019 8496 Views 0 comment Print

These regulations may be called Securities and Exchange Board of India (Prohibition of Insider Trading) (Amendment) Regulations, 2019.

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