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Companies (Cost Records and Audit) Amendment Rules, 2017

December 7, 2017 2748 Views 0 comment Print

1. These rules may be called the Companies (cost records and audit) Amendment Rules, 2017. 2. In the Companies (cost records and audit) Rules, 2014 (hereinafter referred to as the principal rules), in rule 2, after clause (f), the following clause shall be inserted and shall be deemed to have been inserted with effect from the 1st day of April, 2016, namely:-

Agency banks to settle their funds & commission with Regional RBI Office

December 7, 2017 561 Views 0 comment Print

It has been decided that all agency banks should settle their agency transactions for both funds and agency commission directly with the concerned Regional Office of Reserve Bank instead of routing them through any other agency bank that acts as aggregator in certain cases

IBBI (Grievance and Complaint Handling Procedure) Regulations, 2017

December 6, 2017 13233 Views 0 comment Print

(1) These regulations may be called the Insolvency and Bankruptcy Board of India (Grievance and Complaint Handling Procedure) Regulations, 2017. (2) These regulations shall come into force on the date of their publication in the Official Gazette.

Govt. Imposes Minimum Import Price of Rs 500 per KG on pepper

December 6, 2017 954 Views 0 comment Print

Import of pepper classified under EXIM Code 090411 and 0904 1200 is subject to Minimum Import Price (MIP) of Rs 500 on CIF basis per kg.

Foreign Trade Policy 2015-20 (w.e.f. 05.12.2017)

December 5, 2017 14019 Views 0 comment Print

Central Government hereby notifies the revised Foreign Trade Policy, 2015-2020. This Foreign Trade Policy shall come into force w.e.f. 05.12.2017.

4 Common Reason for non Comparison of GST related data by Assessee and Solution

December 5, 2017 936 Views 0 comment Print

Certain standard objections have been raised by the assessees as per the reports from the field:- 1 The assessee is migrated to the State administration and hence refuse to part with the data. 2 The assessee has directed his CA to file the return and the CA is out of station. 3 The assessee is having the data at their Hqrs. hence it takes time, to retrieve it. 4 There is no data to compare with as no Trans-1 data is available with the Department to confirm the authenticity of the data being collected or analyzed.

Special Court for speedy Trial of Company Law offences in Karnataka State designated

December 4, 2017 819 Views 0 comment Print

LIX Additional City Civil and Sessions Judge, Bengaluru City is designated as Special Court for the purposes of providing speedy trial of offences punishable with imprisonment of two years or more under section 435(1) of the Companies Act, 2013

Companies (Filing of documents and forms in XBRL) Second Amendment, Rules, 2017

December 4, 2017 1980 Views 0 comment Print

In exercise of the powers conferred by sub-sections (1) and (2) of section 469 read with section 398 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2015

EPFO: Timeline for Online Filing of Monthly Returns by Exempted Establishments

December 1, 2017 6984 Views 0 comment Print

The provisions of online filing of returns in the prescribed proforma shall also be applicable to establishment which have been granted exemption by an order of the Regional Provident Fund Commissioner for individual employees under the provisions of Paragraph 27 of the Employees’ Provident Funds Scheme, 1952.

Features of Facility to Consolidate Multiple PF Accounts of an Employee

December 1, 2017 4059 Views 0 comment Print

A facility has been provided to the members to merge their earlier PF Accounts to the current PF account so that EPFO may help them in the integration of all these PF accounts in the Current UAN activated PF account.

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