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Companies (Restriction on number of layers) Rules, 2017

September 20, 2017 15120 Views 0 comment Print

Restriction on number of layers for certain classes of holding companies. (1) On and from the date of commencement of these rules, no company, other than a company belonging to a class specified in sub-rule (2), shall have more than two layers of subsidiaries:

MCA notifies proviso related to layers of subsidiaries wef 20.09.2017

September 20, 2017 1947 Views 0 comment Print

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 20th September, 2017 S.O. 3086(E).—In exercise of the powers conferred by sub-section (3) of section 1 of the Companies Act, 2013 (18 of 2013), the Central Government hereby appoints the 20th September, 2017 as the date on which proviso to clause (87) of section 2 of the […]

Substitution of Institute of Cost Accountants nominee on NACAS

September 20, 2017 870 Views 0 comment Print

Shri Sanjay Gupta, President, Nominee of the Institute of Cost Accountants of India- Member, [nominated under clause (b) of sub-section (2) of section 210A of the said Act].

E-mail addresses of CGST Divisions of Rajasthan

September 20, 2017 1917 Views 1 comment Print

In the light of the direction given by Hon’ble Rajasthan High Court in C.W. No. 15239/2017 titled as Rajasthan Tax Consultants Association Vs UOI & Ors. We are enclosing list of E-mail addresses of CGST Divisions of Rajasthan.

EPFO Introduces new Composite Declaration Form (F-11)

September 20, 2017 8793 Views 0 comment Print

Central Provident Fund Commissioner by exercising the powers conferred under para 36(7) read alongwith the provisions of para 34 and 57 of EPF Scheme, 1952 and para 24 of Employees’ Pension Scheme, 1995 has ordered the introduction of Composite Declaration Form (F-11) by replacing the existing New Form-11 and the same is enclosed as Annexure.

Companies (Acceptance of Deposits) Second Amendment Rules, 2017

September 19, 2017 12081 Views 0 comment Print

For the purpose of this rule, a Specified IFSC Public company means an unlisted public company which is licensed to operate by the Reserve Bank of India or the Securities and Exchange Board of India or the Insurance Regulatory and Development Authority of India from the International Financial Services Centre located in an approved multi services Special Economic Zone set-up under the Special Economic Zones Act, 2005 (28 of 2005) read with the Special Economic Zones Rules, 2006:

Procedure for filing Statement of income from a country or specified territory outside India and Foreign Tax Credit

September 19, 2017 7254 Views 0 comment Print

Online Form i.e. Form No. 67 needs to be filed in the case where assessee claiming the benefit of foreign tax credit. Submission of Form 67 shall precede the filing of return of Income. Text of Notification in this regard is as follows :-

EPFO discontinues submission of Form- 9 in physical form by employer

September 18, 2017 5856 Views 0 comment Print

In exercise of powers conferred on Central Provident Fund Commissioner under paragraph 36(7) of Employees Provident Funds Scheme, 1952, discontinuance of submission of Form No. 9 in physical form is hereby ordered in respect of all the members joining as well as the establishments being covered on or after 1st October, 2017. Copy of the order of the CPFC is enclosed.

Seeks to amend certain customs notifications in pursuance to change made in Budget 2017-18

September 15, 2017 762 Views 0 comment Print

G.S.R. (E). – In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby amends the following notifications of the Government of India in the Ministry of Finance (Department of Revenue) specified in column (2) of the Table below, to the extent specified in the corresponding entries in column (3) of the said Table, namely

Removal of prohibition on export of Pulses till further orders

September 15, 2017 768 Views 0 comment Print

Toor Dal, Moong and Urad have been made ‘free’ for export till further orders. The exporter will have to do prior-registration of contracts with APEDA.

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