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Aadhaar mandatory for NSC; Existing depositors to updates by 31.12.2017

September 29, 2017 873 Views 1 comment Print

Aadhaar number shall be the unique identifier for the purpose of establishing the identity of National Savings Certificate (NSC) holder. Provided that where Aadhaar number has not been assigned, the depositor shall submit proof of application of enrollment for Aadhaar.

IBBI notifies IBBI (Information Utilities) (Amendment) Regulations, 2017

September 29, 2017 1143 Views 0 comment Print

IBBI had notified the IBBI (Information Utilities) Regulations, 2017 on 31st March, 2017. These regulations provided that ordinarily a person should not hold more than 10% of paid up equity share capital or voting power of an information utility, while allowing certain specified persons to hold up to 25%. These further provided that a person may hold up […]

Aadhaar mandatory for PPF; Existing depositors to updates by 31.12.2017

September 29, 2017 1881 Views 2 comments Print

Aadhaar number shall be the unique identifier for the purpose of establishing the identity of Public Provident Fund account holder. Provided that where Aadhaar number has not been assigned, the depositor shall submit proof of application of enrollment for Aadhaar.

Aadhaar mandatory for Kisan Vikas Patra; Existing depositors to updates by 31.12.2017

September 29, 2017 645 Views 0 comment Print

Aadhaar number shall be the unique identifier for the purpose of establishing the identity of Kisan Vikas Patra account holder. Provided that where Aadhaar number has not been assigned, the depositor shall submit proof of application of enrolment for Aadhaar:

Post GST interim Rate of ROSL on Export of Garments & Made-ups

September 28, 2017 8271 Views 0 comment Print

The exporter may claim RoSL rates for export of garments, garments under AA-AIR and made-ups textiles articles which are being hereby notified as Schedules-I, II and III respectively of this Notification provided he shall have to give an undertaking that he has not claimed or shall not claim credit/rebate/refund/reimbursement of these specific State Levies under any other mechanism.

MGST: Reverse charge on services provided by Individual Advocate

September 27, 2017 1647 Views 0 comment Print

No. MGST- 1017/C.R. 171 /Taxation-1.Services supplied by an individual advocate including a senior advocate by way of representational services before any court, tribunal or authority, directly or indirectly,

CBDT notifies Federation internationale de Football Association U/s 10(39)

September 26, 2017 702 Views 0 comment Print

S.O. 3129(E).-In exercise of the powers conferred by clause (39) of the section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the following as the international sporting event, persons and specified income for the purpose of the said clause namely

Amendment in import policy condition of Urea

September 26, 2017 834 Views 0 comment Print

In addition to the existing STEs, M/s I and M/s NFL are permitted to import urea only for three months with effect from the date of this notification.

Amendments to RBI Master Direction on Financial Services provided by Banks

September 25, 2017 1779 Views 0 comment Print

Considering the suggestions and queries received from SEBI, banks and other stakeholders, Reserve Bank of India has decided to make certain amendments to Master Direction – Reserve Bank of India (Financial Services provided by Banks) Direction No.DBR.FSD.No.101/24.01.041/2015-16 dated May 26, 2016. In pursuance of these changes, Para 5(a)(v) of the Master Direction on Financial Services provided by Banks is amended to read as under

MGST: Restriction of Refund on Corduroy fabrics

September 25, 2017 792 Views 0 comment Print

In exercise of the power conferred by clause (ii) of the proviso to sub-section (3) of section 54 of the Maharashtra Goods and Services Tax Act, 2017 (Mah. XLIII of 2017) (hereinafter referred to as the said Act), the Government of Maharashtra, on the recommendations of the Council

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