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TRQ for Raw Sugar: Amendment in import policy

April 13, 2017 810 Views 0 comment Print

Central Government hereby makes the following amendments in the import policy conditions of ‘Raw Sugar’ classified under Exim Code 170114 of Chapter 17 of ITC (HS), 2017 – Schedule – 1 (Import Policy), as notified vide Notification No 1 dated 05.04.2017, as under:

Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2017

April 13, 2017 14262 Views 0 comment Print

GSR ._ In exercise of the powers conferred by section 234 read with section 469 of the Companies Act, 2013, the Central Government, in consultation with the Reserve Bank of India, hereby makes the following rules to amend the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016

Sec. 234 notified: Merger or Amalgamation of Company with Foreign Company

April 13, 2017 3744 Views 0 comment Print

Government hereby appoints 13th day of April, 2017 as date on which provisions of section 234 of Companies Act, 2013 related to ‘Merger or Amalgamation of Company with Foreign Company’ shall come into force.

Custom notification on TRQ benefit (duty free) for import of raw sugar

April 13, 2017 867 Views 0 comment Print

1. Time line for availing TRQ benefit (duty free) for import of raw sugar [1701] has been extended from 12.06.2017 to 30.06.2017. 2. Actual user condition has been prescribed for importing raw sugar at Nil rate, availing TRQ benefit for manufacture of white/ refined sugar.

Banks to celebrate June 5-9, 2017 as Financial Literacy Week

April 13, 2017 855 Views 0 comment Print

The literacy week will focus on four broad themes, viz. KYC, Exercising Credit Discipline, Grievance Redressal and Going Digital (UPI and *99#).

Salient features of revised PCA framework for banks

April 13, 2017 1080 Views 0 comment Print

The provisions of the revised PCA framework will be effective from April 1, 2017 based on the financials of the banks for the year ended March 31, 2017. The framework would be reviewed after three years.

IRDA (Insurance Web Aggregators) Regulations, 2017

April 13, 2017 14286 Views 0 comment Print

(a) These Regulations may be called the Insurance Regulatory and Development Authority of India (Insurance Web Aggregators) Regulations, 2017

Service Tax on Import / Export of goods by a vessel

April 13, 2017 8454 Views 0 comment Print

Seeks to amend notification No. 30/2012-ST dated 20.06.2012 so as to specify the importer as defined under clause (26) of section 2 of the Customs Act, 1962 (52 of 1962) of goods as the person liable for paying service tax in case of services provided or agreed to be provided by a person located in […]

Point of Taxation (Amendment) Rules, 2017

April 13, 2017 8088 Views 0 comment Print

Insertion of Rule 8B in Point of Taxation Rules, 2011 for Determination of point of taxation in case of services provided by a person located in non-taxable territory to a person in non-taxable territory.

Service Tax (Third Amendment) Rules, 2017

April 13, 2017 11157 Views 0 comment Print

Seeks to amend Service Tax Rules, 1994 so as to,(i) Specify the importer as defined under clause (26) of section 2 of the Customs Act, 1962 (52 of 1962) of goods as the person liable for paying service tax in case of services provided or agreed to be provided by a person located in non-taxable […]

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