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Notifications

President constitutes Goods and Services Tax Council

September 15, 2016 5821 Views 0 comment Print

In exercise of the powers conferred by article 279A of the Constitution, the President hereby constitutes the Goods and Services Tax Council consisting of the following members, namely:-

No more extension to banks for Issue of EMV Chip and PIN Cards

September 15, 2016 2296 Views 0 comment Print

Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions- Despite the extension of time given to banks in this regard, some banks have approached us seeking further extension of the time line for complying with the above instructions.

Corrigendum to Notification No. S.O.2380(E) dated the 12th July 2016

September 14, 2016 1447 Views 0 comment Print

S.O. 2943(E).-In the notification of the Government of India, Ministry of Finance (Department of Revenue) number S.O.2380(E) dated the 12th July 2016, PUBLISHED IN THE Gazette of India, Extraordinary, Part – II, Section 3, sub-section (ii) dated 12th July 2016.

Alternative Tax Compliance Scheme 2016 for Contractors in Haryana

September 12, 2016 4108 Views 0 comment Print

Governor of Haryana hereby provides for an Amnesty Scheme namely, the Haryana Alternative Tax Compliance Scheme for Contractors, 2016, for the recovery of tax, interest, penalty or other dues payable under the said Act, for the period upto the 31st March, 2014, from such contractors and for such business as provided in the Scheme,

Amendment to Schedule V of Companies Act, 2013

September 12, 2016 25432 Views 2 comments Print

Remuneration payable by companies having no profit or inadequate profit without Central Government approval-Where in any financial year during the currency of tenure of a managerial person, a company has no profits or its profits are inadequate, it may, without Central Government approval, pay remuneration to the managerial person not exceeding, the limits under (A) and (B) given below:-

Goods and Services Tax Council provisions notified wef 12.09.2016

September 10, 2016 13216 Views 0 comment Print

In exercise of the powers conferred by sub-section (2) of section 1 of the Constitution (One Hundred and First Amendment) Act, 2016, the Central Government hereby appoints the 12th day of September, 2016 as the date on which the provisions of section 12 of the said Act shall come into force.

No TDS on Payment to Tirupati Balaji Mandir U/s. 193 & 194A

September 9, 2016 5059 Views 0 comment Print

Central Government hereby notifies that no deduction of tax shall be made from payments of the nature specified in section 193 or section 194A or section 194-I of the said Act to the Tirumala Tirupati Devasthanams, Tirupati, Andhra Pradesh.

Companies (Mediation and Conciliation) Rules, 2016

September 9, 2016 7417 Views 0 comment Print

(1) These rule may be called the Companies (Mediation and Conciliation) Rules. 2016, (2) They shall come into force on the dale of their publication in the Official gazette.

MCA notifies 8 Section of Companies Act, 2013 wef 09.09.2016

September 9, 2016 8722 Views 0 comment Print

Vide Notification Dated 09.09.2016 MCA notifies provisions related to Legal advisers and bankers not to disclose certain information, Powers of Tribunal, Application of certain provisions to proceedings under section 241 or section 245, Penalty for frauds by officers, Liability where proper accounts not kept

Govt. notifies India-Seychelles DTAA

September 8, 2016 2947 Views 0 comment Print

S.O. 2894(E).—Whereas, an Agreement between the Government of the Republic of India and the Government of the Republic of Seychelles for the Exchange of Information with respect to Taxes (hereinafter referred to as the said Agreement) as set out in the Annexure to this notification, was signed at New Delhi on the 26th day of August, 2015;

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