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Further amendments in notification of Ministry of Corporate Affairs

May 11, 2016 592 Views 0 comment Print

In exercise of the powers conferred by sub-section(1) of Section 10B of the Cost and Works Accountants Act, 1959(23 and 1959)

President assents to repeal 293 laws & amends 2

May 9, 2016 1780 Views 0 comment Print

Repealing and Amending Act, 2016 repeal 295 Acts and make minor amendments to (i) the Sexual Harassment of Women at the Work Place (Prevention, Prohibition and Redressal) Act, 2013, and (ii) the Governors (Emoluments, Allowances and Privileges) Amendment Act, 2014.

President assents to repeal over 700 archaic laws

May 9, 2016 1576 Views 0 comment Print

Hon’ble presidents has given his assent to the Appropriation Acts (Repeal) Act, 2016 as passed by Rajya Sabha on 27.04.2016. The Act repeal 758 Appropriation Acts, including Appropriation Acts for the railways, passed during the period of 1950-2012. These laws have ceased to be in force after one year of their enactment, and are hence obsolete. Out of the 758 acts, 111 state appropriation acts enacted by Parliament during 1950 to 1976 are repealed.

ICAI held 2 CAs guilty of Other professional Misconduct

May 9, 2016 19951 Views 0 comment Print

Shri Pawan Kumar Gulati (Membership No. 095137), Chartered Accountant, 569, J.P. Nagar, Jalandhar – 144 002 has been held guilty of Professional Misconduct falling within the meaning of Clause (1) of Part II of the Second Schedule to the aforesaid Act by the Disciplinary Committee which ordered for removal of the name of aforesaid Shri Pawan Kumar Gulati (Membership No. 095137) from the Register of Members for a period of one (1) month.

Delhi VAT: Change in rate of VAT in schedules wef 10.05.2016

May 9, 2016 5353 Views 0 comment Print

(a) for the existing row pertaining to serial no. 9, the following row shall be substituted, namely : – Un-manufactured tobacco, tobacco and tobacco products in all forms such as cigarettes (irrespective of form and length), chewing tobacco, gutkha, cigars, hooka tobacco, khaini, zarda, surti, bidis etc.- Twenty paise in the rupee

MVAT: Constitution & Members of Advance Ruling Authority

May 9, 2016 1297 Views 0 comment Print

The Authority shall come into existence with immediate effect and shall function as per the provisions of section 55 of the Maharashtra Value Added Tax Act, 2002 and rule 63 of Maharashtra Value Added Tax Rules, 2005.

Reg. Import of Radio remote control apparatus

May 9, 2016 1438 Views 0 comment Print

Import of Radio remote control apparatus is `Free’ subject to licence issued by the WPC wing of Department of Telecommunications, Ministry of Communications and Information Technology.

MCA releases revised Form No. GNL-1 & GNL-4

May 6, 2016 12301 Views 0 comment Print

(1) These rules may be called the Companies (Registration Offices and Fees) Amendment Rules, 2016. 2. In the Companies (Registration Offices and Fees) Rules, 2014, (i) For Form No. GNL-1 and Form No. GNL-4, following forms shall respectively be substituted, namely:-

Delhi VAT: No need to furnish Purchase below Rs. 1000/- details in Form GE-II

May 6, 2016 1207 Views 0 comment Print

Hereby direct that the details of purchases where the total amount of an invoice does not exceed ₹ 1000/-(one thousand rupees) shall not be mandatorily required to be furnished in Form GE-II and further that the returns in Form GE-II for all the four quarters of the financial year 2015-2016, which have not been filed till date, are now required to be filed upto 16th May, 2016.

Delhi VAT: Change in Rate of VAT in Diesel

May 6, 2016 2203 Views 0 comment Print

he Lt. Governor of the National Capital Territory of Delhi, hereby, makes the following amendments in the Fourth Schedule appended to the said Act, namely: -Diesel (High Speed Diesel; Super Light Diesel Oil, Light Diesel Oil). 16.75 paise in the rupee

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