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DGFT amends limit for exports on free of cost exports basis for export promotion for Status Holders

August 27, 2018 14544 Views 0 comment Print

The limit of Rs One Crore per year for exports on free of cost exports basis for export promotion for Status Holders is removed and is made 2% of average annual export realization during preceding three licensing years with immediate effect vide Notification No: 28/2015-2020 Dated: 27 August, 2018

CBDT notifies CBCI Society for Medical Education, Bengaluru u/s 35(1)(ii)

August 27, 2018 1326 Views 0 comment Print

Notification No. 40/2018 – CBDT notifies  M/s C.B.C.I. Society for Medical Education, Bengaluru or under section 35(1)(ii)/(iii) of the Income-tax Act, 1961 (said Act), read with Rules 5C and 5E of the Income-tax Rules, 1962, from Assessment year 2018-2019 onwards in the category of ‘University, College or other Institution’, engaged in research activities. Government of […]

Declaration of Fugitive Economic Offenders (Forms and Manner of Filing Application) Rules, 2018

August 24, 2018 906 Views 0 comment Print

G.S.R. 805(E).—In exercise of the powers conferred by clause (a) of sub-section (2) of section 23 of the Fugitive Economic Offenders Act, 2018 (17 of 2018) and in supersession of the Fugitive Economic Offenders (Application for Declaration of Fugitive Economic Offender) Rules, 2018, except as respects things done or omitted to be done before such supersession, the Central Government hereby makes the following rules, namely

Fugitive Economic Offenders (Manner of Attachment of Property) Rules, 2018

August 24, 2018 1056 Views 0 comment Print

G.S.R. 804(E).—In exercise of the powers conferred by clause (b) of sub-section (2) of section 23 of the Fugitive Economic Offenders Act, 2018 (17 of 2018) and in supersession of the Fugitive Economic Offenders (Issuance of Attachment Order) Rules, 2018 and the Fugitive Economic Offenders (Issuance of Provisional Attachment Order) Rules, 2018

Chartered Accountants (Election to the Council) Amendment Rules, 2018

August 23, 2018 1062 Views 0 comment Print

G.S.R. 796(E). Central Government hereby makes following rules further to amend Chartered Accountants (Election to the Council) Rules, 2006 namely Chartered Accountants (Election to the Council) Amendment Rules, 2018.

Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2018

August 21, 2018 4227 Views 0 comment Print

MCA has notified new format of Form No. DIR-3 KYC and extended due date of filing DIR-3 KYC from 31st August, 2018 to 15th September, 2018 vide Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2018.

Duty Exemption on goods imported for Kerala Flood Relief

August 21, 2018 1104 Views 0 comment Print

Notification No. 59/2018 -Customs dated 21.08.2018 seeks to exempt BCD & IGST on goods imported for donation for relief & rehabilitation of the people of Kerala affected by the floods upto 31.12.2018. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 59/2018–Customs New Delhi dated the 21st August, 2018 G.S.R. 789(E).- In exercise […]

Import Policy of bio-fuels revised from ‘Free’ to ‘Restricted’

August 21, 2018 1644 Views 0 comment Print

Import Policy of bio-fuels revised from ‘Free’ to ‘Restricted’ and allowed for non-fuel purpose on Actual user basis as per the National bio-fuel Policy, 4 June 2018.

Export of Beach Sand Minerals brought under STE

August 21, 2018 4245 Views 0 comment Print

Export of Beach Sand Minerals have been brought under STE and shall be canalized through Indian Rare Earths Limited (IREL). Beach sand minerals, permitted any where in the export policy, will now be regulated in terms of policy under at SI. No. 98A of Chapter 26 of Schedule 2 Export Policy.

Rate of tax on sales of alcoholic liquor for CSD in Nagaland

August 21, 2018 3357 Views 0 comment Print

Governor of Nagaland is pleased to order that the rate of tax on sales of alcoholic liquor for human consumption to or by the Canteen Store Department (CSD), Government of India, in the State of Nagaland for the purpose of resale to Unit Run Canteen (URC) or defence personnel strictly for their personal consumption shall stand increased from 5% to 15%.

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