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Notifications

Amendment to Schedule V of Companies Act, 2013

September 12, 2016 25609 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 13240 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 5272 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 7543 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 8743 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 3031 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;

Notification No. 48/2016-Customs, Dated: September 08, 2016

September 8, 2016 4912 Views 0 comment Print

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS NEW DELHI Notification No. 48/2016-Customs Dated: September 08, 2016 G.S.R. 873(E) In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government being satisfied that it is necessary […]

Notification No. 34/2016-Central Excise Dated: 08.09.2016

September 8, 2016 3346 Views 0 comment Print

(I) Articles of goldsmiths’ or silversmiths’ wares of precious metal or of metal clad with precious metal, not bearing a brand name; (II) Strips, wires, sheets, plates and foils of gold, used in the manufacture of articles of jewellery and parts thereof;

Taxation Laws (Amendment) Act, 2016

September 8, 2016 10084 Views 0 comment Print

For the purposes of this clause, the reconstruction or splitting up of a company, which ceased to be a public sector company as a result of transfer of its shares by the Central Government, into separate companies, shall be deemed to be a demerger, if such reconstruction or splitting up has been made to give effect to any condition attached to the said transfer of shares and also fulfils such other conditions as may be notified by the Central Government in the Official Gazette

Amendment in import policy of Urea

September 8, 2016 919 Views 0 comment Print

Central Government hereby amends the Import Policy of Urea under ITC (HS) code 3102 1000 of Chapter 31 of ITC (HS), 2012 – Schedule 1 (Import Policy). State Trading Enterprise. However, import of Industrial Urea / Technical Grade Urea (TGU) shall be free.

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