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Notifications

Limit of Gift for Govt. Employees increased to Rs. 25000/-

April 10, 2015 18509 Views 0 comment Print

a member of the service may accept gifts from his near relatives or from his personal friends having no official dealings with them, on occasions such as wedding, anniversaries, funerals and religious functions when the making of gifts is in

SEBI : (Public Offer and Listing of Securitised Debt Instruments) (Amendment) Regulations, 2015

April 9, 2015 511 Views 0 comment Print

For the purposes of this regulation, “networth” means the aggregate value of paid up share capital plus free reserves (excluding reserves created out of revaluation) reduced by the aggregate value of accumulated losses and deferred expenditure not written off.

CBEC exempts Goods for ‘Airborne Early Warning and Control System’ from customs duty

April 9, 2015 622 Views 0 comment Print

Notification No. 26/2015-Customs Dated- 9th April, 2015 The following goods, required for the Airborne Early Warning and Control (AEW&C) System Programme of Ministry of Defence,- i) aircrafts, aircraft parts, aircraft engines, aircraft engine parts, including ground handling equipment of aircrafts for defence use;

Non-Banking Financial Company-Micro Finance Institutions (NBFC-MFIs) – Directions – Modifications

April 8, 2015 1634 Views 0 comment Print

In terms of para 3(ii)(a) of the aforesaid Notification, loan disbursed by an NBFC-MFI to a borrower with a rural household annual income not exceeding Rs. 60,000 or urban and semi-urban household income not exceeding Rs. 1,20,000 would be eligible to be defined as qualifying asset. In order to widen the scope, it has been decided that loan disbursed by an NBFC-MFI to a borrower with a rural household annual income not exceeding Rs. 1,00,000 or urban and semi-urban household income not exceeding Rs. 1,60,000 would be eligible to be defined as a qualifying asset.

Custom- Service Export from India Scheme (SEIS) under FTP 2015-2020

April 8, 2015 4670 Views 0 comment Print

Notification No. 25/2015 – Customs Dated- 8th April, 2015 Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts goods when imported into India against a Service Exports from India Scheme duty credit scrip issued by the Regional Authority under paragraph 3.10 read with paragraph 3.08 of the Foreign Trade Policy

Customs-Merchandise Export from India Scheme (MEIS) under FTP 2015-2020

April 8, 2015 6990 Views 0 comment Print

Notification No. 24/2015 – Customs Dated- 8th April, 2015 Central Government hereby exempts goods when imported into India against a duty credit scrip issued by the Regional Authority under the Merchandise Exports from India Scheme in accordance with paragraph 3.04 read with paragraph 3.05 of the Foreign Trade Policy

Excise Duty- Service Export from India Scheme (SEIS) under FTP 2015-2020

April 8, 2015 1284 Views 0 comment Print

Notification No. 21/2015-Central Excise Dated- 8th April, 2015 Central Government exempts goods specified in First Schedule and Second Schedule to Central Excise Tariff Act, 1985, when cleared against a Service Exports from India Scheme duty credit scrip

Excise- Merchandise Export from India Scheme (MEIS) under FTP 2015-2020

April 8, 2015 2405 Views 0 comment Print

Notification No. 20/2015-Central Excise Dated- 8th April, 2015 Govt. exempts goods specified in First Schedule and Second Schedule to Central Excise Tariff Act, 1985 , when cleared against a duty credit scrip issued by the Regional Authority under Merchandise Exports from India Scheme

ST-Service Export from India Scheme (SEIS) under FTP 2015-2020

April 8, 2015 3144 Views 0 comment Print

Notification No. 11/2015 – Service Tax Dated- 8th April, 2015 Central Government exempts taxable services provided or agreed to be provided against a scrip by a person located in the taxable territory from whole of the service tax leviable thereon under section 66B of the said Act.

ST- Merchandise Export from India Scheme (MEIS) under FTP 2015-2020

April 8, 2015 4063 Views 1 comment Print

Notification No. 10/2015 – Service Tax Dated- 8th April, 2015 Central Government exempts taxable services provided or agreed to be provided against a Merchandise Exports from India Scheme duty credit scrip (MEIS) by a person located in the taxable territory from the whole of the service tax leviable thereon

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