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Notification No. 47/2015-Customs, Dated- 22nd September, 2015

September 22, 2015 421 Views 0 comment Print

Notification No. 47/2015-Customs Dated- 22nd September, 2015 – In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No.12/2012-Customs, dated the 17th March, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 185(E), dated the 17th March, 2012, namely:-

ST – All Principal Commissioners having additional charge of a Chief Commissioner can exercise such power

September 18, 2015 501 Views 0 comment Print

Notification No.18/2015-Service Tax – All Principal Commissioners who have been given additional charge of a Chief Commissioner can exercise the powers of The Chief Commissioner

SEBI (Share Based Employee Benefits) (Amendment) Regulations, 2015

September 18, 2015 653 Views 0 comment Print

In exercise of the powers conferred by sections 11, 11A and 30 of the Securities and Exchange Board of India Act, 1992 read with section 62 of Companies Act, 2013 and rule 12 of Companies (Share Capital and Debentures) Rules, 2014, the Securities and Exchange Board of India hereby makes the following regulations to further amend the Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014, namely:-

SEBI (Procedure for Search and Seizure) Repeal Regulations, 2015

September 17, 2015 537 Views 0 comment Print

1. (1) These regulations may be called the Securities and Exchange Board of India(Procedure for Search and Seizure) Repeal Regulations, 2015. (2) These regulations shall come into force on the date of their publication in the Official Gazette. Repeal of Regulations.

Notification No. 41/2015 – Central Excise Dated 17th September, 2015

September 17, 2015 1820 Views 0 comment Print

Notification No. 41/2015-Central Excise Central Government being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 12/2012-Central Excise, dated the 17th March, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.163(E), dated the 17th March, 2012, namely: –

Notification No. 46/2015-Customs Dated-17th September, 2015

September 17, 2015 3341 Views 0 comment Print

Notification No. 46/2015-Customs Central Government being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 12/2012-Customs, dated the 17th March, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.185(E), dated the 17th March, 2012, namely:-

No Asset seizure in India if value of asset acquired outside India in breach of FEMA is below 1 crore

September 16, 2015 7140 Views 0 comment Print

G.S.R. 701(E).—In exercise of the powers conferred by the proviso to sub-section (1) of Section 37A of the Foreign Exchange Management Act, 1999 (42 of 1999), the Central Government hereby prescribes the mandatory threshold of the aggregate value of Foreign Exchange, Foreign Security or any immovable property, situated outside India as not less than rupees one crore.

Now Private Companies can accept loan from Directors Relatives

September 15, 2015 309230 Views 19 comments Print

(viii) any amount received from a person who, at the time of the receipt of the amount, was a director of the company or a relative of the director of the private company: Provided that the director of the company or relative of the director of the private company, as the case may be, from whom money is received, furnishes to the company at the time of giving the money, a declaration in writing to the effect that the amount is not being given out of funds acquired by him by borrowing or accepting loans or deposits from others and the company shall disclose the details of money so accepted in the Board’s report;

DGFT amends condition for import of Apples

September 14, 2015 5656 Views 0 comment Print

Effect of this Notification: Import of the item ‘Apples’ covered under EXIM Code 0808 10 00 is allowed only through Nhava Sheva port.

SEBI (Issue of Capital and Disclosure Requirements) (Sixth Amendment) Regulations, 2015

September 10, 2015 929 Views 0 comment Print

In case of allocation above Rs.250 crore; a minimum of 5 such investors and a maximum of 15 such investors for allocation upto Rs.250 crore and an additional 10 such investors for every additional Rs.250 crore or part thereof, shall be permitted, subject to a minimum allotment of Rs.5 crore per such investor

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