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GOI (Allocation of Business) 313th Amendment Rules, 2017

January 16, 2017 1057 Views 0 comment Print

President hereby makes the following rules further to amend the Government of India (Allocation of Business) Rules, 1961, namely:- 1. (1) These rules may be called the Government of India (Allocation of Business) Three Hundred and Thirtieth Amendment Rules, 2017.

New Cash Withdrawal limits- Rs. 10K for ATMs & 100K for Current A/c

January 16, 2017 21376 Views 0 comment Print

Limit on withdrawals from ATMs enhanced to Rs.10,000/- per day per card and on withdrawal from current accounts has been enhanced to Rs.1 ,00,000/- per week.

DGFT amends Export Policy of Animal By-Products

January 13, 2017 3340 Views 0 comment Print

Central Government hereby makes the following amendment, with immediate effect, in Schedule 2 of ITC (HS) Classification of Export & Import Items relating to export of Animal By-Products.

SEBI (Foreign Portfolio Investors) (Amendment) Regulations, 2017

January 12, 2017 1399 Views 0 comment Print

No. SEBI/LAD/NRO/GN/2016-17/018.─In exercise of the powers conferred under section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Securities and Exchange Board of India hereby, makes the following regulations to further amend the Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014

Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2017

January 12, 2017 1228 Views 0 comment Print

These regulations may be called the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2017.

CBEC rationalizes abatement for tour operator services

January 12, 2017 13393 Views 3 comments Print

Seeks to amend notification No. 26/2012-ST dated 20.06.2012 so as to rationalize the Service Tax abatement on Services for tour operator services.

Person liable to pay service tax on transportation of goods by a vessel

January 12, 2017 7633 Views 0 comment Print

CBEC notifies person liable for paying service tax in case of services provided or agreed to be provided by a person located in non-taxable territory to a person located in non-taxable territory by way of transportation of goods by a vessel from a place outside India up to the customs station of clearance in India.

Amendment in definition of aggregator & Peron liable to tax on goods transport by a Vesssel

January 12, 2017 3880 Views 0 comment Print

CBEC excludes such persons from the definition of aggregator who enable a potential customer to connect with persons providing services by way of renting of hotels, inns, guest houses, clubs, campsites or other commercial places meant for residential or lodging purposes subject to fulfillment of certain conditions;

Reg. ST exemption on transportation of goods by a vessel & business facilitator service to bank

January 12, 2017 6373 Views 0 comment Print

CBEC withdraw exemption from service tax for services provided or agreed to be provided by a person located in non-taxable territory to a person located in non-taxable territory by way of transportation of goods by a vessel from a place outside India up to the customs station of clearance in India; (ii) exempt services provided by a business facilitator or a business correspondent to a banking company with respect to accounts in its rural area branch.

Reg. effective rate of excise duty of 12.5% on Motor Vehicles

January 11, 2017 3334 Views 0 comment Print

Seeks to further amend Notification No. 12/2012-Central Excise dated 17.03.2012 to prescribe an effective rate of excise duty of 12.5% on Motor Vehicles falling under heading 8702 90 21, 8702 90 22, 8702 90 28 and 8702 90 29 of the First Schedule of the Central Exicse Tariff Act, 1985.

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