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Notification No. 37/2016-Customs Dated: 16.06.2016

June 16, 2016 2938 Views 0 comment Print

Seeks to further amend notification No. 27/2011-Customs, dated 01.03.2011 so as to impose export duty of 20 on raw sugar, white or refined sugar GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 37/2016-Customs New Delhi, the 16th June, 2016 G.S. R. 607 (E).-In exercise of the powers conferred by sub-section (1) of […]

Content Regulation in Government Advertising – regarding

June 16, 2016 835 Views 0 comment Print

Hon’ble Supreme Court has also directed that in lieu of the photographs of the Prime Minister and the Chief Ministers, the photograph of the Departmental (Cabinet) Minister/Minister In-charge may be published, if so desired.

Employees’ Pension (Fourth Amendment) Scheme, 2016

June 16, 2016 3853 Views 0 comment Print

In exercise of the powers conferred by section 6A read with sub-section (1) of section 7 of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme further to amend the Employees’ Pension Scheme, 1995, namely :-

Notification No. 25/2016–Central Excise Dated 14.06.2016

June 14, 2016 3919 Views 0 comment Print

the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957) 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)

Notification No. 24/2016–Central Excise Dated 14.06.2016

June 14, 2016 3052 Views 0 comment Print

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. 214/86-Central Excises, dated the 25th March, 1986, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 547(E), dated the 27th March, 1986, namely:-

S.56 No Tax on Startup Shares issued about FMV: CBDT

June 14, 2016 6931 Views 0 comment Print

Central Government, hereby notifies the ‘classes of persons’ for the purposes of section 56(2)(viib)(ii) as being the ‘person’ defined under sub-section (31) of section 2 of the said Act, being resident, who make any consideration exceeding the face value for issues of shares of a ‘startup’ company.

RBI Scheme for Sustainable Structuring of Stressed Assets

June 13, 2016 2653 Views 0 comment Print

In order to further strengthen the lenders’ ability to deal with stressed assets and to put real assets back on track by providing an avenue for reworking the financial structure of entities facing genuine difficulties, the Reserve Bank of India has today issued guidelines on a ‘Scheme for Sustainable Structuring of Stressed Assets’.

LLP: Amendment in Forms 2 Form-3, Form-4 & Form-11

June 10, 2016 5653 Views 0 comment Print

Limited Liability Partnership (Second Amendment) Rules 2016- -ln exercise of the powers conferred by sub-sections (l) and (2) of section 79 of the Limited Liability Partnership Act, 2008 (6 of 2009), the Central Government hereby makes the following rules further to amend the Limited Liability Partnership Rules, 2009 namely:-

Simplification of procedure for Form No. 15G & 15H

June 9, 2016 18469 Views 1 comment Print

Explore the clarifications on the simplified procedure for Form 15G & 15H under section 197A of the Income-tax Act. Stay informed with Notification No. 9/2016 issued by the Government of India.

Date of effect to proviso to Section 16(3) of MVAT Act

June 9, 2016 2470 Views 0 comment Print

In exercise of the powers conferred by clause (c) of sub­section (1) of the Maharashtra Tax Laws (Levy, Amendment and Validation) Act. 2016 (Mah. XV of 2016), the Government of Maharashtra hereby appoints the 10th June 2016 to be the date on which the provisions of Sub-section (1) of Section 10 of the said Act, shall come into force.

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