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Notifications

Amendment in DTAA with UAE with respect to taxes on income & on Capital

April 12, 2013 3290 Views 0 comment Print

Notification No. 29/2013 – Income Tax Desiring to amend the Agreement between the Government of the Republic of India and the Government of the United Arab Emirates for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital signed at New Delhi on the 29th April, 1992 as amended by the Protocol signed on 26th March, 2007 between the Government of the Republic of India and the Government of United Arab Emirates (in this Protocol referred to as the Agreement),

Protocol amending the India-United Arab Emirates DTAA to be effective from March 12, 2013

April 12, 2013 892 Views 0 comment Print

Notification No. 29/2013 – Income Tax [F.NO. 503/5/2004-FTD-II], DATED 12-4-2013 Whereas the annexed Second Protocol amending the Agreement between the Government of the Republic of India and the Government of the United Arab Emirates for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital (hereinafter referred to as “Protocol”) signed on the 16th day of April, 2012 shall enter into force on the 12th day of March, 2013, being the date of the later of the notifications

ST – Amendment in CESTAT appeal filing forms (S.T.-5, S.T.-6, S.T.-7)

April 10, 2013 6633 Views 0 comment Print

1. 1) These rules may be called the Service Tax (Second Amendment) Rules, 2013. (2) They shall come into force on and from the 1st day of June, 2013. 2. For Form No. S.T.-5, S.T.-6 and S.T.-7 appended to the said rules, the following Forms shall respectively be substituted, namely

Government Declares a Holiday on Sunday – April 14, 2013

April 8, 2013 3434 Views 0 comment Print

It has been decided to declare Sunday, the 14th April 2013, as a Closed Holiday on account of the birthday of Dr. B.R. Ambedkar, for all Central Government Offices including Industrial Establishments throughout India.

SEBI : (Stock Brokers and Sub-Brokers) (Amendment) Regulations, 2013

April 5, 2013 742 Views 0 comment Print

In exercise of the powers conferred by section 30 of the Securities And Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following regulations to further amend the Securities and Exchange Board of India (Stock Brokers and Sub-brokers) Regulations, 1992.

MVAT- Amendment in VAT Rate on Precious Stone/Diamond wef 01.04.2013

April 4, 2013 10145 Views 0 comment Print

3. Precious stones, semi-precious stones and pearls whether real or cultured but excluding those to which entry 3A of this SCHEDULE applies, when sold on or after the 1st April 2013.

Revision in Schedule I combinations that aren’t likely to cause an adverse effect on competition in India

April 4, 2013 534 Views 0 comment Print

These regulations may be called the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Amendment Regulations, 2013.

Insurer acting as Registrar to UIDAI to disclose income and exp. from enrolment of ‘Aadhaar card’ separately in P&L

April 4, 2013 775 Views 0 comment Print

The Unique Identification Authority of India (UIDAI) created to issue a unique identification number (“Aadhaar”) to residents of India authorize/recognize “Registrars’ to enroll individuals for Aadhaar. We note that currently UIDAI has primarily engaged with State Governments, Central Ministries and public sector organizations to act as Registrars. As per the information available with the Authority, in the insurance sector only Life Insurance Corporation of India (LIC) is registered as Registrar with UIDAI.

RTI – Information on Disciplinary/Vigilance Proceedings

April 4, 2013 3596 Views 0 comment Print

CIRCULAR NO. 07/04/2013 Delhi High Court’s decision in LPA No.618/2012 dated 06.11.2012 in the matter of disclosure of information under the provisions of RTI Act, relating to disciplinary matters.

Draft Guidelines to regulate functioning of worn and used clothing units in SEZs

April 3, 2013 769 Views 0 comment Print

I am directed to circulate a Draft guidelines to regulate functioning of worn and used clothing units in SEZs and invite comments/suggestions on the same in order to finalize the Policy to regulate functioning of worn and used clothing units in SEZs.

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