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Notification No. 36/2015 – Income Tax Dated 10.4.2015

April 10, 2015 553 Views 0 comment Print

Notification No. 36/2015 – Income Tax In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, the ‘Punjab State Electricity Regulatory Commission’, constituted by the

Notification No. 35/2015 – Income Tax Dated 10.4.2015

April 10, 2015 481 Views 0 comment Print

Notification No. 35/2015 – Income Tax In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, the ‘Haryana Electricity Regulatory Commission’, a Commission constituted under the Haryana Electricity Reform Act, 1997 (Haryana Act No.10 of 1998), in respect of the following specified income arising to that body, namely

Notification No. 34/2015 – Income Tax Dated 10.4.2015

April 10, 2015 544 Views 0 comment Print

Notification No. 34/2015 – Income Tax In exercise of the powers conferred by clause (46) of section 10 of the Income- tax Act, 1961 (43 of 1961) the Central Government hereby notifies for the purposes of the said clause, ‘Rajasthan State Pollution Control Board’, a Board constituted under the provisions

NBFCs- Lending against Shares – Clarification

April 10, 2015 2374 Views 0 comment Print

LTV ratio of 50% is required to be maintained at all times. Any shortfall in the maintenance of the 50% LTV occurring on account of movement in the share prices shall be made good within 7 working days.

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

April 10, 2015 20153 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 706 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 772 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 2003 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 4973 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 7467 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

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