Hello Everyone, GST- The Game changer for E-Commerce sector has paved its way for implementation from 1st July 2017. Migrating to Goods and Services Tax (GST) is a time to revisit the taxation policies and remove the anomalies. Goods and Services Tax (GST) is expected to provide the much-needed stimulant for economic growth in India …
INSOLVENCY AND BANKRUPTCY CODE, 2016The Insolvency and Bankruptcy Code, 2016 (“Code”) offers a uniform comprehensive insolvency legislation to Corporations, Firms and Individuals (other than financial firms).One of the fundamental features of the Code is that it allows creditors to assess the viability of a debtor as a business decision, and agree upon a plan for …
S.No. Compliance Forms to be Filed Relevant Law Due Date 1 Excise duty payment GAR 7 Central Excise Rules, 2002 5th May 2017 2 Payment of service tax to the department GAR 7 Service Tax Rules, 1994 5th May 2017 3 Tax Deducted at Source Payment Challan No./ITNS 281 Income Tax Act, 1961 7th May …
National Company Law Tribunal (NCTL), Hyderabad Bench, ADMITTED THE PRESENT PETITION with certain declaration/directions pursuant to Section 140 of the Companies Act, 2013 (“the Act”) read with Rule 78 of the National Company Law Tribunal Rules, 2016. (Re: [2017] 138 CLA 188 (NCLT) in CP No. 21/140/HDB/2016 19 of 2013). Parties to the Case:SPC & …
Non – Ratification/ Removal Of The Auditor Without Prior Notice Read More »
The Ministry of Statistics and Programme Implementation (“MOSPI”) came into existence as an Independent Ministry on 15.10.1999 after the merger of the Department of Statistics and the Department of Programme Implementation. The Ministry has two wings, one relating to Statistics and the other Programme Implementation. The Statistics Wing called the National Statistical Office (NSO) consists …
The Collection of Statistics Act 2008- A Bird’s-Eye View Read More »
1. SCHEMES OF ARRANGEMENT BY LISTED ENTITIES AND RELAXATION UNDER SUB-RULE (7) OF RULE 19 OF THE SECURITIES CONTRACTS (REGULATION) RULES, 1957 Vide its circular no. CFD/DIL3/CIR/2017/21 dated March 10, 2017, SEBI has revised the regulatory framework to be complied with by listed entities while undertaking schemes of arrangement /amalgamation/merger /reconstruction /reduction of capital etc. …
1. Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Second Amendment) Regulations, 2017 The Reserve Bank of India vide its notification FEMA.385/2017-RB dated March 03, 2017 has made the following amendments in the Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) Regulations, 2000 …
1. COMPANIES (INDIAN ACCOUNTING STANDARDS) (AMENDMENT) RULES, 2017 The Central Government in exercise of the powers conferred by section 133 read with section 469 of the Companies Act, 2013 (18 of 2013) and sub-section (1) of section 210A of the Companies Act, 1956 (1 of 1956), and in consultation with the National Advisory Committee on …
S.No. Compliance Forms to be Filed Relevant Law Due Date 1 Excise Duty payment GAR 7 Central Excise Rules, 2002 5th May 2017 2 Payment of service tax to the department GAR 7 Service Tax Rules, 1994 5th May 2017 3 Tax Deducted at Source Payment Challan No./ITNS 281 Income Tax Act, 1961 7th May …
Labour & Other Compliance’s For The Month Of May 2017 Read More »
I. Parties and Subject matter of the case: MRS. MRS. SEEMA GUPTA – APPLICANT M/s. SUPREME INFRASTRUCTURE INDIA LTD & ORS. – CORPORATE DEBTOR In the matter under Section 9 of Insolvency and Bankruptcy Code, 2016 and Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority), Rules 2016 II. Facts of …
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