Resident private limited company specified as class of person for the purpose of Advance Ruling
Posted Date : 11-Jul-2014 , 09:14:27 am | Posted By: CASANSAAR
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY,
PART II, SECTION 3, SUB-SECTION (i)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
Notification No.15 /2014-Service Tax
New Delhi, the 11th July, 2014
G.S.R…….(E).- In exercise of the powers conferred bysub-clause (iii) of clause (b) of section 96Aof theFinance Act, 1994 (32 of 1994), the Central Government hereby specifies “the resident private limited company” as class of persons for th...
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Service Tax |
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Place of Provision of Services (Amendment) Rules, 2014
Posted Date : 11-Jul-2014 , 09:13:37 am | Posted By: CASANSAAR
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY,
PART II, SECTION 3, SUB-SECTION (i)]
Government of India
Ministry of Finance
(Department of Revenue)
Notification No. 14/2014 - Service Tax
New Delhi, the 11th July, 2014
G.S.R…..(E).- In exercise of the powers conferred bysub-section (1) of section 66Candclause (hhh) of sub-section (2) of section 94of theFinance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules to amend thePlace of Provision of ...
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Service Tax |
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Point of Taxation (Amendment) Rules, 2014
Posted Date : 11-Jul-2014 , 09:12:47 am | Posted By: CASANSAAR
TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY,
PART II, SECTION 3, SUB-SECTION (i)]
Government of India
Ministry of Finance
(Department of Revenue)
Notification No. 13/2014 – Service Tax
New Delhi, the 11th July, 2014
G.S.R. ….(E).-In exercise of the powers conferred byclause (a) and clause (hhh) of sub-section (2) of section 94of theFinance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend thePoint of Taxation Rules, ...
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Service Tax |
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Prescribes rate of Interest for late payment of service tax - Section 75
Posted Date : 11-Jul-2014 , 09:11:39 am | Posted By: CASANSAAR
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY,
PART II, SECTION 3, SUB-SECTION (i)]
Government of India
Ministry of Finance
(Department of Revenue)
Notification No. 12/2014 - Service Tax
New Delhi, the 11th July, 2014
G.S.R.___(E).- In exercise of the powers conferred bysection 75of theFinance Act, 1994 (32 of 1994)and in supersession of thenotification No.26/2004-Service Tax, dated 10th September, 2004, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-s...
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Service Tax |
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Service Tax (Determination of Value) Amendment Rules, 2014
Posted Date : 11-Jul-2014 , 09:10:51 am | Posted By: CASANSAAR
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY,
PART II, SECTION 3, SUB-SECTION (i)]
Government of India
Ministry of Finance
(Department of Revenue)
Notification No. 11/2014 - Service Tax
New Delhi, the 11th July, 2014
G.S.R..........(E).- In exercise of the powers conferred byclause (aa) of sub-section (2) of section 94of theFinance Act,1994 (32 of 1994), the Central Government hereby makes the following rules further to amend theService Tax (Determination of Value) Rules, 2006,...
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Service Tax |
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Amendment in Notification No. 30/2012 - Notification under sub-section (2) of section 68 - Reverse Charge
Posted Date : 11-Jul-2014 , 09:09:36 am | Posted By: CASANSAAR
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY,
PART II, SECTION 3, SUB-SECTION (i)]
Government of India
Ministry of Finance
(Department of Revenue)
Notification No.10/2014-Service Tax
New Delhi, the 11th July, 2014
G.S.R...... (E).- In exercise of the powers conferred bysub-section (2) of section 68of theFinance Act, 1994 (32 of 1994), the Central Government, hereby makes the following further amendments in the notification of the Government of India in theMinistry of Finance (D...
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Service Tax |
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Service Tax (Amendment) Rules, 2014
Posted Date : 11-Jul-2014 , 09:08:43 am | Posted By: CASANSAAR
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY,
PART II, SECTION 3, SUB-SECTION (i)]
Government of India
Ministry of Finance
(Department of Revenue)
Notification No. 9/2014- Service Tax
New Delhi, the 11th July, 2014
G.S.R.....(E). – In exercise of the powers conferred bysub-section (1) read with sub-section (2) of section 94of theFinance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend theService Tax Rules, 1994, namely:&mdas...
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Service Tax |
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Seeks to amend notification No. 26/2012- Service Tax, dated 20th June, 2012, so as to make necessary amendments in the specified entries prescribing taxable portion and the conditions for availing the exemption therein.
Posted Date : 11-Jul-2014 , 09:07:30 am | Posted By: CASANSAAR
TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY,
PART II, SECTION 3, SUB-SECTION (i)]
Government of India
Ministry of Finance
(Department of Revenue)
Notification No. 08/2014 - Service Tax
New Delhi, the 11th July, 2014
G.S.R....(E)- In exercise of the powers conferred bysub-section (1) of section 93of theFinance Act, 1994 (32 of 1994), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the ...
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Service Tax |
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Seeks to amend notification No.12/2013-ST dated 1st July, 2013, relating to exemption from service tax to SEZ Units or the Developer.
Posted Date : 11-Jul-2014 , 09:06:27 am | Posted By: CASANSAAR
TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY,
PART II, SECTION 3, SUB-SECTION (i)]
Government of India
Ministry of Finance
(Department of Revenue)
Notification No.7/ 2014-Service Tax
New Delhi, the 11th July, 2014
G.S.R…….(E).–In exercise of the powers conferred bysub-section (1) of section 93of theFinance Act, 1994 (32 of 1994), read withsub-section (3) of section 95ofFinance (No.2), Act, 2004 (23 of 2004)andsub-section (3) of section 140of theFinance Act, 2...
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Service Tax |
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Seeks to amend notification No. 25/2012- Service Tax, dated the 20th June, 2012, so as to amend certain existing entries granting exemption on specified services and inserting new entries for granting exemption from service tax on specified services
Posted Date : 11-Jul-2014 , 09:05:14 am | Posted By: CASANSAAR
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY,
PART II, SECTION 3, SUB-SECTION (i)]
Government of India
Ministry of Finance
(Department of Revenue)
Notification No.06/2014 - Service Tax
New Delhi, the 11th July, 2014
G.S.R....(E.– In exercise of the powers conferred bysub-section (1) of section 93of theFinance Act, 1994 (32 of 1994), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments i...
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Service Tax |
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MCA Clarification on form MGT-14 through STP mode.
Posted Date : 11-Jul-2014 , 08:53:13 am | Posted By: CASANSAAR
MCA Clarification on form MGT-14 through STP mode.
MGT - 14. All cases except for change of Name, change of object,resolution for further issue of capital and conversion of companies will be STP Mode.General Circular No. 28/2014, dated 09/07/2014...
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Corporate Laws |
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Foreign Exchange Management Act, 1999 – Import of Rough, Cut and Polished Diamonds
Posted Date : 07-Jul-2014 , 08:51:56 pm | Posted By: CASANSAAR
RBI/2014-15/119A.P. (DIR Series) Circular No.2
July 7, 2014
To
All Category – I Authorised Dealer Banks
Madam/ Sir,
Foreign Exchange Management Act, 1999 –Import of Rough, Cut and Polished Diamonds
Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to theA.P.(DIR Series) Circular No.59 dated May 6, 2011, in terms of which AD Category – I banks were permitted to approve Suppliers’ and Buyers’ Credit (Trade Credit)...
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FEMA |
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Financial Literacy activities conducted by Financial Literacy Centres and rural branches of banks – monitoring system
Posted Date : 07-Jul-2014 , 08:51:11 pm | Posted By: CASANSAAR
RBI/2014-15/118RPCD.FLC.No. 218-348/12.01.018/2014-15
July 7, 2014
To Chairman/CMD of Scheduled Commercial Banks(including RRBs)
Dear Sir
Financial Literacy activities conducted by Financial Literacy Centres and rural branches of banks – monitoring system
Please refer to ourcirculars RPCD.FLC.No.12452/12.01.018/2011-12 dated June 6, 2012andRPCD.FLC.No.7641/12.01.018/ 2012-13 dated January 31, 2013issuing operational guidelines for conduct of financial literacy camps by FLCs and rural ...
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RBI |
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SEBI postpones applicability of new norms on issuance and processing of Delivery Instruction Slips
Posted Date : 05-Jul-2014 , 03:49:06 pm | Posted By: CASANSAAR
DELIVERY INSTRUCTION SLIP (DIS) ISSUANCE AND PROCESSING
CIRCULAR NO. MRD/DP/22/2014DATED 4-7-2014
1.SEBI hasvideCircular No. CIR/MRD/DP/01/2014, dated January 07, 2014introduced guidelines to strengthen the supervisory and monitoring role of the depositories and their participants with respect to issuance and processing of Delivery Instruction Slips.
2.In light of the difficulties expressed by the depositories and the depository participants (DPs) and considering their request, it has been de...
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SEBI |
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CBDT notifies revised proforma for submission of proposal to file SLP
Posted Date : 05-Jul-2014 , 08:30:48 am | Posted By: CASANSAAR
NSTRUCTION ON STANDARD OPERATING PROCEDURE ON FILING OF APPEALS/SPECIAL LEAVE PETITIONS (SLPS) BY THE INCOME TAX DEPARTMENT IN THE SUPREME COURT AND RELATED MATTERS REVISED PROFORMA B TO INSTRUCTION NO. 4/2011, DATED 9-3-2011
LETTER [F NO 279/MISC/M-20/2011-1TJ],DATED 1-7-2014
I am directed to enclose a revised Proforma B to theInstruction No 4/2011, dated 09.03.2011for immediate compliance. The same may be brought to the notice of all concerned.
Annexure - B
Revised Proforma for submission ...
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Income Tax |
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CBDT allows usage of one mobile number and email-id for 10 user accounts in e-filing portal
Posted Date : 04-Jul-2014 , 08:46:13 pm | Posted By: CASANSAAR
UPDATE AND VALIDATE TAXPAYER EMAIL ID AND MOBILE NUMBER FOR THEIR E-FILING ACCOUNT
PRESS RELEASE,DATED 4-7-2014
A valid Email ID and Mobile Number has to be registered/updated on the e-filing website of the Income Tax Department so that direct communication with taxpayer can be possible. For details, taxpayers can logon to: https://incometaxindiaefiling.gov.in/eFiling/Portal/StaticPDF/Update_Contact_Details.pdf)
The Department will send separate One Time Passwords (OTP) also referred as P...
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Income Tax |
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Financial Commitment (FC) by Indian Party under Overseas Direct Investments (ODI) – Restoration of Limit
Posted Date : 04-Jul-2014 , 07:59:20 am | Posted By: CASANSAAR
RBI/2014-15/117A.P. (DIR Series) Circular No.1
July 3, 2014
To
All Category – I Authorised Dealer Banks
Madam/ Sir,
Financial Commitment (FC) by Indian Party under Overseas DirectInvestments (ODI) – Restoration of Limit
Attention of the Authorised Dealer (AD - Category I) banks is invited to the provisions of the Notification No. FEMA.120/RB-2004 dated July 7, 2004 [Foreign Exchange Management (Transfer or Issue of any Foreign Security) (Amendment) Regulations, 2004] (the Notif...
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FEMA |
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Unique Customer Identification Code (UCIC) for banks' customers in India
Posted Date : 04-Jul-2014 , 07:58:32 am | Posted By: CASANSAAR
RBI/2014-15/115RPCD.RRB.RCB.AML.BC.No.12/07.51.018/2014-15
July 03, 2014
The Chairmen / Chief Executive OfficersAll Regional Rural Banks (RRBs) andState/Central Cooperative Banks (StCBs/CCBs)
Madam/Dear Sir,
Know Your Customer (KYC)/Anti-Money Laundering (AML)/Combating of Financing of Terrorism (CFT) Guidelines - Unique Customer Identification Code (UCIC) for banks’ customers in India
Please refer to ourcircular RPCD.CO.RRB.RCB.AML.BC.No.82/03.05.33(E)/2011-12 dated June 11, 2012, on...
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RBI |
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Master Circular – Collection of Direct Taxes - OLTAS
Posted Date : 03-Jul-2014 , 07:35:38 am | Posted By: CASANSAAR
RBI/2014-15/108DGBA.GAD.No.H - 3/42.01.034/2014-15
July 1, 2014
To
All Agency Banks
Dear Sir / Madam
Master Circular – Collection of Direct Taxes- OLTAS
Please refer to ourmaster circular RBI/2012-13/101 dated July 02, 2012on the above subject. We have now updated themaster circularincorporating important instructions issued by us till end of June 2013. A copy of the same isenclosedfor your information. This circular may also be downloaded from our websitewww.mastercirculars.rbi.org....
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RBI |
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Master Circular on Memorandum of Instructions governing money changing activities
Posted Date : 03-Jul-2014 , 07:30:29 am | Posted By: CASANSAAR
RBI/2014-15/15
Master Circular No.10/2014-15
July 01, 2014
To,
All Authorised Persons in Foreign Exchange
Madam / Sir,
Master Circular on Memorandum of Instructions governing money changing activities
This Master Circular consolidates the existing instructions on the subject of “Memorandum of Instructions governing money changing activities” at one place. The list of underlying circulars/ notifications is set out in Appendix.
2. ThisMaster Circularmay be referred to for gene...
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FEMA |
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Master Circular on Miscellaneous Remittances from India – Facilities for Residents
Posted Date : 03-Jul-2014 , 07:29:18 am | Posted By: CASANSAAR
RBI/2014-15/10
Master Circular No. 6/2014-15
July 1, 2014
To,
All Authorised Persons in Foreign Exchange
Madam / Sir,
Master Circular on Miscellaneous Remittances from India – Facilities for Residents
Miscellaneous remittance facilities for residents are allowed in terms ofsection 5of theForeign Exchange Management Act, 1999, read with Government of India Notification No. G.S.R 381(E) dated May 3, 2000, as amended from time to time.
2. ThisMaster Circularconsolidates the existing...
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FEMA |
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Master Circular on Miscellaneous Remittances from India – Facilities for Residents
Posted Date : 03-Jul-2014 , 07:28:32 am | Posted By: CASANSAAR
RBI/2014-15/10
Master Circular No. 6/2014-15
July 1, 2014
To,
All Authorised Persons in Foreign Exchange
Madam / Sir,
Master Circular on Miscellaneous Remittances from India – Facilities for Residents
Miscellaneous remittance facilities for residents are allowed in terms ofsection 5of theForeign Exchange Management Act, 1999, read with Government of India Notification No. G.S.R 381(E) dated May 3, 2000, as amended from time to time.
2. ThisMaster Circularconsolidates the existing...
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FEMA |
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Master Circular on Establishment of Liaison / Branch /Project Offices in India by Foreign Entities
Posted Date : 03-Jul-2014 , 07:27:27 am | Posted By: CASANSAAR
RBI/2014-2015/11
Master Circular No.7/2014-15
July 01, 2014
To,
All Category – I Authorised Dealer banks
Madam / Sir,
Master Circular on Establishment of Liaison / Branch /Project Offices in India by Foreign Entities
Establishment of Branch/Liaison/Project Offices in India is regulated in terms ofSection 6(6)ofForeign Exchange Management Act, 1999read withNotification No. FEMA 22/2000-RB dated May 3, 2000as amended from time to time.
2. This Master Circular consolidates the existin...
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Category :
FEMA |
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Master Circular on Foreign Investment in India
Posted Date : 02-Jul-2014 , 08:31:51 am | Posted By: CASANSAAR
RBI/2014-15/6
Master Circular No. 15/2014-15
July 01, 2014
To,
All Category - I Authorised Dealer banks
Madam / Sir,
Master Circular on Foreign Investment in India
Foreign investment in India is governed bysub-section (3) of Section 6of theForeign Exchange Management Act, 1999read withNotification No. FEMA 20/2000-RB dated May 3, 2000, as amended from time to time. The regulatory framework and instructions issued by the Reserve Bank have been compiled in this Master Circular. The list...
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FEMA |
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Master Circular on Acquisition and Transfer of Immovable Property in India by NRIs/PIOs/Foreign Nationals of Non-Indian Origin
Posted Date : 02-Jul-2014 , 08:30:40 am | Posted By: CASANSAAR
RBI/2014-15/9
Master Circular No. 4/2014-15
July 1, 2014
To,
All Category - I Authorised Dealer banks
Madam / Sir
Master Circular on Acquisition and Transfer of Immovable Property in India by NRIs/PIOs/Foreign Nationals of Non-Indian Origin
Acquisition and transfer of immovable property in India by NRIs / PIOs / Foreign Nationals of Non-Indian Origin is regulated in terms ofSub-sections (3), (4) and (5) of Section 6of theForeign Exchange Management Act, 1999read withNotification No. FEMA ...
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FEMA |
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Master Circular on Non-Resident Ordinary Rupee (NRO) Account
Posted Date : 02-Jul-2014 , 08:29:55 am | Posted By: CASANSAAR
RBI/2014-15/7
Master Circular No. 2/2014-15
July 1, 2014
To,
All Authorised Dealer Category – I banks and Authorised banks
Madam/ Sir
Master Circular on Non-Resident Ordinary Rupee (NRO) Account
The acceptance of deposits by an Authorised Dealer /Authorised bank from persons resident outside India are regulated by the provisions ofsub-sections (1) and (2) of section 6of theForeign Exchange Management Act, 1999read withFEMA Notification No.5/2000 - RB dated May 3, 2000, as amended fr...
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FEMA |
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Master Circular on Remittance Facilities for Non-Resident Indians / Persons of Indian Origin / Foreign Nationals
Posted Date : 02-Jul-2014 , 08:28:42 am | Posted By: CASANSAAR
RBI/2014-2015/8
Master Circular No. 8 /2014-15
July 01, 2014
To
All Authorised Dealer Category – I banks and Authorised banks
Madam / Sir
Master Circular on Remittance Facilities for Non-Resident Indians / Persons of Indian Origin / Foreign Nationals
Remittance facilities for Non-Residents /Persons of Indian Origin /Foreign Nationals are being governed bysub-section (1) and (2) of section 6of theForeign Exchange Management Act, 1999read with FEMANotification No.13/2000-RBand FEMANot...
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FEMA |
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Companies (cost records and audit) Rules,2014
Posted Date : 01-Jul-2014 , 08:30:58 pm | Posted By: CASANSAAR
[To be published in the Gazette of India, Extraordinary,
Part II, section 3, Sub-section (ii)]
Government of India
Ministry of Corporate Affairs
Notification
New Delhi, 30th June, 2014
G.S.R.__(E) -Inexerciseof the powers conferred bysub-sections (1) and (2) of section 469andsection 148of theCompanies Act, 2013 (18 of 2013)and in supersession of Companies (Cost Accounting Records) Rules, 2011; Companies (Cost Audit Report) Rules, 2011; Cost Accounting Records (Telecommunication Industry) R...
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Category :
Corporate Laws |
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Remittances to non-residents – Deduction of Tax at Source
Posted Date : 01-Jul-2014 , 08:09:16 am | Posted By: CASANSAAR
RBI/2013-14/669A.P. (DIR Series) Circular No.151
June 30, 2014
To
All Category – I Authorised Dealer Banks
Madam/ Sir,
Remittances to non-residents – Deduction of Tax at Source
Attention of Authorised Dealers in Foreign Exchange isinvitedtoA.P (DIR Series) Circular No. 56 dated November 26, 2002read withA. P. (DIR Series) Circular No. 3 dated July 19, 2007regardingthe procedure to be followed in respect of deduction of tax at source while allowingremittancesto the non-res...
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FEMA |
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Due Date for Filing DPT-4 extended to 31st August 2014
Posted Date : 30-Jun-2014 , 07:46:49 pm | Posted By: CASANSAAR
This Ministry has received reference regarding filing of Form DPT4 under the provisions of theCompanies Act, 2013. As per section 74(1)(a) of the Companies Act, 2013and the companies (Acceptanceof Deposits) Rules, 2014 made there under, companies are required to file a statement regarding depositsexisting as on date of commencement of the Act within a period of 3 months from such commencement.The time for filing of said statement is expiring on 30-06-2014.
2. After considering the reference, ...
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Category :
Corporate Laws |
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