Daily Archives: December 28, 2015

No LPG subsidy if income exceeds 10 lakhs from Jan 2016

Benefit of LPG subsidy will not be available if the consumer or his/her spouse had taxable income of more than Rs Ten lakh in previous financial year At present, there are 16.35 crore LPG consumers in the country. With the implementation of the PAHAL Scheme (DBTL), the subsidy is being transferred directly to the Bank… Read More »

How many articles CA can train : ICAI Announcement

Institute of Chartered Accountants of India ANNOUNCEMENT Date: 21.12.2015 43. Engagement of Articled Assistants Subject to the provisions of these Regulations and subject to such terms and conditions, as the Council may deem fit to impose in this behalf, the members designated as an associate or a fellow, who has been in practice continuously, whether… Read More »

e-Sampark IT policy of Govt of India

MINISTRY OF COMMUNICATION AND INFORMATION TECHNOLOGY (Department of Electronics and Information Technology) Vide NOTIFICATION  F. No. 3 (46)/2015-EG-II New Delhi, the 3rd December, 2015 issued  Updation and Usage Policy for the Sampark Database (IT platform for Messages) Ver 1.0 What is e-Sampark ? The IT platform for Messages is an initiative under the “Digital India” programme of… Read More »

SEBI Open Offer exemption if increase in voting rights due to Sec 106 of Companies act

  SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION  No. SEBI/LAD-NRO/GN/2015-16/026.— Mumbai, the 22nd December, 2015 In the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, in regulation 10, in sub-regulation (1), after clause (i) the following clause shall be inserted, namely:- “(j) increase in voting rights arising out of… Read More »

Govt notify Nongkhyllem Wildlife Sanctuary Ecosensitive Zone

MINISTRY OF ENVIRONMENT, FOREST AND CLIMATE CHANGE NOTIFICATION New Delhi, the 18th December, 2015 S.O. 3497(E).—The following draft of the notification, which the Central Government proposes to issue in exercise of the powers conferred by sub-section (1), read with clause (v) and clause (xiv) of sub-section (2) and sub-section (3) of section 3 of the… Read More »

DTAA of India with Macedonia

[Notification No. 94/2015/ F. No. 503/08/2004-FTD-I] Dated 21st December, 2015 In exercise of the powers conferred by section 90 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby directs that all the provisions of the said Agreement between the Government of the  Republic of India and the Government of the Republic of Macedonia… Read More »

Govt allows export of onion without any Minimum Export Price

MINISTRY OF COMMERCE & INDUSTRY  vide Notification No No. 29/2015-20 [F. No. 01/91/180/922/AM08/PC-III/Export Cell] Dated  the 24th December, 2015 allowed the Export of onion without any Minimum Export Price (MEP) Para 2 of Notification No. 26 dated 11.12.2015 is amended to read as: “Export of onion for the item description at Serial Number 51 & 52 of Chapter 7… Read More »