July 20, 2017 In Blog, Uncategorized

INDIA – ISRAEL: BROADEN COMMERCIAL TIES

Mr. Narendra Modi becomes the first Indian Prime Minister to visit Israel, after the end of three day visit in Israel, both the countries expressed interest in building a broad economic base, rather than merely a contractual exchange…

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July 20, 2017 In Blog, Uncategorized

LAW FIRMS UNDER GOODS AND SERVICES TAX

  The Delhi High Court clarified that the Goods and Services Tax (GST) on all legal services provided by Lawyers or Law Firms would be paid on reverse charge basis by the client. Reverse Charge basis means that…

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July 4, 2017 In Blog, Uncategorized

IMPACT OF GOODS AND SERVICES TAX ON CONSUMERS AND TRADERS IN INDIA

India’s biggest tax reform since independence is expected to be positive for the fast-moving consumer goods (FMCG) companies and firms producing consumer durables. This historic tax reform will irrevocably impact consumers, traders, businesses as well as the revenue…

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July 3, 2017 In Blog, Uncategorized

IMPACT OF GOODS AND SERVICES TAX ON EASE OF DOING BUSINESS IN INDIA

The Government of India has successfully implemented the long awaited Goods and Services Tax (GST) regime across the country on 1st July 2017. The GST is a comprehensive tax to be levied upon the manufacture, sale and consumption…

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July 3, 2017 In Blog, Uncategorized

MAJOR AMENDMENTS IN GOODS AND SERVICES TAX ACT, 2017

  The goods and Services Tax (GST) Act, 2017 came into force from 1st July, 2017. Here is a list of the major changes proposed in GST bill:- Applicability of GST Law in the State of Jammu and…

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June 10, 2017 In Blog, Uncategorized

REAL ESTATE (REGULATION AND DEVELOPMENT) ACT, 2016: BENEFIT TO HOME BUYERS

Real Estate (Regulation and Development) Act (RERA), 2016 came into effect on 1st May 2017. RERA marks the beginning of new era with bringing in more clarity in deals between developers and buyers leaving out ambiguities. This Act…

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June 10, 2017 In Blog, Uncategorized

GOODS & SERVICES TAX TRANSITIONAL PROVISIONS

  The much awaited tax reform is set to roll on 1st July 2017. The Government which has made the GST the main stay of its economic reforms is set to ride the rough road of implementation that…

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June 1, 2017 In Blog, Uncategorized

BEEF BAN!!

The Central Governmenton 26th May 2017 announced strict rules to prohibit sale of animals for slaughter and sale. The ban on slaughter is alsoapplicable to religious sacrifice at livestock markets and animal fairs that are a common occurrence…

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June 1, 2017 In Blog, Uncategorized

SEBI proposes to levy USD 1,000 fee on each P-Note issuance

Participatory Notes commonly known as P-Notes or PNs are instruments issued by registered Foreign Institutional Investors (FII) to overseas investors, who wish to invest in the Indian stock markets without registering themselves with the market regulator, the Securities and Exchange Board…

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May 17, 2017 In Blog, Uncategorized

WOMEN ALREADY ON MATERNITY BREAK ALSO ELIGIBLE FOR ENHANCED LEAVE

  The Government on Monday, 8th May 2017, clarified that it is mandatory on the part of employers to extend the benefit enhanced maternity benefit of 26 weeks, as modified by the Maternity Benefit (Amendment) Bill, 2016, to…

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