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Taxclick Team, Author at All About Finance - Page 63 of 97

THE FOREIGN TRADE POLICY 2015-2020 – HIGHLIGHTS

  Export from India Schemes: 1.             Merchandise Exports from India Scheme (MEIS) (a)          Earlier there were 5 different schemes (Focus Product Scheme, Market Linked Focus Product Scheme, Focus Market Scheme, Agri. Infrastructure Incentive Scrip, VKGUY) for rewarding merchandise exports with different kinds of duty scrips with varying conditions (sector specific or actual user only) attached … Read more

The Prime Minister will launch the Micro Units Development and Refinance Agency Ltd. (MUDRA)

 The Prime Minister Shri Narendra Modi will launch the Micro Units Development and Refinance Agency Ltd. (MUDRA) – a Bank tomorrow at a function at Vigyan Bhavan in the national capital.   Earlier in his Budget Speech for Financial Year (FY) 2015-16, the Union Finance Minister Shri Arun Jaitley had proposed the creation of a … Read more

Amendments in Schedule A and Schedule C of MVAT as applicable from 1st April 2015

FINANCE DEPARTMENT Madam Cama Road, Hutatma Rajguru Chowk Mantralaya, Mumbai 400 032, dated the 27th March 2015. NOTIFICATION MAHARASHTRA VALUE ADDED TAX ACT, 2002. No. VAT, 1515/CR-39(1)/Taxation-1.— In exercise of the powers conferred by sub-section (1) of section 9 of the Maharashtra Value Added Tax Act, 2002 (Mah, IX of 2005) , the Government of … Read more

Goods covered under entry C-70 in the Schedule of Maharashtra Value Added Tax Act, 2002

FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated the 27th March 2015. NOTIFICATION MAHARASEITRA VALUE ADDED Tax ACT, 2002. No. VAT 1515/ CR 39(2)/ Taxation-1, – In exercise of the powers conferred by entry 70 of Schedule C appended to the Maharashtra Value Added Tax Act, 2002 (Mah_ IX of … Read more

Facility for suo moto payment of customs duty in case of bona fide default in export obligation

Circular No.  11/2015 – Customs  F.No. 605/55/2014-DBK Government of India Ministry of Finance, Department of Revenue Central Board of Excise& Customs Drawback Division   New Delhi, dated 1st April, 2015 To   All Principal Chief Commissioners/Chief Commissioners of Customs / Customs (Prev)/ Central Excise & Customs, All Principal Directors General/Directors General of CBEC / Chief … Read more

Know Your Customer (KYC) Guidelines for Proprietary Concern

RBI/2014-15/532DCBR.BPD(PCB/RCB)Cir.No.24/14.01.062/2014-15 April 1, 2015 The Chief Executive OfficerAll Primary (Urban) Co-operative Banks /State and Central Co-operative Banks (StCBs / CCBs) Madam / Dear Sir, Know Your Customer (KYC) Guidelines – Accounts of Proprietary Concerns Please refer to paragraph 2.5(ii) of our Master Circular no. UBD.BPD.(PCB) MC.No.16/12.05.001/2014-15 dated July 1, 2014 and paragraph 2.5 (vi) of Master Circular RPCD. … Read more

Rate of interest on various small savings schemes for the financial year 2015-16

RBI/2014-15/536IDMD(DGBA).CDD.No.4521/15.02.001/2014-15 April 01, 2015 The Chairman and Managing Director/Managing DirectorHead Office, Government Accounts DepartmentState Bank of India/State Bank of Patiala/State Bank of Bikaner & Jaipur/State Bank of Travancore/ State Bank of Hyderabad/State Bank of Mysore/ Andhra Bank/ Allahabad Bank/Bank of Baroda/Bank of India/Punjab & Sind Bank/Bank of Maharashtra/Canara Bank/Central Bank of India/Corporation Bank/Dena Bank/Indian Bank/Indian Overseas Bank/Punjab … Read more