 Hi All
“Do you know why
a Car’s Windshield is so large & the Rearview Mirror so
small ? Because your PAST is not as important as your FUTURE.
Look Ahead and Move on.”
As we look back
on the 1/2 year gone by and look ahead at the 1/2 year that is
to unfold, we realize that there were lots of goals set,
targets fixed. We would have achieved a few, accomplished a
few, faltered on a few others, failed a lot and sometimes gone
beyond our own expectations too. Nevertheless what is
important is have we put the full efforts ? have we made
whole-hearted attempts with sincerity and self-belief ? If
yes, it is time to move on even while analyzing where and how
we can improve. If not, it is time to definitely look back and
find the answers but in the process let us not lose sight of
the journey ahead that is so promising and
encouraging.
As for the ‘knowledge-journey’, read on.
You will find several notifications and circulars relating to
various departments of the Indian Government.
To read
the earlier issues and articles Click Here
Sincerely
Lex Valorem Team |
|
Compliance w.r.t.
filing of Annual Accounts |
ROC not to accept
any request (oral/writing/e-Forms) for recording any event
based information/changes from companies who have defaulted in
filing their updated Balance Sheet, P& L Account and
Annual Return from FY 2006-07 to 2009-10. This is effective
from 3rd July, 2011 which means no annual filing can be kept
pending. |
Download Circular
> |
MCA to introduce
NEFT payment mode |
Ministry is
introducing payment of MCA fees via NEFT (National Electronic
Fund Transfer) mode, in addition to already existing payment
methods. |
Read
More > |
MCA gives a last
chance to clear pending forms filed |
MCA in order to
reduce the pendency of forms prior to implementation of
revised Regulation 17 of the Companies Regulation, 1956 has
decided to re-open pending forms under Held in Abeyance
category till 7th July, 2011. Stake holders can track the work
items in MCA21 portal and contact concerned ROC to clear the
pending forms. |
Download
Circular > |
| Point of Taxation Rules amended |
| Point of taxation rules has been amended to include consulting engineer in relation to advice, consultancy or technical assistance in any manner in one or more disciplines of engineering including the discipline of computer hardware engineering under rule 7 (c). Impact is that the point of taxation for such services is the date on which payment is made or received. |
Download
Notification > |
Overseas Direct
Investment- Liberalisation / Rationalisation |
RBI has
consolidated various circulars relating to transfer by way of
sales of a joint venture or wholly owned subsidiary (JV or
WOS) outside India with and without write off. |
Download
Circular> |
DEPB scheme
extended |
DEPB scheme which
is due to expire on 30th June, 2011 has been extended for
another 3 months upto 30th September, 2011. |
Download
Notification > |
Declaration of
intent to avail export benefits |
Declaration of
intent to avail export benefits is to be made on free shipping
bills if they are under chapter 3 (Focus market, Focus product
etc) of the Foreign Trade Policy, 2009-14. |
Download
Public Notice> |
