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Indian Laws - Highlights / Catch Notes

Home Highlights November 2011 Year 2011 This

India Revamps Industrial Policy: New Tax Structures & Regulatory Changes to Boost Foreign Investment & Ease Business Operations


India Revamps Industrial Policy: New Tax Structures & Regulatory Changes to Boost Foreign Investment & Ease Business Operations

November 5, 2011

News     Indian Laws

Industrial Policy.

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  1. The Central Government has amended the export policy for Broken Rice under HS code 1006 40 00 with immediate effect, exercising powers conferred by Section 3 read with...

  2. Change of policy - Restriction of Letter of Permission – Constitutional Validity of para 7 of Appendix 14IC of Exim policy – Curtailment of period of licence – Change of...

  3. This notification amends various earlier customs duty notifications by making changes to the tariff item entries, descriptions, and rates of duty applicable to certain...

  4. External Commercial Borrowings (ECB) Policy – Structured Obligations for infrastructure sector

  5. Assessee employed by Indian entity but sent on long-term international assignment to Singapore. Salary received in India for administrative reasons, but employment...

  6. SEBI has amended the Prohibition of Insider Trading Regulations, effective ninety days after official publication. The amendments significantly expand the definition of...

  7. ITAT ruled AMP expenses did not constitute international transaction under Section 92B, as Revenue failed to establish existence of arrangement between assessee and AE...

  8. Exemption scheme or policy cannot be applied retrospectively. Petitioner purchased a hybrid vehicle and paid applicable tax before the exemption policy was introduced....

  9. This notification amends the export policy condition for cough syrup under Chapter 30 of Schedule-II (Export Policy) of ITC (HS) 2022. The existing policy mandated...

  10. Accrual of income - recognition of revenue - change in method of accounting policy from recognition of Commission for insurance agency business from month of...

  11. The GOI amended import policies under Foreign Trade (Development & Regulation) Act, 1992, modifying restrictions on vessels under CTH 890690. Items under codes...

  12. Income accrued in India - permanent establishment (PE) - Withholding of tax in India - vessel engaged in seismic survey at high sea - The sum paid by the applicant to...

  13. HC directed respondents to extend industrial promotion policy benefits to petitioner within 3 months. While respondents acknowledged petitioner's construction investment...

  14. Newly established industrial units having once enjoyed the tax exemption and also remission for seven years under the Meghalaya Industrial Policy of 1997 and the...

  15. Refund of Service Tax - electrical works contract - the exemption is accorded to activities in connection with ‘civil structure’ or ‘original structure’ and not...

 

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