Author: legallands

POSTS BY : legallands
BANK GUARANTEE EXEMPTION UNDER ADVANCE AUTHORIZATION, DFIA AND EPCG SCHEMES-CUSTOM CIRCULAR NO. 31/2019 DATED 13.09.2019
Customs Department extending the exemption for execution of Bank Guarantee (BG) based upon the export turnover, quantum of duty, tax paid, etc. vide earlier circular No. 58/2004-Cus dated 21.10.2004 as [...]
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EASTERN ECONOMIC FORUM-VLADIVASTOK 04-06 SEPTEMBER, 2019: INDIA AND RUSSIA LIKELY TO INK 25 PACTS
The relationship between India and Russia has a long history of partnership that dates back to the time of independence era. The strategic alliance has helped boost the trade & [...]
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Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019
With the introduction of Goods and Service Tax (GST) in the year 2017, many central as well as state indirect taxes were subsumed in GST. Simply stating that at central [...]
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Beginning of Much Needed Reforms in Labour Laws of India
India is home to atleast 40 central labour laws and numerous state labour laws regulating the very relationship between an employer and employee; and also arching over other supplementary aspects [...]
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BUYING IMMOVABLE PROPERTY? TAX AUTHORITIES ARE WATCHING YOU….
Owning a house in India has a sentimental value in addition to the financial value. So, amidst the sentimental gush of being an owner of a house do not forget [...]
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GAINS ON EQUITY INVESTMENT NOW TAXABLE
Before 1st April 2018 Long term Capital Gains on Equity investment were exempt from tax under section 10(38). However this would be the first year (F.Y 2018-19) where the Long [...]
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SOCIAL MEDIA UNDER SCRUTINY OF TAXMAN
Who would have ever thought that posting pictures of foreign travels, 5-star hotels, luxury cars or lavish events on social media may land you a notice from the Tax Authorities? [...]
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Homebuyers to seek refund on delayed Allotment of 1 year by the Builder. Possible?
Over the past couple of years a plethora of cases have emerged against builders who have failed to deliver Apartments and Shop cum Office Units to Buyers. Hence, Buyers look [...]
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Revised Guidelines on FDI – Sector Specific condition for Foreign Investors
CONTENTS   S. No. Sector/Activity Page No. A Prohibited Sectors 3 B Permitted Sectors 4 1 Agriculture 4 1.1 Agriculture & Animal Husbandry 4 1.2 Plantation Sector 4 2 Mining [...]
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TRADEMARK-CAN IT BE REGISTERED BY TWO PERSONS IN SAME CLASS?
INTRODUCTION A Trademark is an important asset to every person’s success and growth which is used to identify the person’s products or services and provides a distinctive identification. A Trademark [...]
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