CS UPDATE FEBRUARY 18, 2014

“ACTION IS A GREAT RESTORER AND BUILDER OF CONFIDENCE. INACTION IS NOT ONLY THE RESULT, BUT THE CAUSE, OF FEAR. PERHAPS THE ACTION YOU TAKE WILL BE SUCCESSFUL; PERHAPS DIFFERENT ACTION OR ADJUSTMENTS WILL HAVE TO FOLLOW. BUT ANY ACTION IS BETTER THAN NO ACTION AT ALL.

-Dr. Norman Vincent Peale

RBI UPDATE

EXTERNAL COMMERCIAL BORROWINGS (ECB) – REPORTING ARRANGEMENTS (NOTIFICATION NO. RBI/2013-14/495 A. P. (DIR SERIES) CIRCULAR NO. 105 DATED FEBRUARY 17, 2014)

 

FACILITIES TO NRIS/PIOS AND FOREIGN NATIONALS – LIBERALISATION – REPORTING REQUIREMENT (NOTIFICATION NO. RBI/2013-14/496 A.P (DIR SERIES) CIRCULAR NO. 106 DATED  FEBRUARY 18, 2014)

 

TAX UPDATE

FURTHER AMENDMENTS IN THE NOTIFICATION OF THE GOVERNMENT OF INDIA IN THE MINISTRY OF FINANCE, (DEPARTMENT OF REVENUE), NO. 40/2012-CUSTOMS (N.T.), DATED THE 2ND MAY, 2012 (NOTIFICATION NO. NOTIFICATION NO. 12/2014-CUSTOMS (N.T.) DATED 17TH FEBRUARY, 2014)

 

LEGAL TERM OF THE DAY

“Sub lease”

A lease by tenant to another person of a part of the premises held by him; an under lease.

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