Guidelines for Relief Measures by NBFCs in areas affected by Natural Calamities

RBI/2016-17/28 DNBR (PD) CC.No.083/03.10.001/2016-17 July 28, 2016 All Non-Banking Financial Companies Madam/ Sir, Guidelines for Relief Measures by NBFCs in areas affected by Natural Calamities The Reserve Bank has issued guidelines to banks in regard to matters relating to relief measures to be provided in areas affected by natural calamities videFIDD.No.FSD.BC.52/05.10.001/2014-15 dated March 25, 2015,… Read More

Priority Sector Lending –Targets and Classification- Bank loans to MFIs for on-lending – Qualifying asset – Revised loan limit

RBI/2016-17/27 FIDD.CO.Plan.BC.No.8/04.09.001/2016-17 July 28, 2016 The Chairman/ Managing Director/ Chief Executive Officer [All Scheduled Commercial Banks (excluding RRBs)] Dear Sir/ Madam, Priority Sector Lending –Targets and Classification- Bank loans to MFIs for on-lending - Qualifying asset - Revised loan limit Please refer to paragraph 19 (b) (iv) of the Master Direction on Priority Sector Lending… Read More

Income Tax Return date extended to 5th Aug, 2016

F.No.153/53/2014-TPL (Pt.I) GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) **** North Block, TPL Division New Delhi, the 26th September, 2014 Order under section 119 of the Income-tax Act, 1961 Section 44AB of the Income-tax Act, 1961 („the Act‟) read with rule 6G of the Income-tax Rules, 1962 („the… Read More

Half yearly/Quarterly Review of Accounts of Public Sector Banks

RBI/2016-17/29 Ref.DBS.ARS.No.BC.2/08.91.001/2016-17 July 28, 2016 All Public Sector Banks Dear Sir/Madam, Half yearly/Quarterly Review of Accounts of Public Sector Banks Please refer to our circular DBS.ARS.No.BC.17/08.91.001/2002-03 dated June 5, 2003 on conduct of Half yearly/Quarterly Review of Accounts of Public Sector Banks. 2. The reporting format has been revised as per the annex. You may,… Read More

Retail Participation by Demat Account Holders in the Government Securities Market: Access to NDS-OM Platform

RBI/2016-17/30 Ref No. FMRD.DIRD.3/14.03.07/2016-17 July 28, 2016 To All eligible market participants Retail Participation by Demat Account Holders in the Government Securities Market: Access to NDS-OM Platform As announced in the First Bi-monthly Monetary Policy Statement, 2015-16, an Implementation Group with representation from all the stakeholders was constituted to recommend specific measures to enable seamless… Read More

Companies (Accounts) Amendment Rules, 2016

In exercise of the powers conferred by sub-sections (1) and (3) of section 128, sub section (3) of section 129, section 133, section 134 and section 138 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Accounts) Rules,2014 dated… Read More

Companies (Incorporation) Third Amendment Rules, 2016

In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the companies Act, 2013 (18 of 2013), the central Government hereby makes the following rules further to amend the Companies (Incorporation) Rules, 2014. Please click on the below link to download Rules: Companies (Incorporation) Third Amendment Rules, 2016 Read More

LLP (Amendment) Rules, 2016

LLP (Amendment) Rules, 2016 (GSR 418(E) dated 13th April, 2016) The Principal rules were published in the Gazette of India, Part II Section 3, sub-section(i) vide GSR No 229(E) dated 1st April, 2009 and subsequently amended by GSR No. 385(E) and 386(E) dated 4th June, 2009, GSR No 6(E) dated 6th January, 2010, GSR 24(E)… Read More

MCA releases new version of LLP Forms

LLP Forms Form 2, Form 2A, Form 3, Form 4, Form 4A and Form 11 are likely to be revised on MCA21 LLP Forms Download page w.e.f 28th July 2016. Stakeholders are advised to check the latest version before filing. Read More

MCA releases new version of eForms AOC-4, INC-27, and MR-1

Company eForms AOC-4, INC-27, and MR-1 are likely to be revised on MCA21 Company Forms page on 28th July 2016. Stakeholders are advised to check the latest version before filing. Read More

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