A total of Rs 4,147 crore were declared in the 628 disclosures made during the 90-day black money compliance window that ended on September 30.
Surprisingly, against the popular perception, professionals including Doctors, engineers and former senior managers who used to work overseas outnumbered the companies and trusts in the declaration of unaccounted wealth.
There's no split available on...
CLR Note: The Reserve Bank of India has issued a circular no.44/08.12.015/2015-16 dated 8th October, 2015 where it has been decided to fix the Loan to Value (LTV) ratios and risk weights for individual housing loans.Please read below the full details of the slabs and their risk weights along with the LTV ratios.
October 8, 2015
The Ministry of Corporate Affairs(MCA) has issued a General notice dated 8th October 2015 to inform the stakeholders that only Online payment options (Credit/Debit/Prepaid Card/Net Banking) would be available for making payment of MCA fee for LLP e-forms between 8-Oct-2015 to 18-Oct-2015.
Offline payments through Bank Challan, Pay later and NEFT options will not be available during this period...
CLR Note: The Securities and Exchange Board of India has issued a circular no. CIR/MRD/DP/17/2015 dated 8th October, 2015 which review of the capacity planning framework of stock exchanges and clearing corporations The circular shall come into force form the date of publication in the official gazette.
CLR Note: The Central Board of Excise and Custom has issued a notification no. 21/2015 dated 7th October, 2015 which seeks to further amend CENVAT Credit Rules, 2004 which may be called as CENVAT Credit (Fourth Amendment) Rules, 2015. The notification shall come into force form the date of publication in the official gazette.
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
CLR Note: The Central Board of Direct Taxes has issued a order dated 6th October, 2015 to facilitate the process of electronic verification of returns which was only restricted for the returns specified in the earlier notifications.Now, the returns as specified in the below order can also be processed through electronic verification code.
Government of India
Ministry of Finance
Department of R...
CLR Note: The Reserve Bank of India has issued a circular no. RBI/2015-16/201 dated 8th October, 2015 which clarifies Risk Management & Inter-Bank Dealings: Booking of Forward Contracts - Liberalisation
A. P. (DIR Series) Circular No. 20
October 8, 2015
All Authorised Dealer Category - I banks
Madam / Sir,
Risk Management & Inter-Bank Dealings: Boo...
Securities and Exchange Board of India(SEBI)
October 06, 2015
All Foreign Portfolio Investors
through their designated Custodians of Securities
The Depositories (NSDL and CDSL)
Sir / Madam,
Sub: Investments by FPIs in Government securities
1. RBI in its Fourth Bi-monthly Policy Statement for the year 2015-16, dated September 29, 2015 has announced a Medi...
ICSI is organising a webinar on Form MGT-7 w.r.t Annual Return on 8th October, 2015 form 3:00 PM to 5:00 PM.
Stakeholders are requested to attend the same as it would clarify a lot of issues pertaining to the preparation of the Annual at the time of annual filing.
ICSI-CCGRT is organising a Unique Workshop on “Annual Filing 2015” on Saturday, October 10, 2015.