Legal Updates

SEBI issues Consultation paper on SEBI (Investment Advisers) Regulations, 2013

Consultation paper on Amendments/Clarifications to the SEBI (Investment Advisers) Regulations, 2013 SEBI had issued a consultation paper on October 07, 2016 seeking public comments on the clarifications/amendments to SEBI (Investment Advisers) Regulations, 2013 (‘IA Regulations’). Large number of comments have been received on the proposals enumerated in the consultation paper. Based on the feedback received… Read More

RBI directs Banks to record Details of Transaction in Statement of Account

RBI/2016-17/326 DBR.No.Leg.BC.76/09.07.005/2016-17 June 22, 2017 All Scheduled Commercial Banks (including RRBs) All Small Finance Banks and Payments Banks Dear Sir/ Madam, Recording of Details of Transactions in Passbook/ Statement of Account Please refer to instructions contained in Paragraphs 6 and 7 of our circular DBOD.No.Leg.BC.74/09.07.005/2003-04 dated April 10, 2004 on "Committee on Procedures and Performance… Read More

MCA amends Auditors Rules w.r.t. limits for “Class of Companies” vide Not. dt. 22 June 2017

MCA, vide Notification dated 22nd June, 2017, has amended the Companies (Audit and Auditors) Rules, 2014. By this notification, the word "twenty" mentioned in Rule 5(b) has been substituted by the word "fifty". Pursuant to Section 139(2) of Companies Act, 2013, listed companies and certain class of companies are required to do rotation of their statutory… Read More

CBEC extends the service tax return filing to 15 August 2017 vide Noti. 18/2017

Central Government extends the due date for service tax return for the period April 2017 to June 2017 to be submitted by 15th August 2017 in Form ST-3 or ST-3C  which ever is applicable. The service tax rules also provide for submission of revised return for the period April 2017 to June 2017 to be… Read More

CBEC vide Notification no.14/2017-delegates certain powers to subordinate Central Excise officers

Central Board of Excise and Customs  vide Notification No.   14/2017- Central Excise (N.T), dated the 9th June 2017 exercises the powers conferred by Central Excise Rules, 2002 and Service Tax Rules, 1994. The board delegates the powers to subordinate Central Excise Officers for  issuing show cause notices for the purpose of assignment of  adjudication… Read More

CBEC vide Notification no.13/2017-Central Excise(N.T) vests powers upon Central Excise and Service Tax officers

Central Board of Excise and Customs exercises the powers conferred by Central Excise Rules, 2002 and vests the jurisdiction upon the Central Excise officers vide  Notification no. 13/2017- Central Excise (N.T), dated the 9th June 2017 . This Notification issued by the Central Board of Excise and Customs on 9th June 2017 gets notified in the official Gazette… Read More

CBEC vide Notification no.12/2017-Central Excise(N.T) appoints Central Excise and Service Tax officers

Central Board of Excise and Customs  appoints  Central Excise officers vide Notification No. 12/2017-Central Excise(N.T) and vests them with all powers under the  Central Excise Act, 1944 and rules made there under  and Chapter V of the Finance  Act, 1994. This Notification issued by the Central Board of Excise and Customs on 9th June 2017 gets… Read More

Central Government notifies certain sections of Union Territory Goods and Services Tax Act, 2017

  Central Government vide notification no. 1/2017–Union Territory Tax, notifies provisions of sections 1, 2, 3, 4, 5, 17, 21 and section 22 of the Union Territory Goods and Services Tax Act, 2017 (14 of 2017) which shall come in force on 22nd June 2017 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 21st… Read More

Tags: 2017Central GovernmentGSTTaxUnion Territory Goods and Services Tax ActUNION TERRITORY TAXUTGST

Central Governments directs Banks, Post Office and Cooperative Bank to deposit scrapped notes with RBI

MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 20th June, 2017   G.S.R. 611(E).—In exercise of the powers conferred by sub-section (1) of Section 11 of the Specified Bank Notes (Cessation of Liabilities) Act, 2017 ( 2 of 2017), the Central Government hereby makes the following rules, namely:— 1. Short title and… Read More

ICSI constitutes Task Force on Audit/ Due Diligence/Compliance of SEBI Laws

  The Institute of Company Secretary (ICSI) constitutes a Financial Services Committee to look after financial services as dedicated area of focus and amongst others, to formulate views / suggestions on various financial services related matters. The Committee recommended that, SEBI law compliances need to be independently checked and verified, in detail, periodically with observations… Read More

Page 1 of 79212...10...Last »

Recent Articles

Recent Legal updates

Recent Gst Updates