eMinds Legal Advocates & Solicitors
eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.
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GST Council to chair its 16th Meeting on 11 June,2017
Press Information Bureau Government of India Ministry of Finance 09-June-2017 14:11 IST The Union Finance Minister to chair the 16th Meeting of the GST Council on Sunday, 11th June, 2017 The Union Minister for Finance, Defence and Corporate Affairs, Shri Arun Jaitley will chair the 16th Meeting of the GST Council scheduled to be held… Read More
RBI to conduct Variable rate Reverse Repo auctions on June 12, 2017
The Reserve Bank of India will conduct the following Variable rate Reverse Repo auctions on June 12, 2017, Monday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014. Sl. No. Notified Amount (Rs. billion) Tenor (day) Window Timing Date of Reversal 1 100 28 10.00 am to 10.30 am… Read More
RBI releases master directions on IT framework for the NBFC Sector
RBI/DNBS/2016-17/53 Master Direction DNBS.PPD.No.04/66.15.001/2016-17 June 08, 2017 Master Direction - Information Technology Framework for the NBFC Sector In exercise of the powers conferred in terms of clause (b) of sub-section (1) of 45-L of the Reserve Bank of India Act, 1934 (Act 2 of 1934), the Reserve Bank of India being satisfied for the purpose… Read More
CBDT amends Safe Harbour Rules for International Transactions
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 7th June, 2017 INCOME-TAX G.S.R. 557(E).— In exercise of the powers conferred by section 295 read with sub-section (2) of section 92CB of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the… Read More
RBI reduces the SLR under banking regulation Act, 1949
RBI/2016-17/318 DBR.No.Ret.BC.71/12.02.001/2016-17 June 7, 2017 All Commercial Banks, Primary (Urban) Co-operative Banks (UCBs), State and Central Co-operative Banks (StCBs/CCBs) Madam/Dear Sir, Section 24 and Section 56 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR) Please refer to our circular DBR.No.Ret.BC.64/12.01.001/2015-16 dated December 10, 2015, on maintenance of Statutory Liquidity Ratio… Read More
RBI revises rules for issuance of rupee denominated bonds
RBI/2016-17/316 A. P. (DIR Series) Circular No.47 June 7, 2017 To All Authorised Dealer Category – I Banks Madam/Sir Issuance of Rupee denominated bonds overseas Attention of Authorized Dealer Category - I (AD Category - I) banks is invited to Sr. No. 3, 4 and 5 of Annex to A.P.(DIR Series) Circular No.17… Read More
CBDT notifies Cost Inflation Indexes with Base Year as 2001-02
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 5th June, 2017 INCOME-TAX S.O. 1790(E).—In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the Cost Inflation Index as mentioned in… Read More
CBDT notifies changes in Rules on refund of TDS
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 5th June, 2017 G.S.R. 554(E).—In exercise of powers conferred by section 295 of the Income Tax Act, 1961 (43 of 1961) (hereinafter referred to as the ‘Act’), the Central Board of Direct Taxes hereby makes the following rules further to… Read More
CBDT notification on STT chargeable on Acquisition of shares:
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 5th June, 2017 INCOME-TAX S.O. 1789(E).—In exercise of the powers conferred by third proviso to the clause (38) of section 10 of the Income-tax Act, 1961 (43 of 1961) hereinafter referred to as the Income-tax Act, the Central Government hereby… Read More
Learn how to raise funds through IPO; few seats left, 16 June, Bangalore
Central Board of Direct Taxes notification on amendment of IT Rules,1962
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 2nd June, 2017 INCOME-TAX G.S.R. 546(E).—In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes, hereby makes the following rules further to amend the Income tax Rules,… Read More
MoF notifies rules on appointment, term of office, salaries of members of tribunals
MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 1st June, 2017 G.S.R. 514(E).—In exercise of the powers conferred by section 184 of the Finance Act, 2017 (7of 2017), the Central Government hereby makes the following rules, namely : - 1. Short title, commencement and application.—(1) These rules may be called the Tribunal,… Read More
MCA clarification on transmission of securities to IEPF
General Circular No. 07/2017 No.05/23/2016-IEPF Government of India Ministry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan Dr.R.P.Road, New Delhi Dated: 05th June, 2017 To, All Stakeholders, Nodal Officer’s (IEPF) of Concerned Companies All Regional Director’s & Registrar of Companies of Min of Corp. Affairs Subject: Clarification regarding transmission of… Read More
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