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.
A:544, Tower B2, Spaze i-Tech Park Gurgaon, Haryana, India
MCA Portal will be temporarily unavailable from 8:00 am to 4:00 pm on Sunday, 26th June 2016
The MCA21 system will be temporarily unavailable from 8:00 am to 4:00 pm IST on Sunday, 26th June 2016 for system maintenance. Stakeholders are requested to plan accordingly. Read More
MCA releases new version of Form AOC-4
Form AOC-4 is likely to be revised on MCA21 Company Forms Download page w.e.f 26th June 2016. Stakeholders are advised to check the latest version before filing Read More
Format of Statutory Auditors’ Certificate (SAC) to be submitted by NBFCs
RBI/2015-16/433 DNBS (PPD) CC.No./04/66.14.001/2015-16 June 23, 2016 To CEOs of All NBFCs (excluding RNBCs) and The President of ICAI Dear Sir/Madam, Format of Statutory Auditors’ Certificate (SAC) to be submitted by NBFCs Please refer to the Notification No. DNBS 192/DG (VL) dated Feb 22, 2007 prescribing Prudential Norms Directions. In terms of the extant instructions,… Read More
Income-tax (16th Amendment) Rules, 2016
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES] NOTIFICATION New Delhi, the 22nd June, 2016 INCOME-TAX S.O. 2179(E).- In exercise of the powers conferred by section 101, read with section 295 of the Income-tax… Read More
Reserve Bank of India (Financial Statements of All India Financial Institutions – Presentation, Disclosure and Reporting) Directions, 2016
RBI/DBR/2015-16/26 Master Direction DBR.FID.No.108/01.02.000/2015-16 June 23, 2016 Master Direction - Reserve Bank of India (Financial Statements of All India Financial Institutions - Presentation, Disclosure and Reporting) Directions, 2016 In exercise of the powers conferred by Section 45 L of the Reserve Bank of India Act, 1934, the Reserve Bank of India being satisfied that it… Read More
Review of the framework of position limits for currency derivatives contracts
CIRCULAR SEBI/HO/MRD/DP/CIR/P/2016/60 June 22, 2016 To, All Stock exchanges and Clearing corporations, All Foreign Portfolio Investors (FPIs). Dear Sir / Madam, Subject: Review of the framework of position limits for currency derivatives contracts With the view to ease trading requirements in the currency derivatives segment, it is clarified that the position limit linked to open… Read More
RBI releases Draft Guidelines for Capital for CCR and Exposure to CCPs
The Reserve Bank of India has today placed on its website draft guidelines for computing exposure for counterparty credit risk (CCR) arising from derivative transactions and draft guidelines on capital requirements for bank exposures to central counterparties (CCPs) for comments and feedback. The guidelines are based on the framework finalised by Basel Committee on Banking… Read More
Income–tax (15th Amendment) Rules, 2016
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NOTIFICATION New Delhi, the 20th June, 2016 S.O. 2151(E).-In exercise of the powers conferred by section 285BA read with section 295 of the Income-tax Act, 1961… Read More
FAQs for Name Reservation and Company Incorporation
1. What is Central Registration Centre (CRC)? The Central Registration Centre (CRC) is an initiative of Ministry of Corporate Affairs (MCA) in Government Process Re-engineering (GPR) with the specific objective of providing speedy incorporation related services in line with global best practices. 2. What services are offered by the CRC presently? CRC is presently tasked to process… Read More
Clarification regarding News Report on Arrest of Tax Defaulters
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 21st June, 2016. Sub: - Clarification regarding News Report on Arrest of Tax Defaulters - reg Certain sections of the press have been carrying news reports today that Income Tax Department is going to arrest wilful defaulters… Read More
CBDT notifies no deduction of tax under Chapter XVII of the said Act shall be made on the payments of the nature specified in clause (23DA) of section 10
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 17th June, 2016 No.46 /2016 INCOME-TAX S.O. (E).-In exercise of the powers conferred by sub-section (1F) of section 197A of the Incometax Act, 1961 (43 of… Read More
CBDT notifies no deduction of tax under Chapter XVII of the said Act shall be made on the payments of the nature specified
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 17th June, 2016 No. 47/2016 INCOME TAX S.O. (E).- In exercise of the powers conferred by sub-section (1F) of section 197A of the Income-tax Act,… Read More
Consultation Paper for Public Comments Amendments to SEBI (Portfolio Managers) Regulations, 1993 Pursuant To Introduction of Section 9A in The Income Tax Act, 1961
The objective of this consultation paper is to seek comments from the public for the purpose of laying down an enabling framework for the registration of Eligible Fund Managers to manage Eligible Investment Funds pursuant to insertion of Section 9A in the Income Tax Act, 1961. Please click on the below link to download Consultation Paper… Read More
Subscribe to the Daily Journal
Corporate Law Referencer
India’s Leading Compliance Software
