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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Income-tax (6th 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 17th March, 2016 S.O. 1146 (E).- In exercise of the powers conferred by section 2, read with section 295 of the Income-tax… Read More
CBDT amends procedure for dealing with remedial action on Revenue Audit Objections
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 17 th March, 2016 Sub: Modification of Instruction No. 9/2006 dealing with remedial action on Revenue Audit Objections not accepted by the Department– reg. The guidelines and procedure for attending to objections raised in the course of… Read More
Implementation of RTI Act, 2005 to be strengthened
Implementation of RTI Act, 2005 to be strengthened DoPT invites views/suggestions by 31st March, 2016 A Committee of Experts consisting of Shri A.N. Tiwari, former Chief Information Commissioner and Dr. M.M. Ansari, former Information Commissioner of Central Information Commission was constituted to recommend, inter-alia, measures to further strengthen implementation of Section 4 of the RTI… Read More
Rate of exchange of conversion of the foreign currency with effect from 18th March, 2016
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 41/2016 - Customs (N.T.) New Delhi, dated the 17th March, 2016 27 Phalguna, 1937 (SAKA) In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification… Read More
Framework for Revival and Rehabilitation of Micro, Small and Medium Enterprises (MSMEs)
RBI/2015-16/338 FIDD.MSME & NFS.BC.No.21/06.02.31/2015-16 March 17, 2016 All Scheduled Commercial Banks (Excluding RRBs) Madam / Sir, Framework for Revival and Rehabilitation of Micro, Small and Medium Enterprises (MSMEs) In order to provide a simpler and faster mechanism to address the stress in the accounts of MSMEs and to facilitate the promotion and development of MSMEs,… Read More
‘India Aviation’ 2016 resonates well with our policy initiatives of ‘Make in India’, ‘Stand up India’ and ‘Start up India’, says President
The President of India, Shri Pranab Mukherjee inaugurated the 5thEdition of ‘India Aviation’ today (March 16, 2016) at Hyderabad. Speaking on the occasion, the President said India is at the threshold of taking a major leap in the aviation sector. ‘India Aviation’ 2016 is well timed and resonates well with our latest policy initiatives of… Read More
BSE Releases XBRL Taxonomies in Public Domain
Media Release BSE Releases XBRL Taxonomies in Public Domain Mumbai, Wednesday, 10 March 2016: With a view to making reporting by listed companies to Stock Exchanges more accurate and efficient, BSE had introduced the globally recognized XBRL based reporting for Shareholding Pattern with effect from June 11, 2015 and Financial Results with effect from October… Read More
Participation of Standalone Primary Dealers in Currency Futures Market
RBI/2015-16/339 FMRD.FMD.No. 02.03.183/7/2015-16 March 17, 2016 All Standalone Primary Dealers Dear Sir, Participation of Standalone Primary Dealers in Currency Futures Market A reference is invited to A.P. (DIR Series) Circular No. 05 dated August 06, 2008, in terms of which persons resident in India are permitted to participate in the currency futures market in India… Read More
Scheme for Collection of Dues of (i) Central Board of Direct Taxes (ii) Central Board of Excise and Customs (iii) Departmentalised Ministries Account – Reporting and Accounting of March Transactions – Special Arrangements – Financial Year 2015-16
RBI/2015-16/343 DGBA.GAD.No.2968/42.01.029/2015-16 March 17, 2016 The Chairman/Chief Executive Officer All Agency Banks Dear Sir / Madam, Scheme for Collection of Dues of (i) Central Board of Direct Taxes (ii) Central Board of Excise and Customs (iii) Departmentalised Ministries Account - Reporting and Accounting of March Transactions - Special Arrangements - Financial Year 2015-16 Please refer… Read More
Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 (IFSC Guidelines) – Inclusion of Commodity Derivatives
CIRCULAR CIR/MRD/DSA/41/2016 March 17, 2016 To All recognised Stock Exchanges/Clearing Corporations/Depositories Dear Sir / Madam, Sub: Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015 (IFSC Guidelines) - Inclusion of Commodity Derivatives 1. SEBI (International Financial Services Centres) Guidelines, 2015 were issued on March 27, 2015. 2. Pursuant to Section 131 of… Read More
Income-tax (5th Amendment) Rules, 2016
[TO BE PUBLSIHED 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) (INCOME – TAX) Notification New Delhi, the 15th March, 2016 S.O. 1101(E).- In exercise of the powers conferred by section 9A read with section 295 of… Read More
Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year (2015-16)
RBI/2015-16/342 DGBA.GAD.No. 2969/42.01.029/2015-16 March 17, 2016 The Chairman / Chief Executive Officer All agency banks Dear Sir/Madam, Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year (2015-16) The Government of India has desired that all government transactions with banks must be accounted for within… Read More
Recovery of excess payments made to pensioners
RBI/2015-16/340 DGBA.GAD.No.2960/45.01.001/2015-16 March 17, 2016 The Chairman / Chief Executive Officer All Agency Banks Dear Sir, Recovery of excess payments made to pensioners We have been receiving complaints from pensioners stating that the recovery of excess/wrong pension payments are being made in a manner that is not in keeping with the extant guidelines. In this… Read More
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