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CBDT Simplifies procedure for Form No.15G & 15H
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 30th September, 2015 Subject: Simplification of procedure for Form No.15G & 15H regarding Tax payers seeking non deduction of tax from certain incomes are required… Read More
Extension of due date for filing returns of income and tax audit reports
On consideration of the requests received from members at large seeking extension of due date of filing return of income as well as the tax audit report under section 139 of the Income-tax Act, 1961 falling due on 30th September, 2015, the following representations have been made by the Direct Taxes Committee of ICAI: ICAI/DTC/2015-16/Rep… Read More
Version of Forms MGT-7 and AOC-4(non XBRL) is modified w.e.f 30th Sep 2015
The Ministry of Corporate Affairs has modified Version of Forms MGT-7 and AOC-4(non XBRL) w.e.f form 30th Sep 2015. Hence, the stakeholders are requested to plan their filings accordingly. Read More
‹Income-tax (14th Amendment) Rules, 2015
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) (INCOME-TAX) New Delhi, the 29th September, 2015 NOTIFICATION S.O. 2663 (E).” In exercise of the powers conferred by section 295 read with section 197A of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the… Read More
External Commercial Borrowings (ECB) Policy – Issuance of Rupee denominated bonds overseas
RBI/2015-16/193 A.P. (DIR Series) Circular No.17 September 29, 2015 To, All Authorised Dealer Category I Banks Madam/ Sir External Commercial Borrowings (ECB) Policy - Issuance of Rupee denominated bonds overseas Attention of Authorized Dealer Category - I (AD Category - I) banks is invited to the provisions contained in A.P. (DIR Series) Circular No. 5 dated… Read More
Rate of exchange of conversion of the foreign currency with effect from 30th September, 2015
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No.95/2015 - Customs (N.T.) Dated the 29th September, 2015 In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs hereby makes the following amendments in the Notification… Read More
CBEC amends Exchange Rates of Foreign Currency
CLR Note: The Central Board of Excise and Customs has issued a notification dated 29th September, 2015 to make amendments to the notification no. 93/2015 dated 17th September, 2015 with respect to the exchange rates of the foreign currency which shall be effective from 30th September, 2015 and the rates are prescribed in Schedule I… Read More
FMC finally merges with SEBI
CLR Note: Finally, SEBI merges with FMC and there are certain important facts which are listed below explaining the facts of the merger and the history behind the merger of the two regulatory bodies. The amalgamation of Forward Markets Commission (FMC), the erstwhile commodities regulatory body, with capital markets watchdog Securities and Exchange Board of… Read More
Companies (Management and Administration) Second Amendment Rules, 2015
Government of India Ministry of Corporate Affairs Notification New Delhi, 24th September, 2015 G.S.R. (E).-In exercise of the powers conferred by sections 88, 89,91,92, 93,94, 101, 105, 108, 109, 110, 115, 117, 118, 119, 120 and 121 read with sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central… Read More
Format for compliance report on Corporate Governance to be submitted to Stock Exchange (s) by Listed Entities
CIRCULAR CIR/CFD/CMD/ 5 /2015 September 24, 2015 To All… Read More
SEBI cautions public to deal with only SEBI registered investment advisers and research analysts
PR No. 235/2015 SEBI cautions public to deal with only SEBI registered investment advisers and research analysts The general public is hereby cautioned to deal with only SEBI registered investment advisers and research analysts for availing investment advisory services/ research services. The details of SEBI registered investment advisers and research analysts are available on the… Read More
Govt to relax FDI sectoral caps
Economic affairs secretary Shaktikanta Das said on Wednesday that the government would take action in the coming weeks/months to further liberalise FDI sectoral caps, address the stressed assets issue in the banking sector and deepen the corporate bond and stock markets. The government will not wait for the Budget to take the policy initiatives¦ policy… Read More
ECB rules to be liberalised soon
Economic Affairs Secretary Shaktikanta Das on Wednesday said that the Reserve Bank of India (RBI) would soon come out with draft report on liberalising External Commercial Borrowings (ECB). The Reserve Bank of India will soon issue a draft paper on liberalisation of certain external commercial borrowing norms to ensure funds are available to needy corporates.… Read More
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