CIRCULAR SEBI/HO/CDMRD/DMP/CIR/P/2016/87 September 16, 2016 To, The Managing Directors / Chief Executive Officers All Commodity Derivatives Exchanges Dear Sir / Madam, Sub: Unique Client Code (UCC) and Mandatory requirement of Permanent Account Number (PAN) 1. As per Section 131(4) of Finance Act, 2015 all rules, directions, guidelines, instructions, circulars, or any like instruments, made by… Read More
CIRCULAR SEBI/HO/CDMRD/DRMP/CIR/P/2016/86 September 16, 2016 To, The Managing Directors/Chief Executve Officers, National Commodity Derivatives Exchanges Sir/Madam, Sub: Settlement Guarantee Fund, Stress Testing and Base Minimum Capital 1. As per Section 131 (4) of the Finance Act, 2015 all rules, directions, guidelines, instructions, circulars, or any like instruments, made by the erstwhile Forward Markets Commission (FMC)… Read More
Chapter 1: Introduction 1. It has been well recognized that a well-developed corporate bond market complements a sound banking system in providing an alternative source of finance to the real sector for its long-term investment needs. An active corporate bond market also helps in the diversification of risks in the financial system. In order to… Read More
Meeting taken by Prime Minister to review the preparedness for rollout of Goods and Services tax(GST) The Prime Minister held a meeting to review the preparedness for rollout for GST on 14th September, 2016. The meeting was attended by Union Finance Minister, both the Ministers of State for Finance, senior officers from the Prime Ministers… Read More
I. MERCHANDISE TRADE EXPORTS (including re-exports) During August,2016 exports were valued at US$ 21518.60 million (Rs.144044.67 crore) which was 0.30 per cent lower in Dollar terms (2.56 per cent higher in Rupee terms) than the level of US$ 21582.67 million (Rs.140443.43 crore) during August,2015. Cumulative value of exports for the period April-August 2016-17 was US$ 108519.94… Read More
CIRCULAR SEBI/HO/MIRSD3/CIR/P/2016/0000000085 September 15 , 2016 To All recognized Stock Exchanges All Registrars to an Issue and Share Transfer Agents registered with SEBI All Depositories, Sir / Madam, Sub: Standardization and Simplification of Procedures for Transmission of Securities 1. With a view to make the process of transmission of securities more efficient and investor friendly,… Read More
RBI/2016-17/63 DPSS.CO.PD No.812/02.14.003/2016-17 September 15, 2016 All Scheduled Commercial Banks including RRBs/ Co-operative Banks / State Co-operative Banks/ Central Co-operative Banks/ Authorised Card Payment Networks Dear Madam / Sir, Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions – Issuance of EMV Chip and PIN Cards A reference is invited to our… Read More
Circular No.33 of 2016 F.No.142/11/2016-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) *** Dated: 12th September, 2016 Clarifications on the Direct Tax Dispute Resolution Scheme, 2016 The Direct Tax Dispute Resolution Scheme, 2016 (hereinafter referred to as ‘the Scheme’) incorporated as Chapter X of the Finance… Read More
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi Dated the 14th of September, 2016 Clarification req. u/s 119 of the Income-tax Act, 1961 dated 9th September 2016 Central Board of Direct Taxes, vide order u/s 119 of the Income-tax Act, 1961 (Act) dated 9th September, 2016, has… Read More
Press Information Bureau Government of India Cabinet 31-August-2016 13:23 IST Cabinet approves grant of Permanent Residency Status to Foreign Investors The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has approved the scheme for grant of Permanent Residency Status (PRS) to foreign investors subject to the relevant conditions as specified in the… Read More
RBI/DNBR/2016-17/46 Master Direction DNBR.PD.009/03.10.119/2016-17 September 02, 2016 Master Direction- Non-Banking Financial Company - Account Aggregator (Reserve Bank) Directions, 2016 The Reserve Bank of India, (the Bank), in exercise of the powers conferred under section 45JA of the Reserve Bank of India Act, 1934 (hereinafter referred to “the Act”), and of all the powers enabling it… Read More
Forms 20B and 23AC were recently revised on MCA21 Company Forms Download page. Stakeholders are advised to check the latest version before filing. Read More
The Ministry of Corporate Affairs has issued Notification for amendment to Schedule V of Companies Act, 2013 dated 12th September, 2016 Amendment to Schedule V of Companies Act, 2013 Read More