MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 9th August, 2016 INCOME-TAX S.O. 2671(E).— In exercise of the powers conferred by section 295 read with clause (aa) of subsection (1) of section 12A of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby… Read More
CIRCULAR SEBI/HO/CDMRD/DEICE/CIR/P/2016/70 August 11, 2016 To The Managing Directors All National Commodity Derivatives Exchanges Sir/Madam, Subject: Annual System Audit of Stock Brokers / Trading Members of National Commodity Derivatives Exchanges 1. Pursuant to Section 131 of the Finance Act, 2015 and Central Government notification F.No. 1/9/SM/2015 dated August 28, 2015, all recognized associations under the… Read More
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 9th August, 2016 S.O. 2670(E).—In exercise of the powers conferred by sub-section (1B) of section 139 of the Incometax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following amendment in the notification of the… Read More
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 5th August, 2016 No. 65 /2016 INCOME-TAX S.O. 2616(E).—In exercise of the powers conferred by sub-clause (f) of clause (iii) of sub-section (3) of section 194A of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the… Read More
PR No. 131/2016 SEBI introduces e-payment facility for payment of penalties, disgorgement amounts, etc. In order to enable ease of paying penalties, disgorgement amounts, settlement amounts, legal charges and recovery amounts, SEBI is introducing an option for e-payment of such amounts. Such payments may be remitted to the SEBI accounts detailed below: Account No. for… Read More
CA Deepak Rathore As per Para 6 Borrowing costs may include: (a) Interest expense calculated using the effective interest method as described in Ind AS 39 Financial Instruments: Recognition and Measurement; (b) [Refer to Appendix 1] (c) [Refer to Appendix 1] (d) Finance charges in respect of finance leases recognised in accordance with Leases; and… Read More
CIRCULAR CIR/IMD/DF1/69/2016 August 10, 2016 To All Listed Entities All Recognized Stock Exchanges Dear Sir / Madam, Sub: Revised Formats for Financial Results and Implementation of Ind AS by listed entities which have listed their debt securities and/or non-cumulative redeemable preference shares 1. SEBI vide Circular No. CIR/IMD/DF1/9/2015 dated November 27, 2015, had prescribed formats… Read More
CIRCULAR SEBI/HO/IMD/DF2/CIR/P/2016/68 August 10, 2016 All Mutual Funds/Asset Management Companies (AMCs)/ Trustee Companies/Boards of Trustees of Mutual Funds Sir/ Madam, Subject: Circular on Mutual Funds A. Prudential limits in sector exposure for Housing Finance Companies (HFCs) 1. Presently, the guidelines for sectoral exposure in debt oriented mutual fund schemes put a limit of 25% at… Read More
“Make in India= Good Design=India Design Mark” An India Design Council and National Institute of Design Initiative in partnership with Department of Industrial Policy & Promotion, Government of India On Wednesday, June 29th, 2016 at Silver Oak, India Habitat Centre, New Delhi http://www.indiadesignmark.in/imark2017launch “Design is crucially important. We can’t have advances in technology any longer,… Read More
PM in Lok Sabha: GST is a Great Step by Team India, Great Step Towards Transformation PM describes the imminent passage of GST as a victory for Indian Democracy The Prime Minister, Shri Narendra Modi, today described the Goods and Services Tax (GST) as a “Great Step by Team India,” a “Great Step Towards Transformation,”… Read More
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 4th August, 2016. PRESS RELEASE Sub: Signing of Bilateral Advance Pricing Agreement by CBDT The Central Board of Direct Taxes (CBDT) entered into a Bilateral Advance… Read More
These FAQs offer only a simplistic explanation/clarification of terms/concepts related to the SEBI (Delisting of Equity Shares) Regulations, 2009 [“Delisting Regulations, 2009”]. Any such explanation/clarification that is provided herein should not be regarded as an interpretation of law nor be treated as a binding opinion/guidance from the Securities and Exchange Board of India [“SEBI”]. For… Read More
The Security and Exchange Board of India has issued Discussion paper on 'Strengthening of the Regulatory framework for Algorithmic Trading & Co-location’. Please click on the below link to download the discussion paper: Discussion paper on Strengthening of the Regulatory framework for Algorithmic Trading & Co-location Read More