RBI/2015-16/368 DCBR.CO.PCB.Cir.No.14/09.18.300/2015-16 Chaitra 24,1938 April 13, 2016 Chief Executive Officers Primary (Urban) Cooperative Banks Dear Sir/Madam Scheme for providing Financial Assistance to Urban Cooperative Banks for Implementation of Core Banking Solution As announced in the First Bi-monthly Monetary Policy Statement-2016-17 dated April 05, 2016 (copy enclosed), it has been decided to prescribe standards and benchmarks… Read More
RBI/2015-16/371 A.P. (DIR Series) Circular No.59 April 13, 2016 To All Authorised Dealer Banks Madam / Sir, Acceptance of deposits by Indian companies from a person resident outside India for nomination as Director Attention of Authorised Dealers Banks is invited to Regulation 3 of the Foreign Exchange Management (Deposit) Regulations, 2016, notified vide Notification No.… Read More
RBI/2015-16/373 A.P. (DIR Series) Circular No.61 April 13, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Overseas Direct Investment - Submission of Annual Performance Report Attention of the Authorised Dealer (AD - Category I) banks is invited to the Notification No. FEMA 120/RB-2004 dated July 7, 2004 [Foreign Exchange Management (Transfer or Issue… Read More
RBI//2015-16/374 A.P. (DIR Series) Circular No.62 April 13, 2016 To All Category-I Authorised Dealer Banks Madam / Sir, Overseas Direct Investment (ODI) – Rationalization and reporting of ODI Forms Attention of the Authorised Dealer (AD - Category I) banks is invited to the Notification No. FEMA 120/RB-2004 dated July 7, 2004 [Foreign Exchange Management (Transfer… Read More
RBI/2015-16/372 A.P. (DIR Series) Circular No.60 April 13, 2016 To All Category-I Authorised Dealer Banks Madam / Sir, 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. 17 dated September 29, 2015 on issuance… Read More
General Circular No. 03/2016 FNo.01/34/2013 CL-V Government of India Ministry of Corporate Affairs 5th Floor, A Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi - 110001 Dated the 12th April, 2016 All Regional Directors, All Registrar of Companies, All stakeholders. Subject: Relaxation of additional fees and extension of last date of filing of various… Read More
Central Board of Direct Taxes has release Notification No. 5/2016 dated 6th of April 2016 on Electronic Verification Code (EVC) for electronically filed Form of Appeal to Commissioner (Appeals). To download the complete notification, please click on the link below: Electronic Verification Code (EVC) for electronically filed Form of Appeal to Commissioner (Appeals) Read More
Forms DIR-12, INC-22 and MGT-7 have been recently updated on MCA21 company Forms page. All the Stakeholders are advised to download the latest version before filing Read More
PR No. 77/2016 Amendment of Guidance Note on SEBI (Prohibition of Insider Trading) Regulations, 2015 Guidance Note on SEBI (Prohibition of Insider Trading) Regulations, 2015 (“PIT Regulations”) was issued on August 24, 2015 under regulation 11 of the PIT Regulations providing guidance to the market to remove certain difficulties in the interpretation or… Read More
PR No. 76/2016 SEBI officers discuss agenda for future in the Annual Brainstorming Session The fifth edition of the SEBI Brainstorming session was held on April 6-8, 2016 at Khopoli (Lonavala). The event was attended by more than 100 senior SEBI officers including its entire top management i.e., Executive Directors, Whole Time Members and… Read More
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 11th April, 2016 Sub: Signing of Agreements with respect to Taxes between India and Maldivesreg-. The Government of the Republic of India and the Government of the Republic of Maldives signed two Agreements - for the Exchange… Read More
RBI/2015-16/363 DNBR (PD) CC.No.077/03.10.001/2015-16 April 7, 2016 All Systemically Important Non- Deposit accepting or Holding Non-Banking Financial Companies (NBFC-NDSI) Madam/ Sir, Applicability of Concentration of Credit/ Investment Norms In terms of second proviso to sub para (1) of para 24 of the Systemically Important Non-Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank)… Read More
Guidelines on Cross Border Reinsurers Ref: IRDAI/NL/GDL/RIN/017/01/2016 Date: 19-01-2016 1. Introduction The Authority had vide Circular ref IRDA/NL/GDL/RIN/015/01/2012 dated 06- 01-2012 issued Guidelines on submission of information on Cross Border Reinsurers not having any physical presence in India and do reinsurance business with Indian insurance companies. The above guidelines are revised herewith in order to… Read More