Legal Updates - Corporate Law Reporter

Inviting Suggestions on the drafted Background Material of Certificate Course on Fundamental and Technical Analysis of Stocks including Equity Research

Committee on Financial Markets and Investors’ Protection of ICAI is launching a new Certificate course on Fundamental and Technical Analysis of Stocks including Equity Research.Course curriculum and drafted background material of the same is available for your reference. Course curriculum of Certificate Course on Fundamental and Technical Analysis of Stocks including Equity Research Drafted Background… Read More

Chartered Accountant Procedures of Meetings of Quality Review Board , and Terms and Conditions of Service and Allowances of the Chair Person and Members of the Board (Amendment Rules), 2016

Note: The principal rules were published in the Gazette of India, Extraordinary, Part-II , Section 3, Sub Section number G.S.R. 735(E), dated the 27th November, 2006 and subsequently amended vide notification number G.S.R. 152(E), dated the 5th March, 2009, G.S.R. 8(E), dated the 10th January, 2012 and G.S.R. 32(E), dated the 16th January, 2014. To… Read More

Notice Inviting Comments on the Draft Companies (Cost Records and Audit) Amendment Rules, 2016

GOVERNMENT OF INDIA Ministry of Corporate Affairs NOTICE INVITING COMMENTS ON THE DRAFT COMPANIES (COST RECORDS AND AUDIT) AMENDMENT RULES, 2016 Dated the 23 rd February, 2016 1. The Draft Companies (Cost Records and Audit) Amendment Rules, 2016 has been placed on the Ministry’s website at www.mca.gov.in. It has been decided to invite suggestions/comments on… Read More

Finance Minister Shri Arun Jaitley inaugurates an exhibition on the “Coin and Currency of India”

PRESS INFORMATION BUREAU GOVERNMENT OF INDIA ***** Finance Minister Shri Arun Jaitley inaugurates an exhibition on the “Coin and Currency of India” in the Great Hall of North Block; Exhibition depicts how money has changed in appearance and substance and evolved from barter to coins to the present day bank notes and e-money New Delhi,… Read More

ECI Hosts Seminar on ‘Leveraging Technology for Transparent and Credible Elections’

Election Commission of India (ECI) today hosted an International Seminar on “Leveraging Technology for Transparent and Credible Elections”. The Seminar was organized for Members of the Executive Board of Association of World Election Bodies (A-WEB), and the Oversight & Audit Committee of A-WEB, who were in New Delhi to take part in the 4th Executive… Read More

Notification on Startup Scheme launched by Government

The Government of India has announced 'Startup India' initiative for creating a conducive environment for startups in India. The various Ministries of the Government of India have initiated a number of activities for the purpose. Download Notification on Start-up Scheme launched by Government Read More

Clarification for implementation of FATCA and CRS –regarding

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 19 February, 2016 Subject: Clarification for implementation of FATCA and CRS –regarding An Inter-Governmental Agreement between India and USA was signed for implementation of Foreign Account Tax Compliance Act (FATCA). The Government of India has also joined… Read More

Sebi prohibits an Auditor from issuing any certificates required under securities laws, directly or indirectly

Under section 11(4) read with 11B of the Securities and Exchange Board of India Act, 1992 in respect of Shri Shashi Bhushan, Proprietor of M/s. Bhushan Aggarwal & Co. In the matter of Ritesh Properties and Industries Limited. Download Sebi prohibits an Auditor from issuing any certificates required under securities laws, directly or indirectly Read More

Passing rectification order under section 154 of Income-tax Act, 1961

Instruction No. 2 /2016 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi, the 15th of February, 2016 Subject: Passing rectification order under section 154 Income-tax Act, 1961 -regd.- Instances have come to the notice of the Board that in some cases rectification order under section… Read More

Rate of exchange of conversion of the foreign currency with effect from 19th February, 2016

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No.29/2016 - Customs (N.T.) Dated the 18th February, 2016 29 Magha, 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 of the Central… Read More

Make In India Week concludes on a high note showcasing India’s manufacturing prowess

Make In India Week concludes on a high note showcasing India’s manufacturing prowess Manufacturing, Design and Innovation has been brought to the centre stage – Amitabh Kant Curtains came down on the first ever Make In India Week in Mumbai with the biggest show of manufacturing prowess, concluding on a high note. The week long… Read More

Following the prescribed time-limit in passing order under sub-section (8) of section 154 of Income-tax Act, 1961

Instruction No..P.I.../2016 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi, the 15th of February, 2016 Subject: Following the prescribed time-limit in passing order under sub-section (8) of section 154 of Income-tax Act, 1961-regd.- Sub-section (8) of section 154 of the Income-tax Act, 1961 (`Act') stipulates… Read More

Frauds – Future approach towards monitoring of frauds in NBFCs

RBI/2015-16/327 DNBR (PD) CC.No.075/03.10.001/2015-16 February 18, 2016 All Deposit taking NBFCs (including RNBCs) and NBFCs- ND-SI Madam/ Sir, Frauds - Future approach towards monitoring of frauds in NBFCs Please refer to circulars DNBS.PD.CC.No.127/ 03.10.42/2008-09 dated August 14, 2008, DNBS.PD.CC.No.256/03.10.042/2011-12 dated March 02, 2012 andDNBS.PD.CC.No.314/03.10.042/2012-13 dated December 13, 2012 on the captioned subject. It has been… Read More