Legal Updates - Corporate Law Reporter

Anti dumping duty imposed on New/unused pneumatic radial tyres originating in or exported form china

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 45/2017-Customs (ADD) New Delhi, the 18th September, 2017 G.S.R. (E).- Whereas in the matter of “New/unused pneumatic radial tyres with or without tubes and/or flap of rubber (including tubeless… Read More

Non-banking institution carrying “the business of a peer to peer lending platform” to be a NBFC

RESERVE BANK OF INDIA (Department of Non-Banking Regulation) NOTIFICATION Mumbai, the 24th August, 2017 No. DNBR. 045/CGM (CDS)-2017.—The Reserve Bank of India, on being satisfied that it is necessary to do so, in exercise of the powers conferred on it by sub-clause (iii) of clause (f) of section 45-I of the Reserve Bank of India… Read More

CBDT proposes mechanism for Voluntary Reporting of Estimated Current Income and Advance Tax Liability

F.No.370142/27/2017-TPL Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) ********************************* New Delhi, September 19, 2017 Sub: Draft Notification for insertion of new rule 39A in the Income-tax Rules, 1962– comments and suggestions-reg. It is proposed to create a mechanism for self-reporting of estimates of current income, tax payments and… Read More

Subsidiary Payment Banks & Small Finance Banks to comply with Indian Accounting Standards

General Circular No. 10/2017 F. No. 01/01/2009-CL-V (Pt.IV) Government of India Ministry of Corporate Affairs 5th floor , A Wing , Shastri Bhawan, Dr.R.P.Road , New Delhi-110001 Dated:- 13th September, 2017 To All Regional Directors All Registrar of Companies , All Stakeholders Sub:- Obligation to comply with the Indian Accounting Standards() and Rule 4… Read More

EPFO discontinues submission of Form-9 in Physical Form

Employees’ Provident Fund Organisation (Ministry of Labour & Employment, govt. of India) Head Office Bhavishya Nidhi Bhavan, 14- Bhikhaji Cama Place, New Delhi -110066 No.:WSU/10(1)2011/Changes in MAP/13172 … Read More

SEBI approves amendment to InvITs and REITs Regulations

PR No.: 57/2017 SEBI Board Meeting … Read More

EPFO approves composite Pension Payment Order form to replace the existing

Employees’ Provident Fund Organisation (Ministry of Labour & Employment , govt. of India) Head Office Bhavishya Nidhi Bhavan, 14- Bhikhaji Cama Place, New Delhi -110066 No.: Pension –I/17/(1)/2000/PPO … Read More

Export Policy of Pulses- Removal of prohibition on export of Pulses (Toor dal, Moong and Urad) till further orders

Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Notification No. 28/2015-2020 New Delhi, Dated: 15th September, 2017 Subject: Export Policy of Pulses – Removal of prohibition on export of Pulses (Toor dal, Moong and Urad) till further orders – regarding. In exercise of the powers conferred… Read More

Tariff Notification: Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION-3, SUBSECTION (ii)] Government of India Ministry of Finance (Department of Revenue) (Central Board of Excise and Customs) Notification No. 87/2017-CUSTOMS (N.T.) New Delhi, 15th September, 2017 24 Bhadrapada, 1939 (SAKA) S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section… Read More

Govt. amends certain customs notifications in pursuance to change made in Budget 2017-18

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No.76 /2017-Customs New Delhi, the 15 th September, 2017 G.S.R. (E). – In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52… Read More

MCA and CBDT signs MOU to curb the menace of Shell Companies and Money Laundering

MOU between the Ministry of Corporate Affairs and Central Board of Direct Taxes (CBDT) for Automatic and Regular Exchange of Information Taking forward the initiative launched by the Government of India to curb the menace of shell companies, money laundering and black money in the country and prevent misuse of corporate structure by shell companies… Read More

MACS to adopt Secretarial Standards issued by ICSI as the Bemchmark

Malaysian Association of Company Secretaries (MACS) to adopt the Secretarial Standards issued by the Institute of Company Secretaries of India (ICSI) as the benchmark. The Ministry of Corporate Affairs has approved a request of the Malaysian Association of Company Secretaries (MACS) for adoption of the Secretarial Standards issued by the Institute of Company Secretaries of… Read More

Govt. notifies General Insurance (Rationalisation and Revision of Pay Scales ) Amendment Scheme

MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 13th September, 2017 S.O. 3019(E).—In exercise of the powers conferred by section 17A of the General Insurance Business (Nationalisation) Act, 1972 (57 of 1972), the Central Government hereby frames the following Scheme further to amend the General Insurance (Rationalisation and Revision of Pay Scales… Read More