CBEC issues corrigendum to NOT No. 46/2017- dt. 30th June, 2017

CORRIGENDUM New Delhi, the 22nd July, 2017 G.S.R. 943(E).—In the notification of the Government of India, in the Ministry of Finance, Department of Revenue, No. 46/2017-Customs, dated the 30th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 781(E), dated the 30th June, 2017,— (i) at… Read More

Govt. issues corrigendum to NOT No. 43/2017-Customs, dated the 30th June, 2017

CORRIGENDUM New Delhi, the 22nd July, 2017 G.S.R. 941(E).—In the notification of the Government of India, in the Ministry of Finance, Department of Revenue, No. 43/2017-Customs, dated the 30th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 778(E), dated the 30th June, 2017,— (i) at… Read More

Government issues corrigendum to NOT No. 45/2017-Customs, dt. the 30th June, 2017

CORRIGENDUM New Delhi, the 22nd July, 2017 G.S.R. 942(E).—In the notification of the Government of India, in the Ministry of Finance, Department of Revenue, No. 45/2017-Customs, dated the 30th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 780(E), dated the 30th June, 2017,— (i) at… Read More

Govt. issues corrigendum to NOT No. 38/2017-Customs dt. 30th June, 2017

MINISTRY OF FINANCE (Department of Revenue) CORRIGENDUM New Delhi, the 22nd July, 2017 G.S.R. 940(E).—In the notification of the Government of India, in the Ministry of Finance, Department of Revenue, No. 38/2017-Customs, dated the 30th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 773(E), dated… Read More

MCA constitutes 2 committees to review 10 years old and above cases of different regions

No. 16/37/2017 -Legal Government of India Ministry of Corporate Affairs 5th Floor, “A” Wing, Shastri Bhawan, Dr. R.P. Road, New Delhi- 110001 Dated: 25.07.2017 ORDER Subject: Constitution of two Review Committee (s) for reviewing the 10 year old and above cases of different regions and in office of SFIO for withdrawal of prosecutions – regarding Pursuant… Read More

EPFO revises procedure for implementation of e-court software

EMPLOYEE’S PROVIDENT FUND ORGANIZATION (Ministry of Labour & Employment, Govt. of India) No. C-I/1(63)2017/e-court/7647 Date- 24th July, 2017 To, All ACCs (Zones) All RPFCs-I/RPFCs-II, Regional Offices Sub:- Implementation of e-court software- revised procedure. Sir, As you are aware, in the e-court software the allotment of 7A & 14B cases among assessing authorities is automatic so… Read More

MCA clarifies applicability of exemptions to private companies under Companies Act

 Ministry clarifies about the applicability of  the notification No.G.S.R.583(E) dated 13th June, 2017. The exemption shall be applicable for those audit reports in respect of which financial statements pertaining to financial years-commencing on or after 1st April,2016, which are made on or after the date of the said notification. General Circular No. 08 /2017 F.No. W2014-… Read More

SEBI introduces Online Filing System for REITs and InvITs

SECURITIES EXCHANGE BOARD OF INDIA CIRCULAR SEBI/HO/IMD/DF1/CIR/P/2017/83 July 24, 2017   All Registered Infrastructure Investment Trusts All Registered Real Estate Investment Trusts   Dear Sir/Madam,   Sub: Online Filing System for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) 1. In order to facilitate ease of operations in terms of applying for registration,… Read More

SEBI releases circular on Position Limits for Agricultural Commodity Derivatives

SECURITIES EXCHANGE BOARD OF INDIA CIRCULAR SEBI/HO/CDMRD/DMP/CIR/P/2017/84 July 25, 2017 To, The Managing Directors / Chief Executive Officers All National Commodity Derivatives Exchanges Sir / Madam, Sub.: Position Limits for Agricultural Commodity Derivatives 1. SEBI vide its circular No. CDMRD/DMP/CIR/P/2016/96 dated September 27, 2016 had updated and consolidated norms with regard to position limits of… Read More

JLF or IBC? – Can a single dissenting lender derail the process adopted by other lenders under extant JLF Guidelines?

Reserve Bank of India (“RBI”) and Government of India (“GoI”) have been relentlessly showing their willingness to resolve the near about 6 Lakh Crores worth of Non Performing Assets in the country. Manifesting such willingness, GoI has passed the Banking Regulation (Amendment) Ordinance, 2017 to equip RBI to direct insolvency resolution of specific companies to… Read More

Income Tax Department celebrates Aaykar Diwas 2017

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 24th July, 2017. PRESS RELEASE Income Tax Department celebrates Aaykar Diwas 2017 The Aaykar Diwas – Income Tax Day was celebrated today across India. The main function at Vigyan Bhavan, New Delhi was graced by the Honourable Finance Minister… Read More

RBI releases Master Direction – Lending to MSME Sector

Dear Sir/Madam, Master Direction - Lending to Micro, Small & Medium Enterprises (MSME) Sector As you are aware, the Reserve Bank of India has, from time to time, issued a number of guidelines / instructions / circulars / directives to banks in the matters relating to lending to Micro, Small & Medium Enterprises Sector. The Master… Read More

Special Deposit Scheme subscribers to get 7.8% interest per annum

MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 17th July, 2017 No. 5(4)-B(PD)/2017.—It is hereby notified that the deposits made under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds, announced in the Ministry of Finance (Department of Economic Affairs) Notification No.F.16(1)-PD/75 dated 30th June, 1975, shall with effect from… Read More

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