MOS (Finance & Corporate Affairs) releases a Compendium of CSR: Best Practices in India
The Union Minister of State (Finance & Corporate Affairs) Shri Arjun Ram Meghwal: India has had a long history of social responsibility; Underlined the need for introducing innovations to be able to effectively contribute to social development and nation building through CSR projects. The Union Minister of State for Finance and Corporate Affairs, Shri Arjun Ram… Read More
SEBI amends Investor Grievance Redressal System and Arbitration Mechanism
CIRCULAR CIR/CDMRD/DEICE/CIR/P/2017/7 7 July 11, 2017 To, The Managing Directors / Chief Executive Officers All National Commodity Derivatives Exchanges Sir/Madam, Subject: Amendment to Investor Grievance Redressal System and Arbitration Mechanism 1. SEBI, vide its Circular No. CIR/CDMRD/DIECE/02/2015 dated November 16, 2015, mandated Investor Grievance Redressal System and Arbitration Mechanism to National Commodity Derivatives Exchanges (herein… Read More
SEBI amends guidelines on participation of EFI’s and FPIs in IFSC
SEBI amends the Guidelines for participation/functioning of Eligible Foreign Investors (EFIs) and FPIs in IFSC CIRCULAR SEBI/HO/CIR/P/2017/79 … Read More
Discussion Paper on Growth and Development of Equity Derivatives Market in India :SEBI
Discussion Paper on Growth and Development of Equity Derivatives Market in India Objective 1. To solicit the comments/views from stakeholders including on issues related to trading in derivatives, participant’s profile, product mix, stock eligibility, leverage related matters and product suitability framework to further strengthen the framework in line with the emerging trends and global best… Read More
Govt. amends Securities Contracts (Regulation) Rules , 1957
MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 3rd July, 2017 G.S.R. 822(E).— In exercise of the powers conferred by section 30 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956), the Central Government hereby makes the following rules further to amend the Securities Contracts (Regulation) Rules, 1957, namely:— 1. (1)… Read More
Guidelines for selection of cases for scrutiny during the FY 2017-2018:CBDT
Instruction No. 05/2017 Government of India Ministry of Finance Department of Revenue (CBDT) North-Block, New Delhi the 7th of July, 2017 To All Pr. Chief-Commissioners of Income-tax/Chief-Commissioners of Income-tax All Pr. Directors-General of Income-tax/Directors-General of Income-tax Sir/Madam Subject: Guidelines for selection of cases for scrutiny during the financial-year 2017-2018-regd.- In supersession of earlier… Read More
REVERSE PIERCING OF CORPORATE VEIL: AN UNEMPLOYED PHENOMENON IN INDIA
Abstract The foundation of corporate governance rests on the principle that a company is a separate legal entity, distinct from its members and its shareholders offering them financial protection. Gradually, Courts realized that this ensured limited liability of individuals is often abused to achieve their selfish goals. The necessary ascent of an equitable doctrine of… Read More
MoS to release a Compendium of Best Practices of CSR tomorrow
The Minister of State of Finance and Corporate Affairs Shri Arjun Ram Meghwal to release a Compendium of CSR : Best Practices in India tomorrow; Compendium to highlight and motivate the best CSR practices of Corporate contributed under CSR projects towards nation building efforts for sustainable development. The Minister of State of Corporate Affairs and… Read More
No GST is applicable on such food supplied free:PIB
No GST is applicable on free food supplied in anna kshetras run by religious institutions; prasadam supplied by religious places like temples, mosques, churches, gurudwaras, dargahs, etc. attracts Nil CGST and SGST or IGST, as the case may be. There are media reports suggesting that GST applies on free food… Read More
CG constitutes a Committee under Mines Act, 1952
MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 19th June, 2017 S.O. 2175(E).— In exercise of the powers conferred by section 12 of the Mines Act, 1952 (35 of 1952) read with rule 3 of the Mines Rules, 1955, and in supersession of the notification of the Government of India in the Ministry of… Read More
UIDAI amend the Aadhaar (Enrolment and Update) Regulations, 2017
UNIQUE IDENTIFICATION AUTHORITY OF INDIA NOTIFICATION New Delhi, the 11th July, 2017 AADHAAR (ENROLMENT AND UPDATE) (THIRD AMENDMENT) REGULATIONS, 2017 (No. 3 of 2017) No. 13012/79/2017/Legal-UIDAI (No. 3 of 2017).—In exercise of the powers conferred by sub-section (1) and sub-clause (n) of sub-section (2) of Section 54 of the Aadhaar (Targeted Delivery of Financial and… Read More
CBEC amends Not. No. 50/2017-Customs, dt. 30th June, 2017
Central Government makes the following amendments in the notification No. 50/2017-Customs, dated the 30th June, 2017. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 10th July, 2017 No. 66/2017-Customs G.S.R. 853(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) and sub-section (12) of section… Read More
Corrigendum to Notification No. 16/2017-Central Tax
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF EXCISE AND CUSTOMS) CORRIGENDUM New Delhi, the 10th July, 2017 G.S.R. 854(E).—In the notification of the Government of India, in the Ministry of Finance, Department of Revenue, No. 16/2017-Central Tax , dated the 7th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section… Read More
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