Demonetization of currency

MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 8th November, 2016 S.O. 3408(E).—Whereas, by the notification of the Government of India in the Ministry of Finance, vide F. No. 10/3/2016-Cy.I dated 8th November, 2016 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), dated the 8th November, 2016,… Read More

ICAI President’s Message – November 2016

Dear professional colleagues, Recently, Prime Minister Shri Narendra Modi said: "For me, more than what the world thinks of the government, what the image of the country is, is important. Substance over symbolism. Empowerment over entitlement…." Basically, either we give power and confidence and/or legal rights to people to enable, or we simply give authority,… Read More

Extension of date for submitting comments on the Consultation paper on Amendments/Clarifications to the SEBI

PR No. 153/2016   Extension of date for submitting comments on the Consultation paper on Amendments/Clarifications to the SEBI (Investment Advisers) Regulations, 2013 issued on October 07, 2016 SEBI issued consultation Paper proposing Amendments/Clarifications to the SEBI (Investment Advisers) Regulations, 2013 and public comments were sought till November 04, 2016. Based on the representations received… Read More

MCA revises new version of forms 23C and 23D

Forms 23C and 23D are recently revised on MCA21 Company Forms Download page. Stakeholders are advised to check the latest version before filing. Read More

PAN validation with CBDT systems is temporarily unavailable

Stakeholders are informed that PAN validation with CBDT systems is temporarily unavailable and efforts are being made to restore the interface at the earliest. Stakeholders will not be able to file DIR-3 form or perform ‘Associate DSC with PAN’ on MCA portal until the PAN validation interface is restored. Inconvenience caused to Stakeholders is regretted. Read More

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Selection of an agency for creative designing, development and maintenance of CIPAM website

The Cell for IPR Promotion and Management (CIPAM), DEPARTMENT OF INDUSTRIAL POLICY AND PROMOTION Ministry of Commerce and Industry, Government of India has released Selection of an agency for creative designing, development and maintenance of CIPAM website Dated: 4th November 2016. Please click on the below link to download: Selection of an agency for creative designing, development… Read More

Chapter VI-A deduction on enhanced profits

The Central Board of Direct Taxes has issue a notification F.No.279/Misc./140/2015/ITJ dated 2nd November, 2016. Click here to download  Chapter VI-A deduction on enhanced profits Read More

MCA portal will not be available from 4th Nov – 5th Nov 2016

Services on MCA21 portal will not be available from 09:00PM, 4th Nov 2016 to 07:00AM, on 5th Nov 2016. Stakeholders are requested to plan accordingly. Read More

Issue of Rupee Denominated Bonds overseas

RBI/2016-17/108 DBR.BP.BC.No.28 /21.06.001/2016-17 November 03, 2016 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Issue of Rupee Denominated Bonds overseas Please refer to A.P. (DIR Series) Circular No.14 dated November 03, 2016 on issue of rupee denominated bonds overseas by Indian banks. 2. We advise that banks are permitted to raise funds through… Read More

Enhanced Standards for Credit Rating Agencies (CRAs)

CIRCULAR SEBI/HO/MIRSD/MIRSD4/CIR/P/2016/119 November 1, 2016 To All Credit Rating Agencies Registered with SEBI Dear Sir/ Madam, Sub: Enhanced Standards for Credit Rating Agencies (CRAs) 1. SEBI constituted a committee on “Strengthening the Guidelines and Raising Industry Standards for Credit Rating Agencies (CRAs)”, which included representatives from all the CRAs. The objective of the Committee was… Read More

Constitution of Steering Committee for conducting ‘National Corporate Social Responsibility Award’ of Ministry of Corporate Affairs

The Ministry of Corporate Affair has issued Constitution of Steering Committee for conducting 'National Corporate Social Responsibility Award' of Ministry of Corporate Affairs dated 15.09.2016. Click here to download Constitution of Steering Committee for conducting 'National Corporate Social Responsibility Award' of Ministry of Corporate Affairs Read More

MCA releases new forms MGT-7 and GNL-4

Forms MGT-7 and GNL-4 are recently revised on MCA21 Company Forms Download. Stakeholders are advised to check the latest version before filing. Read More

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