Corporate Law Reporter - The Daily Journal

Revision of interest rates for Small Savings Schemes

RBI/2016-17/82 DGBA.GAD.881/15.02.005/2016-17 October 13, 2016 The Chairman/Chief Executive Officer Agency Banks handling Public Provident Fund, Kisan Vikas Patra- 2014, Sukanya Samriddhi Account, Senior Citizen Savings Scheme-2004 Dear Sir Revision of interest rates for Small Savings Schemes Please refer to our circular DGBA.GAD.13/15.02.005/2016-17 dated July 7, 2016 on the above subject. The Government of India, had… Read More

Income-tax (27th Amendment) Rules, 2016

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 7th October, 2016 (Income-tax) S.O. 3179(E).—In exercise of the powers conferred by clause (b) of section 13B, read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules… Read More

Income–tax ( 26th Amendment) Rules, 2016

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 6th October 2016 S.O. 3160(E).—In exercise of the powers conferred by section 139A and section 285BA, read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further… Read More

Income–tax (25th Amendment) Rules, 2016

MINISTRY OF FINANCE (Department Of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 05th October, 2016 S.O. 3150 (E).— In exercise of the powers conferred by section 295 read with sub-section (2) of section 270AA of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following… Read More

Income-tax (24th Amendment) Rules, 2016

The MINISTRY OF FINANCE (Department Of Revenue) Central Board of Direct Taxes issues a notification dated 04th October, 2016, please click on the below link to download the rules Income-tax (24th Amendment) Rules, 2016 Read More

Income-Tax (23rd Amendment) Rules, 2016 – Amendment in Form No.3CD

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 29th September, 2016 INCOME-TAX S.O. 3080(E).— In exercise of the powers conferred by section 44AB, read with section 295 of the Income-tax Act,… Read More

Direct Tax Collections up to September, 2016 up by 8.95%

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 9th October, 2016. PRESS RELEASE Sub: Direct Tax Collections up to September, 2016 up by 8.95% The figures for direct tax collections up to September, 2016 show that net collections are at Rs.3.27 lakh crore which is 8.95% more… Read More

Major Achievements of MCA for August, 2016

Ministry of Corporate Affairs Important policy decisions taken and major achievements during the month of August, 2016 (I) Circulars: - In view of the references received from stakeholders seeking clarification on the applicability of provisions of Chapter III of the Companies Act, 2013 (Act) and Rule 18 of Companies (Share Capital and Debenture) Rules, 2014… Read More

Operating Guidelines for Payments Banks

RBI/2016-17/80 DBR.NBD.No.25/16.13.218/2016-17 October 6, 2016 Chief Executive Officers of Payments Banks Madam / Dear Sir, Operating Guidelines for Payments Banks Please refer to the Guidelines for Licensing of Payments Banks (‘Licensing Guidelines’) dated November 27, 2014, under which in-principle approvals/ licences were issued to the applicants for setting up of the payments banks. 2. The… Read More

Import Data Processing and Monitoring System (IDPMS)

RBI/2016-17/78 A.P. (DIR Series) Circular No. 05 October 06, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Import Data Processing and Monitoring System (IDPMS) Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to A.P. (DIR Series) Circular No.65 dated April 28, 2016 read with Section 5 of the Foreign Exchange Management… Read More

Change in Bank Rate

RBI/2016-17/74 DBR.No.Ret.BC.19/12.01.001/2016-17 October 04, 2016 The Chairperson / CEOs of all Scheduled and Non-Scheduled Banks, Dear Sir, Change in Bank Rate Please refer to circular DBR.No.Ret.BC.90/12.01.001/2015-16 dated April 05, 2016 on the captioned subject. 2. As announced in the Fourth Bi-Monthly Monetary Policy Statement 2016-17 dated October 04, 2016, the Bank Rate stands adjusted by… Read More

Exclusively listed companies of De-recognized/Non-operational/exited Stock Exchanges placed in the Dissemination Board (DB)

CIRCULAR SEBI/HO/MRD/DSA/CIR/P/2016/110 October 10, 2016 All recognised/Non-operational /Exited Stock Exchanges. All Exclusively Listed Companies in the Dissemination Board (shares of companies available for buying and selling and not for companies referred as vanishing companies.) Dear Sir/Madam, Sub: Exclusively listed companies of De-recognized/Non-operational/exited Stock Exchanges placed in the Dissemination Board (DB). 1. SEBI vide circular dated… Read More

MCA revises the version of e-forms

Forms MGT-15, FC-3, INC-4 , MGT-14, 23C, 23D, A-XBRL, I-XBRL, 23AC XBRL, 23ACA XBRL and AOC-4 XBRL Forms were recently revised on MCA21 Company Forms Download page. Stakeholders are advised to check the latest version before filing. Read More