Revenue Secretary’s presentation on next steps required on Goods Services Tax Revenue Secy’s presentation on next steps required on Goods and Service Tax (GST)
Revenue Secretary's presentation on next steps required on Goods Services Tax Revenue Secy's presentation on next steps required on Goods and Service Tax (GST) Please click on below link to download Report: Goods and Service Tax (GST) Read More
RBI’s Survey of Foreign Liabilities and Assets of MFs – 2015-16
The Reserve Bank today released, on its website, the data related to results of the 2015-16 round of the Survey of Foreign Liabilities and Assets of the Mutual Fund Companies. These data are compiled from the annual survey of India’s Foreign Liabilities and Assets (FLA) of the Mutual Fund Companies (MFs) and Asset Management Companies… Read More
CLIENT REGISTRATION DOCUMENTS IN VERNACULAR LANGUAGES
PR No. 130/2016 CLIENT REGISTRATION DOCUMENTS IN VERNACULAR LANGUAGES SEBI had prescribed the following documents in order to make clients aware of their rights and obligations vis-à-vis the stock broker & sub-broker, make the clients aware of the risks involved in trading in securities market, bring in uniformity in the documents being signed… Read More
Issuance of rupee bonds to overseas investors by Indian companies – Clarification regarding applicability of provisions of Chapter III of the Companies Act, 2013
General Circular No: 09/2016 No. 1/21/2013-CL-V Government of India Ministry of Corporate Affairs 5th Floor, "A" Wing, Shastri Bhavan, Dr R.P. Road, New Delhi Dated: 03.08.2016 To All Regional Directors, All Registrars of Companies. Subject: Issuance of rupee bonds to overseas investors by Indian companies - Clarification regarding applicability of provisions of Chapter III of… Read More
Rajya Sabha passes GST Bill unanimously
Press Information Bureau Government of India Ministry of Finance 03-August-2016 15:32 IST Frequently Asked Questions (FAQs) on Goods and Services Tax (GST) Following are the answers to the various frequently asked questions relating to GST: Question 1.What is GST? How does it work? Answer: GST is one indirect tax for the whole nation, which… Read More
Applicable Law to the Contract, Arbitration Agreement and Arbitration Procedure
As could be expected, international arbitration's usually arise out of cross-border commercial transactions involving a complex interaction of laws. There are many issues—from the capacity of the parties to sign a contract to the recognition and enforcement of an award—that require the application of different laws and rules in order to resolve the dispute properly.… Read More
Amendment Notification 52/2003-Customs dated 31.3.2003
[TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (ii) OF THE GAZETTE OF INDIA (EXTRAORDINARY)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 44/2016-Customs New Delhi, the 29thJuly, 2016 S.O. (E).— In exercise of the powers conferred by sub-section (1) of section 25 of the… Read More
Discussion Paper on review of framework for Institutional Trading Platform
1. Background 1.1. The regulatory framework for Institutional Trading Platform (“ITP”) was put in place vide amendments notified to SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 (“ICDR Regulations”) on August 14, 2015. Various enabling amendments to other SEBI regulations i.e. on Takeover, Listing, Delisting and AIF were also notified. 1.2. Subsequently, SEBI has… Read More
ICAI President’s Message – August 2016
My Dear Professional Colleagues, The month of August holds a special significance for we people of India as we rejoice the event of our independence, remember and commemorate the hard work and sacrifices of our forefathers who made the dream of a free nation possible, as Independence Day on the 15th day of this month.… Read More
RBI releases Guidelines for ‘on tap’ Licensing of Universal Banks in the Private Sector
The Reserve Bank of India today released on its website, “Guidelines for ‘on tap’ Licensing of Universal Banks in the Private Sector”. Some of the key aspects of the Guidelines include: (i) resident individuals and professionals having 10 years of experience in banking and finance at a senior level are also eligible to promote universal… Read More
IEPF Authority (Recruitment, Salary and other Terms and Conditions of Service of Officers and other Employees) Rules, 2016
Ministry of Corporate Affairs The Investor Education and Protection Fund Authority (Recruitment, Salary and other Terms and Conditions of Service of officers and other employees) Rules, 2016 [approved by the Competent Authority yet to be legislatively vetted ] 1. Short title and commencement. - (1) These rules may be called the IEPF Authority (Recruitment, Salary… Read More
Section 10(46) of the Income-tax Act, 1961 – Exemption – StatutoryBody/Authority / Commission
MINISTRY OF FINANCE (Department of Revenue) (Central Board of Direct Taxes) NOTIFICATION New Delhi, the 26th July, 2016 S.O. 2527(E).—In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, Kerala Headload Workers Welfare… Read More
Relaxation of additional Fees and extension of last date of in filing AOC-4, AOC-4(XBRL), AOC-4(CFS) and MGT-7 under the Companies Act, 2013
The Ministry of additional Fees and extension of last date of in filing AOC-4, AOC-4(XBRL), AOC-4(CFS) and MGT-7 under the Companies Act, 2013. Please click on the below link to download circular: Relaxation of additional Fees and extension of last date of in filing AOC-4, AOC-4(XBRL), AOC-4(CFS) and MGT-7 Read More
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