Indirect Tax dispute Resolution Scheme Rules, 2016

[To be published in the Gazette of India Extraordinary, Part II, Section 3, Sub-Section (i)] Government of India Ministry of Finance Department of Revenue New Delhi the 31st May, 2016 Notification No 29/2016-CE(NT) G.S.R. (E). - In exercise of the power conferred by sub-sections (1) and (2) of section 218 of the Finance Act, 2016,… Read More

MCA releases new versions of Forms ADJ, AOC-4, INC-6, INC-12, INC-29 and SCP

Forms ADJ, AOC-4, INC-6, INC-12, INC-29 and SCP(serious complaint) are likely to be updated on MCA21 Company Forms Download page w.e.f 2nd June 2016. Stakeholders are advised to check the latest version before filing Read More

Relaxation of additional fees and extension of time for filing of e-Forms by Companies and LLPs

Circular No. 07/2016 F.No. MCA/21/33/2016-e-Gov cell Government of India Ministry of Corporate Affairs  5th Floor, A Wing, Shastri Bhavan Dr. R.P. Road, New Delhi-110001 Dated 30.05.2016 All the Regional Directors, All the Registrar of Companies / Official Liquidators All Stakeholders Sub: Relaxation of additional fees and extension of time for filing of e-Forms by the… Read More

Direct Tax Dispute Resolution Scheme 2016 & Equalisation Levy to come into effect from 1st June 2016

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 31st May, 2016 Sub: The Direct Tax Dispute Resolution Scheme 2016 & Equalisation Levy to come into effect from 1st June 2016. The Direct Tax Dispute Resolution Scheme, 2016 incorporated as Chapter X of the Finance Act,… Read More

​Income-tax (13th Amendment) Rules, 2016

The Income Tax of India has issued amendment rules dated 31st May, 2016. Please click on below link to download the complete rules: Income-tax (13th Amendment) Rules, 2016 Read More

The Insolvency and Bankruptcy Code 2016

MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 28th May, 2016/Jyaistha 7, 1938 (Saka) The following Act of Parliament received the assent of the President on the 28th May, 2016, and is hereby published for general information:— THE INSOLVENCY AND BANKRUPTCY CODE, 2016 NO. 31 OF 2016 [28th May, 2016.] An Act to… Read More

Securities and Exchange Board Of India (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations, 2016

THE GAZETTE OF INDIA EXTRAORDINARY PART – III – SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI,May 25, 2016 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 25th May, 2016 SECURITIES AND EXCHANGE BOARD OF INDIA(ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) (THIRD AMENDMENT) REGULATIONS, 2016 No.SEBI/ LAD-NRO/GN/2016-17/003.─In exercise of the powers conferred under section 30… Read More

SEBI (Substantial Acquisition of Shares and Takeovers) (Second Amendment) Regulations, 2016

 THE GAZETTE OF INDIA EXTRAORDINARY PART – III – SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, May 25, 2016 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 25th May, 2016 SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) (SECOND AMENDMENT) REGULATIONS, 2016 No.SEBI/ LAD-NRO/GN/2016-17/002.─In exercise of the powers conferred under… Read More

SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2016

 THE GAZETTE OF INDIA EXTRAORDINARY PART – III – SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, May 25,2016 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the25thMay, 2016 SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) (AMENDMENT) REGULATIONS, 2016 No.SEBI/ LAD-NRO/GN/2016-17/001.─In exercise of the powers conferred by section 11, sub section (2)… Read More

ATMs – Security and Risk Mitigation Measures for Card Present (CP) Transactions

RBI/2015-2016/413 DPSS.CO.PD.No./2895/02.10.002/2015-2016 May 26, 2016 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks/ Authorised ATM Network Operators / Card Payment Network Operators/White Label ATM Operators Madam / Sir, ATMs - Security and Risk Mitigation Measures… Read More

Export Data Processing and Monitoring System (EDPMS) – Additional modules for caution listing of exporters, reporting of advance remittance for exports and migration of old XOS data

RBI/2015-16/414 A.P. (DIR Series) Circular No.74 May 26, 2016 To All Category - I Authorised Dealer Banks Madam / Sir, Export Data Processing and Monitoring System (EDPMS) – Additional modules for caution listing of exporters, reporting of advance remittance for exports and migration of old XOS data Attention of AD Category - I banks is… Read More

Foreign Exchange Management Act, 1999 (FEMA) Foreign Exchange (Compounding Proceedings) Rules, 2000 (the Rules) – Compounding of Contraventions under FEMA, 1999

RBI/2015-16/412 A.P. (DIR Series) Circular No.73 May 26, 2016 To All Category - I Authorised Dealer Banks Madam / Sir, Foreign Exchange Management Act, 1999 (FEMA) Foreign Exchange (Compounding Proceedings) Rules, 2000 (the Rules) - Compounding of Contraventions under FEMA, 1999 Attention of Authorised Dealers is invited to paragraph number 7 and 8 of the… Read More

Disclosure of the Impact of Audit Qualifications by the Listed Entities

CIRCULAR CIR/CFD/CMD/56/2016 May 27, 2016 To All Listed Entities All Recognized Stock Exchanges Dear Madam / Sir, Sub.: Disclosure of the Impact of Audit Qualifications by the Listed Entities 1. SEBI has put in place a mechanism to review the audit qualifications contained in the audit reports of the listed entities. The detailed procedure for… Read More

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