Rate of exchange of conversion of the foreign currency with effect from 22nd April, 2016
In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise and Customs (CBEC) No.48/2016-CUSTOMS (N.T.), dated 07th April, 2016, except as respects things done or omitted to be done before such supersession, the Central Board of… Read More
Infrastructure Debt Funds (IDFs)
RBI/2015-16/381 DNBR(PD).CC.No. 079/03.10.001/2015-16 April 21, 2016 All Infrastructure Debt Fund- Non-Banking Financial Companies (IDF-NBFCs) Madam/ Sir, Infrastructure Debt Funds (IDFs) Please refer to the Infrastructure Debt Fund-Non-Banking Financial Companies (Reserve Bank) Directions, 2011 issued vide Notification No.DNBS.233/CGM(US)-2011 dated November 21, 2011 (the Directions) prescribing detailed guidelines on the regulatory framework for NBFCs to sponsor IDFs… Read More
Unsecured Exposure Norms for UCBs – Relaxation
RBI/2015-16/380 DCBR.CO.BPD. (PCB). No.15/13.05.000/2015-16 Vaishakha 01, 1938 April 21, 2016 The Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir/Madam, Unsecured Exposure Norms for UCBs – Relaxation Please refer to our circulars UBD.BPD. (PCB) Cir No.45/13.05.000/2012-13 dated April 03, 2013 and UBD. CO. BPD. (PCB) Cir. No.29/13.05.000/2013-14 dated October 10, 2013 on the captioned… Read More
Electronic book mechanism for issuance of debt securities on private placement basis
CIRCULAR CIR/IMD/DF1/48/2016 April 21, 2016 To All Recognized Stock Exchanges Issuers intending to issue debt securities Merchant Bankers and brokers registered with SEBI Dear Sir / Madam, Sub: Electronic book mechanism for issuance of debt securities on private placement basis 1. SEBI (Issue and Listing of Debt Securities) Regulations, 2008, govern public issue of debt… Read More
New Version of LLP Forms 3, 4, 8 and 15 available on MCA21
Version of LLP Forms 3, 4, 8 and 15 are likely to be modified w.e.f 24th March 2016. All Stakeholders are requested to plan accordingly Read More
Guidelines on Investment Advisory Services offered by Banks
RBI/2015-16/379 DBR.No.FSD.BC.94/24.01.026/2015-16 April 21, 2016 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Guidelines on Investment Advisory Services offered by Banks Please refer to paragraphs 86, 87 and 88 of the Monetary Policy Statement 2013-14 and the subsequent draft guidelines on Wealth Management/Marketing/Distribution Services offered by Banks issued on June 28, 2013, seeking comments of… Read More
Master Direction – Amalgamation of Private Sector Banks, Directions, 2016
RBI/DBR/2015-16/22 Master Direction DBR.PSBD.No. 96/16.13.100/2015-16 April 21, 2016 Master Direction – Amalgamation of Private Sector Banks, Directions, 2016 In exercise of the powers conferred by Section 35A of the Banking Regulation Act, 1949 and pursuant to the Section 44A of the Banking Regulation Act, 1949, the Reserve Bank of India being satisfied that it is… Read More
Master Direction – Issue and Pricing of shares by Private Sector Banks, Directions, 2016
RBI/DBR/2015-16/21 Master Direction DBR.PSBD.No.95/16.13.100/2015-16 April 21, 2016 Master Direction - Issue and Pricing of shares by Private Sector Banks, Directions, 2016 In exercise of the powers conferred by 35 A of the Banking Regulation Act, 1949 the Reserve Bank of India being satisfied that it is necessary and expedient in the public interest so to… Read More
FAQs on SEBI (Delisiting Of Equity Shares) Regulations, 2009
FREQUENTLY ASKED QUESTIONS ON SEBI (DELISITING OF EQUITY SHARES) REGULATIONS, 2009 These FAQs offer only a simplistic explanation/clarification of terms/concepts related to the SEBI (Delisting of Equity Shares) Regulations, 2009 [“Delisting Regulations, 2009”]. Any such explanation/clarification that is provided herein should not be regarded as an interpretation of law nor be treated as a binding… Read More
Notice – inviting public comments on the draft amendments in the Chartered Accountants Regulations, 1988
21st April, 2016 Sub: Notification - inviting public comments on the draft amendments in the Chartered Accountants Regulations, 1988 arising out of Revised Scheme of Education and Training. The Central Government has accorded its in-principle approval to the draft amendments in the Chartered Accountants Regulations, 1988 arising out of the Revised Scheme of Education and… Read More
Relaxation of additional fee for filing e-forms
The relaxation of additional fee waiver vide General Circular No.03/2016 dated 12th April 2016 has been implemented in MCA21 system w.e.f. 21st April 2016. Users may kindly plan their filings accordingly. Read More
New versions of forms AOC-4, INC-27 and MGT-7 available on MCA21
Forms AOC-4, INC-27 and MGT-7 have been recently updated on MCA21 Company Forms page. Stakeholders are advised to check the latest version before filing Read More
Accounting Treatment of Enhanced Provision of Pension Scheme
Ref:IRDA/F&A/CIR/ACTS/077/04/2016 Date:18-04-2016 Accounting Treatment of Enhanced Provision of Pension Scheme The pay revision of the officers and employees has been carried out by the Public Sector General Insurance Companies in the year 2015-16 consequent upon the Gazette Notification dated 23.01.2016 issued by the Ministry of Finance. By virtue of the Gazette Notification no. 233(E), 234(E)… Read More
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