Clarifications on Guidelines on Cross Border Reinsurers

Guidelines on Cross Border Reinsurers Ref: IRDAI/NL/GDL/RIN/017/01/2016 Date: 19-01-2016 1. Introduction The Authority had vide Circular ref IRDA/NL/GDL/RIN/015/01/2012 dated 06- 01-2012 issued Guidelines on submission of information on Cross Border Reinsurers not having any physical presence in India and do reinsurance business with Indian insurance companies. The above guidelines are revised herewith in order to… Read More

Corrigendum – II for Creative agency for Startup India

No. 6(7)/2016-BE.I Government of India Ministry of Commerce and Industry Department of Industrial Policy and Promotion BE-I Section ... New Delhi, the 6th April, 2016 CORRIGENDUM This is with reference to RFP document for proposal (Rfp) document for selection of Creative Agency for Startup India for Department of Industrial Policy and Promotion uploaded on the… Read More

Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified

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.41/2016-CUSTOMS (N.T.), dated 17th March, 2016, except as respects things done or omitted to be done before such supersession, the Central Board of… Read More

Winding up of National Manufacturing Competitiveness Council

MINISTRY OF COMMERCE AND INDUSTRY (Department of Industrial Policy and Promotion) NOTIFICATION New Delhi, the 11th March, 2016 S.O. 1100(E).- In pursuance of the decision taken by the Cabinet Committee of Economic Affairs(CCEA) in its meeting on 2nd March, 2016, the Central Government hereby notifies the winding up of National Manufacturing Competitiveness Council with immediate effect.… Read More

Record setting year for taxpayer services, issue of refunds by CBDT

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 4th April, 2016 Sub: Record setting year for taxpayer services, issue of refunds by CBDT -reg The Central Board Direct Taxes achieved significant success in delivery of taxpayer services in Financial Year 2015-16, a record setting year… Read More

Foreign Exchange Management (Remittance of Assets) Regulations, 2016

RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE MUMBAI 400 001 Notification No. FEMA 13 (R)/2016-RB April 01, 2016 Foreign Exchange Management (Remittance of Assets) Regulations, 2016 In exercise of the powers conferred by Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in supersession of Notification No. FEMA 13/2000-RB… Read More

Difficulties in accessing the MCA Portal and filing of e-forms

MCA: 2016 April 07, 2016 Mr. K.V.R. Murthy Joint Secretary Ministry of Corporate Affairs Shastri Bhawan New Delhi- 110001 Dear Sir, Sub: Difficulties in accessing the MCA Portal and filing of e-forms This is in continuation of our representation dated April 01, 2016 and further to the discussion, the delegation of ICSI including myself, had… Read More

Priority Sector Lending Certificates

RBI/2015-16/366 FIDD.CO.Plan.BC.23/04.09.01/2015-16 April 7, 2016 The Chairman/ Managing Director/ Chief Executive Officer [All Scheduled Commercial Banks (including Regional Rural Banks)/ Urban Co-operative Banks/ Local Area Banks] Dear Sir/ Madam, Priority Sector Lending Certificates Please refer to Para VIII of Circular FIDD.CO.Plan.BC 54/04.09.01/2014 – 15 dated April 23, 2015 on Priority Sector Lending - Targets and… Read More

Extension for uploading of status of KYC related details for Insurance Policies on Insurance Transactions Exchange (iTrex)

Ref:IRDA/INT/CIR/INSRE/066/04/2016 Date:06-04-2016 Extension for uploading of status of KYC related details for Insurance Policies on Insurance Transactions Exchange (iTrex). This refers to the Authority’s circular ref: IRDA/INT/CIR/INSRE/032/02/2016 dated 20th February, 2016 and a letter (Ref: IRDA/INT/2015/6) dated 29th March, 2016 requesting uploading the status of KYC related details for Insurance Policies up to 31st December,… Read More

Implementation of One Rank One Pension

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval for implementation of One Rank One Pension (OROP). The details are as follows: 1. The benefit will be given with effect from 1st July, 2014. 2. Pension will be re-fixed for pre 1.7.2014 pensioners retiring in the same… Read More

Stay order for Trademark circular, Delhi HC, 5th April, 2016

  The Hon'ble High Court of Delhi, in its recent judgment dated 5th April, 2016, has passed a stay order against the Circular/Notification no. CG Office/TMR/Public Notice/2016, dated 4th April, 2016, issued by the Office of the Controller General Patents, Designs and Trademarks. Vide abovementioned circular/notification, the applications against which no reply to examination report containing office… Read More

Forms INC-2, INC-7, INC-29, MGT-10, FTE, SH-7, PAS-3 updated on MCA21 portal

Forms INC-2, INC-7, INC-29, MGT-10, FTE, SH-7, PAS-3 are likely to be updated on MCA21 portal w.e.f. 8th April 2016. All Stakeholders are advised to download the latest version before filing. Read More

Refiling of MCA forms for unsuccessful payments

In case payment of the uploaded eform was unsuccessful for technical reasons and no option is available for making such payment again, then search for the SRN using the Track SRN / Transaction Status service and click the Cancel SRN link for cancelling the SRN. Make sure that re-filing is done after cancelling the transaction… Read More

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