Companies (Incorporation) Second Amendment Rules, 2016
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i)] Government of India Ministry of Corporate Affairs NOTIFICATION New Delhi, 23rd March,2016 G.S.R. .-In exercise of the powers conferred by sub-sections (1) and (2) of Section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes… Read More
Inclusion of interest income in the return of income filed by persons liable to pay tax
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 23rd March, 2016 Sub: Inclusion of interest income in the return of income filed by persons liable to pay tax- regardingInformation regarding interest earned by individuals and business entities on term deposit is filed with the Income… Read More
Review of Foreign Direct Investment Policy (FDI) on Insurance Sector
The Government of India has liberalized its Foreign Direct Investment policy on Insurance Sector. To Download complete please click on the link below: Review of Foreign Direct Investment Policy (FDI) on Insurance Sector Read More
Review of Foreign Direct Investment Policy (FDI) on Pension Sector
The Government of India has liberalized its Foreign Direct Investment (FDI) policy on Pension Sector. To Download complete please click on the link below: Review of Foreign Direct Investment Policy (FDI) on Pension Sector Read More
Diamond Dollar Account (DDA) – Reporting Mechanism
RBI/2015-16/346 A.P. (DIR Series) Circular No.54 March 23, 2016 To All Category-I Authorised Dealer Banks Madam / Sir, Diamond Dollar Account (DDA) – Reporting Mechanism Attention of Authorized Dealer Category – I (AD Category –I) banks is invited to Part IX, Para 1(e) of the Master Direction on Reporting under Foreign Exchange Management Act, 1999,… Read More
Section 23 of Banking Regulation Act, 1949 (AACS) – Extending Value-Added Services through ATMs
RBI/2015-16/345 DCBR.CO.BPD.BC.No.13/19.51.008/2015-16 Chaitra 03, 1938 March 23, 2016 All Primary (Urban) Co-operative Banks / State Co-operative Banks Dear Sir / Madam, Section 23 of Banking Regulation Act, 1949 (AACS) – Extending Value-Added Services through ATMs Please refer to our circular DCBR.CO.LS (PCB) Cir.No.2/07.01.000/2015-16 dated July 30, 2015 wherein the services that may be offered by… Read More
Liquidity Risk Management & Basel III Framework on Liquidity Standards – Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure Standards
RBI/2015-16/344 DBR.BP.BC.No.86/21.04.098/2015-16 March 23, 2016 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Liquidity Risk Management & Basel III Framework on Liquidity Standards – Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure Standards Please refer to our following circulars on Liquidity Risk Framework: DBOD.BP.No.56/21.04.098/2012-13 dated November 7, 2012 on “Liquidity Risk Management… Read More
Buyback of WPI-Linked Inflation Indexed Bond
The Government of India has announced the repurchase of “1.44 per cent Inflation Indexed Government Stock-2023” through reverse auction for an aggregate amount of Rs.3298.72 crore (face value). The repurchase by the Government of India will be undertaken to redeem the Government Stocks prematurely by utilizing surplus cash balances. The above repurchase of the Government… Read More
Designating Central Public Information Officers under the Right to Information Act, 2005
Order Ref:IRDA/ADM/ORD/MISC/054/03/2016 Date:22-03-2016 Designating Central Public Information Officers under the Right to Information Act, 2005 In partial modification of Office Order ref. Ref: IRDA/ADM/ORD/MISC/076/04/2015 dated 20-04-2015 and Ref. IRDA/ADM/ORD/MISC/160/08/2015 dated 31-08-2015, the following changes have been made in respect of appointment of Central Public Information Officers in terms of Section 5(1) of the Right to… Read More
Expression of Interest for Empanelment of Faculties for Committee on Information Technology
Madam/ Dear Sir, Committee on Information Technology has been set up by the Institute to map IT developments and convert them into gainful professional opportunities. The Committee is also concerned with the training and development of the members in the field of Information Technology The Committee on Information Technology (CIT) is currently conducting two separate… Read More
Income–tax (7th Amendment) Rule, 2016
[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 18thMarch, 2016 S.O.1155 (E)- In exercise of the powers conferred by section 285BA, read with section 295 of the Income-tax Act, 1961… Read More
New LLP Front Office Service
Kindly note that a new LLP Front Office Service ‘Enter Form 3 or Form 3 & 4 details for LLP filing’ has been introduced. This service will enable users to insert relevant details of Form 3 or Form 3 & Form 4 (both) in case corresponding Form 3 & Form 4 (both) are pending for… Read More
New Portal MCA21 likely to be launched – 27th March 2016
The Ministry of Corporate Affairs will launch a new MCA21 portal for Company users. The new portal is likely to be launched on 27th March 2016. To facilitate implementation of the new portal, the offline payment methods – Challan, NEFT, Pay Later – will be disabled for Company services effective Saturday, 19th March 2016. Stakeholders… Read More
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