Provision of Safe Deposit Locker facility by NBFCs
RBI/2015-16/302 DNBR(PD).CC.No. 072/03.10.001/2015-16 January 28, 2016 All Non-Banking Financial Companies (NBFCs) Dear Sirs, Provision of Safe Deposit Locker facility by NBFCs The Bank has received proposals from NBFCs seeking approval for offering safe deposit locker facilities. In this regard it may be noted that providing safe deposit locker facility is a fee based service and… Read More
Signing of Protocol amending the India-Armenia Double Taxation Avoidance Convention
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 27th January, 2016 Subject: Signing of Protocol amending the India-Armenia Double Taxation Avoidance Convention A Protocol to amend the existing Double Taxation Avoidance Convention was signed by the Government of India and the Government of Armenia on… Read More
Versions of Forms INC-23 and MGT-14 is modified w.e.f 30th Jan 2016
Versions of Forms INC-23 and MGT-14 is modified w.e.f 30th Jan 2016. All Stakeholders are requested to plan accordingly. Read More
Rate of exchange of conversion of the foreign currency with effect from 22nd January, 2016
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 14/2016 - Customs (N.T.) Dated the 21st January, 2016 01 Magha, 1937 (SAKA) 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… Read More
Amendment in notification No. 12/2012- Customs dated 17.03.2012
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 6/2016-Customs New Delhi, the 28th January, 2016 G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary in the public interest so to… Read More
FAQs on SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Disclaimer: Based on queries/ comments received from market participants, these FAQs have been prepared to provide guidance on the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("the Regulations", "Listing Regulations", "LR") and circulars issued there under. For full particulars of laws governing continuous disclosure… Read More
Amendment to SEBI Circular CIR/MRD/DSA/33/2012 dated December 13, 2012 pursuant to amendment in Regulation 2(1)(b) of SECC Regulations, 2012
CIRCULAR SEBI/HO/MRD/DSA/CIR/P/2016/30 January 22, 2016 All recognised Stock Exchanges/ Clearing Corporations Dear Sir/Madam, Sub: Amendment to SEBI Circular CIR/MRD/DSA/33/2012 dated December 13, 2012 pursuant to amendment in Regulation 2(1)(b) of SECC Regulations, 2012. 1. Pursuant to the approval of SEBI Board in its meeting held on November 30, 2015, SEBI has notified the amendments to… Read More
Know Your Client Requirements – Clarification on voluntary adaptation of Aadhaar based e-KYC process
CIRCULAR CIR/MIRSD/29/2016 January 22, 2016 1. All Recognized Stock Exchanges 2. Stock Brokers through Recognized Stock Exchanges 3. All recognised Depositories 4. Depository Participants through Depositories 5. Association of Mutual Funds in India 6. Mutual funds through AMFI 7. Portfolio Managers 8. KYC Registration Agencies (KRAs) 9. Alternative Investment Funds (AIFs) 10. Collective Investment Schemes… Read More
Resolution of more than 100 cases of transfer pricing disputes with USA under MAP
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 28th January, 2016 Sub: Resolution of more than 100 cases of transfer pricing disputes with USA under MAP-regarding One of the significant steps taken by Central Board of Direct Taxes to boost investment sentiments among MNCs is… Read More
MCA Notices
All applications for reservation of name (INC-01) would be directed to "Central Registration Centre"(CRC) from 26th Jan 2016, as notified vide the Companies (Incorporation) Amendment Rules 2016, dated 22nd Jan 2016. The operations of CRC will commence with effect from 27th Jan 2016. Version of Form INC-1 is modified w.e.f 26th Jan 2016. Stakeholders are… Read More
Full Day Seminar on FEMA Regulations & Foreign Investments Masterclass on 29th Jan, 2016 in Gurgaon
In the light of economic reforms and the liberalised business scenario in the country, the Foreign Exchange Management Act (FEMA) was introduced in India in 1999 which emerged as an investor friendly legislation. This act relaxed foreign exchange restrictions resulting in significant flow of investments into India over the years making it one of the… Read More
Companies (Incorporation) 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, the 22nd January, 2016 G.S.R. (E).-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… Read More
Notification under section 396 of Companies Act, 2013 dated: 22.01.2016 .
[To be published in the Gazette of India, Extraordinary, Part ll, Section 3, sub-Section(ii)] GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS Notification New Delhi, the 22nd January 2016 S.O. (E) In exercise of the powers conferred by sub-sections (1) and (2) of section 396 of the Companies Act, 2013 (18 of 2013) (herein after referred… Read More
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