Roadmap drawn-up for implementation of Indian Accounting Standards (Ind AS) converged with International Financial Reporting Standards (IFRS) for Scheduled Commercial Banks (Excluding Rrbs), Insurers/Insurance Companies and Non-Banking Financial Companies (NBFC’s)
Press Information Bureau Government of India Ministry of Corporate Affairs 18-January-2016 19:54 IST Roadmap drawn-up for implementation of Indian Accounting Standards (Ind AS) converged with International Financial Reporting Standards (IFRS) for Scheduled Commercial Banks (Excluding Rrbs), Insurers/Insurance Companies and Non-Banking Financial Companies (NBFC’s) In pursuance to the Budget Announcement by the Union Finance Minister Shri… Read More
Whether Hindu Undivided Family (HUF) / its Karta can become partner/Designated Partner (DP) in Limited Liability Partnership (LLP).
General Circular No. 2/2016 F.No.1/13/2012 CL-V Government of India Ministry of Corporate Affairs ******* 5th Floor, ‘A’ Wing, Shastri Bhavan Dr. R.P. Road, New Delhi-110001 Dated: 15th January, 2016 All the RDs, All the ROCs/OLs All stakeholders, Subject: Whether Hindu Undivided Family (HUF) / its Karta can become partner/Designated Partner (DP) in Limited Liability Partnership… Read More
Frequently Asked Questions(FAQs) on SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Frequently Asked Questions January 19, 2016 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… Read More
Amendment Notification for avoidance of Double Taxation between India and Belarus
MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 13th January, 2016 S.O. 111(E).—Whereas, a Protocol amending the agreement between the Government of the Republic of India and the Government of the Republic of Belarus for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and… Read More
Credit information reporting in respect of Self Help Group (SHG) members
RBI/2015-16/291 DBR.CID.BC.No.73/20.16.56/2015-16 January 14, 2016 All Scheduled Commercial Banks (including RRBs) All Credit Information Companies Dear Sir/ Madam Credit information reporting in respect of Self Help Group (SHG) members Please refer to the instructions contained in paragraph (v) of the Annex III to our circular DBOD.No.CID.BC.127/20.16.056/2013-14 dated 27 June, 2014 advising banks to report the… Read More
Corrigendum to Notification No. 43/2014-Cus (NT)
[ TO BE PUBLISHED IN THE GAZETTE OF INDIA, PART-II, SECTION 3, SUB-SECTION (ii), EXTRAORDINARY] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE NOTIFICATION NO. 43/2014 - CUSTOMS (N.T.) NEW DELHI, THE 19th JANUARY, 2016 29 PAUSHA, 1937 SAKA CORRIGENDUM In the notification No. 43/2014 –Customs (N.T.) dated 23.05.2014 issued vide F. No. 394/136/2011-Cus… Read More
Income-tax (1st Amendment) Rules, 2016
[TO BE PUBLSIHED 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] (INCOME – TAX) Notification New Delhi, the 14th January, 2016 S.O. 127 (E).- In exercise of the powers conferred by section 11 read with section 295… Read More
Master Circular – Basel III Capital Regulations – Clarification
RBI/2015-16/285 DBR.No.BP.BC.71/21.06.201/2015-16 January 14, 2016 All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Madam / Sir, Master Circular – Basel III Capital Regulations - Clarification Please refer to para 7: Coupon Discretion on Additional Tier 1 Debt Capital Instruments of the Circular DBOD.No.BP.BC.38/21.06.201/2014-15 dated September 1, 2014 on ‘Implementation of Basel… Read More
Revised Position Limits for Currency Derivatives Contracts
CIRCULAR CIR/MRD/DP/02/2016 January 15, 2016 To All Stock Exchanges. Dear Sir / Madam, Subject: Revised Position Limits for Currency Derivatives Contracts With a view to maintain orderly conditions in the domestic foreign exchange market and based on the recommendation from RBI, it has been decided to enhance the gross open position limits for bank stock… Read More
Financial Literacy Centres (FLCs) – Revised Guidelines
RBI/2015-16/286 FIDD.FLC.BC.No.18/12.01.018/2015-16 January 14, 2016 To Chairman/MD & CEO Scheduled Commercial Banks (Including RRBs) Dear Sir/Madam, Financial Literacy Centres (FLCs) – Revised Guidelines Please refer to our circulars RPCD.FLC.No.12452/12.01.018/2011-12 dated June 6, 2012 and RPCD.FLC.No.7641/12.01.018/ 2012-13 dated January 31, 2013issuing operational guidelines for conduct of financial literacy camps by FLCs and rural branches of banks.… Read More
Corrigendum – Appointment of IT Application Development Agency For ‘Start Up India, Stand-Up India’ For Department Of Industrial Policy And Promotion
No. 10(59)/2015-BE.I Government of India Ministry of Commerce and Industry Department of Industrial Policy and Promotion BE-I Section New Delhi, the 14th January, 2016 Corrigendum This is with reference to RFP document for appointment of IT application development agency for 'Startup India, Standus India for Department of Industrial Policy and Promotion uploaded on website: http://eprocure.gov.in… Read More
Revised Position Limits for Currency Derivatives Contracts
CIRCULAR CIR/MRD/DP/02/2016 January 15, 2016 To All Stock Exchanges. Dear Sir / Madam, Subject: Revised Position Limits for Currency Derivatives Contracts With a view to maintain orderly conditions in the domestic foreign exchange market and based on the recommendation from RBI, it has been decided to enhance the gross open position limits for bank stock… Read More
Reduction in Daily Price Limits& Near month Position Limits for Agricultural Commodity Derivatives and Suspension of Forward Segment
CIRCULAR CIR/CDMRD/DMP/2/2016 January 15, 2016 To, The Managing Directors / Chief Executive Officers National Commodity Derivatives Exchanges Sir / Madam, Sub.: Reduction in Daily Price Limits& Near month Position Limits for Agricultural Commodity Derivatives and Suspension of Forward Segment 1. With aviewto curb the speculative participation and consequent volatility in prices of agricultural commodities derivatives,… Read More
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