Highlights of SEBI’s decisions in its Board meeting held on 28 March 2018

 PR No. 09/2018 SEBI Board Meeting The SEBI Board met in Mumbai today and took the following decisions: 1. Decision on the Recommendations of Kotak Committee on Corporate Governance 1.1.The Board considered the Kotak Committee recommendations and the public comments thereon. 1.2.The Board decided to accept several recommendations of the Committee without any modifications including… Read More

CBDT extends linking of PAN with Aadhaar till 30th June, 2018

F. No.225/270/2017/IT A.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North-Block, ITA.II Division New Delhi, dated the 27th of March, 2018 Order under Section 119 of the Income-tax Act. 1961 Order under Section 119 of the Income-tax Act. 1961 Vide its orders dated 31.07.17, 31.08.17 & 08.12.17, in… Read More

GST and Customs offices to remain open on 29.03.2018, 30.03.2018, 31.03.18

F.No. 401/118/2016-Cus.III (Pt.) Government of India Ministry of Finance Department of Revenue (Central Board of Excise & Customs) **** North Block, New Delhi 27th March, 2018 To, All Chief Commissioner of Customs, All Chief Commissioner of Customs (Preventive), All Chief Commissioner of Customs, Central Taxes and GST, All Directorates under CBEC Subject: Working days on 29.03.2018,… Read More

Special Clearing operations on March 31, 2018

RBI/2017-18/145 DPSS.CO.CHD.No./2707/03.01.03/2017-18 March 28, 2018 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including Regional Rural Banks/ Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks/Local Area Banks Madam / Dear Sir, Special Clearing operations on March 31, 2018 A reference is invited to the circular issued… Read More

Investor grievance redress mechanism – new policy measures

CIRCULAR SEBI/HO/OIAE/IGRD/CIR/P/2018/58 March 26, 2018 To All Investor Associations recognized by SEBI All Companies whose securities are listed on SEBI recognized Stock Exchanges (Through the Stock Exchanges) All recognized Stock Exchanges All Depositories All Registered Registrars to an Issue and Share Transfer Agents All Registered Merchant Bankers Association of Mutual Funds in India (AMFI) All… Read More

Clarifications on “Specifications related to ISINs for debt securities issued under Issue and Listing of Debt Securities Regulation”

CIRCULAR CIR/DDHS/P/59/2018 Date: March 28, 2018 To All Issuers All Recognized Stock Exchanges All Depositories Dear Sir/Madam, Sub.: Clarifications with respect to circular on “Specifications related to International Securities Identification Number (ISINs) for debt securities issued under the SEBI (Issue and Listing of Debt Securities) Regulations, 2008”. 1. SEBI had issued a circular No. CIR/IMD/DF-1/67/2017… Read More

CBDT extends date for linking of Aadhaar with PAN

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 27th March, 2018 PRESS RELEASE CBDT extends date for linking of Aadhaar with PAN CBDT had allowed time till 31st March, 2018 to link PAN with Aadhaar while filing the Income Tax Returns. Upon consideration of the matter, CBDT,… Read More

Amendment in import policy conditions of apples: DGFT

Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan Notification No. 56/2015-2020 New Delhi, Dated: 27 March, 2018 Subject: Amendment in import policy conditions of apples under Exim code 0808 10 00 of Chapter 08 of ITC (HS), 2017 — Schedule — 1 (Import Policy). S.O.… Read More

IT offices to remain open on 29th, 30th and 31st March, 2018 : CBDT

F. No. 225/270/2017-ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, the 26th March, 2018 Order under Section 119(1) of the Income Tax Act, 1961 The last date for filing belated returns for assessment years 2016-17 and 2017-18 and revised returns for assessment year 2016-17 is 31't March, 2018.… Read More

CBDT issues clarification regarding requirement for furnishing of Country-by Country report

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 23rd March, 2018 PRESS RELEASE CBDT issues clarification regarding requirement for furnishing of Country-by Country report under section 286(4) of IT Act, 1961 In keeping with India’s commitment to implement the recommendations of 2015 Final Report on Action 13, titled… Read More

SEBI Guidelines for Liquidity Enhancement Schemes in Commodity Derivatives Contracts

 CIRCULAR SEBI/HO/CDMRD/DMP/CIR/P/2018/55 March 26, 2018 To, All National Commodity Derivatives Exchanges Sir / Madam, Sub.: Guidelines for Liquidity Enhancement Schemes (LES) in Commodity Derivatives Contracts 1. SEBI vide its circular CIR/MRD/DP/14/2014 dated April 23, 2014, has prescribed revised guidelines for Liquidity Enhancement Schemes (LES) in Equity Cash and Equity Derivatives segments. 2. Based upon feedback… Read More

MCA notifies Section 132 sub section (3) and (11) of the Companies Act 2013

Government of India Ministry of Corporate Affairs Notification New Delhi the 21st March, 2018 S. O. _____ (E).- In exercise of the powers conferred by sub-section (3) of section 1 of companies Act, 2013(18 of 2013), the central government hereby appoints  the 21st March 2018 as the date on which provisions of sub-sections (3) and… Read More

MCA notifies National Financial Reporting Authority Rules, 2018

Governement of India Ministry of Corporate Affairs Notification New Delhi, the 21st March, 2018 G.S.R. (E)._ In  Exercise  of the powers conferred by sub section (3) olf section 132 of the Companies Act , 2013(18 of 2013), The Companies Act, 2013 (18 of 2013), the Central Governement hereby makes  the following rules, namely:- Short Title… Read More

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