Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on November 20, 2012, the Central Government has approved 12 Proposals of Foreign Direct Investment (FDI) amounting to Rs.802.07crore approximately. In addition, one proposal viz. M/s Ingka Holding Overseas B.V., amounting to Rs.4200 crore, has been recommended for consideration of Cabinet Committee on Economic Affairs (CCEA). Following 12 (Twelve) proposals have been approved. Sl. No. Name of the applicant Particulars of the proposal FDI/NRIinflows (` In crore) FINANCIAL SERVICES… Read More
SECTION 90 OF THE INCOME-TAX ACT, 1961 - DOUBLE TAXATION AGREEMENT - AGREEMENT WITH FOREIGN COUNTRIES OR SPECIFIED TERRITORIES - NOTIFIED 'SPECIFIED TERRITORY' NOTIFICATION NO. 54/2012 [F.NO. 503/14/2012-FTD-I(PT)], DATED 17-12-2012 In exercise of the powers conferred by Explanation 2 to section 90 of the Income- tax Act, 1961 (43 of 1961), the Central Government hereby notifies Sint… Read More
CIRCULAR CIR/MRD/DP/34/2012 To All Stock Exchanges. Dear Sir / Madam, December 13, 2012 Sub: Pre-trade Risk Controls 1. SEBI has issued various circulars from time to time to implement risk management in cash market and equity derivatives segments. Stock exchanges have operationalised these measures by putting in place checks to be carried out at… Read More
Shri Rajeev Kumar Agarwal, Whole Time Member, SEBI, has passed an order dated December 20, 2012, in the matter of alleged irregular and fraudulent transactions in the trading account of Mr. Arunava Chakraborty, restraining Mr. Sidharth Daga from accessing the securities market and further prohibiting him from buying, selling or otherwise dealing in securities, directly… Read More
Shri R.K.Agarwal, Whole Time Member, SEBI, has passed an order dated December 20, 2012 revoking ad interim directions issued vide order dated August 03, 2012 in respect of M/s Milestone Shares and Stock Broking Private Limited Limited in the matter of Pipavav Defence and Offshore Eng. Limited, Parsvnath Developers Limited, Tulip Telecom Limited and Glodyne… Read More
Shri S Raman took charge as Whole Time Member, Securities and Exchange Board of India in Mumbai today for a tenure of five years or till attainment of 65 yrs of age whichever is earlier. A Post Graduate and a Gold Medalist in Economics, Shri Raman also holds a Diploma in Business Management, besides CAIIB… Read More
F. No. 437/71/2012-Cus. IV Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs ***** New Delhi, dated the 24th December, 2012. ORDER In terms of Notification No. 15/2002-Customs (N.T.) dated 07.03.2002 (as amended) issued under sub-section (1) of section 4 of the Customs Act, 1962 (52 of 1962), the Board hereby assigns… Read More
General Circular No: 41/ ,2012 No. 17/161/2012-CL-V Government of India Ministry of Corporate Affairs 5th Floor, "A" Wing, Shastri Bhawan, Dr. R.P. Road, New Delhi ” 110001 Dated 18.12.2012 All the Regional Directors, All the Registrar of Companies. Sub: Filing of Balance Sheet and Profit and Loss Account in eXtensible Business Reporting Language (XBRL) mode for … Read More
General Circular No.42/2012 File No.MCA/21/141/2012-Comp Ministry of Corporate Affairs Government of India 5th Floor, A wing, Shastri Bhawan. Dr. R.P.Road, New Delhi. Dated: 21.12.2012 All Regional Directors, All Registrar of Companies, All Stakeholders. Subject: Filing of Form 68 for rectification of mistakes in Form 1, Form 1A and Form 44-regarding. Rule 20G(1) of Companies (Central Government's)… Read More
General Circular No. 43/2012 52/17/CAB-2011 Government of India Ministry of Corporate Affairs Cost Audit Branch ***** ˜B-1™ Wing, 2nd Floor, Paryavaran Bhawan, CGO Complex, Lodhi Road, New Delhi 110 003 Dated the December 26, 2012 To, The President, Institute of Cost Accountants of India, 12, Sudder Street, Kolkata 700 016 Subject: Filing of Cost Audit… Read More
General Circular no. 40/2012 No. 17/202/2012 CL-V Government of India Ministry of Corporate Affairs 51h Floor, 'A' Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi Dated 17th December, 2012. To, All Regional Directors All Registrars of Companies Sir, Sub: - No Objection Certificate (NOC) from the concerned regulator / Institute for LLP Name approval /… Read More
[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 dated the 30th November, 2012 G.S.R. 869(E).- In exercise of the powers conferred by sub-section (1) of section 642 read with section 610B of the Companies Act, 1956 (1 of 1956),… Read More
Government of India Ministry of Finance (Department of Revenue) Notification No.49 /2012 - Service Tax New Delhi, the 24th December, 2012 G.S.R....(E)- In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby… Read More