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Archive: 23 November 2016

Posts in 23 November 2016

Free Live Webinar: Dematerialization of Securities and Recent Amendments

July 2, 2024 1641 Views 0 comment Print

Join our free webinar on July 4th at 4:00 PM to gain insights into the dematerialization of securities and recent amendments. Register now for key updates.

Free Webinar: Analysis of 10 Recent Income Tax Judgments in Favour of Assessee

July 1, 2024 3639 Views 0 comment Print

Join our free webinar on July 7 at 5 PM for insights into 10 recent High Court income tax judgments favoring assessees. Expert analysis by CA Dipak Dama.

IBBI (Insolvency Professionals) Regulations, 2016

November 23, 2016 4759 Views 0 comment Print

(1) These Regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016. (2) These Regulations shall come into force on 29th November, 2016.

DoPT guidelines to make appointment faceless, paperless & cashless-reg.

November 23, 2016 988 Views 0 comment Print

It is requested that with a view to make the appointment faceless, paperless and cashless, your offices should issue letter for police verification as per the DoPT guidelines and form for self declaration. Appointment letter should also be issued by email .

Limit for Coverage under ESIC & More Sectors under ESIC & EPF

November 23, 2016 24847 Views 2 comments Print

Government, in principle, decided to enhance the threshold limit of wage for coverage under the Employees’ State Insurance (ESI) Act, 1948 from existing Rs.15,000/- pm to Rs. 21,000/- pm.

GST Council Meeting rescheduled on 2nd-3rd December, 2016

November 23, 2016 1564 Views 0 comment Print

Another Meeting of the Law Sub-Committee comprising of the officers of the States and the Centre has been now scheduled for 25th November, 2016 in Delhi in order to finalise the draft GST related Laws before placing them before the GST Council.

Demonetised notes cannot be deposited in Small Savings Schemes

November 23, 2016 2464 Views 1 comment Print

subscribers of Small Savings Schemes may not be allowed to deposit SBNs in Small Savings Schemes. Banks are, therefore, advised not to accept SBNs for deposits in Small Saving Schemes with immediate effect.

Applying Personal Loan vs. Breaking Investments during Financial Crisis

November 23, 2016 1453 Views 2 comments Print

There are numerous instances in day-to-day life where finance is needed. Such capital may be required for multiple purposes, like meeting emergency, medical purposes, funding further education, besides others. In absence of liquid cash, there are two alternatives to obtain the necessary finance, namely borrowing a loan for personal use or breaking existing investments.

Cabinet approves revamped Merchant Shipping Bill 2016

November 23, 2016 1297 Views 0 comment Print

Cabinet approves introduction of the revamped Merchant Shipping Bill 2016 in the Parliament and simultaneous repealing of the Merchant Shipping Act, 1958 and the Coasting Vessels Act, 1838

Decision for farmers benefit and to promote digital payments

November 23, 2016 946 Views 0 comment Print

Following the cancellation of legal tender character of old Rs. 500 and Rs.1000 notes, a number of measures have been announced by the Union Government, taking into consideration the requirements of various sections of society.

Insolvency & Bankruptcy Board notifies 2 Insolvency Regulations

November 23, 2016 2134 Views 0 comment Print

Insolvency and Bankruptcy Board (IBBI) of India notifies two Regulations; The IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations, 2016 and IBBI (Insolvency Professional Agencies) Regulations, 2016.

RBI relaxes norms on remittance of pre-incorporation expenses

November 23, 2016 17242 Views 1 comment Print

Alternative option of issuing shares instead of remittance by wholly owned subsidiary for pre-incorporation/pre-operative expenses incurred by overseas holding entities may also be a favorable move for corporate sector.

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