Follow Us:

Archive: April, 2017

Posts in April, 2017

Limit for investment by FPIs in Government Securities (June 2017 Quarter)

April 3, 2017 639 Views 0 comment Print

a. Limit for FPIs in Central Government securities shall be enhanced to INR 184,901 cr. b. Limit for Long Term FPIs (Sovereign Wealth Funds (SWFs), Multilateral Agencies, Endowment Funds, Insurance Funds, Pension Funds and Foreign Central Banks) in Central Government securities shall be revised to INR 46,099 cr.

SEBI: Capacity Planning Framework for the Depositories

April 3, 2017 1242 Views 0 comment Print

Depositories have been identified as Financial Market Infrastructure which facilities and perform systemically critical functions in the securities market. In view of their importance in the smooth functioning of the securities market, the framework for capacity planning of the Depositories was also discussed in TAC.

Bombay High Court Circular on Improper Use of Prefixes in Legal Cases

April 3, 2017 2038 Views 0 comment Print

Bombay High Court mandates removal of prefixes like “M/s,” “Mr,” and “Ms” in legal case titles to ensure clarity and accuracy in certified orders.

Notice to PACL investors against collection of claim form/cheques etc.

April 3, 2017 2175 Views 0 comment Print

In compliance of the order dated February 02, 2016 passed by the Hon’ble Supreme Court of India in Civil Appeal No.13394/2015 titled as PACL Ltd. Vs Securities and Exchange Board of India and other connected matters, a Committee has been constituted by SEBI under the Chairmanship of Justice (Retd.) R. M. Lodha

Notification No. 11/2017-Customs (ADD) dated 3rd April, 2017

April 3, 2017 2049 Views 0 comment Print

G.S.R. (E).- In exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the Customs Tariff Act, read with rules 18 and 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995

Mrs. Aruna Sethi appointed as the Chief Adviser (Cost) in MOF

April 3, 2017 1134 Views 0 comment Print

Mrs. Aruna Sethi, 1985 batch officer of Indian Cost Accounts Service (ICoAS) has been elevated to the position of Chief Adviser (Cost) in the Ministry of Finance, Department of Expenditure w.e.f. 1st April, 2017.

Requirement of depositing 75% of award amount U/s. 19 of MSMEs Development Act, 2006, is mandatory

April 3, 2017 13953 Views 1 comment Print

If the facts of the instant case are examined, it is quite vivid that in the present case, the award was passed by the Facilitation Council on 12-3-2014, the respondent herein filed application for execution of award on 21-8-2014 and thereafter on 19-2- 2015, application under Section 34 of the Act of 1996 was filed […]

Significant Income Tax Changes as effected by Finance Act, 2017

April 3, 2017 107532 Views 14 comments Print

The Finance Act, 2017, which has made a history of being a enacted law on 31st March, 2017 (assented by President of India on 31/03/2017), has made far-reaching changes in Direct Taxes.

Auditors/ Management perspective – “Equity Investments per Ind-As”

April 3, 2017 13332 Views 1 comment Print

At present all Investment are being classified between long term and current and are being recognized at cost (subject to some permanent diminution and in case current investment lower of fair value or cost) , hence what are the options available to value Equity Investments under Ind-As?

Procedure, Formats and Standards for ensuring secured transmission of electronic communication

April 3, 2017 3474 Views 0 comment Print

Procedure, Formats and Standards for ensuring secured transmission of electronic communication – introduction of E-Proceeding for communication between the Income Tax Department and Assessee-reg.

Search Post by Date
July 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031