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SEBI advises Caution to Customers In the matter of PACL

December 22, 2016 1471 Views 0 comment Print

The Committee constituted by the SEBI under Chairmanship of Justice (Retd.) R. M.Lodha, Former Chief Justice of India for disposing of properties of Company viz. PACL Ltd, pursuant to order dated 02-Feb-2016 of Hon’ble SC in Civil Appeal No.13394/2015 titled PACL Ltd. Vs. SEBI and other connected matters, held its first meeting on 25.02.2016.

ICAI Code of Conduct for elected, Co-opted & Nominated Representatives

December 22, 2016 1597 Views 0 comment Print

This Code applies to elected and nominated members to the Council, Regional Councils and Managing Committees of Branches; and also to members nominated by the Institute to other bodies,

Special Deposit Scheme 1975 –Interest Payment for calendar year 2016

December 22, 2016 1708 Views 0 comment Print

Please ensure that interest for calendar year 2016 for Special Deposit Scheme 1975 is disbursed as per rates mentioned therein.

Demonetization : Hit or Miss

December 22, 2016 10276 Views 0 comment Print

First Demonetization was taken place in 1946 by then Government of India. RBI offered clients to exchange their old notes of the denomination of Rs.100 with the new one.

System-driven disclosures by Depositories of trade data of promoters

December 21, 2016 1285 Views 0 comment Print

It has been decided to depositories shall provide transaction data of promoters/promoter group on a daily basis directly to stock exchanges for dissemination of necessary disclosures.

Distribution of Banknotes during Nov 10 to Dec 19, 2016

December 21, 2016 1594 Views 1 comment Print

Over the period from November 10, 2016 upto December 19, 2016, banks have reported that banknotes worth ₹ 5,92,613 crore have been issued to public either over counter or through ATMs.

No proposal to mandate payment of wages via Banking Channels only

December 21, 2016 1759 Views 0 comment Print

It is seen from the media reports that there is a general impression that is being created that the Government is bringing an amendment to the Payment of Wages Act to make mandatory the payment of wages to the workers only through cheque or accounts transfers. This is not the correct position.

Amendment in Rule 114F Related to Reporting under Income Tax Law

December 21, 2016 2701 Views 0 comment Print

Central Government hereby makes following rules further to amend Income-tax Rules, 1962, namely:— 1. (1) These rules may be called the Income-tax ( 35th Amendment) Rules, 2016.

Working Group to implement Article 1 of Trade Facilitation Agreement

December 21, 2016 742 Views 0 comment Print

Prepare a ready reckoner in the form of a matrix listing all the existing Rules and Regulations and Circulars corresponding to each Section of the Act. Give suggestions on cross- referencing the sections of the Customs Act with Rules, Regulations, Notifications and Circulars issued by the Board.

Anti-dumping duty on imports of Soda Ash from Russia and Turkey to continue

December 21, 2016 1531 Views 0 comment Print

Anti-dumping duty under notification No.08/2013-Customs (ADD) dated 18.04.2013 [imposing anti-dumping duty on the imports of Soda Ash, originating in or exported from Russia and Turkey] will continue to be levied till the final decision of the Honble High Court of Gujarat in the matter.

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