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Cyber Security and Resilience framework of Stock Exchanges, Clearing Corporations & Depositories

December 7, 2018 1734 Views 0 comment Print

Recognizing the need for a robust Cyber Security and Cyber Resilience framework at Market Infrastructure Institutions (MIIs), i.e., Stock Exchanges, Clearing Corporations and Depositories, vide SEBI Circular CIR/MRD/DP/13/2015 dated July 06, 2015, a detailed regulatory framework on cyber security and cyber resilience was prescribed.

Advocate can accompany any person summoned by Director General

December 6, 2018 1683 Views 0 comment Print

No misconduct on the part of the Advocate, accompanying the person summoned during continuance of his presence before the DG shall be permitted. In case of any misconduct, the DG for reasons to be recorded in writing shall forward a complaint to the Commission.

DGFT notifies Revised Regional Authorities and their Jurisdiction

December 5, 2018 1311 Views 0 comment Print

Revised territorial jurisdiction of the Regional Authorities of DGFT and the jurisdiction is notified with immediate effect vide Public Notice No. 56/2015-2020-DGFT dated: 05.12.2018.

RBI kept policy repo rate unchanged at 6.5 per cent

December 5, 2018 651 Views 0 comment Print

Monetary Policy Committee (MPC) decided to Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 per cent. Consequently, the reverse repo rate under the LAF remains at 6.25 per cent, and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent.

Investigative agencies to maintain high standards of professionalism: FM

December 5, 2018 747 Views 2 comments Print

Shri Arun Jaitley, Union Minister for Finance and Corporate Affairs, exhorted Directorate of Revenue Intelligence to maintain high integrity and professional standards and endeavour to become a a near perfect organisation.

Amendments in Companies Cost Records and Audit Rules

December 4, 2018 3600 Views 0 comment Print

The much awaited demand of the stake holders with regard to the fine-tuning of Companies Cost Records and Audit Rules has been met with though not fully by the Ministry of Corporate Affairs.

Shifting of Registered Office of Company In India: A Brief

December 4, 2018 9696 Views 0 comment Print

Neha Gupta Shifting of Registered Office under Section 12 & 13 as per Companies Act 2013 Introduction & Meaning of Registered office: A registered office is the official address of a company to which all official letters and reminders are sent by any person, any government or non- government or regulatory body. In terms of […]

ICAI President’s Message – December 2018

December 3, 2018 1809 Views 0 comment Print

CA Naveen N. D. Gupta Elections usher in virtues of democracy in the system; democracy being reflective of freedom of expression, choice and related redeeming virtues in a civil society, results in the improvement in the quality of our day-to-day life. Strong and credible institutions echo the democracy within and when these are also the […]

Companies (cost records and audit) Amendment Rules, 2018

December 3, 2018 9381 Views 0 comment Print

MCA notifies Companies (cost records and audit) Amendment Rules, 2018 to further amend Companies (cost records and audit) Rules, 2014.

Processing of final GST refund -Revised instructions for Audit initiation

December 1, 2018 7359 Views 0 comment Print

In case the Nodal Officer decides to undertake the Audit, then he/she shall issue a notice in FORM-GST-ADT-01. Depending upon the record to be verified he/she may decide whether the Audit is to be carried out at the business premises of the tax payer or at the office concerned. The place at which the Audit is to be carried out shall be expressly stated in the said Notice.

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