PF settlement amount forwarded to the member’s Jandhan Bank A/c were being rejected by the bank for the reason that Jandhan Bank A/c has got a credit limit of Rs. 1,00,000/- and no transaction, debit credit beyond that limit is allowed in this account. The matter was taken up with Ministry of finance to relax the conditions imposed on the bank accounts opened in Pradhan Mantri Jandhan Yojna (PMJDY)’
As a onetime measure, for companies with due date for filing of the form 1- INV falling between the period 25th March 2016 to 6th September, 2016, the companies may file the form IEPF- 1 without additional fees on or before 06.10.2016.
The Department of Sales Tax has taken various initiatives to provide facilities for dealers in the form of e-Services. As of now e-Services like Registration, Payment, Return, Refund, e-CST Declarations etc have been implemented.
In terms of Regulation 24 of the Delisting Regulations, the company which has been compulsorily delisted, its whole-time directors, its promoters and the companies promoted by any such person, shall not directly or indirectly access the securities markets for a period of ten years from the date of compulsory delisting.
DPL for Steel: DPL for Steel shall have two slabs as mentioned in table above. Once the trade hits the prescribed initial slab, the DPL shall be relaxed further by 1st Enhanced Slab (i.e. 2%) after a cooling off period of 15 minutes. During cooling off periods trading shall continue to be permitted within the previous slab of DPL. There shall not be further relaxation of DPL during that day.
The Commodity Derivatives Exchanges are collecting transaction charges from the members for the trades executed on their trading platform. In order to promote competition in the market and bring in greater efficiencies and lower transaction costs to market participants, it has been decided that the following norms shall be continued to be applicable to the Commodity Derivatives Exchanges while levying transaction charges‑
Erstwhile FMC, had prescribed mechanism for regular monitoring of and levy of penalty for short-collection/non-collection of margins from clients and had issued clarifications on the same from time to time. This circular is being issued to consolidate and update such norms prescribed by the erstwhile FMC.
Erstwhile FMC, had prescribed guidelines for fixation of Due Date Rate (DDR) for Commodity Specific (Regional) Exchanges. Vide this circular the said guidelines are being re-issued for Regional Commodity Derivatives Exchanges.
The notification 25/2012 exempts services by way of renting of precincts of a religious place meant for general public. ‘Religious Place’ has been defined in the notification to mean a place which is primarily meant for conduct of prayers or worship pertaining to a religion, meditation or spirituality.
The representations and queries have been received with regards to the following issues: (1) Condition of stay; (2) Proof of withdrawal of appeal; (3) Penalty order under section 61(2) and obligation to submit Audit Report in Form-704; It has been brought to the notice of this office that aforesaid issues are causing impediments and also slowing down the process of availment of the benefits under the Settlement Act.
