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Notifications/Circulars

Customs Rate of exchange of conversion of foreign currency wef 05.01.2018

January 4, 2018 1086 Views 1 comment Print

Notification No. 1/2018 – Customs (N.T.) In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise and Customs No.118/2017-CUSTOMS (N.T.), dated 21st December, 2017

XBRL Returns – Harmonization of Banking Statistics

January 4, 2018 4401 Views 0 comment Print

The Reserve Bank of India had constituted an inter-departmental Task-force in December 2014, to provide “harmonised” definitions of major balance sheet/ profit and loss/ off-balance sheet items covered in the banking/ regulatory returns received across RBI departments.

India-Brazil DTAA amended WEF 6th day of August, 2017

January 4, 2018 3096 Views 0 comment Print

Central Government hereby notifies that all the provisions of amending Protocol entered into between India and Brazil shall have effect in the Union of India with effect from the 6th day of August, 2017.

Extension of ad-hoc appointment of 169 ITOs to ACIT grade

January 3, 2018 2064 Views 0 comment Print

Order No. 3 of 2018 – Extension of the ad-hoc appointment of Income Tax Officers to the grade of Assistant Commissioner of Income Tax – reg. F.No. A-32013/1/2016-Ad.VI Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi. Dated the 3rd January, 2018. Order No. 03 of […]

Modification of SION for export product “Hulled Sesame Seeds”

January 3, 2018 2322 Views 0 comment Print

Director General of Foreign Trade hereby notifies the amendment in item No. 1 of the SION K 36, in the Handbook of Procedure Vol.11 as under:

Amendment in Schemes of Arrangement by Listed Entities

January 3, 2018 1551 Views 0 comment Print

Amendments to Circular No. CFD/DIL3/CIR/2017/21 dated March 10, 2017- Para 7 of circular shall be replaced with following: The Provisions of this circular shall not apply to schemes which solely provides for merger of a wholly owned subsidiary or its division with the parent company. However, such draft schemes shall be filed with the Stock Exchanges for the purpose of disclosures and the Stock Exchanges shall disseminate the scheme documents on their websites.

SEBI amends circular levying Transaction Charges by Commodity Derivatives Exchanges

January 3, 2018 912 Views 0 comment Print

In consultation with the exchanges, clause ‘1 .b’ of the said SEBI Circular stands substituted as under: 1.b The Exchanges will ensure that the ratio between highest to lowest transaction charges in the turnover slab of any contract is not more than 2:1”.

Companies (Amendment) Act, 2017

January 3, 2018 76701 Views 1 comment Print

THE COMPANIES (AMENDMENT) ACT, 2017 received the assent of the Hon’ble President of India on the 3rd January, 2018 which is an An Act further to amend the Companies Act, 2013. By this act 93 amendments been carried out in Companies Act, 2013 to provide relief to stakeholders and to provide more clarity on some […]

All about 7.75% Savings (Taxable) Bonds, 2018

January 3, 2018 7140 Views 3 comments Print

It has been decided by the Government of India to issue 7.75% Savings (Taxable) Bonds, 2018 with effect from January 10, 2018 in terms of GoI notification F.No.4(28) – W&M/2017 dated January 03, 2018.

Insolvency professional to use Registration No. & Address in his communications

January 3, 2018 1644 Views 0 comment Print

In all his communications, whether by way of public announcement or otherwise to a stakeholder or to an authority, an insolvency professional shall prominently state: (i) his name, address and email, as registered with the IBBI, (ii) his Registration Number as an insolvency professional granted by the IBBI, and (iii) the capacity in which he is communicating

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