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Notifications/Circulars

Enemy Property (Amendment and Validation) Act, 2017

March 14, 2017 4095 Views 0 comment Print

(1) This Act may be called the Enemy Property (Amendment and Validation) Act, 2017. (2) Save as otherwise provided in this Act, it shall be deemed to have come into force on the 7th day of January, 2016.

Notification No. 06/2017-Central Excise (N.T.), Dated: 14.03.2017

March 14, 2017 2718 Views 0 comment Print

In exercise of powers conferred by clause (b) of section 2 of the Central Excise Act, 1944(1 of 1944) read with sub-rule (1) of rule 3 of the Central Excise Rules, 2002, the Central Board of Excise and Customs makes the following further amendment in the notification of the Government of India, Ministry of Finance (Department of Revenue), Notification No. 38/2001-Central Excise (N.T.) dated the 26th June, 2001, namely

IRDA guidelines for investment in Units of REITs / InvITs

March 14, 2017 1638 Views 0 comment Print

Insurers can invest in Units of REITs / InvITs which conform to the following: i. The REIT /InvIT rated not less than AA shall form part of Approved Investments. REIT / InvIT rated less than AA shall form part of Other Investments.

CBEC Master Circular on Show Cause Notice, Adjudication & Recovery

March 10, 2017 80547 Views 1 comment Print

The master circular is divided into four parts. Part I deals with Show Cause Notice related issues, Part II deals with issues related to Adjudication proceedings, Part III deals with closure of proceedings and recovery of duty and Part IV deals with miscellaneous issues.

Redress investor’s complaint within 15 days: SEBI

March 10, 2017 1449 Views 0 comment Print

Redressal of complaints against Stock Brokers and Depository Participants through SEBI Complaints Redress System (SCORES)’ within 15 days.

Now RBI website at your fingertips

March 10, 2017 1476 Views 0 comment Print

Reserve Bank of India today formally launched a mobile application (app) version of Reserve Bank of India’s website (www.rbi.org.in). The app is available on Android as well as iOS platforms and can be downloaded from the Play Store/App Store in one’s Android phone/iPhone, respectively, using the keyword Reserve Bank of India

Change of date of birth of Employees Pension Fund member-Reg.

March 10, 2017 2241 Views 0 comment Print

vide Head Office letter no. Pension-l/lnstructions/Guidelines/2016/ 11900 dated 07.10.2016 it was directed that the request for change in date of birth must have approval of RPFC in charge of the Region.

Requirements for submission of Scheme of M&A for sanction by NCLT

March 10, 2017 5508 Views 0 comment Print

Regulation 11 of the listing regulations, inter-alia, provides that any scheme of arrangement / amalgamation / merger / reconstruction / reduction of capital etc. to be presented to any Court or Tribunal does not in any way violate, override or limit the provisions of securities laws or requirements of the Stock Exchanges

IRDA Guidelines on Insurance e-commerce

March 9, 2017 13416 Views 0 comment Print

The Chief Executive Officer and the compliance officer of applicant’s ISNP shall file with the Authority annually a compliance certificate certifying that the information displayed on the webs-site, the processes, procedures and any other mechanism by whatever name called. displayed and implemented on the platform were in compliance to the these guidelines at all times.

Section 269SS and 269T applicable to NBFC: RBI

March 9, 2017 23808 Views 0 comment Print

Section 269SS and 269T of the Income Tax Act, 1961, the requirements under the Income Tax Act, 1961, as amended from time to time, would be applicable to all NBFCs with immediate effect. Currently, the relevant threshold under the Income Tax Act, 1961 is Rupees Twenty thousand.

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