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National Company Law Appellate Tribunal Rules, 2016

July 21, 2016 43760 Views 0 comment Print

1. Short title and commencement.- (1) These rules may be called the National Company Law Appellate Tribunal Rules, 2016. (2)They shall come into force on the date of their publication in the Official Gazette.

Reg. Classification of Glyphosate Isopropyl amine

July 21, 2016 21159 Views 0 comment Print

Representations have been received from the members of the trade requesting clarification regarding Glyphosate Isopropyl amine (Glyphosate 360 Acid) which was placed under the category of Plant Growth Retardant in the annexure to the circular at Table 1 in the opinion received from IARI.

Tax Deduction in foreign earning calculation for SFIS/SEIS Schemes

July 21, 2016 20840 Views 0 comment Print

Deduction of State /Central Taxes collected from the customers while calculating foreign earnings for SFIS/SEIS Schemes- The State/ Central taxes payable by the Customer to Governments are collected from the Customer by the Service Provider on behalf of the Governments concerned. Hence, such taxes arc not earnings of the service provider, as per the above provisions.

Rate of exchange of foreign currency conversion WEF 22.07.2016

July 21, 2016 20655 Views 0 comment Print

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No.102/2016-Customs (N.T.) New Delhi, dated: 21st July, 2016 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 […]

Basel III Framework on Liquidity Standards

July 21, 2016 20923 Views 0 comment Print

It has been decided that, in addition to the above-mentioned assets, banks will be permitted to reckon government securities held by them up to another 1 per cent of their NDTL under FALLCR within the mandatory SLR requirement as level 1 HQLA for the purpose of computing their LCR.

RBI Lending to Micro, Small & Medium Enterprises Directions, 2016

July 21, 2016 24941 Views 0 comment Print

(a) These Directions shall be called the Reserve Bank of India [Lending to Micro, Small & Medium Enterprises (MSME) Sector] Directions, 2016. (b) These Directions shall come into effect on the day they are placed on the official website of the Reserve Bank of India.

Central KYC Registry Operating Guidelines 2016

July 21, 2016 24244 Views 0 comment Print

a) Central KYC Registry application can be accessed by registered/authorised institutions or other notified institutions under the Prevention of Money Laundering Act or rules framed by the Government of India or any Regulator (RBI, SEBI, IRDA and PFRDA) thereunder.

Operationalisation of Central KYC Records Registry (CKYCR)

July 21, 2016 21425 Views 0 comment Print

  Securities and Exchange Broad of India CIRCULAR CIR/MIRSD/66/2016 July 21, 2016 1. All Recognized Stock Exchanges 2. Stock Brokers through Recognized Stock Exchanges 3. All recognised Depositories 4. Depository Participants through Depositories 5. Association of Mutual Funds in India 6. Mutual funds through AMFI 7. Portfolio Managers 8. KYC Registration Agencies (KRAs) 9. Alternative […]

Closure of EPCG authorizations in case of supplies to SEZ units

July 20, 2016 21996 Views 0 comment Print

Closure Of EPCG authorizations in case of supplies to SEZ units which have been made prior to 01.4.2015 and where exports proceeds have not been realized through Foreign Currency Account (FCA) of the SEZ unit.

CBDT notifies 37 new districts as backward areas

July 20, 2016 25226 Views 0 comment Print

CBDT notifies 9 districts in the State of Telangana, 11 Districts in the State of West Bengal and 17 Districts in State of Bihar as backward areas under the first proviso to clause (iia) of sub-section (1) of section 32 and sub-section (1) of section 32AD of the Income Tax Act 1961

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