Follow Us:

Notifications/Circulars

IRDA will soon issue circular on IPO guidelines for life insurance companies

November 23, 2010 592 Views 0 comment Print

Speaking at the graduation ceremony of Executive Programme in Insurance and Risk Management (EPIRM), Mr Hari Narayan said, “if there is an enhancement of FDI, there perhaps will be greater activity in the IPO space. Some companies will start completi

Limited Liability Partnership (Second Amendment) Rules, 2010 – Substitution of Form 10 in the Annexure

November 23, 2010 636 Views 0 comment Print

Limited Liability Partnership (Second Amendment) Rules, 2010 – Substitution of Form 10 in the Annexure Notification No. G.S.R. 914(E), dated 15-11-2010 In exercise of the powers conferred by sub-sections (1) and (2) of section 79 of the Limited Liability Partnership Act, 2008 (6 of 2009), the Central Government hereby makes the following rules further to […]

Increase in allowance exemption limit for employee working in any transport system

November 22, 2010 1129 Views 0 comment Print

Notification No. 85/2010-Income Tax Exemption Limit in respect of employee working in any transport system:- From 01.09.2008- Any Allowance granted to an employee working in any transport system for meeting his personal expenditure during his duty performed in the course of running of such transport from one place to another place, provided that such employee is not in receipt of daily allowance – up to 70% of allowance, maximum of Rs. 10,000 p.m.

Tax Return Preparer (First Amendment) Scheme, 2010 – Amendment in paragraphs 2 and 11

November 22, 2010 691 Views 0 comment Print

Notification No. 84/2010-Income Tax In exercise of the powers conferred by sub-section (1) of section 139B of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby amends the Tax Return Preparer Scheme, 2006, published vide notification number S.O. 2039(E) dated the 28th November, 2006

Reopening/revision of annual accounts after their adoption in AGM- ROC Circular

November 22, 2010 837 Views 0 comment Print

Your attention is drawn to the provisions of section 220 of the Companies Act, 1956 which provide for the manner in which annual accounts (viz balance sheet and profit and loss account etc) are laid before annual general meeting for adoption by shareholders and filed with Registrar.

Filing of ROC documents with delay on payment of additional fee

November 22, 2010 960 Views 0 comment Print

Section 611(2) of the Companies Act, 1956 permits filing of documents with delay, without prejudice to any other liability, on payment of additional fee not exceeding ten times of the statutory fees for filing documents. 2. Implementation of MCA-2

Change in additional fee to be levied for delays in filing forms with ROC

November 22, 2010 2213 Views 0 comment Print

In partial modification of the earlier Circular No.14/3/87-CL-V Vol.III dated 21.3.1995, the following table shall be applicable for additional fee to be levied for delays in filing Forms other than Form 5.

IRDA may soon issue guidelines for listing of insurance companies

November 21, 2010 574 Views 0 comment Print

The Insurance Regulatory and Development Authority (Irda) will soon issue guidelines for listing of insurance companies and portability of motor and health insurance policies between companies, Chairman Hari Narayan has said. On listing of non-life i

Section 11 of the Special Economic Zones Act, 2005 – Rescission of all previous notifications appointing Director, Software Technology Parks of India-Bangalore as Development Commissioner of Information Technology and Information Technology Enabled Servic

November 21, 2010 375 Views 0 comment Print

NOTIFICATION NO. S.O. 2686(E), DATED 29-10-2010 – In exercise of the powers conferred by sub-section (1) of section 11 of the Special Economic Zones Act, 2005, the Central Government hereby rescinds all previous notifications appointing Director, Software Technology Parks of India-Bangalore as Development Commissioner of Information Technology and Information Technology Enabled Services Special Economic Zones, in the State of Karnataka.

Insurance – Interpretation of ‘First Ten Years of Business’ under section 40A of the Insurance Act, 1938

November 21, 2010 1945 Views 0 comment Print

Section 40A of the Insurance Act, 1938 (‘the Act’) lays down the permissible limits for payment of commission or remuneration, in any form, in respect to any policy of life insurance issued in India by an insurer and effected through an insurance agent, in various lines/segments of life insurance business. The proviso to the said section permits life insurers, in the first ten years of business, to pay forty per cent of the first year’s premium payable on the policy, towards commission.

Search Post by Date
June 2026
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930