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Procedure for registration for statement of financial transactions

December 30, 2016 16396 Views 0 comment Print

Procedure for registration for statement of financial transactions (SFT) as per section 285BA of Income-tax Act 1961 read with Rule 114E of Income-tax Rules, 1962

President assents Specified Bank Notes (Cessation of Liabilities) Ordinance, 2016

December 30, 2016 12355 Views 0 comment Print

President assents Specified Bank Notes (Cessation of Liabilities) Ordinance, 2016 to cancel legal tender character of old 500 & 1000 banknote

Registration & Submission of Form V under PMGK Deposit Scheme

December 30, 2016 3154 Views 0 comment Print

Procedure for registration and submission of Form V for Reporting under Pradhan Mantri Garib Kalyan Deposit Scheme (PMGK), 2016.

Grace period to deposit old notes to Non Residents & Residents abroad

December 30, 2016 2464 Views 1 comment Print

A citizen of India who makes a declaration that he was outside India between the 9th November, 2016 to 30th December, 2016 shall be entitled to tender old demonetised notes within the grace period with such declarations or statements, at such offices of the Reserve Bank or in such other manner as may be specified

SEBI (Portfolio Managers) (Amendment) Regulations, 2016

December 29, 2016 1381 Views 0 comment Print

The provisions of this Chapter shall apply to eligible fund managers exclusively, pertaining to their activities as portfolio managers to eligible investment funds.

Sanction of Additional Working Capital Limits to Micro & Small Enterprises

December 29, 2016 1204 Views 0 comment Print

Consequent upon withdrawal of legal tender status of Specified Bank Notes (SBN) of Rs. 500 and Rs. 1000 denominations and based on feedback that some MSEs are facing temporary difficulties in carrying out their normal business due to cash flow mismatches, it has been decided to review the above instructions.

Introduction of Interest Rate Options in India

December 29, 2016 1297 Views 0 comment Print

As announced in the fourth bi-monthly Monetary Policy Statement 2016-17, it has been decided to introduce Interest Rate Options in India.

Companies (Incorporation) Fifth Amendment Rules, 2016

December 29, 2016 10186 Views 0 comment Print

Simplified Proforma for Incorporating Company Electronically (SPICe).-(1) The application for incorporation of a company under this rule shall be in FORM No. INC-32 (SPICe) alongwith e-Memorandum of Association (e-MOA) in Form No.lNC-33 and e-Articles of Association (e-AOA) in Form no. INC-34.

Deceleration under Direct Tax Dispute Resolution Scheme can be filed till 31.01.2017

December 29, 2016 1873 Views 0 comment Print

Deceleration under Direct Tax Dispute Resolution Scheme can be filed till 31.01.2017 instead of earlier time allowed till 31.12.2016.

President assents Rights of Persons With Disabilities Act, 2016

December 28, 2016 1351 Views 0 comment Print

Rights of Persons With Disabilities Act, 2016 received the assent of the President on the 27th December, 2016, and is hereby published for general information

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