1. These regulations may be called the Securities and Exchange Board of India (Employees’ Service) (Amendment) Regulations, 2016. n2. They shall come into force on the date of their publication in the Official Gazette.
S.O. 3592(E).—Whereas by notifications of the Government of India, in the Ministry of Finance (Department of Revenue) issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified projects/schemes for exemption
MCA notified following provisions of Insolvency and Bankruptcy Code, 2016 from 1st December, 2016 (1) clause (a) to clause (d) of section 2 (except with regard to voluntary liquidation or Bankruptcy);
Cash withdrawal from a bank account over the counter shall be such as may be specified by the Reserve Bank of India from time to time: Provided that cash withdrawal from a current account shall be such as may be specified by the Reserve Bank of India from time to time:
Wef 03.12.2016 Old Rs. 500 notes cannot be used at for purchase of petrol, diesel and gas at the stations operating under authorisation of Public Sector Oil Marketing Companies and at airline ticketing counters at airports for purchase of tickets
(i) being an immovable property, period for which such property is held shall be reckoned from date on which such property is acquired if date of acquisition is evidenced by a deed registered with any authority of a State Government;
The statement of income distributed by a securitisation trust to its investor shall be furnished to the Principal Commissioner or the Commissioner of Income-tax within whose jurisdiction the principal office of the securitisation trust is situated, by 30th day of November of the financial year following the previous year during which such income is distributed:
Seeks to exempt Point of Sale (POS) devices and goods required for its manufacture from central excise duty till 31st March, 2017
Beginning November 9, 2016, there has been a surge in deposits relative to the expansion in bank credit, leading to large excess liquidity in the system. The magnitude of surplus liquidity available with the banking system is expected to increase further in the fortnights ahead.
In exercise of powers conferred by sub-section (2) of section 1 of the Sick Industrial Companies (Special Provisions) Repeal Act, 2003 (1 of 2004), the Central Government hereby appoints the 1st day of December, 2016, as the date on which the provisions of the said Act shall come into force.
