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Debts Recovery Tribunal (Procedure) Amendment Rules, 2016

April 6, 2016 7747 Views 0 comment Print

1. (1) These rules may be called the Debts Recovery Tribunal (Procedure) Amendment Rules, 2016. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Debts Recovery Tribunal (Procedure) Rules, 1993, in rule 19, for the word Saturdays, the words second Saturday of a month may be substituted.

Debts Recovery Tribunal Procedure Amendment Rules, 2016

April 6, 2016 1228 Views 0 comment Print

G.S.R. 407(E).-In exercise of the powers conferred by sub-sections (1) and (2) of section 36 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (51 of 1993), the Central Government hereby makes the following rules further to amend the Debts Recovery Tribunal (Procedure) Rules, 1993

EVC for e-filed Form 35 of Appeal to Commissioner (Appeals)

April 6, 2016 6067 Views 0 comment Print

The manner of furnishing the new Form No. 35 has been prescribed by sub-rule (2) of rule 45. Sub-rule (5) of rule 45 empowers the Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems) to (i) specify the procedure for electronic filing of Form No. 35 and documents;

New instructions for preparation of B/S & P/L of a Company

April 6, 2016 62416 Views 3 comments Print

Every company to which Indian Accounting Standards apply, shall prepare its financial statements in accordance with this Schedule or with such modification as may be required under certain circumstances.

RBI Changes Bank Rate to 7% with effect from April 05, 2016

April 5, 2016 2305 Views 1 comment Print

As announced in the First Bi-Monthly Monetary Policy Statement 2016-17 dated April 05, 2016, the Bank Rate stands adjusted by 75 basis points from 7.75 per cent to 7.0 per cent with effect from April 05, 2016.

RBI reduces minimum daily maintenance of Cash Reserve Ratio requirement to 90 per cent

April 5, 2016 1504 Views 0 comment Print

As announced in the First Bi-Monthly Monetary Policy Statement 2016-17 dated April 5, 2016, it has been decided to reduce the minimum daily maintenance of the Cash Reserve Ratio from 95 per cent of the requirement to 90 per cent effective from the fortnight beginning April 16, 2016.

Revised Procedure for registration & submission of report of reporting financial institution

April 4, 2016 3403 Views 1 comment Print

Submission of Form 61B: Every reporting financial institution is required to submit the Statement of Reportable Account in Form 61B or submit Nil statement. The prescribed schema for Form 61B and a utility to prepare XML file can be downloaded from thee-filing website home page under forms (other than ITR) tab. The designated director is required to login to the e-filing website with the ITDREIN, PAN (of the designated director) and password The form is required to be submitted using a Digital Signature Certificate of the designated director.

Companies Filing of Documents & Forms in XBRL Language Amendment Rules, 2016

April 4, 2016 4291 Views 0 comment Print

n exercise of the powers conferred by sub-sections (1) and (2) of section 469 read with section 398 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2015, namely:-

Sec. 10(46) CBDT notifies Sikkim State Electricity Regulatory Commission

April 4, 2016 745 Views 0 comment Print

In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act. 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, the Sikkim State Electricity Regulatory Commission, constituted under the Electricity Act, 2003 (39 of 2003), in respect of the following specified income arising to that Commission, namely:-

Hazardous and Other Wastes (Management and Transboundary Movement) Rules, 2016

April 4, 2016 4615 Views 0 comment Print

These rules shall apply to the management of hazardous and other wastes as specified in the Schedules to these rules but shall not apply to – (a) waste-water and exhaust gases as covered under the provisions of the Water (Prevention and Control of Pollution) Act, 1974 (6 of 1974) and the Air (Prevention and Control of Pollution) Act, 1981 (14 of 1981) and the rules made there under and as amended from time to time;

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