Foreign Exchange Management (Deposit) Regulations, 2016The Reserve Bank has made the Foreign Exchange Management (Deposit) Regulations, 2016 relating to deposits between a person resident in India and a person resident outside India. By issuing the said regulations, RBI has repealed and superseded regulations under the Foreign Exchange Management (Deposit) Regulations, 2000. It covers the following …
Companies (Share Capital and Debentures) Fourth Amendment Rules, 2016They shall come into force on the date of their publication in the Official Gazette. In the Companies (Share Capital and Debentures) Rules, 2014, in rule 18, after Sub-rule (10), the following sub-rule shall be inserted, namely: – “(11) Nothing contained in this rule shall apply to …
S. No. Compliance Forms to be Filed Relevant Law Due Date 1 Excise Duty payment GAR 7 Central Excise Rules, 2002 5th September 2016 2 Payment of service tax to the department GAR 7 Service Tax Rules, 1994 5th September 2016 3 Tax Deducted at Source payment challan No./ITNS 281 Income Tax Act, 1961 7th …
I. Introduction: Israel Securities Authority had decided to adopt the Goshen Committee recommendations on 17th December, 2006. The Goshen committee recommendations focus on improvement of director independence, particularly regarding approval of related party transactions, improvement in the workings of auditing/balance committees, pertaining to approval of company’s financial statements, improvement of corporate disclosure and accountability and …
Parties: Appellant: Shri Vimal Kishor Shah & Ors. Vs. Respondent: Mr. Jayesh Dinesh Shah & Ors. Citation: CIVIL APPEAL NO.8164 OF 2016. (ARISING OUT OF SLP(C) No. 13369 of 2013) Court: Supreme Court of India Bench: Abhay Manohar Sapre, J. I. Facts: One Shri Dwarkadas Laxmichand Modi executed a family Trust Deed on 06.04.1983 forming …
Shri Vimal Kishor Shah & Ors. Vs. Mr. Jayesh Dinesh Shah & Ors. Read More »
What is GST? How does it work? GST is one of the biggest Indirect Tax Reforms in India. GST is a simpler, efficient and effective tax system in the country, which subsumes the total indirect tax structure into one single payable tax. GST is one indirect tax for the whole nation, which will make India …
Regulation under SEBI (LODR) Regulations, 2015 Particulars Provision under SEBI (LODR) Regulations, 2015 Provision under Equity Listing Agreement Change Reg 7 (3) Compliance Certificate Compliance Certificate signed by both Compliance Officer and authorised representative of share transfer agent, has to be submitted to the stock exchange within one month of closure of each half of …
Imagine paying for everyday purchases directly from your bank, without the need for carrying cash. The RBI’s new interface helps you do just that Reserve Bank of India Governor Raghuram Rajan launched the much awaited Unified Payments Interface (UPI) system, as its latest offering in boosting digital money transfers. The interface has been developed by National …
Congratulations to P. V. Sindhu, Sakshi Malik and Dipa Karmakar for their excellent performance at the Rio Olympics 2016. While it indeed is a matter of pride for having won the medals but it is also a time introspect on how we can further improve our training facilities as well as coaching so that Indian …
Manner of achieving minimum public shareholding requirements in terms of SCRR, 1957With a view to facilitate listed entities to comply with the minimum public shareholding requirements within the time specified in Securities Contracts (Regulation) Rules, 1957 (“SCRR, 1957”), the following additional methods shall be available: – Rights Issues to public shareholders, with promoters/promoter group shareholders …
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