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MCA amends DIN 1, 4 and eForm 18

MCA amends eForms Din 1 & 4 and 18 Ministry of Corporate Affairs vide Notification G.S.R (E) dated December 24, 2012 has amended e-forms DIN 1, DIN 4 and Form 18. The new eforms shall come into effect from 25th December 2012 . The details regarding the amendment is summarized below 1. Form DIN 1: […]

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Others recent

Date Update 3-April-2014 Bandhan, IDFC bag licences to set up banks:. 21-August-2012 RBI:Overseas Direct Investments – Rationalisation of Form ODI 13-August-2012 RBI:Exim Bank’s Line of Credit of USD 40.32 million to the government of the Republic of Chad. 7-April-2010 New RBI norm on interest computation to cheer savings account holders 1-April-2010 RBI gives more leeway […]

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Taxation Laws recent

Date Update 11 February 2014 Clarification regarding scope of additional income-tax on income distributed to unit holders 24 January 2014 Explanatory Notes to the Provision of Finance Act, 2013 13 January 2014 SECTION 194-I OF THE INCOME-TAX ACT, 1961 – DEDUCTION OF TAX AT SOURCE – RENT – CLARIFICATION REGARDING TDS UNDER CHAPTER XVII-B ON […]

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Securities Laws recent

  Date Update 20-January-2014 FII Position Limits in Exchange Traded Interest Rate Futures (IRF) 08-January-2014 Operational Guidelines for Designated Depository Participants 07-January-2014 Delivery Instruction Slip (DIS) Issuance and Processing 07-January-2014 Reporting of Trades in Securitised Debt Instruments in Trade Reporting Platforms and Clearing and Settlement of trades in Securitised Debt Instruments through Clearing Corporations 13-August-2012 […]

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NBFCs & Forex Laws Recent

Date Update 04-April-2014 RBI ban on new NBFCs triggers licence trading 20-February-2014 Foreign Direct Investment (FDI) into a SSI/MSE and in Industrial Undertaking manufacturing items reserved for SSI/MSE allowed to the extent of 24% of its paid-up capital. 23-January-2014 Review of Guidelines on Restructuring of Advances by NBFCs as indicated in the Second Quarter Review […]

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Finance & Derivatives recent

Date Update 30-May-2012 Morgan Stanley gets RBI nod for banking licence 07-September-2011 External Commercial Borrowings-Simplification of Procedures 22-April-2010 RBI tightens loan securitisation rules for banks 21-April-2010 RBI issues draft norms for securitisation 19-April-2010 PNs to rise after Sebi ban on structured vehicles 19-April-2010 PNs to rise after Sebi ban on structured vehicles 8-April-2010 Goldman defends […]

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Corporate Laws recent

  Date Update 27-Feb-2014 Government notifies Rules for CSR Activities(Applicable from 1st April, 2014) The government has notified the rules for corporate social responsibility spending under the new companies law, putting in place the much-debated plan aimed at encouraging companies to spend a portion of their profits on projects that benefit society. 27-Feb-2014 Amendments to […]