Daily Archives: February 11, 2016

Market value of Rural Land shall be multiplied by 2 : Govt notify

By | February 11, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] NOTIFICATION New Delhi, the 9th February, 2016 S.O. 425(E).—In exercise of the powers conferred by column no. 3 of serial no. 2 of the First Schedule read with sub-section (2) of section 30 of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and… Read More »

Govt notify Land limit for purchase by Private negotiation under land Acquisition Act

By | February 11, 2016

The Gazette of India EXTRAORDINARY PART II—Section 3—Sub-section (ii) MINISTRY OF RURAL DEVELOPMENT NOTIFICATION New Delhi, the 9th February, 2016 S.O. 424(E).—In exercise of the powers conferred by sub-section (1) of section 46 of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (No. 30 of 2013), the Central… Read More »

Regional Rural Banks (Amendment) Act, 2015 w.e.f 04.02.16

By | February 11, 2016

The Gazette of India EXTRAORDINARY PART II—Section 3—Sub-section (ii) MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 4th February, 2016 S.O. 363(E).—In exercise of the powers conferred by sub-section (2) of section 1 of the Regional Rural Banks (Amendment) Act, 2015 (14 of 2015), the Central Government hereby appoints the 4th day… Read More »

ICAI released Guidance Note on Accounting for Depreciation as per Schedule II to the Companies Act, 2013

By | February 11, 2016

Guidance Note on Accounting for Depreciation as per Schedule II to the Companies Act, 2013 Download Guidance Note on Accounting for Depreciation as per Schedule II to the Companies Act, 2013     Click to View Guidance Note on Accounting for Depreciation as per Schedule II to the Companies Act, 2013 – (11-12-2016)

Policyholders can take insurance from any insurer :IRDA

By | February 11, 2016

Source : Insurance Regulatory  and Development Authority of India Ref:IRDA/NL/CIR/MISC/024/02/2016 Date:10-02-2016 It is well known fact that policyholders have a prerogative to choose any agent, intermediary or any insurer to avail of insurance services. Of late, it has come to the notice of the Authority that some general insurance companies having tie-ups with a particular… Read More »

IRDA issues draft on Issuance of e – insurance policy

By | February 11, 2016

Source : Insurance Regulatory and Development Authority of India 11-02-2016 Consequent upon promulgation of Insurance Laws (Amendment) Act, 2015 a new section in the Insurance Act, 1938 has been incorporated which reads as under- Section 14(2) of the Insurance Act, 1938, has given the provision that “Every insurer shall, in respect of all business transacted… Read More »

Basel III Framework on Liquidity Standards

By | February 11, 2016

RBI/2015-16/320 DBR. BP. BC. No. 77/21.04.098/2015-16 February 11, 2016 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Basel III Framework on Liquidity Standards – Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure Standards Please refer to our circulars DBOD.BP.BC.No.120/21.04.098/2013-14 dated June 9, 2014 and DBR.BP.BC.No.52/21.04.098/2014-15 dated November 28, 2014 on ‘Basel III… Read More »