Monthly Archives: September 2016

Internet broadcasting companies to obtain statutory license under Copyright Act

By | September 8, 2016

SECTION 31D OF THE COPYRIGHT ACT, 1957 – STATUTORY LICENCE FOR BROADCASTING OF LITERARY AND MUSICAL WORKS AND SOUND RECORDING – CLARIFICATIONS ON PROVISIONS OF SAID SECTION OFFICE MEMORANDUM [F.NO.14-35/2015-CRB/LU (IPR VII)], DATED 5-9-2016 Representations have been received from various Stakeholders as to whether the internet broadcasting companies come under the purview of Statutory Licensing… Read More »

SEBI Guidelines for Due Date Rate fixation for Regional Commodity Derivatives Exchanges

By | September 8, 2016

CIRCULAR SEBI/HO/CDMRD/DRMP/CIR/P/2016/79 September 07, 2016 To, The Managing Directors/Chief Executve Officers, Regional Commodity Derivatives Exchanges Sir/Madam, Sub: Guidelines for Due Date Rate (DDR) fixation for Regional Commodity Derivatives Exchanges 1. As per Section 131 (4) of the Finance Act, 2015 all rules, directions, guidelines, instructions, circulars, or any like instruments, made by the erstwhile Forward… Read More »

Penalty for short collection/non-collection of margins from clients

By | September 8, 2016

CIRCULAR SEBI/HO/CDMRD/DRMP/CIR/P/2016/80 September 07, 2016 To, The Managing Directors/Chief Executve Officers, National Commodity Derivatives Exchanges Sir/Madam, Sub: Mechanism for regular monitoring of and penalty for short collection/non-collection of margins from clients 1. As per Section 131 (4) of the Finance Act, 2015 all rules, directions, guidelines, instructions, circulars, or any like instruments, made by the… Read More »

Transaction Charges by Commodity Derivatives Exchanges

By | September 8, 2016

CIRCULAR SEBI/HO/CDMRD/DMP/CIR/P/2016/82 September 07, 2016 To, The Managing Directors / Chief Executive Officers of All Commodity Derivatives Exchanges Sir / Madam, Sub: Transaction Charges by Commodity Derivatives Exchanges 1. The Commodity Derivatives Exchanges are collecting transaction charges from the members for the trades executed on their trading platform. In order to promote competition in the… Read More »

Daily Price Limits for Non-Agricultural Commodity Derivatives/ First Day DPL for All Commodity Derivatives

By | September 8, 2016

CIRCULAR SEBI/HO/CDMRD/DMP/CIR/P/2016/83 September 07, 2016 To, The Managing Directors / Chief Executive Officers National Commodity Derivatives Exchanges Sir / Madam, Sub.: Daily Price Limits (DPL) for Non-Agricultural Commodity Derivatives/ First Day DPL for All Commodity Derivatives 1. As per Section 131(4) of Finance Act, 2015 all rules, directions, guidelines, instructions, circulars, or any like instruments,… Read More »

Rules Amendment for Appointment of IEPF Chairperson & Members

By | September 8, 2016

GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS Notification New Delhi, the 5th September 2016 G.S.R. (E) — In exercise of the powers conferred by section 469 read with sub-sections (5), (6) and (7) of section 125 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Investor Education… Read More »

Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016.

By | September 8, 2016

GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS Notification New Delhi, the 5th September 2016 G.S.R. – In exercise of the powers conferred by sub-sections (1), (2), (3), (4), (8), (9), (10) and (11) of section 125 and sub-section (6) of section 124 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government… Read More »

Import prices on CIF basis at or above which safeguard duty on subject goods will not be applicable

By | September 8, 2016

Seeks to amend notification No. 1/2016-Customs(SG) dated 29.03.2016 to prescribe import prices on CIF basis at or above which safeguard duty on subject goods will not be applicable Government of India Ministry of Finance (Department of Revenue) Notification No. 2/2016-Customs (SG) New Delhi, the 5th August, 2016 G.S.R. (E). – In exercise of the powers conferred by sub-section (1) of… Read More »

Anti-dumping duty on imports of Para Nitroaniline

By | September 8, 2016

Seeks to extend the levy of anti-dumping duty on imports of Para Nitroaniline, originating in, or exported from Peoples Republic of China, (imposed vide notification No. 88/2011-Customs, dated 9th September, 2011) for a period of one year i.e. upto and inclusive of the 8th September, 2017. [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY,… Read More »

Low rate of tax on passenger travel by air from/to Regional Connectivity Scheme Airport

By | September 8, 2016

Low rate of tax on passenger travel by air from/to Regional Connectivity Scheme Airport Earlier, abatement of 60% was available for the service of Transport of passengers by air subject to a condition that CENVAT credit of Inputs and capital goods is not available. Recently to promote travel from/to Regional Connectivity Scheme Airport, Central Government… Read More »