Daily Archives: October 4, 2016

Financial Resolution and Deposit Insurance Bill 2016

By | October 4, 2016

Financial Resolution and Deposit Insurance Bill 2016 An Act to establish a framework to carry out the resolution of certain categories of financial service providers in distress, to provide deposit insurance to consumers of certain categories of financial services and for designation of Systemically Important Financial Institutions by the Central Government for resolution; And whereas… Read More »

SEBI revised FPI debt Limits – Investments by FPIs in Government securities

By | October 4, 2016

CIRCULAR IMD/FPIC/CIR/P/2016/107 October 03, 2016 To All Foreign Portfolio Investors through their designated Custodians of Securities The Depositories (NSDL and CDSL) Sir / Madam, Sub: Investments by FPIs in Government securities 1. RBI in its Fourth Bi-monthly Policy Statement for the year 2015-16, dated September 29, 2015 had announced a Medium Term Framework (MTF) for… Read More »

National Advisory Committee on Accounting Standards Notified

By | October 4, 2016

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 3rd October, 2016 S.O. 3118(E).—In exercise of the powers conferred by sub-section (1) of section 210A of the Companies Act, 1956, (1 of 1956), the Central Government hereby constitutes an Advisory Committee to be called the National Advisory Committee on Accounting Standards, consisting of the following persons,… Read More »

Depreciable asset is short-term asset, eligible for exemption : SC

By | October 4, 2016

Depreciable asset is short-term asset, eligible for exemption: The Supreme Court of India held that even though a depreciable asset is treated as a short-term asset, it is eligible for an exemption under a special provision for computing capital gains of depreciable assets. T The case is:V.S. Dempo Company Ltd. Download  Full report of KPMG Depreciable asset is… Read More »

Download GSTR 3 Form – GST Monthly Return Form

By | October 4, 2016

Download GSTR 3 Form – GST Monthly Return Form Download GSTR 3 Form – GST Monthly Return Form. Download GSTR 3 Form in PDF Format. Here we provide GST Return Form GSTR – 3 in PDF Format. GSTR 3 Form is applicable for “Monthly return (other than compounding taxpayer and ISD)” and GSTR 3 form is required to… Read More »

Download GSTR 2 Form- Inward Supplies / Purchases Received

By | October 4, 2016

Download GSTR 2 Form Download GSTR 2 Form – Inward supplies received by a taxpayer. Download GSTR – 2 (Purchase Register) Form in PDF Format. Here we provide GST Return Form GSTR 2 in PDF Format. This GSTR -2 Form  is applicable for “Inward supplies received by a taxpayer” and This GSTR  form is require to submit on 15th of… Read More »

ICSI new Procedure for new ACS membership

By | October 4, 2016

The Institute of Company Secretaries of India Modification in the procedure of applying for new ACS membership The Council of the Institute has approved the followings to simplify the procedure for accepting & processing the applications for new ACS membership as under: i. Henceforth, students can submit all supporting documents under self-attestation of the applicant… Read More »

Insolvency and Bankruptcy Board of India Notified by Govt

By | October 4, 2016

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 1st October, 2016 S.O. 3110(E).-In exercise of the powers conferred by sub-section (1) and (3) of section 188 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby appoints 01st October, 2016 as the date of establishment of Insolvency and Bankruptcy Board of… Read More »