Category Archives: Notifications

Registration of Insolvency professional Agency

By | November 23, 2016

Registration of Insolvency professional Agency [as per Insolvency and Bankruptcy Board of India (Insolvency Professional Agencies) Regulations, 2016 ] Eligibility for registration of Insolvency professional Agency No person shall be eligible to be registered as an insolvency professional agency unless it is a company registered under section 8 of the Companies Act, 2013, and – a) its… Read More »

Small Saving Schemes not allowed to deposit Old currency notes of Rs 500-1000

By | November 23, 2016

Small Saving Schemes not allowed to deposit Old currency notes of Rs 500-1000 Ministry of finance has conveyed vide F.No. 1/04/2016-NS, dated: 22.11.2016 that subscribers of small scheme may not be allowed to deposit old demonetised currency notes of Rs. 500 and Rs. 1000, in Small Saving Schemes. Small Saving Schemes include Post Office Savings… Read More »

Brand rate fixation claim- Revised simplified procedure

By | November 23, 2016

F.No.609/84/2016-DBK Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Drawback Division, New Delhi Circular No. 54/2016-Customs, Dated: November 22, 2016 To, Principal Chief Commissioners/ Directors General Chief Commissioners/ Directors General Principal Commissioners/Commissioners, all under CBEC Subject: Further rationalization of revised simplified procedure for fixation of brand rates It… Read More »

Parking Charges Suspension at Airports extended till 28.11.16

By | November 23, 2016

Suspension of Parking Charges at Airports extended till 28.11.16 The Ministry of Civil Aviation has decided to extend the suspension of collection of parking charges at all airports till midnight of 28 November 2016. This has been done in order to facilitate the smooth movement of passengers. Ministry of Civil Aviation 22-November, 2016 2

Insolvency Professional Agencies Regulations 2016 Notified

By | November 23, 2016

INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, the 21st November, 2016 Insolvency and Bankruptcy Board of India (Insolvency Professional Agencies) Regulations, 2016 IBBI/2016-17/GN/REG002..— In exercise of the powers conferred by sections 196, 201, 202, 219, and 220 read with section 240 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Board… Read More »

Model Bye-Laws and Governing Board of Insolvency Professional Agencies Regulations 2016

By | November 23, 2016

INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, the 21st November, 2016 Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations, 2016 IBBI/2016-17/GN/REG001.— In exercise of the powers conferred by sections 196, 203 and 205 read with section 240 of the Insolvency and Bankruptcy Code, 2016 (31… Read More »

Vice Chairman, Delhi Development Authority as Regulatory Authority under Real Estate (Regulation and Development) Act, 2016

By | November 23, 2016

MINISTRY OF URBAN DEVELOPMENT (DELHI DIVISION) ORDER New Delhi, the 21st November, 2016 S.O. 3494(E).—Whereas, the third proviso to sub-section (1) of section 20 of the Real Estate (Regulation and Development) Act, 2016 stipulates that until the establishment of a Regulatory Authority, the appropriate Government shall designate any Regulatory Authority or any officer as the… Read More »

Power to recover arrears of penalty under FEMA w.e.f 22.11.2016 – Notifcation

By | November 23, 2016

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 21st November, 2016 G.S.R. 1080(E).— In exercise of the powers conferred by section 228 of the Finance Act, 2016 (28 of 2016), the Central Government hereby appoints the 22nd day of November, 2016, as the date on which the provision of section 229 of the… Read More »

OIDAR service – Power of Officers under Chapter-V of the Finance Act Notified

By | November 23, 2016

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 22nd November, 2015 No. 50/2016-Service Tax G.S.R. 1082(E).—In exercise of the powers conferred by clause (b) of section 2 of the Central Excise Act, 1944 (1 of 1944), read with clause (55) of section 65B of the Finance Act 1994 (32 of 1994), rule 3… Read More »

CBDT amends Rules relating to business connection of offshore funds

By | November 22, 2016

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 21st November, 2016 INCOME-TAX S.O. 3498(E).—In exercise of the powers conferred by section 295 read with section 9A of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend… Read More »