Annual Compliance for Listed Company under Listing Agreement Subject Section & Rules Particular of Compliance Reconciliation of Share Capital Audit 47C Half yearly within 30 days from the end of Half year. Share Transfer Audit 55A Quarterly, within 30 days from the end of each quarter Shareholding Pattern 35 Quarterly, within 21 days from the… Read More »
Foreign Contribution Regulation Act 2010 FAQ’S on Foreign Contribution (Regulation) Act 2010 For Complete Act Click Q.1 What is foreign contribution? Ans. As defined in Section 2(1)(h) of FCRA, 2010, “foreign contribution” means the donation, delivery or transfer made by any foreign source, – (i) of any article, not being an article given to a person*… Read More »
HARYANA VALUE ADDED TAX AMENDMENT ORDINANCE, 2015 HARYANA VALUE ADDED TAX (SECOND AMENDMENT) ORDINANCE, 2015 – AMENDMENT IN SECTIONS 2, 16, 34 & 60; SUBSTITUTION OF SECTIONS 8, 15A & 17 AND INSERTION OF SECTION 54A IN HARYANA VALUE ADDED TAX ACT, 2003 NOTIFICATION NO.LEG.9/2015, DATED 3-8-2015 An ORDINANCE further to amend the Haryana Value… Read More »
Competition Act allows compromise or settlement between parties subject to scrutiny of CCI Competition Act, 2002: Scheme of the Competition Act, 2002 allows the parties to enter into a compromise or settlement, but the same shall be subject to a scrutiny by the Commission, for examining whether public interest would continue to suffer and whether the… Read More »
Recently, Haryana Value Added Tax, 2003 has been amended vide Ordinance issued by the Governor dated 31.7.15 published vide Notification No Leg. 9/2015 dated 3rd August 2015. The concerned amendment is effective with effect from 3rd August 2015. The major amendment increasing time limits for conducting assessment/ reassessment/ revision are laid down as below Section… Read More »
RBI/2015-16/153 DGBA.GAD.No. 617/31.12.010(C)/2015-16 August 13, 2015 The Chairman/Chief Executive Officer All Agency Banks Dear Sir / Madam, Conduct of Government Business by Agency Banks – Payment of Agency Commission Please refer to paragraphs 2 to 7 of our Master Circular No RBI /2015-16/81 dated July 01, 2015 on the captioned subject, wherein government transactions eligible… Read More »
RBI/2015-16/152 FIDD.No.FSD.BC.59/05.04.02/2015-16 August 13, 2015 The Chairman / Managing Director All Public & Private Sector Scheduled Commercial Banks Dear Sir/Madam Union Budget – 2015-16 Interest Subvention Scheme Please refer to our letter FIDD CO.FSD.No.10740/05.04.02/2014-15 dated June 17, 2015 conveying extension of Interest Subvention Scheme upto July 31, 2015. In this regard, it is advised that… Read More »
Buy Latest Book on Foreign Exchange Management -FEMA Highlight ad code TRANSFER OF SHARES AND CONVERTIBLE DEBENTURES OF AN INDIAN COMPANY 1.1 Background General policy regarding transfer of shares to or from non resident are summarised in para 3.4.4 of Consolidated FDI Policy Circular No. 1 of 2014 dated 17-4-2014 issued by DIPP of MC&I Foreign… Read More »
ACQUISITION AND TRANSFER OF PROPERTY IN INDIA ACQUISITION AND TRANSFER OF IMMOVABLE PROPERTY IN INDIA 1.1 Background Restrictions in respect of acquisition and transfer of immovable property in India by non-resident are covered in Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) Regulations, 2000. Instructions are consolidated in RBI Master Circular No.… Read More »
BRANCH OFFICE IN INDIA ESTABLISHMENT OF BRANCH OR OFFICE IN INDIA 1 Background Provisions to prohibit, restrict and regulate establishment in India of a branch or office or other place of business by a person resident outside India are contained in Foreign Exchange Management (Establishment in India of Branch or Office or other Place of… Read More »