Category Archives: other Acts

New Rs 50 bank Notes to be issued by RBI

By | December 4, 2016

Issuance of Rs 50 banknotes without inset letter, with numerals in ascending size in number panels, and without intaglio printing The Reserve Bank of India will shortly issue Rs 50 denomination banknotes in the Mahatma Gandhi Series-2005, without inset letter in both the number panels, bearing signature of Dr. Urjit R Patel, Governor, Reserve Bank… Read More »

Online Duplicate mark sheet / Pass certificate for CA Students

By | December 4, 2016

Online Duplicate mark sheet /Pass certificate for CA Students An on-line facility for submission of requests for issue of duplicate mark sheets/pass certificates has been put in place at http://icaiexam.icai.org. Those who are desirous of applying for issue of duplicate mark sheets/pass certificates, can now apply for the same, on-line, at the above site and… Read More »

ICAI invites suggestions on revised Model GST Law

By | December 4, 2016

 ICAI invites suggestions on revised Model GST Law – (02-12-2016) Your feedback / concerns and suggestions received on Model GST Law were communicated and as can be seen many amendments are due to the suggestions made by us. CBEC has now released revised draft Model GST Law in the public domain. The same can be… Read More »

RBI extend time for deployment of Aadhaar-enabled devices till June 30, 2017 for processing payment transactions

By | December 3, 2016

RBI/2016-17/170 DPSS.CO.PD No.1421/02.14.003/2016-17 December 02, 2016 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks/ Authorised Card Payment Networks / White Label ATM Operators / Payments Banks / Small Finance Banks Dear Madam / Sir, Aadhaar-based… Read More »

External Commercial Borrowings (ECB) -FAQ’s

By | December 2, 2016

External Commercial Borrowings Source : Reserve Bank of India These FAQs attempt to put in place the common queries that users have on the subject in easy to understand language. However, for conducting a transaction, the Foreign Exchange Management Act, 1999 (FEMA) and the Regulations made or directions issued thereunder may be referred to. The… Read More »

Market Stabilisation Scheme (MSS) – Revision of ceiling for 2016-17

By | December 2, 2016

Market Stabilisation Scheme (MSS) – Revision of ceiling for 2016-17 Date : Dec 02, 2016 Please refer to the Press Release dated June 22, 2016 on fixation of ceiling for MSS for 2016-17. After the withdrawal of the legal tender character of the ₹ 500 and ₹ 1000 denomination notes with effect from November 9,… Read More »

Issuance of 28 days Cash Management Bills under Market Stabilisation Scheme (MSS)

By | December 2, 2016

Date : Dec 02, 2016 The Reserve Bank of India has announced the auction of the 28 days Government of India Cash Management Bills for a notified amount of ₹ 20,000 crore today, December 02, 2016 using “Multiple Price Auction” method. The bids for the auction should be submitted in electronic format on the Reserve… Read More »

SEBI Infrastructure Investment Trusts Amendment Regulations 2016

By | December 1, 2016

GAZETTE OF INDIA EXTRAORDINARY PART – III – SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, 30th November, 2016 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 30th November, 2016 SECURITIES AND EXCHANGE BOARD OF INDIA (INFRASTRUCTURE INVESTMENT TRUSTS) (AMENDMENT) REGULATIONS, 2016 No. SEBI/LAD/NRO/GN/2016-17/021.-In exercise of the powers conferred by section 30 read with sections… Read More »

SEBI Real Estate Investment Trusts Amendment Regulations 2016.

By | December 1, 2016

THE GAZETTE OF INDIA EXTRAORDINARY PART – III – SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, 30th November, 2016 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 30th November, 2016 SECURITIES AND EXCHANGE BOARD OF INDIA (REAL ESTATE INVESTMENT TRUSTS) (AMENDMENT) REGULATIONS, 2016 No. SEBI/LAD/NRO/GN/2016-17/022 .─ In exercise of the powers conferred by section… Read More »