Updates

MCA extended the Condonation of Delay Scheme, 2018 upto 30th April, 2018

March 31, 2018

All Regional Directors, All Registrar of Companies, All Stakeholders. Sir, Subject: Condonation of Delay Scheme, 2O18 In continuation to the Ministry’s General Circular No. 16 l2Ol7 dated 29/12/2017 on the subject cited above, this Ministry has, on consideration of requests received from various stakeholders, has decided to extend the Condonation of Delay Scheme, 2018 upto […]

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MCA issued XBRL amendment rules 2018

March 15, 2018

G.S.R. 213(E) .– In exercise of the powers conferred by sub-sections (1) and (2) of section 469 read with section 398 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2015, namely:– […]

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RBI Discontinued Letters of Undertaking (LoUs) and Letters of Comfort (LoCs) for Trade

March 14, 2018

RBI/2017-18/139 A.P. (DIR Series) Circular No. 20 March 13, 2018 All Authorised Dealer Category – I Banks Madam/ Sir Discontinuance of Letters of Undertaking (LoUs) and Letters of Comfort (LoCs) for Trade Credits Attention of Authorised Dealer Category – I (AD Category – I) banks is invited to paragraph 2 of A.P. (DIR Series) Circular […]

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LTCG Tax likely to impact close ended funds

February 20, 2018

With the tax disadvantage almost gone, more investors may be willing to venture into international funds to diversify their portfolios Closedend funds have always been a less attractive investment category than openend ones.The imposition of the longterm capital gains tax (LTCG) of 10 per cent is set to reduce their attractiveness further. Earlier, many retail […]

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Simplifying Company Formation – Companies (Incorporation) Amendment Rules, 2018

January 26, 2018

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 20th January 2018 G.S.R… (E)- In exercise of the powers conferred by sub-sections (1) and (2) [To be published in the Gazette of India, Extraordinary, Part II, Section 3, […]

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Hello world!

January 23, 2018

Welcome to WordPress. This is your first post. Edit or delete it, then start writing!

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