Daily Archives: November 4, 2015

Sovereign Gold Bonds 2015 16 Operational Guidelines issued by RBI

By | November 4, 2015

RBI/2015-16/222 IDMD.CDD.No.968/14.04.050/2015-16 November 4, 2015 The Chairman & Managing Director All Scheduled Commercial Banks (Excluding RRBs) Dear Sir/Madam, Sovereign Gold Bonds, 2015-16 – Operational Guidelines This has reference to the GoI notification F.No.4(19)-W&M/2014 and RBI circular IDMD.CDD.No.939/14.04.050/2015-16 dated October 30, 2015 on the Sovereign Gold Bonds, 2015-16. FAQs in this regard have been placed on… Read More »

Format for quarterly holding pattern issued by SEBI

By | November 4, 2015

CIRCULAR CIR/CFD/CMD/9/2015 November 04, 2015 To The Managing Director/Executive Director, All recognised Stock Exchanges. The Managing Director/Executive Director, All Depositories. Dear Sir/Madam, Sub: Format for quarterly holding pattern, disclosure norms for corporate governance report and manner for compliance with two-way fungibility of Indian Depository Receipts (IDRs) 1. In terms of sub regulation (1) of regulation… Read More »

Format for Business Responsibility Report (BRR) issued by SEBI

By | November 4, 2015

CIRCULAR CIR/CFD/CMD/10/2015 November 04, 2015 To All Listed Entities All the Recognized Stock Exchanges Dear Sir/Madam, Sub: Format for Business Responsibility Report (BRR) 1. At a time and age when enterprises are increasingly seen as critical components of the social system, they are accountable not merely to their shareholders from a revenue and profitability perspective… Read More »

Commission of Dealer on sale of SIM cards not liable for Service tax : Madras High Court

By | November 4, 2015

Held:- Though the correct procedure for discharge of the service tax liability by the two parties is that the distributors raise bills for commissions that is due to them along with service tax and BSNL takes Cenvat Credit of tax paid by distributors for discharging liability on the telecommunication service provided by BSNL, such procedure… Read More »

Unified Registration for 5 labour acts (ESIC, EPFO, BOCW, CLA, ISMW)

By | November 4, 2015

Description:- This joined up service enables the applicant to fill a common form for ‘ESIC, EPFO, BOCW, CLA, and ISMW’ services and the same is then routed to the respective department for processing. While applying for these services, eBiz reference number is generated which is used by the applicant for further tracking of application. Once… Read More »

Incorrect news reports on Moody’s Analysis

By | November 4, 2015

Ministry of Information & Broadcasting 04-November, 2015 It is with regret the Government of India notes the irresponsible and distorted reporting by certain sections of the Indian media on what was the personal opinion of a Junior Associate Economist employed with Moody’s Analytics. It is surprising that sections of the Indian media failed to make… Read More »

canal is proposed to be built between Mori creek and Jalor Rajasthan

By | November 4, 2015

Ministry of Shipping 04-November, 2015 Development of Inland Shipping Port at Jalore, Rajasthan The Inland Waterways Authority of India under the Ministry of Shipping proposes to guide and support Rajasthan government for building an Inland Shipping Port at Jalore. The port and the terminal that are to be created, will help develop inland navigation facilities… Read More »

Major Recommendations of the Bankruptcy Law Reforms Committee

By | November 4, 2015

Ministry of Finance on 04-November, 2015  Following is the Summary of the Recommendations of the Bankruptcy Law Reforms Committee (BLRC) The Report of the BLRC is in two parts: Rationale and Design/Recommendations; A comprehensive draft Insolvency and Bankruptcy Bill covering all entities. The draft Bill has consolidated the existing laws relating to insolvency of companies, limited… Read More »

Format for Voting Results of General Meeting for listed entities issued by SEBI

By | November 4, 2015

CIRCULAR CIR/CFD/CMD/8/2015 November 4, 2015 To All Listed Entities All the Recognised Stock Exchanges Dear Sir/Madam, Sub: Format for Voting Results 1. Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (hereinafter referred to as “Listing Regulations”), has prescribed that the listed entity shall submit to the stock exchange, within forty eight… Read More »

Gujarat proposes Rs.15,375 cr AMRUT Plan to ensure basic infra in 31 mission cities

By | November 4, 2015

Ministry of Urban Development 12-October, 2015 Seeks centre’s approval for projects worth Rs.1,204 cr for 2015-16 To construct Sewerage Treatment Plants of 869 million litres per day capacity @ Rs.4,721 cr in 5 years The Government of Gujarat has proposed a Rs.15,375 cr comprehensive action plan to ensure basic infrastructure in 31 cities under Atal… Read More »