Daily Archives: January 4, 2016

JUVENILE JUSTICE CARE & PROTECTION OF CHILDREN ACT 2015

By | January 4, 2016

THE GAZETTE OF INDIA EXTRAORDINARY PART II — Section 1 MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 1st January, 2016/Pausha 11, 1937 (Saka) The following Act of Parliament received the assent of the President on the 31st December, 2015, and is hereby published for general information:— THE JUVENILE JUSTICE (CARE AND PROTECTION… Read More »

Bonus Limit increased to Minimum Rs 7000 by Govt notification

By | January 4, 2016

As per the following notification Bonus limit increased by Govt from 3500 to i)  Rs 7000 or ii) the minimum wage for the scheduled employment, as fixed by the appropriate Government, whichever is higher Salary limit has also been increased from Rs 10000 to Rs 21000 THE GAZETTE OF INDIA EXTRAORDINARY PART II—SEC. 1 MINISTRY OF… Read More »

Documents to be attached for incorporation of Company with INC 29

By | January 4, 2016

Following documents to be attached for incorporation of Company with INC 29 1. Memorandum of Association(MOA) 2.Article of Association (AOA) 3. Affidavit and declaration by first subscriber(s) and director(s) -Form DIR 2 (Print on stamp paper and also get notarized) 4. If the address for correspondence is the address of registered office of the company, then following attachments… Read More »

Documents required before Incorporation of Company

By | January 4, 2016

KYC Documents required before Incorporation of Company 1. Self-attested copy of PAN Card of proposed directors and subscribers 2. Self-attested copy of any one of the following documents as Proof of Identity: Voters Identity Card  Passport Driving License  Aadhar Card 3. Self-attested copy of any one of the following documents as Proof of Address (not older… Read More »

Companies can avoid penalties if issued securities to more than 49 up to 200 investors

By | January 4, 2016

Securities and Exchange Board of India CIR/CFD/DIL3/18/2015 December 31, 2015 To All Recognised Stock Exchanges Dear Sir/Madam, Sub: Procedure to deal with cases prior to April 01, 2014 involving offer / allotment of securities to more than 49 up to 200 investors in a financial year 1. Prior to April 01, 2014, offers of securities… Read More »

SEBI Condition for Investment in GMS by Gold ETFs of Mutual Funds

By | January 4, 2016

Securities and Exchange Board of India CIRCULAR CIR/IMD/DF/11/2015 December 31, 2015 All Mutual Funds/Asset Management Companies (AMCs)/ Trustee Companies/Boards of Trustees of Mutual Funds Sir/ Madam, Subject: Investment by Gold ETFs in Gold Monetisation Scheme of Banks 1. Please refer to SEBI circular dated February 15, 2013 read with circular dated October 18, 2013 on… Read More »

SEBI revised Application-Cum-Bidding Form for public issues

By | January 4, 2016

Securities and Exchange Board of India CIRCULAR CIR/CFD/DIL/1/2016 Dated- January 01, 2016 To All Recognised Stock Exchanges All Depositories All Registered Merchant Bankers All Registered Registrars to an Issue and Share Transfer Agents All Registered Bankers to an Issue Dear Sir / Madam, Sub.: Revised Contents of Application-Cum-Bidding Form and Manner of disclosure 1. SEBI… Read More »

Increase in Basic Excise Duty rates on Petrol and Diesel

By | January 4, 2016

Seeks to further amend notification No 12/2012-Central Excise dated 17.03.2012 so as to increase the Basic Excise Duty rates on Petrol and Diesel(both unbranded and branded) [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]  GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 1/2016-Central Excise New… Read More »