Daily Archives: March 30, 2016

Companies (Auditor’s Report) Order 2016 Notified

By | March 30, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF CORPORATE AFFAIRS ORDER New Delhi, the 29th March, 2016 S.O. 1228(E).—In exercise of the powers conferred by sub-section (11) of section 143 of the Companies Act, 2013 (18 of 2013 ) and in supersession of the Companies (Auditor’s Report) Order, 2015 published in the… Read More »

Building Bye-laws Revised for Delhi by Govt

By | March 30, 2016

User friendly unified, simplified Building Bye-laws for Delhi announced Enables single window clearences and payments, approvals in 30 days, says Shri M.Venkaiah Naidu No sanctions needed for plots up to  105 sq.mtrs; construction permissions done away with Revised Bye-laws improve ease of doing business, promote investments, says Minister To promote safe, green and sustainable construction… Read More »

e-CGHS Card self-printing enabled by Govt

By | March 30, 2016

Shri J P Nadda launches GIS-enabled HMIS application, self-printing of e-CGHS Card “A significant steps towards Digital India and for easy access of health services to the common man”: Shri J P Nadda Shri J P Nadda, Union Minister of Health and Family Welfare launched two major Digital initiatives to provide easy access to health… Read More »

Special Clearing operations on March 30 and 31, 2016

By | March 30, 2016

RBI/2015-16/347 DPSS.CO.CHD.No./2313/03.01.03/2015-16 March 28, 2016 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including Regional Rural Banks/ Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks/Local Area Banks Madam / Dear Sir, Special Clearing operations on March 30 and 31, 2016 A reference is invited to the… Read More »

FPI Investment limit in Govt Securities Increased

By | March 30, 2016

Investment by Foreign Portfolio Investors (FPI) in Government Securities RBI/2015-16/348 A.P. (DIR Series) Circular No. 55 March 29, 2016 To, All Authorised Persons Madam/ Sir, Investment by Foreign Portfolio Investors (FPI) in Government Securities Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to Schedule 5 to the Foreign Exchange Management (Transfer or Issue… Read More »

RBI clarifies its Directions on MCLR System

By | March 30, 2016

Mar 29, 2016 The Reserve Bank of India today clarified some of the provisions of Reserve Bank of India (Interest Rate on Advances) Directions, 2016 (hereinafter called the Directions) relating to the Marginal Cost of Funds based Lending Rate (MCLR) system which comes into effect on April 01, 2016. The changes are: 1. Fixed Rate… Read More »

22 NBFCs Registration cancelled by RBI

By | March 30, 2016

RBI cancels Certificate of Registration of 22 NBFCs Mar 29, 2016 The Reserve Bank of India (RBI) has cancelled the certificate of registration of the 22 (twenty two) non-banking financial companies (NBFCs) as shown in Annex, in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act,… Read More »

Rs 1 Note issued by RBI

By | March 30, 2016

Issue of ₹ 1 denomination currency notes with Rupee symbol (₹) and the inset letter ‘L’   The Reserve Bank of India will soon put into circulation currency notes in one rupee denomination. The notes have been printed by the Government of India. These currency notes are legal tender as provided in The Coinage Act… Read More »