Daily Archives: January 21, 2017

Amendment to Pradhan Mantri Garib Kalyan Deposit Scheme -Notification

As per the following Notification now Co operative Banks can not accept Deposits under Pradhan Mantri Garib Kalyan Deposit Scheme 2016 MINISTRY OF FINANCE (Department of Economic Affiairs) NOTIFICATION New Delhi, the 19th January, 2017 Amendment to Pradhan Mantri Garib Kalyan Deposit Scheme,Notification No S.O. 4061 (E) S.O. 204(E).— In exercise of the powers conferred by… Read More »

Stewardship Code for Insurers in India 2017 -Exposure Draft

Ref: 309/3/FandA/2016-17 Date: 19-01-2017 Exposure Draft Stewardship Code for Insurers in India The growth in the Insurance Industry in recent years has resulted in a significant increase in the Funds of insurance companies. They are also significant investors in the securities markets and act as investors on behalf of the policyholders. There is increased emphasis… Read More »

GST Cell -in Pune to help on GST Clarification/ Guidance

OFFICE OF THE COMMISSIONER OF CENTRAL EXCISE, PUNE IV, ICE HOUSE, 41 ” FLOOR, 41/A, SASSOON ROAD, PUNE – 411001 TRADE NOTICE NO. 36/2016-C. Ex. Subject:- Creation of GST Cell – regarding GST is the biggest transformational business reform. Trade & Industry are important stakeholders in this historic reform and government fully recognizes their role… Read More »

Category: GST

Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS) 2016 – Amended

Date : Jan 20, 2017 The Government of India, in consultation with the Reserve Bank of India, had notified Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016 vide notification no. S.O. 4061 (E) dated December 16, 2016. The deposit under this Scheme shall be made by any person who declared undisclosed income under Pradhan Mantri… Read More »

Category: RBI

Sections 20 & 21 w.e.f 18.01.2017 of Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Act, 2016

MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 18th January, 2017 S.O. 176(E).—In exercise of the powers conferred by sub-section (2) of section 1 of the Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Act, 2016 (44 of 2016), the Central Government hereby appoints the 18th day… Read More »

Interest @ 8% for Q4 of FY 2016-17 on Special Deposit Scheme for Non-Govt Provident, Superannuation & Gratuity Funds

MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 18th January, 2017 No.5(4)-B(PD)/2016.—It is hereby notified that the deposits made under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds, announced in the Ministry of Finance (Department of Economic Affairs) Notification No.F.16(1)-PD/75 dated 30th June, 1975, shall with effect from 1st… Read More »