Tag Archives: 2016

Statement of income distributed by securitisation trust -Income Tax Rules notified

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 28th November, 2016 INCOME-TAX S.O. 3573(E).—In exercise of the powers conferred by section 295 read with sub-section (4) of section 115TCA of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules… Read More »

Chairperson of Insolvency and Bankruptcy Board of India w.e.f 1st October, 2016

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 1st October, 2016 S.O. 3111(E).—In exercise of the powers conferred by section 189 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby appoints Sh. Madhu Sudan Sahoo, as Chairperson of the Insolvency and Bankruptcy Board of India with effect from 1st October,… Read More »

Seventh Schedule of Insolvency and Bankruptcy Code, 2016

Seventh Schedule, Insolvency and Bankruptcy Code, 2016 THE SEVENTH SCHEDULE (See section 251) AMENDMENT TO THE SECURITIZATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 (54 OF 2002) In section 13, in sub-section (9), for the words “In the case of”, the words and figures “Subject to the provisions of the… Read More »

Validity of Old Notes Extended till 14.11.2016 * conditions -List enclosed

List of payments allowed with Rs 500/ 1000 Notes As the Government of India has declared that currency notes of Rs. 500 and Rs. 1,000 denominations will not be valid from midnight of November 8, 2016, citizens will have to surrender the old notes at any branch of a bank or post office to get… Read More »

Section 252 Insolvency and Bankruptcy Code 2016

Section 252 Insolvency and Bankruptcy Code 2016 Amendments of Act 1 of 2004. 252. The Sick Industrial Companies (Special Provisions) Repeal Act, 2003 shall be amended in the manner specified in the Eighth Schedule. Related Post Book-Commentary on Insolvency and Bankruptcy Code 2016 Insolvency and Bankruptcy Code 2016 Notified by Govt Insolvency and Bankruptcy code… Read More »

Eighth Schedule- Insolvency and Bankruptcy Code 2016

Eighth Schedule, Insolvency and Bankruptcy Code 2016 THE EIGHTH SCHEDULE (See section 252) AMENDMENT TO SICK INDUSTRIAL COMPANIES (SPECIAL PROVISIONS) REPEAL ACT, 2003 (1 OF 2004) In section 4, for sub-clause (b), the following sub-clause shall be substituted, namely — “(b) On such date as may be notified by the Central Government in this behalf,… Read More »

Real Estate Act 2016 Amended by Indian Govt

Real Estate (Regulation and Development) Removal of Difficulties Order, 2016. [F. No. O-17034/18/2009-H] MINISTRY OF HOUSING AND URBAN POVERTY ALLEVIATION ORDER New Delhi, the 28th October, 2016 S.O. 3347(E).––Whereas, certain sections of the Real Estate (Regulation and Development) Act, 2016 (16 of 2016) (hereinafter referred to as the Act) came into force with effect from… Read More »

Deposits regulations between resident in India & outside India

RBI/2015-16/390 A.P. (DIR Series) Circular No. 67/2015-16 [(1)/5(R)] May 05, 2016 To All Category – I Authorised Dealers and Authorised Banks Madam/Sir Foreign Exchange Management (Deposit) Regulations, 2016 Attention of Authorised Dealers (ADs) is invited to (a) A.D. (M.A. Series) Circular No. 11 dated May 16, 2000 in terms of which ADs were advised of… Read More »