##The Union Cabinet, chaired by the PM Shri. Narendra Modi, yesterday approved the introduction of the Companies (Amendment) Bill, 2014 in parliament to make certain amendments in the Companies Act, 2013. ##RBI declares monetary policy yesterday as: Short-term lending (Repo) rate unchanged at 8 per cent. Cash reserve ratio (CRR) unchanged at 4 per cent. Statutory Liquidity Ratio retained at 22 per cent to unlock banking funds etc. ##Resident seeking Advance Ruling to apply in new Form 34DA. Fee for advance ruling specified from Rs.10000 to Rs.10 lacs. IT (12th Amendment) Rules, 2014 W.e.f. 28.11.2014. ##Supreme Court dismissed SLP against High Court’s order holding that reassessment not to be made after 4 years due to retro-amendment. [Supreme Court of India CIT vs. Avadh Transformers (P.) Ltd*]. ##SEBI with an intention to make it easier for retail investors to participate in OFS has revised the guidelines on sale of shares through offer for sale mechanism. ##Insurance brokers to ensure while appointing auditor for 2015-2016 on wards that auditor can be retained for maximum 5 years. [IRDA Circular of 30-10-14].
Posted on: Wed, 03 Dec 2014 08:49:00 +0000
Trending Topics
Recently Viewed Topics
© 2015