CS UPDATE FEBRUARY 17, 2014

“A MAN IS NEVER MORE TRUTHFUL THAN WHEN HE ACKNOWLEDGES HIMSELF A LIAR.”

 

-MARK TWAIN

RBI UPDATE

IMPORT OF GOLD / GOLD DORE BY NOMINATED BANKS /AGENCIES/ENTITIES -

CLARIFICATIONS (NOTIFICATION NO. RBI/2013-14/493 A.P. (DIR SERIES) CIRCULAR NO.103 DATED FEBRUARY 14, 2014)

 

FOREIGN INVESTMENT IN INDIA BY SEBI REGISTERED FII, QFI AND LONG TERM INVESTORS IN CORPORATE DEBT (NOTIFICATION NO. RBI/2013-14/494 A.P. (DIR SERIES) CIRCULAR NO.104 DATED  FEBRUARY 14, 2014)              

 

SEBI UPDATE

FII/QFI INVESTMENTS IN COMMERCIAL PAPERS (CIRCULAR NO. CIR/IMD/FIIC/4/2014 DATED FEBRUARY 14, 2014)

TAX UPDATE

FURTHER AMENDMENTS IN THE NOTIFICATION OF THE GOVERNMENT OF INDIA IN THE MINISTRY OF FINANCE (DEPARTMENT OF REVENUE), NO.25/2012-SERVICE TAX, DATED THE 20TH JUNE, 2012 (NOTIFICATION NO. 04/2014 - SERVICE TAX DATED 17TH FEBRUARY, 2014)

 

EXEMPTIONS FROM SERVICE TAX (CIRCULAR NO.177/03/2014 – ST DATED  17TH FEBRUARY, 2014)

MCA UPDATE

CLARIFICATION WIIH REGARD TO SECTION 185 OF IHE COMPANICS ACT, 2013 (GENERAL CIRCULAR M O3/2014 DATED 4/2/2O14)

LEGAL TERM OF THE DAY

“Sine qua non”

In indispensible condition.

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