PGC NEWSLETTER31st March 2014 1
PGC
NEWSLETTER
31st March 2014
THOUGHT OF THE DAY
“Things work out best for those who make...
PGC NEWSLETTER31st March 2014 2
Upcoming SlideShare
Loading in …5
×

PGC NEWSLETTER 31ST, MARCH, 2014

100 views

Published on

Published in: Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
100
On SlideShare
0
From Embeds
0
Number of Embeds
21
Actions
Shares
0
Downloads
0
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

PGC NEWSLETTER 31ST, MARCH, 2014

  1. 1. PGC NEWSLETTER31st March 2014 1 PGC NEWSLETTER 31st March 2014 THOUGHT OF THE DAY “Things work out best for those who make the best of how things work out” ECONOMICS NEWS • The finance ministry on Sunday confirmed President Pranab Mukherjee had re- promulgated the Securities Laws (Amendment) Ordinance, 2014, that seeks to empower the Securities & Exchange Board of India to effectively check illegal deposit taking and Ponzi schemes. • The Planning commission will get rid of the surplus piles of paper to make way for a digital library and information centre, essential for an organisation that draws up the country's development blueprint. CORPORATE LAW UPDATES • MCA has issued circular on roll out plan of various forms under Companies act, 2013 and online payment of stamp duty and court fee stamp for issue of certified copies. • The Securities and Exchange Board of India's power to block merger transactions could act as a measure, albeit temporarily, to address a potential regulatory grey area created by the new Companies Act RBI / TAX LAW UPDATE • RBI: On Tuesday, the central bank is expected to meet to decide the direction of interest rates, an event watched keenly by markets for its outlook on growth and inflationary trends • IT: IT: In view of retrospective amendment in section 40(a)(ia), deduction made in last month of financial year would be allowable, if same was deposited before filing of return under section 139(1) www.proglobalcorp.wordpress.com MARKET UPDATES SENSEX 22,364.34 24.37 CNX NIFTY 6,695.15 -0.75 DOLLAR/ RUPEE 59.91 -0.41 MCX SILVER 42928.00 0.40 MCX GOLD 28,450.0 70.0 MCX CRUDE OIL 6097.00 -0.31 Dow Jones Industrial Average 16,323.06 58.83 Nasdaq Composite 4155.76 4.53
  2. 2. PGC NEWSLETTER31st March 2014 2

×