PGC Newsletter dated 16th December,2014
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The newsletter provides updates on corporate law, RBI regulations, tax law, and market performance. ICAI will help EPFO migrate to accrual accounting. The GST bill was tabled with key demands met and petro products may be out for a few years. The CBI was directed to record statements in a coal blocks allocation case. SpiceJet was given 10 days to raise funds or face closure. RBI issued notifications on extending RTGS hours, decreasing HTM limits for standalone PDs, and flexibly structuring long term project loans. Delhi issued a VAT notification and there was a customs notification. Market indices such as Sensex and Nifty closed lower while gold, silver, crude oil prices also declined
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- Key market indices such as Sensex and Nifty witnessed gains while gold, silver,
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The document provides economic, regulatory, and market updates from India and globally. It notes that the Indian government announced a new five-year foreign trade policy aiming to increase exports to $900 billion by 2020. It also discusses interest rate increases for certain savings schemes in India and new risk management guidelines from the Reserve Bank of India. Several corporate and tax law updates are also mentioned, including a Reserve Bank of India mandate for 100% provisioning for bank fraud cases. Market indexes from India, the US, and commodities are included.
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The newsletter provides economic, regulatory, and market updates. Key points include:
- The government proposed moving debt management from RBI to a new Public Debt Management Agency and establishing an inflation-targeting Monetary Policy Committee.
- Reforms are planned to liberalize FDI norms for NRIs and establish a Micro Units Development and Refinance Agency Bank.
- Auditing norms and insurance sector regulations were updated, and service tax registration procedures were simplified.
- Market indexes and commodity prices are reported, including losses in MCX gold and crude oil but gains in the Sensex, Nifty, and U.S. markets.
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1. The ITAT ruled that interest under section 234B will apply from the first day of the assessment year once an order is passed under section 245C.
2. The ITAT held that a trust letting out its auditorium for marriage functions will not be eligible for exemption under the Income Tax Act.
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PGC Newsletter dated 25th December,2014
The document provides various news updates across different sectors. It reports that the Reserve Bank of India's Corporate Debt Restructuring cell has eased loan repayments worth Rs. 3.7 lakh crore but has refused RTI requests for information. It also notes that the Delhi High Court questioned RBI limits on ATM withdrawals and that CBI has filed charges against an income tax official for alleged bribery. Further, it outlines proposed reforms and regulatory changes in areas like provident funds, foreign investment rules, and customs duties. Market indexes are also reported as having declined.
Newsletter on daily professional updates- 16/04/2020
“If you have knowledge,
let others light their candles in it.”
Here is your Daily dose of professional updates 16.04.2020
Newsletter on daily professional updates- 27th September 2019
Knowledge is like money: to be of value it must circulate, and in circulating it can increase in quantity and, hopefully, in value.
Here is your Daily dose of professional updates in newsletter form- 27th September 2019
Pgc newsletter 23 rd aug, 2014
The Securities and Exchange Board of India (SEBI) has barred PACL, a Delhi-based collective investment scheme, from raising money from investors and directed it to refund investors nearly Rs. 50 lakh crore within three months. The Bombay High Court granted bail of Rs. 5 lakh to Jignesh Shah, promoter of MCX, who was arrested in a Rs. 5,000 crore scam. Ericsson's Telcordia seeks government approval to increase its stake in its Indian entity to 100% from 74%. Low-cost airline SpiceJet is under investigation by the income tax department for possible tax deducted at source and Form-16 violations.
Newsletter on daily professional updates- 23/01/2020
I believe that the greatest crime is to learn something that can significantly benefit other people, yet share it with no one
Here is your Daily dose of professional updates 23.01.2020
Daily Newsletter 13.10.2020
"Knowledge is like money: to be of value it must circulate, and in circulating it can increase in quantity and, hopefully, in value"- Hi attached today's Newsletter 13.10.2020. Good Day ahead.
Daily Newsletter 11/08/2020
This daily newsletter provides updates on indirect taxes, direct taxes, corporate law, insolvency and bankruptcy, MSMEs, and the Indian economy. It summarizes recent notifications, circulars, legal updates from various authorities, and news articles. Key highlights include CBIC guidelines on disposal of unclaimed goods, revised import procedures for pets, Rajasthan High Court issuing notice on GST input tax credit restrictions, and IBBI notifying amendments to insolvency regulations.
Newsletter on daily professional updates- 24th October 2019
“Knowledge increases by sharing but not by saving”
Here is your Daily dose of professional updates in newsletter form- 24th October 2019
Newsletter on daily professional updates- 13/02/2020
“I believe that the greatest crime is
to learn something that can significantly benefit other people,
yet share it with no one.”
Here is your Daily dose of professional updates 13.02.2020
Weekly media update 21.07.2014
The document provides a summary of various news articles related to public sector enterprises (PSEs) in India and other industries. It mentions that the contribution of PSEs to GDP has been declining in recent years. It also notes that the number of profitable PSEs has declined while total profits have increased. Additionally, it discusses proposals to increase public ownership in PSEs to 25% and plans to privatize some sick PSEs while setting up a foundation to revive viable ones.
Newsletter on daily professional updates- 7th September 2019
In vain have you acquired knowledge if you have not imparted it to others. Here is your Daily dose of professional updates in newsletter form- 7th September 2019
PGC Newsletter dated 10th October,2014
The newsletter provides updates on economic news, corporate updates from SEBI, RBI and tax law updates, and market performance. The IMF warns that the risk of economic shocks from advanced economies hitting emerging markets like India has doubled since the financial crisis of 2008. The Indian government is considering a plan to set up a special zone in Mumbai with tax benefits for diamond import and trading to develop it as a rival trading hub to Antwerp and Dubai. SEBI and RBI have issued several circulars providing clarifications on topics like government debt investment limits, filing periods, and guidelines on foreign currency accounts. The stock markets declined with key indices like Sensex and Nifty falling.
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More from Proglobalcorp India
Forms under COSMOS System
1. The document outlines 16 different types of returns that must be submitted by various categories of Non-Banking Financial Companies (NBFCs) to the Central Repository of Information on Large Credits (COSMOS) system on a quarterly, half-yearly, or annual basis.
2. It provides details such as the name and purpose of each return, the reference date for reporting, the reporting deadline, and the types of NBFCs that must file each return.
3. The returns require NBFCs to report information like their assets and liabilities, capital funds, risk assets, asset classification, statutory liquid assets, public deposits, securitized assets, and structural liquidity.
Reporting IDR quarterly format, distribution
1) The document outlines guidelines for listed entities that have issued Indian Depository Receipts (IDRs) regarding quarterly holding pattern disclosures, corporate governance reporting, and two-way fungibility of IDRs.
2) Listed entities must file quarterly IDR holding patterns within 15 days of the quarter end using a specified format. They must also submit comparative analyses of corporate governance provisions in home and foreign listing jurisdictions.
3) For two-way fungibility of IDRs, guidelines are provided for future IDR issuances allowing partial conversion after 1 year, and for existing listed IDRs requiring at least annual 25% conversion opportunities for holders.
Forms under Companies Act, 2013
This document lists various forms prescribed under the Companies Act, 2013 in India. It outlines the forms required for incorporation of companies, registration of charges, annual filings, appointment and resignation of directors and auditors, related party transactions, and other company law compliances. It also provides contact information for assistance in filing any of these forms. In total, it references over 50 forms across various chapters of the Companies Act that must be filed with the Registrar of Companies for compliance purposes.
FAQs on Annual Filings 2014-15
Proglobal Corp is a Delhi-based consulting firm offering secretarial, HR, legal, financial, and business management services to corporates worldwide. The document provides answers to frequently asked questions regarding annual filings for the 2014-2015 financial year under the Companies Act, including questions about filing forms for appointing auditors, board resolutions, and subsidiary details. It clarifies requirements and procedures for various annual compliance filings like form AOC-4, MGT-7, and MGT-14.
FAQs on Annual Filing
This document provides answers to frequently asked questions regarding annual filings for 2014-15. It addresses questions about forms like ADT-1, GNL-2, AOC-4, and MGT-14 that need to be filed for auditor appointments, financial statements, board resolutions, and other annual compliance requirements. Key points covered include what forms are required for auditor ratification versus appointment, what to fill in AOC-4 if the auditor is changed or there are many subsidiaries, and when shortened notice can be provided for annual filings.
Weekly News-updates dated 5th October, 2015
The newsletter provides updates on regulations from SEBI, corporate law, RBI, tax law and other business matters. Key updates include SEBI merging with FMC and releasing new commodity exchange regulations. The government will simplify FDI policy and speed up approvals. Tax filing due dates for some states were extended to October 31. RBI released its fourth bi-monthly monetary policy statement and notified rules for overseas borrowing in rupees.
Listing Regulations
The SEBI has notified new listing regulations that consolidate existing listing rules and align them with the Companies Act of 2013. The regulations replace all previous listing agreements and will be effective 90 days after publication. Two provisions regarding related party transactions and reclassification of promoters will apply immediately. The regulations divide content into substantive provisions and procedural schedules. Listed companies must sign a new shortened listing agreement within six months and the regulations apply to all listed securities on stock exchanges.
Newsletter dated 5th September, 2015
This newsletter provides updates across various domains:
1) It outlines thoughts on the importance of determination and commitment to achieving goals.
2) It lists several regulatory updates from SEBI, DGFT, IRDA, RBI, and CBDT regarding corporate matters, import/export policies, rural insurance targets, and tax filing extensions.
3) It provides market updates on indices like Sensex, Nifty and commodity prices for items like gold, silver, crude oil.
Newsletter dated 3rd September,2015
The newsletter provides updates on corporate, regulatory, tax and market news. It notes that the deadline for filing cost audit reports was extended to September 30, 2015. It also mentions that the RBI will conduct a 12 day reverse repo auction of Rs. 400 billion and that Snapdeal acquired Reduce Data, a programmatic display advertising platform, to build a discovery platform for brands and sellers. Key stock market indexes such as the Sensex, Nifty and Dow Jones are also listed with their closing values and changes.
Newsletter dated 2nd September, 2015
The newsletter provides updates on corporate, regulatory, tax law and market changes. It notes that the Cost Accounting Standards Board approved the release of an Exposure Draft of Cost Accounting Standard on Capacity Determination for public comments by September 30. It also mentions that the RBI notified changes to the RTGS time window effective September 1, and issued draft guidelines for changing how banks calculate lending rates in response to monetary policy. Several other regulatory bodies also notified new norms and procedures. The market updates section lists current indexes for the Sensex, Nifty, dollar/rupee exchange rate, and commodity prices for gold, silver, crude oil and US indexes.
Newsletter dated 28th August, 2015
The document is a newsletter from PGC that provides economic, market, and regulatory updates. It includes the following:
- The government will ask those holding unaccounted foreign funds to disclose expected income from foreign bank accounts over 10 years old if records are unavailable.
- The Reserve Bank of India has urged the government to speed up banking reforms to increase efficiency and reduce risks to the economy.
- The RBI increased the daily cash withdrawal limit at POS terminals to Rs. 2000 from Rs. 1000 for debit cards in rural areas.
- The CBDT laid down procedures for registration and reporting under the Income Tax Act for transactions with foreign parties.
Newsletter dated 20th August, 2015
The newsletter provides updates on the Indian economy, markets, and regulations. It notes that the government is considering a two-rate structure for goods and services tax (GST). It also announces that the Reserve Bank of India granted payment bank licenses to 11 companies, including telecom and pharmaceutical firms. Finally, it lists several regulatory announcements regarding insurance advertising, insider trading, customs duties, and taxes.
Newsletter dated 17th August, 2015
The newsletter provides economic, regulatory, and market updates. It notes that the government will discuss the goods and services tax legislation further with opposition parties. The Securities and Exchange Board of India notified amendments to various regulations relating to capital raising and delisting of shares. Market indices such as the SENSEX and CNX NIFTY declined while silver and gold futures rose.
Newsletter dated 11th August, 2015
The document provides economic, regulatory, and market updates from multiple sources. It discusses the government ruling out an extension for black money holders to disclose tax evaded wealth abroad. It also discusses investigations into insurance companies for wrongly claiming tax credits and two companies receiving approval for initial public offerings to raise funds. Market indexes such as Sensex, Nifty, and Dow Jones are reported along with commodity prices.
Newsletter dated 6th August, 2015
The newsletter provides updates on economic, regulatory, and market activities. Key points include:
- The Union Cabinet cleared amendments to arbitration laws to make the process faster and cheaper.
- RBI warned banks against underreporting non-performing assets and evergreening of accounts.
- SEBI notified new formats under takeover regulations and issued guidelines for alternative investment funds.
- Other highlights include DGFT notice on export benefits, a court case related to ICAI registration, and an extension for filing VAT returns in Delhi.
Newsletter dated 4th August, 2015
The document provides various economic, corporate, and market updates. It notes that the RBI governor kept interest rates unchanged and the government will hold a talkathon on the new black money law. The FIPB cleared several FDI proposals. The Ministry of Commerce introduced composite FDI caps and SEBI sought clarifications from IndiGo on its proposed IPO. CBEC decided to create a GST Directorate and two court cases addressed interest-free loans and the validity of speed post notices. Market indices such as Sensex and Nifty closed lower while gold and silver prices also declined.
Newsletter dated 3rd August, 2015
The document provides a daily summary of thought, economic, SEBI/corporate, RBI/tax, and market updates. It notes that India's current account deficit is expected to widen but remain under control for the full year. The RBI may cut interest rates given subdued inflation. The corporate affairs ministry plans to revamp the Serious Frauds Investigation Office to enable it to obtain external expertise. New income tax norms require companies to disclose more details on foreign assets. Market indices such as Sensex and Nifty ended lower while the rupee weakened against the dollar.
Newsletter dated 1st August, 2015
The document provides economic, regulatory, and market updates from India. Key points include:
- The Maharashtra government will abolish the Local Body Tax for traders with under 50 crore turnover by August 1st in 25 municipal corporations.
- SEBI modified various forms like Form 20B, Form 23AC effective August 1st. SEBI also issued FAQs on delisting guidelines.
- The CBDT notified new ITR forms 3, 4, 5, 6 and 7 which will be effective from April 1st 2015. RBI will issue ₹10 coins commemorating International Yoga Day bearing the Rupee symbol and value.
- RBI reviewed provision of factoring services by banks
Newsletter dated 21st July,2015
The document provides various economic, regulatory, and market updates from India. Key points include:
- The Rajya Sabha panel approved the GST bill, paving the way for its implementation in April 2016.
- SEBI asked alternative investment funds to provide full disclosure of associates and disciplinary history of sponsors, managers, and directors.
- The government is seeking legal expert opinion on allowing foreign direct investment in Indian venture capital and private equity funds.
- Various tax filing updates and deadlines were notified by authorities such as enabling electronic filing of tax forms and returns.
Newsletter dated 18th July,2015
The document provides updates from various regulatory bodies in India including the Securities and Exchange Board of India (SEBI), Reserve Bank of India (RBI), and tax authorities. SEBI has conducted interviews to retain officials from the Forward Markets Commission after their merger. RBI and tax authorities have announced various changes to rules and regulations. Historical events and market updates are also included.
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In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
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永久可查学历认证【微信：A575476】【(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证成绩单Offer】【微信：A575476】（留信学历认证永久存档查询）采用学校原版纸张、特殊工艺完全按照原版一比一制作（包括：隐形水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠，文字图案浮雕，激光镭射，紫外荧光，温感，复印防伪）行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备，十五年致力于帮助留学生解决难题，业务范围有加拿大、英国、澳洲、韩国、美国、新加坡，新西兰等学历材料，包您满意。
【业务选择办理准则】
一、工作未确定，回国需先给父母、亲戚朋友看下文凭的情况，办理一份就读学校的毕业证【微信：A575476】文凭即可
二、回国进私企、外企、自己做生意的情况，这些单位是不查询毕业证真伪的，而且国内没有渠道去查询国外文凭的真假，也不需要提供真实教育部认证。鉴于此，办理一份毕业证【微信：A575476】即可
三、进国企，银行，事业单位，考公务员等等，这些单位是必需要提供真实教育部认证的，办理教育部认证所需资料众多且烦琐，所有材料您都必须提供原件，我们凭借丰富的经验，快捷的绿色通道帮您快速整合材料，让您少走弯路。
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
→ 【关于价格问题（保证一手价格）
我们所定的价格是非常合理的，而且我们现在做得单子大多数都是代理和回头客户介绍的所以一般现在有新的单子 我给客户的都是第一手的代理价格，因为我想坦诚对待大家 不想跟大家在价格方面浪费时间
对于老客户或者被老客户介绍过来的朋友，我们都会适当给一些优惠。
选择实体注册公司办理，更放心，更安全！我们的承诺：可来公司面谈，可签订合同，会陪同客户一起到教育部认证窗口递交认证材料，客户在教育部官方认证查询网站查询到认证通过结果后付款，不成功不收费！
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The Steadfast and Reliable Bull: Taurus Zodiac Sign
PGC Newsletter dated 16th December,2014
- 1. PGC NEWSLETTER 1 PGC NEWSLETTER 16th December, 2014 THOUGHT OF THE DAY “Optimism is essential to achievement and it is also the foundation of courage and true progress...” CORPORATE LAW UPDATES ICAI, the apex body of chartered accountants, will help Employees' Provident Fund Organisation (EPFO) to migrate to accrual accounting system. GST Bill set to be tabled as states' key demands met. Petro products may be out of GST for a few years; compensation for states will be included The CBI was today directed by a special court to record statements of former Prime Minister Manmohan Singh, who was holding charge as Coal Minister in 2005, and others in a coal blocks allocation scam case allegedly involving top industrialist Kumar Mangalam Birla. The Centre has given a final chance to cash-strapped SpiceJet to survive, asking the low cost carrier to raise funds within the next 10 days, possibly from promoter Sun Group chief Kalanithi Maran, or face closure. RBI / TAX LAW UPDATES RBI issued Notification, vide ref No- RBI/2014–15/352, DPSS (CO) RTGS No. 1064 / 04.04.002 / 2014-15 dated December 15, 2014, regarding Extension of Business hours extended for RTGS transfers. RBI issued Notification, vide ref No- RBI/2014-15/351, IDMD.PDRD.No.7/03.64.00/2014-15 dated December 15, 2014 regarding Decrease in Held to Maturity (HTM) limits for Standalone PDs from 200% to 100% of the audited NOF of the PD as at the end of the preceding financial year. RBI notification ref RBI/2014-15/354 DBR. No. BP.BC. 53/21.04. 132/2014-15 dated December 15, 2014 issued regarding Flexible Structuring of Existing Long Term Project Loans to Infrastructure and Core Industries. NOTIFICATION No.F.3(352)/Policy/VAT/2013/585-596 Dated:15-12-2014 issued by Delhi Value Added Tax regarding Filing of Form DP-1 - F.3(352)/Policy/VAT/2013/585-596. Notification No. 114/2014- Cus (NT) dated. 15-12-2014 issued by Customs - Non Tariff seeks to Amend Notification No. 36/2001-Customs (N.T.), dated the 3rd August, 2001. MARKET UPDATES SENSEX 26,910.44-409.12 CNX NIFTY 8,101.65-117.95 DOLLAR/ RUPEE 63.490.54. MCX SILVER 37,389.00-926.00 MCX GOLD 27,095.00-225.00 MCX CRUDE OIL 3,534.00-64.00 Dow Jones Industrial average 17,180.84-99.99 Nasdaq Composite 4,605.16-48.44 http://www.proglobalcorp.com