Corporate Updates 20 Feb 2014

SEBI: 

To provide consolidated information on companies to investors in a single document, SEBI has proposed that the top 200 companies by market capitalization would have to file an annual information memorandum (AIM) every year. This will be applicable from April 1, 2014, according to a SEBI discussion paper released on Tuesday. Companies need to file the AIM within 135 days from the end of a financial year on their websites and with stock exchanges. The requirement for other companies would be from April 1, 2015.

DELHI VAT: 

In exercise of the powers conferred by section 107 of the Delhi Value Added Tax Act, 2004 (Delhi Act 3 of 2005), the Lt. Governor of National Capital Territory of Delhi is pleased to make the amendment to Delhi Tax Compliance Achievement Scheme, 2013, by extending the date of the amnesty scheme to 28-02-2014 through Notification No. F.3(26)/Fin(Rev-I)/2013-14/dsvi/238-243 dated 18-02-2014.

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