Corporate Updates – 15-05-2017


MCA has notified the amended rules which may be called as the Companies (Acceptance of Deposits) (Amendment) Rules, 2017 which shall come into force on the date of their publications in the Official Gazette. In Rule 2 (1) (c)(xviii), Infrastructure Investment Trust has been inserted. Further, MCA has also extended the time period for applicability of deposit insurance from March 31, 2017 till March 31, 2018 or availability of deposit insurance product, whichever is earlier.


Central Board of Direct Taxes has made it easy for taxpayers to link their PAN with Aadhaar. Taxpayers can go to and click on the link on the left pane-> Link Aadhaar, provide PAN, Aadhaar no. and enter name exactly as given in Aadhaar card and submit. This facility is also available after login on the e-filing website under Profile settings and choose Aadhaar linking. Taxpayers are requested to use the simplified process to complete the linking of Aadhaar with PAN immediately.

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