Corporate Updates 17 Feb 2014


SEBI has approved the proposals to amend the Listing Agreement with respect to corporate governance norms for listed companies. The amendments, inter-alia, propose to align the provisions of Listing Agreement with the provisions of the newly enacted Companies Act, 2013 and also provide additional requirements to strengthen the corporate governance framework for listed companies in India. The amendments shall be made applicable to all listed companies with effect from October 01, 2014. SEBI has further approved a Long Term Policy for Mutual Funds in India by proposing tax incentive related proposals and non-tax related proposals. To download the complete press release, please Click here.


To provide Relief for small traders in small towns of State of Punjab which falls in the Class-II and Class-III categories, the Punjab Government under Section 8-A of the Punjab VAT Act, 2005 has legislated Punjab Small Traders Rahat Scheme, 2014. For detailed notification, please Click here.

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