Corporate Updates 20 May 2014

MCA: 

Version of eForms INC-1, INC-7, INC-22, INC-28, CHG-1, CHG-4, CHG-9, DIR-12, MR-2 & SH-4 has been updated on 17-20 May, 2014. Please ensure that you have downloaded the latest version and uploading the new version of the forms only. To save time & energy on downloading and filing the forms again & again, it is advisable to download the fresh form, fill the complete details and upload on the portal on the same day.

RBI: 

RBI has decided to allow undertaking of activity by the Urban Cooperative Banks (UCBs) as PAN Service Agent (PSA) for providing PAN issuance services to its customers. All financially sound and well managed UCBs, as defined in the circular ibid may act as PAN Service Agents (PSA) by entering into a tie-up with NSDL e-Governance Infrastructure Limited or with any other agency authorized by the Income Tax Department, Government of India for this purpose with prior approval of the Reserve Bank. All other terms and conditions as set out in our circular dated November 14, 2013 remain the same.

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