SEBI:
SEBI in its Board Meeting held on 23rd June, 2015 has approved the various proposals for improving the governance and transparency in the working of Listing Entities. Some of the proposal as approved by the SEBI includes Streamlining process of public issues to,reduce time period for listing of issues from T+12 days to T+6 days,Simplified framework for capital raising by technological start-ups and other companies through Institutional Trading Platform, Fast Track Issuances through FPOs or Rights Issue, Review of Offer for Sale (OFS) through stock exchange mechanism and Reclassification of Promoters as Public to bring in consistency and also enable investors to take informed decisions based on any such move by the company / promoters.
CBDT:
CBDT has amended the Income-tax Rules, 1962 and notified the Income Tax (8th Amendment) Rules, 2015 which shall be deemed to have come into force with effect from the 1st day of April, 2015. Through this notification, the revised forms for filing of Income Tax Return for the Assessment Year 2015-16 have been introduced. The soft copies of Forms (ITR-1), ITR-2, ITR-2A and SUGAM (ITR-4S) are now available for filing of return.
News from NIRC of ICSI
NIRC of ICSI is organizing one day Seminar on the theme “Ease of Doing Business – Aligning Companies Act” on Saturday, the 27th June, 2015 at Hotel Eros Continental (Royal Ball Room), Nehru Place, New Delhi-110019 from 9:30 am onwards. Fees : Rs. 1,750/-, Free for Corporate Members. PCH – 4.
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