Corporate Updates – 28-09-2016


SEBI has issued a circular consolidating and updating norms and guidelines which will be applicable to all National Commodity Derivatives Exchanges (Exchanges). Erstwhile Forward Markets Commission (FMC) from time to time, had prescribed various norms and guidelines for National Commodity Derivatives Exchanges with respect to Investor Protection Fund (IPF) through various circulars which have been consolidated and updated in the said circular. The Circular provides for Constitution and Management of the IPF, Contributions to the IPF, Manner of filing/inviting claims from the Investors/Clients, etc. The circular is available on SEBI website under the category “Circulars” and “Info for Commodity Derivatives”


CBDT has extended the working hours for all Principal Chief Commissioners of Income Tax across India to receive declarations of undisclosed income and assets under the Income Declaration Scheme, 2016 until 12:00 midnight of 30th September. In order to facilitate the declarants, who would like to file the declaration in paper form, Principal Chief Commissioners of Income Tax shall ensure that arrangements shall be made and the counters shall be functional up to midnight on 30th September, 2016.

News from NIRC of ICSI

NIRC of ICSI is participating in the ensuing Airtel Delhi Half Marathon -2016 (6 km ‘Great Delhi Run’), which will be held on Sunday, the 20th November, 2016. NIRC would be participating in the group category with a group named as “ICSI Group”. Interested members may fillup the form for the ‘Great Delhi Run’ 6 km category and send the hard copy of the filled up form along with a copy of the photo id proof, passport size photograph and deposit the above along with a fee of Rs. 600/- on or before 1st October, 2016 by cash or by cheque/DD in favour of “NIRC of ICSI” with full details on the reverse side of the cheque/DD i.e. full name, contact number, Membership No. To make the payment online, please Click Here.

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