Corporate Updates 29 March 2014

RBI: 

External Commercial Borrowings (ECB) can be raised by airline companies for working capital as a permissible end-use, under the approval route, RBI has now decided that the scheme of raising ECB for working capital for Civil Aviation Sector will continue till March 31, 2015 (expired on 31-12-2013). All other conditions stipulated in aforesaid Circular dated April 24, 2012 shall remain unchanged. To view and download the notification, please Click Here.

STAMP DUTY: 

The Revenue Department, Government of GCT of Delhi has issued an Attention Note (Copy Attached) for all companies and corporate having their Registered Office in the NCT of Delhi and are either in the process of issuance of shares / debentures certificates or having already issued share certificates in physical or electronic mode, but have not paid duty on instrument are required to pay stamp duty under the provisions of the Indian Stamp Act, 1899. The procedure & applicable rate for payment of stamp duty for various instruments are available at http://revenue.delhi.gov.in.

Download: http://www.rmgcs.com/wp-content/uploads/2015/04/Revenue-Department.pdf

Comments

  1. Rakesh Thakur says

    The Revenue Department, Government of GCT of Delhi has issued an Attention Note (Copy Attached) for all companies and corporate having their Registered Office in the NCT of Delhi.

    Copy not attached. pls. provide attachmnet.

  2. Rakesh Thakur says

    Thanks a lot

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