1. Companies (cost records and audit) Amendment Rules, 2018 :
In exercise of the powers conferred
by sub-sections (1) and (2) of section 469 and section 148 of the Companies
Act, 2013 (18 of 2013), the Central Government hereby makes the following rules
further to amend the Companies (cost records and audit) Rules, 2014.
2. Transfer of securities only in demat form- Deadline extended
till April 1, 2019
The Board, on March 28, 2018, decided
that except in case of transmission or transposition of securities, requests
for effecting transfer of securities shall not be processed unless the
securities are held in the dematerialized form with a depository. This measure
was to come into effect from December 5, 2018.
Subsequently,
SEBI has received representations from shareholders for extension of the date
of compliance. In view of the same, the deadline has been extended and the
aforesaid requirement of transfer of securities only in demat form shall now
come into force from April 1, 2019.
3. SEBI has issued Circular to The Managing Directors
of all Recognized Stock Exchanges and Depositories regarding Cyber Security
& Cyber Resilience framework for Stock Brokers / Depository Participants.
Read
Full Circular at:
https://www.sebi.gov.in/legal/circulars/dec-2018/cyber-security-and-cyber-resilience-framework-for-stock-brokers-depository-participants_41215.html
4.
Modi
ready with another GST like reform to boost trade :
Modi government to change
customs duty architecture to boost trade, ease of doing business
Read more at:
5.
Company conversion to LLP a
transfer, taxable: I-T Appellate Tribunal
Read more at:
6.
Status of GST
Refunds
Total GST
refunds to the tune of Rs 91,149 crores have been disposed by CBIC and State
authorities out of the total refund claims of Rs 97,202 crores received so far.
Thus, the disposal rate of 93.77 per cent has been achieved. The pending GST
refund claims amounting to Rs 6,053 crores are being expeditiously processed so
as to provide relief to eligible claimants. Refund claims without any
deficiency are being cleared expeditiously.
Thanks & Regards
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