Category: Direct Tax

Requirement for obtaining prior approval of RBI in cases of acquisition/ transfer of control of Non-Banking Financial Companies (NBFCs)

Please refer to DNBS (PD) CC.No.376/03.10.001/2013–14 and Noti­fi­ca­tion No. DNBS(PD) 275/GM(AM)-2014 dat­ed May 26, 2014 on the ‘Non-Bank­ing Finan­cial Com­pa­nies (Approval of Acqui­si­tion or Trans­fer of Con­trol) Direc­tions, 2014’. The Reserve Bank has decid­ed to review the above men­tioned directions…

Important Announcement — Postponement of Chartered Accountants Examinations Scheduled to be held from 2nd – 17th, May, 2015 at Kathmandu (Nepal). — (28–04-2015)

POSTPONEMENT OF CHARTERED ACCOUNTANTS EXAMINATIONS SCHEDULED TO BE HELD FROM 2ND17TH, MAY, 2015 AT KATHMANDU (NEPAL). In view of the earth­quake and con­se­quent dis­rup­tion of nor­mal life in Nepal, the Inter­me­di­ate (IPC) and Final Exam­i­na­tions sched­uled to be…

Hosting of exemption(s) in a paper(s) granted in Intermediate (IPC) and Final examinations, valid for May, 2015. — (16–04-2015)

Exemption(s) in a paper(s) are grant­ed to can­di­dates of Inter­me­di­ate and Final exam­i­na­tions, in terms of Reg­u­la­tion 37C (8) and Reg­u­la­tion 38C (6), respec­tive­ly, of the Char­tered Accoun­tants Reg­u­la­tions 1988. The rules in this regard are pro­vid­ed in the Guid­ance Notes…