Subscribe to BCA Journal Know More

July 2012

The Ministry of Corporate Affairs has vide General Circular No. 10, dated 21st May 2012 issued Guidelines for declaring a financial institution as a Public Financial Institution.

By Sejal Vasa, Company Secretary
Reading Time 1 mins
fiogf49gjkf0d

Full version of the Circular can be accessed at MCA website

Download PDF

You May Also Like

Ministry issues general clarification on Cost Accounting and Cost Audit Order.

Contract of clearing and forwarding agent’s services entered into in 1998 providing that liability to pay service tax vested in service provider. Law amended retrospectively in 2000 to come into effect from 16-7-1997 to shift the liability to service recipient. The issue whether the change in legal provisions alter the legal rights or obligation arising out of contractual terms and whether or not the principal could deduct service tax from the bills of contractor — Held, nothing in law prevents<