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Archive: 22 June 2020

Posts in 22 June 2020

Salient features of secure e-communication of Final LEO copy of Shipping Bill & Gatepass copy

June 22, 2020 1659 Views 0 comment Print

The salient features of the secure electronic communication of the Final LEO copy of the Shipping Bill and the Gatepass copy of Shipping Bill are as follows:

Procedure for Transhipment of Export Cargo from Bangladesh to third countries from LCS to Port/Aircargo

June 22, 2020 1209 Views 0 comment Print

Transhipment of goods from LCS Petrapole to Aircargo complex, Kolkata, shall be continued following the procedure prescribed in the aforesaid Circular, until further direction from the Board.

All about Independent Directors- (Part-1)

June 22, 2020 3480 Views 0 comment Print

An independent director is a member of the board who: -is a non-executive director of a company, -does not haveany kind of relationship with the company that may affect his/ her independence, -is not involved in day to day activities of the company, -helps the company in improving corporate credibility and governance standards. The companies […]

Why Mutual Funds are mostly under-performer when it comes to returns?

June 22, 2020 2235 Views 2 comments Print

Introduction: Equity Mutual fund seems to have become a great investment option in recent times. In-fact mutual fund companies (With their famous tag line “Mutual Fund Sahi Hai”) are leaving no stone unturned to bring the common man into the wild market commonly known as the Share market. But can mutual funds outperform the market […]

SEBI (SAST) Amendment Regulation, 2020

June 22, 2020 8601 Views 1 comment Print

Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations, 2020 are notified by SEBI on 16th June 2020 vide Notification No. SEBI/LAD-NRO/GN/2020/14. Vide this Notification SEBI has amended sub-regulation (2) of Regulation 3 and  sub-regulation (1) of Regulation 6. Analysis of SEBI (SAST) Amendment Regulation, 2020 is as follows:- – […]

SC Judge took One Full Day to file his own ITR- shows Sarcasm & Concern

June 22, 2020 2100 Views 1 comment Print

Discover the reality of filing Income Tax Returns. Are the forms really simple for common man? Read to find out more.

Regulatory framework for Housing Finance companies (HFCs)- Proposed RBI guidelines

June 22, 2020 2757 Views 0 comment Print

Recent HFCs have shown a tendency to violate sacred or ethical value for housing projects which propelled the usual humble seeker of a residential house, a life time goal for any poor or middle class Indian to book for a house, face enormous miseries.

SEBI (Substantial Acquisition of Shares and Takeovers) (Second Amendment) Regulations, 2020

June 22, 2020 1257 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Second Amendment) Regulations, 2020.

SEBI (Issue of Capital and Disclosure Requirement) (Second Amendment) Regulation, 2020

June 22, 2020 975 Views 0 comment Print

1. These regulations may be called the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2020. 2. They shall come into force on the date of their publication in the Official Gazette.

Reference form DCGI on Cross empowerment under GST

June 22, 2020 9687 Views 0 comment Print

Issue raised in the reference is whether intelligence based enforcement actions initiated by the Central Tax officers against those taxpayers which are assigned to the State Tax administration gets covered under section 6(1) of the CGST Act and the corresponding provisions of the SGST/UTGST Acts

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