SEBI has been engaging with Merchant bankers, Industry Associations and other stakeholders on an active basis to continuously develop the primary market. SEBI also receives inputs from advisory committees on various critical policy matters from time to time
Instruction No. 29/2021-Customs F.No. 401/98/2021-Cus-III Government of India Ministry of Finance, Department of Revenue Central Board of Indirect Taxes & Customs North Block, New Delhi Dated the December 23rd, 2021 To, All Principal Chief Commissioners/Chief Commissioners of Customs/Customs (Preventive), All Principal Chief Commissioners/ Chief Commissioners of Customs & Central Tax, All Principal Commissioners/ Commissioners of […]
The next aspect to be considered is whether the amendment to the provisions to section 43B and 36(1)(va) of the Act by the Finance Act, 2021, has to be construed as retrospective and applicable for the period prior to 01.04.2021 also.
It has been represented by the stakeholders that considering the nascent stage of debt market at IFSC, the levy of fees for listing of privately placed debt securities may be deferred till development of the market at IFSC.
SEBI has signed the Enhanced Multilateral Memorandum of Understanding (EMMoU) of the International Organization of Securities Commissions (IOSCO) on December 22, 2021. Shri. Ajay Tyagi, Chairman signed the EMMoU on behalf of SEBI. With the signing, SEBI joins a select group of securities regulators which are signatories to EMMoU.
IFRS Foundation document issued for comments: IFRS Taxonomy 2021-Proposed Update 3 Initial Application of IFRS 17 and IFRS 9-Comparative Information (Amendment to IFRS 17)
The Child Marriage Restraint Act, 1929, was replaced by the Prohibition of Child Marriage Act, 2006, to prohibit solemnisation of child marriages, but this highly pernicious practice is still not completely eradicated from our society.
Amendment brought in the statute i.e., by Finance Act, 2021, the provisions of Section 36(1)(va) r.w.s. 43B of the Act amended by inserting Explanation 2 is prospective and not retrospective. Hence, the amended provisions of Section 43B r.w.s. 36(1)(va) of the Act are not applicable for the assessment year 2018-19 but will apply from assessment year 2021-22 and subsequent assessment years.
Invitation of comments from public on proposed changes to the Corporate Insolvency Resolution and Liquidation Framework under Insolvency and Bankruptcy Code, 2016
Central government notifies Inclusion of Soya Meal in Essential Commodities Act, 1955 & notifies Stock limit for Soya Meal for a period upto 30th June, 2022 for all States and Union Territories;
