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Archive: 07 July 2022

Posts in 07 July 2022

Syncing of ITC (HS), 2022- Schedule-1 (Import Policy) with Finance Act, 2022

July 7, 2022 2355 Views 0 comment Print

ITC(HS) 2022 Schedule-1 Import Policy is amended in sync with the Finance Act, 2022. This shall come into force with immediate effect.

Raising funds from foreign Jurisdictions: Assessing, Fading DR Route & Overseas Direct listing

July 7, 2022 1836 Views 0 comment Print

Explore the dynamics of raising funds from foreign jurisdictions through Direct and Depository Receipt (DR) routes. Learn about the fading popularity of DRs and the potential of overseas direct listing for Indian companies. Understand the present state, challenges, and the way forward in cross-border listings, including the impact on the Indian economy.

Overseas foreign currency borrowings of Authorised Dealer Category-I banks

July 7, 2022 1038 Views 0 comment Print

Such lending shall be subject to the end-use prescriptions as applicable to External Commercial Borrowings (ECBs) in terms of paragraph 2.1(viii) of the Master Direction – External Commercial Borrowings, Trade Credits and Structured Obligations dated March 26, 2019, as amended from time to time.

Investment by Foreign Portfolio Investors (FPI) in Debt – Relaxations

July 7, 2022 2847 Views 0 comment Print

It has been decided that investments by FPIs in government securities and corporate bonds made between July 08, 2022 and October 31, 2022 (both dates included) shall be exempted from the limit on short-term investments till maturity or sale of such investments.

‘Fully Accessible Route’ for Investment by Non-residents in Government Securities – Additional specified securities

July 7, 2022 1107 Views 0 comment Print

RBI designate two more securities as well as all new issuances of Government securities of 7-year and 14-year tenors as ‘specified securities’ under the FAR.

Annual GST return filing exemption for financial year 2021-22

July 7, 2022 5952 Views 0 comment Print

Notification issued by Commissioner of State Tax – Exempts the registered person whose aggregate turnover in the financial year 2021-22 is upto two crore rupees, from filing annual return for the said financial year Office of the Commissioner of Commercial Taxes, Ezhilagam, Chepauk, Chennai -600 005 Notification issued by Commissioner of State Tax, under T.N.G.S.T […]

CORRIGENDUM to Notification No. 08/2022-Central Excise

July 7, 2022 2193 Views 0 comment Print

CBIC issues CORRIGENDUM to Notification No. 08/2022-Central Excise dated  30th June, 2022  MINISTRY OF FINANCE (Department of Revenue) CORRIGENDUM New Delhi, the 7th July, 2022 G.S.R. 523(E).—In the notification of the Government of India, Ministry of Finance (Department of Revenue) No. 08/2022-Central Excise, dated the 30th June, 2022, published in the Gazette of India, 4603 […]

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