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Archive: February, 2023

Posts in February, 2023

Consultation paper on institutional mechanism for Stock Brokers to ensure prevention and detection of fraud or market abuse

February 8, 2023 1326 Views 0 comment Print

SEBI Consultation paper on institutional mechanism for Stock Brokers to ensure prevention and detection of fraud or market abuse

4,861 minors filed ITRs during FY 2022-23 till 31st January 2023

February 8, 2023 975 Views 0 comment Print

For individual taxpayers below age of 18 years, 4,861 ITRs filed and paid Rs 6.31 crore gross taxes, before claim of refund, during FY 2022-23 till 31st January 2023 For individual taxpayers between the age of 18 to 35 years, 2,09,06,829 ITRs filed, and Rs 93,318 crore paid in gross taxes, before claim of refund, […]

Crypto Assets require international collaboration to prevent regulatory arbitrage

February 8, 2023 948 Views 0 comment Print

Crypto Assets are borderless, require international collaboration to prevent regulatory arbitrage Under PMLA, Rs. 936 crore related to crypto currency is attached/seized/freezed by ED as on 31.01.2023 Crypto Assets are by definition borderless and require international collaboration to prevent regulatory arbitrage. This was stated by the Union Minister of State for Finance, Shri Pankaj Chaudhary, […]

Assistance in filing of applications for fixation of SION

February 8, 2023 1485 Views 0 comment Print

Members of trade can also seek assistance/guidance with regard to the filing of application of Advance Authorisation cases for fixation/finalization of Standard Input Output Norms (SION) through this facility to ensure completeness of application for faster fixation of SION.

Clarification w.r.t. issuance & listing of perpetual debt instruments, perpetual non-cumulative preference shares

February 8, 2023 2361 Views 0 comment Print

Clarification w.r.t. issuance and listing of perpetual debt instruments, perpetual  non-cumulative preference shares and similar instruments under Chapter V of the SEBI (Issue and Listing of Non-convertible Securities) Regulations, 2021

Entities allowed to use e-KYC Aadhaar Authentication services of UIDAI in Securities Market as sub-KUA

February 8, 2023 1920 Views 0 comment Print

Govt notified another 39 reporting entities to use Aadhaar authentication services of UIDAI under section 11A of Prevention of Money-laundering Act, 2002.

RBI Monetary Policy Committee increases policy rates by 25 basis points

February 8, 2023 1650 Views 0 comment Print

As announced in Monetary Policy Statement dated February 08, 2023, it has been decided by Monetary Policy Committee (MPC) to increase policy repo rate under Liquidity Adjustment Facility (LAF) by 25 basis points from 6.25 per cent to 6.50 per cent with immediate effect.

Draft Vivad se Vishwas II (Contractual Disputes)

February 8, 2023 2907 Views 0 comment Print

Government proposes quick settlement of contractual disputes to promote ease of doing business as announced in Union Budget 2023-24 and Circulates scheme for graded settlement terms for stakeholder consultation. The Ministry of Finance today circulated a draft scheme for consultation with stakeholders.  The scheme is aimed at bringing quick finality to certain contractual disputes in which […]

Project-wise CIRP of a Real Estate Company and IBC, 2016

February 7, 2023 6786 Views 0 comment Print

Explore Insolvency & Bankruptcy Board of India’s (IBBI) recent discussion paper proposing project-wise CIRP of a Real Estate Company, & how it overturns NCLT’s order in Mr. N. Kumar v Tata Capital Housing Finance Ltd., to benefit homebuyers.

FAQ’s on MCA Extension of due date of filing 46 Form on MCA V-3 Portal

February 7, 2023 6447 Views 0 comment Print

Get the latest FAQs about MCA’s extended filing date for 46 Form on MCA V-3 Portal without additional fees. Circular 03/2023 issued on 07 Feb 2023.

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