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Archive: 14 June 2023

Posts in 14 June 2023

Govt allows NABARD for Aadhaar Authentication of agricultural loan applicants

June 14, 2023 384 Views 0 comment Print

Read about the notification issued by the Ministry of Finance, Department of Financial Services, permitting the National Bank for Agriculture and Rural Development (NABARD) to perform voluntary Aadhaar authentication for residents applying for agricultural loans.

Govt Exempts Certain Transactions from Section 14 of IBC, 2016

June 14, 2023 1239 Views 0 comment Print

Read about the notification issued by the Ministry of Corporate Affairs, exempting specific transactions from the provisions of Section 14 of the Insolvency and Bankruptcy Code, 2016. The exemptions include Production Sharing Contracts, Revenue Sharing Contracts, Exploration Licenses, Mining Leases, and related transactions.

Guidelines to strengthen GST registration application verification process

June 14, 2023 6021 Views 0 comment Print

The Ministry of Finance, Government of India, recently released Instruction No. 03/2023-GST, dated 14th June, 2023, outlining stricter guidelines for the processing of applications for GST registrations. This move aims to counteract the prevalent issue of false and deceitful GST registrations used for issuing invoices without any actual supply of goods or services, leading to […]

Revamping Insurance Regulations: IRDAI Repeals Redundant Circulars

June 14, 2023 1539 Views 0 comment Print

Stay updated with IRDAI’s latest regulatory overhaul as they repeal various redundant circulars to enhance clarity and reduce compliance complexity for insurance intermediaries and insurers

Access NPS Statement of Transactions via DigiLocker: PFRDA Circular 2023

June 14, 2023 936 Views 0 comment Print

: Learn about the new PFRDA Circular that facilitates access to the NPS Statement of Transactions via DigiLocker, a digital initiative of the Government of India’s Digital India program.

Updated List of Countries Exempted from Azo Dyes Testing in Textiles: DGFT

June 14, 2023 10233 Views 0 comment Print

DGFT Public Notice No. 14/2023, amends list of countries exempted from Azo Dyes testing in textiles and textile articles under Appendix 2X of FTP, 2023

Delay in filing of Balance Sheet (AOC-4 XBRL) – MCA imposes Penalty

June 14, 2023 1626 Views 0 comment Print

Whereas the Company ought to have held its AGM for the financial year 2020-2021 on or before 30.9.2021 and filed its Balance Sheet (AOC-4) before MCA on or before 10.2021. However the company got extension upto 31.12.2021 and ought to have filed its Balance Sheet (AOC-4) before MCA on or before 30.01.2022, but the company […]

Amendment in Copra Import Policy under ITC (HS) Code 12030000

June 14, 2023 1089 Views 0 comment Print

Recent changes in the import policy and conditions of Copra under ITC (HS) Code 12030000, as per the DGFT Notification No. 11/2023.

Filing Annual Secretarial Compliance Report in XBRL on NEAPS: NSE Update

June 14, 2023 2703 Views 0 comment Print

National Stock Exchange of India’s latest circular regarding the submission of the Annual Secretarial Compliance Report (ASCR) in XBRL format via the NEAPS platform.

CBIC chairman updates on Embracing Data Analytics & Combating Smuggling

June 14, 2023 1491 Views 0 comment Print

Central Board of Indirect Taxes & Customs, under the Ministry of Finance, Government of India, shares an update highlighting the significance of data analytics in tax administration. The Chairman discusses the potential of data analytics to detect irregularities and enhance compliance. The update also includes details of successful anti-smuggling operations and a reminder to prioritize […]

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