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Archive: June, 2023

Posts in June, 2023

Patna HC dismisses Second Anticipatory Bail Application in Money Laundering Case: Chakresh Kumar Jain Vs UOI

June 16, 2023 981 Views 0 comment Print

Patna High Court rejects second anticipatory bail application filed by Chakresh Kumar Jain under section 4 PMLA, mirroring a similar rejection of an anticipatory bail plea by his father, Pawan Kumar Jain.

Step by Step Guide to Incorporating a One Person Company (OPC) in India

June 16, 2023 4131 Views 0 comment Print

Learn how to incorporate a One Person Company (OPC) in India with this step-by-step guide. From obtaining DSC and DIN to filing documents and post-incorporation formalities, get the details you need.

Comparative Analysis of Binance USD with Fiat-Pegged Cryptocurrencies

June 16, 2023 384 Views 0 comment Print

In this article, we delve into the comparative analysis of Binance USD with other fiat-pegged cryptocurrencies and use cases and adoption of BUSD.

Beginner’s Guide to Binance USD and Cryptocurrency Arbitrage

June 16, 2023 741 Views 0 comment Print

Cryptocurrency arbitrage can be a lucrative trading strategy for those seeking to capitalize on price discrepancies across different exchanges. In this article, we will discuss identifying arbitrage opportunities and executing cryptocurrency arbitrage trades.

Sovereign Gold Bond Scheme 2023-24: Subscription Dates & Application Process

June 15, 2023 6534 Views 0 comment Print

Reserve Bank of India (RBI) has released a notification regarding the Sovereign Gold Bond Scheme 2023-24 announced by the Government of India. The scheme introduces a distinct series of bonds starting from series I, with specific terms and conditions for issuance. This notification provides important details about the subscription dates, application process, and designated receiving […]

Notification No. 44/2023-Customs: Exchange Rates for Imported & Exported Goods

June 15, 2023 6408 Views 0 comment Print

CBIC released Notification No. 44/2023 – Customs on 15th June, 2023. This notification supersedes the previous Notification No. 39/2023-Customs(N.T.) and provides the updated exchange rates for converting foreign currencies into Indian rupees and vice versa for imported and exported goods. The new rates will come into effect from 16th June, 2023. Government of India Ministry […]

Govt simplifies Regulatory Framework for e-commerce Export of Jewellery via Courier Mode

June 15, 2023 1440 Views 0 comment Print

Central Board of Indirect Taxes & Customs, has issued Circular No. 17/2023-Customs on June 15, 2023, introducing a simplified regulatory framework for e-commerce exports of jewellery through courier mode. The circular provides details regarding the exemption of certain document uploads for exporters who choose not to re-import the exported jewellery. F.No. 455/03/2020-Cus.V Government of India […]

Tariff Notification No. 45/2023-Custom (N.T.), Dated: 15.06.2023

June 15, 2023 2532 Views 0 comment Print

CBIC issued a Notification No. 45/2023-Custom (N.T.)on June 15, 2023, amending the tariff values for customs duty calculation. The notification provides updated tariff values for rude palm oil, palmolein, crude soya bean oil, brass scrap, gold and silver in various forms, including bars, coins, and findings used in jewelry and areca nuts, which are used […]

Govt Designates Special Courts for Economic Offences in Jharkhand

June 15, 2023 885 Views 0 comment Print

CBDT issued a notification on June 15, 2023, designating Special Courts for Economic Offences in the state of Jharkhand. The notification identifies the specific courts and areas assigned for handling cases related to income tax and undisclosed foreign income and assets.

SEBI (Alternative Investment Funds) Regulations, 2023 Amended by SEBI

June 15, 2023 8337 Views 0 comment Print

Read about the latest amendments introduced by the Securities and Exchange Board of India (SEBI) in the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012. The amendments include the introduction of the Corporate Debt Market Development Fund, valuation procedures, investment conditions, governance mechanisms, and more.

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