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Archive: 12 December 2023

Posts in 12 December 2023

Veterinary Health Certificate for Import of Milk and Milk Products into India

December 12, 2023 1692 Views 0 comment Print

Learn about the latest Customs Instruction No. 29/2023 mandating Veterinary Health Certificates for Milk Imports into India. Get insights on the changes, implementation challenges, and key modifications

BIS Registration and Sampling Mandate for Import Goods

December 12, 2023 7917 Views 0 comment Print

Stay compliant with Customs Instruction No.28/2023-Customs. Learn about BIS registration requirements and random sampling for LED products. Important updates for importers

MCA Fines Auditors Rs. 180,000 for Disclosure Failures under Sections 143(3) & (11)

December 12, 2023 1260 Views 0 comment Print

Ministry of Corporate Affairs imposes Rs. 180,000 penalty on M/S Mukund M Chitale & Co., auditors of The Peerless General Finance & Investment Co Ltd, for Section 143(3) violations.

IASB’s Exposure Draft: Amendments to Financial Instruments Standards

December 12, 2023 633 Views 0 comment Print

Explore proposed amendments to IAS 32, IFRS 7, and IAS 1 in the Exposure Draft by IASB. Learn how the changes address challenges in classifying complex financial instruments. Submit your comments by February 10, 2024.

RBI Raises Transaction Limits: New Rules for E-Mandates in 2024

December 12, 2023 4038 Views 0 comment Print

Stay informed about RBI’s latest circular on e-mandates. Transaction limits increased to ₹1,00,000 for mutual funds, insurance premiums, and credit card bill payments.

SEBI’s Revised Framework: Upstreaming Clients’ Funds by Stock Brokers to Clearing Corporations

December 12, 2023 2013 Views 0 comment Print

Explore SEBI’s latest circular on upstreaming clients’ funds by stock brokers, addressing operational difficulties. Learn the revised framework for enhanced transparency.

Amendment in Rice Export Policy: Changes in Conditions 55 & 57

December 12, 2023 1704 Views 0 comment Print

Explore the latest amendment to the ITC(IIS) Export Policy, 2018 by the Ministry of Commerce, affecting conditions for exporting Basmati and Non-Basmati rice to European countries.

Bharatiya Sakshya (Second) Bill, 2023 is introduced in Lok Sabha

December 12, 2023 1110 Views 0 comment Print

BHARATIYA SAKSHYA (SECOND) BILL, 2023 (Bill No. 175 of 2023) is introduced in Lok Sabha on 12th December 2023. The bill seek to replace Indian Evidence Act, 1872. Earlier bill presented was withdrawn by Home Minister Amit Shah. STATEMENT OF OBJECTS AND REASONS The Indian Evidence Act, 1872 was enacted in the year 1872 with […]

Bharatiya Nagarik Suraksha (Second) Sanhita, 2023 introduced in Lok Sabha

December 12, 2023 2787 Views 0 comment Print

Bharatiya Nagarik Suraksha (Second) Sanhita, 2023 (Bill No. 174 of 2023) is introduced in Lok Sabha on 12th December 2023. The bill seek to replace The Code of Criminal Procedure, 1973. Earlier bill presented was withdrawn by Home Minister Amit Shah. STATEMENT OF OBJECTS AND REASONS The Code of Criminal Procedure, 1973 regulates the procedure […]

Bharatiya Nyaya (Second) Sanhita, 2023 introduced in Lok Sabha

December 12, 2023 1080 Views 0 comment Print

Bharatiya Nyaya (Second) Sanhita, 2023 (Bill No. 173 of 2023) is introduced in Lok Sabha on 12th December 2023. The bill seek to replace Indian Penal Code, 1860.  Earlier bill presented was withdrawn by Home Minister Amit Shah. STATEMENT OF OBJECTS AND REASONS In the year 1834, the first Indian Law Commission was constituted under […]

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