Customs (Import of Goods at Concessional Rate of Duty) Amendment Rules, 2021 were notified vide Notification No. 09/2021-Customs (N.T.), dated 01.02.2021. For ease of understanding the broad modalities of its operationalisation, the Customs wing of CBIC has issued a detailed circular No.10/2021 -Cus dated 17.05.2021.
Brief History and Rationale behind the IBC The bankruptcy code is a one stop solution for resolving insolvencies which previously was a long process that did not offer an economically viable arrangement. The code aims to protect the interests of small investors and make the process of doing business less cumbersome. Previously in India there […]
Building Committee (Society) Barnala Vs CIT (Exemption) (ITAT Chandigarh) It is pertinent to observe that the ld.CIT(E) failed to comprehend the role of Bar Association in judicial dispensation. He construed the existence of the assessee-society in a very narrow manner, as if it is a group of some professionals who are working for their individual […]
In consultation with the Reserve Bank of India, the said limit has now been enhanced to USD 1,500 million. Further, all other regulations governing such overseas investment by eligible AIFs/VCFs shall remain unchanged.
The term ‘subsidiary’ or ‘subsidiary company’ as defined under the Companies Act, 2013[1] (‘Act’) refer to a company in which a holding company controls the composition of the Board of directors or may exercise at least 51% of the total voting power either on its own or together with one or more of its subsidiaries. […]
International Financial Services Centres Authority F.No.110/IFSCA/Banking Regulation/2021-22/4 Date : May 21, 2021 To all Banking Units Dear Sir/Madam, Subject: Guidelines for issuance of Certificate of Deposits – Withdrawal Banking Units may please refer to IFSCA Circular F. No.110/IFSCA/Banking Regulation/2021-22/2 on the above subject, issued on May 10, 2021. It is hereby informed, that the instructions […]
To ensure the smooth availability of the above injections in India for the treatment of patients of Black Fungus, we request you to kindly take immediate action and impose a ban on the export of these injections for the time till the Country is able to cure Black Fungus patients in India
In order to bring the pandemic under control, it is necessary that an audit of all types of medical facilities available in every State should be conducted immediately and States should be advised to take immediate steps to restore the medical facilities within a time bound period.
Consultation Paper – Review and Merger of SEBI (Issue and listing of Debt Securities) Regulations, 2008 and SEBI (Issue and Listing of Non-Convertible Redeemable Preference Shares) Regulations, 2013 into SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021
Public comments invited to review of the extant Confidentiality Regime as provided in Regulation 35 of the Competition Commission of India (General) Regulations, 2009 extended by one month due to COVID-19 pandemic
