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Mandatory Use of Bhavishya Portal for Pension Processing w.e.f. 01-01-2017

October 23, 2024 753 Views 0 comment Print

Bhavishya Portal is mandatory for pension processing, ensuring timely and transparent management of pension cases for Central Civil Pensioners since 2017.

Authorization Process for Payment Systems in an IFSC

October 23, 2024 606 Views 0 comment Print

IFSCA outlines the process for entities to seek authorization for Payment Systems in IFSCs. Detailed guidelines for application submissions included.

Non-Levy of Customs Duty on the import of Simply Sawn Diamonds

October 23, 2024 1314 Views 0 comment Print

Govt exempts customs duty on Simply Sawn Diamonds imported from 1st July 2017 to 1st Feb 2022, following past non-levy practice. No payment required.

Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold & Silver wef 24.10.2024

October 23, 2024 504 Views 0 comment Print

Notification No. 69/2024 amends tariff values for palm oil, metals, and areca nuts. Effective 24th October 2024. Key values remain unchanged from previous rates.

IRDAI (Insurance Fraud Monitoring Framework) Guidelines, 2024

October 23, 2024 2997 Views 0 comment Print

IRDAI releases draft guidelines on insurance fraud monitoring, open for feedback till Nov 13, 2024. Aims to strengthen fraud detection, prevention & response.

Implicating Customs Brokers as co-noticees in cases involving interpretative disputes

October 23, 2024 4983 Views 0 comment Print

Mumbai Customs’ advisory clarifies Customs Brokers’ liability in interpretative disputes, emphasizing evidence of wrongdoing for penalties.

Amendment in Export Policy of Non-Basmati Rice under HS code 1006 30 90

October 23, 2024 921 Views 0 comment Print

The Ministry of Commerce amended the export policy for non-Basmati rice, removing the Minimum Export Price requirement effective immediately.

GST Update for Metal Scrap Buyers: New Registration Rules

October 22, 2024 12954 Views 2 comments Print

GSTN updates registration process for metal scrap buyers via GST REG-07, effective October 22, 2024, ensuring compliance with new regulations.

Inclusion of Mutual Fund units in SEBI (Prohibition of Insider Trading) Regulations, 2015

October 22, 2024 1449 Views 0 comment Print

SEBI circular includes mutual fund units under insider trading regulations, effective November 1, 2024, outlining disclosure requirements for AMCs.

SEBI Circular on Regulated Persons’ Associations

October 22, 2024 1575 Views 0 comment Print

SEBI issues guidelines on associations of regulated persons with advisors, emphasizing compliance and restrictions on unregistered advice.

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