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RBI Discontinues Monthly LRS Reporting Requirement for Banks

September 6, 2024 2118 Views 0 comment Print

RBI’s latest directive ends the need for monthly LRS returns by AD Category-I banks, shifting to daily transaction reporting from September 2024.

SEBI Shortens Reporting Time for Commercial Paper Obligations

September 6, 2024 825 Views 0 comment Print

SEBI updates regulations, requiring entities to report payment obligations for listed Commercial Paper within one working day, aligning with non-convertible securities.

IRDAI Strengthens measures to empower the Policyholders

September 5, 2024 888 Views 0 comment Print

IRDAI releases a Master Circular to streamline policyholder rights, enhance claim settlements, and improve service standards for life, health, and general insurance.

Disclosure for utilization of issue proceeds for Listed Entities on NSE EMERGE

September 5, 2024 2193 Views 0 comment Print

NSE EMERGE mandates listed entities to submit a certificate on issue proceeds utilization, certified by auditors, with financial results from April 2023.

Insurance claims relating to floods in Andhra Pradesh and Telangana: IRDAI Circular

September 4, 2024 606 Views 0 comment Print

IRDAI issues guidelines for insurers to expedite flood-related claims in Andhra Pradesh and Telangana. Insurers must mobilize resources and ensure prompt settlements.

Failure to include web address in directors’ reports: MCA imposes Penalty

September 4, 2024 4476 Views 0 comment Print

Registrar of Companies imposes penalties on Priyanshi Nidhi Limited and its directors for violating Section 134(3)(a) of the Companies Act, 2013.

CBIC Appoints Authority for Customs Show Cause Adjudication

September 4, 2024 786 Views 0 comment Print

CBIC appoints officials to adjudicate Show Cause Notices under Customs Act, 1962, involving Zenlayer Inc. and others across multiple cities in India.

CBIC Delays Automation Rollout for EOUs to Sept 17 2024

September 4, 2024 783 Views 0 comment Print

CBIC extends the automation implementation for EOUs under Customs Rules 2022 to September 17, 2024, due to initial difficulties reported.

Amendment in Import Policy condition for Raw Pet Coke & Calcined Pet Coke

September 4, 2024 1110 Views 0 comment Print

DGFT revises import policy for Raw and Calcined Pet Coke to include various industries, effective September 4, 2024, expanding usage beyond aluminium sector.

DGFT Notifies Export of 8606 Metric Tonnes of Raw Cane Sugar to USA Under TRQ Scheme

September 3, 2024 609 Views 0 comment Print

DGFT allocates 8606 MTRV of raw cane sugar to USA under TRQ for FY 2025. APEDA to oversee quota with existing certification and reporting requirements.

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