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Extension of Time for processing of ITR with Refund claim for AY 2017-18

July 10, 2020 3129 Views 0 comment Print

CBDT Extends Time Limit for processing of Income Tax Return with Income Tax Refund Claims u/s 143(1) for AY 2017-18 in Non scrutiny cases till 31.10.2020.

Master Circular for Commodity Derivatives Market updated till 10th July 2020

July 10, 2020 1296 Views 0 comment Print

SEBI Master Circular for Commodity Derivatives Market updated till 10th July 2020 is a compilation of the circulars issued by Commodity Derivatives Market Regulation Department (CDMRD) pertaining to domestic commodity derivatives segment, which have been issued 10th July 2020. Securities and Exchange Board of india MASTER CIRCULAR SEBI/HO/CDMRD/DNPMP/CIR/P/2020/118 July 10, 2020 To, All Stock Exchanges […]

RBI substitute the word ‘VCF Companies’ with ‘AIF Companies’

July 10, 2020 1440 Views 0 comment Print

RBI decided to substitute the word ‘Venture Capital Fund Companies’ with ‘Alternative Investment Fund Companies’ in exercise of the powers conferred under section 45NC of RBI Act, 1934.

Import of cut flowers allowed through Chennai airport only

July 9, 2020 1125 Views 0 comment Print

Notification No. 17/2015-2020- Import Policy of cut flowers under HS code 0603 continues to remain ‘Free’. However import will be allowed through Chennai airport only. Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi Notification No. 17/2015-2020 New Delhi Dated 9th July, 2020 Subject: Amendment in import […]

Anti-dumping duty on imports of Steel & Fibre Glass Measuring tapes

July 8, 2020 843 Views 0 comment Print

Notification No. 17/2020-Customs (ADD)– Seeks to levy definitive anti-dumping duty on imports of ‘ Steel and Fibre Glass Measuring tapes and their parts and components ‘,originating in, or exported from, People’s Republic of China for a period of five years, in pursuance of final findings of sunset review investigations issued by DGTR GOVERNMENT OF INDIA […]

Working Group formed to study formation of Indian Pandemic Risk Pool

July 8, 2020 387 Views 0 comment Print

The COVID-19 pandemic which started as a public health crisis has led to significant disruption in economic activity mainly due to the measures taken to limit the spread of the disease. It has affected not just health but all sectors of the economy including but not limited to manufacturing, aviation, tourism, transportation, construction, services, agriculture and many others.

Delisting – An opportunity in the face of uncertainty

July 7, 2020 5328 Views 0 comment Print

The current global crisis and its resulting uncertainty have shaken the strongest of economies and organisations. However, these times also create a host of opportunities, the delisting of stocks being one of them. Need for delisting Given the sharp fall in capital markets, promoters are evaluating the delisting of securities to run their businesses more […]

Draft Code on Wages (Central) Rules, 2020

July 7, 2020 18612 Views 5 comments Print

(1) These rules may be called the Code on Wages (Central) Rules, 2020. (2)They extend to the whole of India. (3) They shall come into force after the date of their final publication in the Official Gazette, on the date of the commencement of the Code on Wages, 2019 (29 of 2019).

SEBI extends timelines for issuers of Municipal Debt Securities

July 7, 2020 444 Views 0 comment Print

It has been decided to partially modify the clause 7 of the circular (dealing with investor grievance report, financial results and Accounts maintained by issuers under ILDM Regulations) and further extend the timelines for submission to July 31, 2020.

IRDA relaxes conditions for issue of Arogya Sanjeevani Policy

July 7, 2020 552 Views 0 comment Print

Arogya Sanjeevani Policy- Insurers are hereby allowed to offer minimum sum insured less than Rs.1,00,000/- and maximum sum insured greater than Rs.5,00,000/- subject to the underwriting policy of the Insurers.

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