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SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) (Amendment) Regulations, 2020

March 13, 2020 3744 Views 0 comment Print

1. These regulations may be called the Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) (Amendment) Regulations, 2020. 2. They shall come into force on the date of their publication in the Official Gazette.

An Investment Manager can manage multiple InvITs: SEBI

March 12, 2020 576 Views 0 comment Print

There is no provision in the SEBI (Infrastructure Investment Trusts) Regulations, 2014 (InvIT Regulations) which prevents an Investment Manager to manage more than one InvIT.

Custom notifies exchange rate of South African Rand wef 13.03.2020

March 12, 2020 447 Views 0 comment Print

Custom notifies exchange rate of South African Rand w.e.f. 13th March, 2020 vide Notification No. 22/2020-Customs (N.T.), dated the 12th March, 2020 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 22/2020–Customs (N.T.) New Delhi, dated the 12th March, 2020 22 Phalguna 1941 (SAKA) In […]

Travel Advisory (II) for COVID-19 for Indians intending to travel abroad

March 12, 2020 1617 Views 2 comments Print

More than 100 countries across the world now have reported cases of COVID-19. People traveling to these countries or people who have travelled abroad might come in contact with people affected with COVID-19 during their stay or even while in transit at the airports. Within these countries, few countries have reported very large number of cases and deaths putting passengers from these countries particularly at higher risk of infection.

7 GST Issues/Queires Raised and Replied by GST Department

March 8, 2020 4098 Views 0 comment Print

For a Normal taxpayer, there is presently two Returns i.e., GSTR-3B & GSTR-1 active in the common GST portal. GSTR-3B is a simple Monthly Return for the period July 2017 to March 2020 and is a consolidated summary return of inward and outward supplies that the Government of India has introduced as a way to relax the requirements for businesses that have recently transitioned to GST. And GSTR -1 is a monthly or quarterly return filed by taxpayers to disclose details of their outward supplies for the month – along with their tax liability.

Consultative paper on e-voting facility provided by listed entities

March 6, 2020 2415 Views 0 comment Print

There are multiple e-voting service providers (ESPs) providing e-voting facility to listed entities in India. This necessitates registration on various ESPs and maintenance of multiple user IDs and passwords by shareholders.

Extension of ad-hoc appointments of 213 ACsIT

March 5, 2020 1827 Views 0 comment Print

CBDT Extends ad-hoc appointments of the 213 Assistant Commissioners of Income Tax (ACsIT) Vide Office Order No. 46 of 2020 Dated 05th March, 2020.

CBIC notifies Rate of Exchange of Foreign Currencies wef 06.03.2020

March 5, 2020 939 Views 0 comment Print

Exchange Rate Notification No. 20/2020-Customs (NT) dated 5th March, 2020 Notifying Customs Rate of Exchange of Foreign Currency Conversion w.e.f. 6th March, 2020. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 20/2020–Customs (N.T.) New Delhi, dated the 5th March, 2020 15 Phalguna 1941 (SAKA) […]

Inspector of central excise, customs & service tax sentenced in a bribery case

March 5, 2020 1305 Views 0 comment Print

The Special Judge, CBI cases, Ernakulam (Kerala) has sentenced Shri A. Antony George, then Inspector of Central Excise, Customs and Service Tax, Cochin, to undergo two years Rigorous Imprisonment with fine of Rs. 4 lakh in a bribery case.

Indian Institutes of Information Technology Laws (Amendment) Bill, 2020

March 4, 2020 906 Views 0 comment Print

The Indian Institutes of Information Technology Laws (Amendment) Bill, 2020 was Introduced in Lok Sabha on 04th March 2020. Indian Institutes of Information Technology Act, 2014 was enacted in pursuance of a scheme approved by the Government to set up twenty Indian Institutes of Information Technology in Public-private Partnership mode. Fifteen such institutes were incorporated […]

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