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GeM Drastically Cuts Transaction Charges for Public Procurement

September 21, 2024 1233 Views 0 comment Print

GeM announces reduced transaction fees, benefiting sellers with orders over ₹10 crore paying a flat fee of ₹3 lakh, effective from August 2024.

Amendment Proposal: SEBI LODR Regulations on Dividend Payments

September 20, 2024 810 Views 0 comment Print

SEBI seeks public comments on proposed amendment for electronic-only payments of dividends, interest, and redemptions. Deadline: October 11, 2024.

Caution to Public – Dealing with unregistered Broker Dealers in IFSC

September 20, 2024 309 Views 0 comment Print

IFSCA warns the public about unregistered Broker Dealers in GIFT-IFSC offering high returns. Verify registration before making investments.

e-Form BEN-2 filed with delay of over 527 days: MCA imposes Penalty

September 20, 2024 474 Views 0 comment Print

Registrar of Companies imposes a penalty on GENONE Optech Pvt Ltd for delayed filing of e-Form BEN-2 under Section 90 of the Companies Act, 2013.

Amendment in EPCG Scheme HBP 2023 to Reduce Compliance Burden

September 20, 2024 291 Views 0 comment Print

DGFT amends Chapter 5 of HBP 2023 to ease compliance for EPCG authorizations, reducing annual reporting requirements and extending reporting periods.

Companies (Prospectus and Allotment of Securities) Amendment Rules, 2024

September 20, 2024 1881 Views 0 comment Print

MCA introduces amendments to the Companies (Prospectus and Allotment of Securities) Rules, 2014, affecting producer companies’ compliance timeline.

Ease of Doing Business: SOP for MIIs’ Financial Disincentives Due to Technical Glitches

September 20, 2024 399 Views 0 comment Print

SEBI revises financial disincentives for Market Infrastructure Institutions, focusing on technical glitches and easing compliance for better operational efficiency.

Amendment of Note 3 of Chapter 98 in First Schedule to Customs Tariff Act 1975

September 19, 2024 906 Views 0 comment Print

The Government of India amends the Customs Tariff Act, defining “laboratory chemicals” for import under specific conditions effective from September 19, 2024.

Directive on ITBA Use for Priority Case Recommendations

September 19, 2024 1029 Views 0 comment Print

The NFAC mandates using ITBA for priority case recommendations, emphasizing compliance with CBDT guidelines for faster appeal disposal.

No interest on investment under National Savings Scheme Rules, 1987 & 1992

September 18, 2024 1125 Views 0 comment Print

Amendments to National Savings Scheme rules will end interest accrual on balances from October 2024. New guidelines circulated by the Department of Posts.

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