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CBIC notifies Rate of Exchange of Foreign Currencies wef 18.10.2019

October 17, 2019 3219 Views 0 comment Print

Customs Rate of Exchange of Foreign Currency Conversion w.e.f. 18th October, 2019 notified vide Notification No. 76/2019–Customs (N.T.) dated 17thOctober, 2019. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 76/2019–Customs (N.T.) New Delhi, dated the 17th October, 2019 In exercise of the powers conferred […]

Debt and non-debt instruments notified under FEMA 1999

October 16, 2019 5661 Views 0 comment Print

Central Government notifies instruments which can be considered as debt and non-debt instruments under Foreign Exchange Management Act, 1999.

IRDA Master Circular on Insurance Advertisements

October 16, 2019 2547 Views 0 comment Print

The success of insurance sales communication depends on public confidence and the faith they repose in the insurers, when they receive a communication from Insurers promoting their products. As such, the Insurers are expected to adopt fair, honest and transparent practices in the market-place and avoid practices that tend to impair the confidence of the public.

Cyber Security & Cyber Resilience framework for Qualified Registrars to an Issue / Share Transfer Agents

October 15, 2019 960 Views 0 comment Print

Quarterly reports containing information on cyber-attacks and threats experienced by QRTAs and measures taken to mitigate vulnerabilities, threats and attacks including information on bugs / vulnerabilities / threats that may be useful for other QRTAs should be submitted to SEBI in soft copy to rta@sebi.gov.in.

Cyber Security & Cyber Resilience framework for Stock Brokers / Depository Participants – Clarifications

October 15, 2019 2802 Views 0 comment Print

With regard to periodic audit as specified in paragraph 58 of Annexure 1 of the SEBI circular dated December 03, 2018, it has been decided that auditors qualified in following certifications can audit the systems of depository participants and stock brokers to check the compliance of Cyber Security and Cyber Resilience provisions:

CBIC and Customs launches scheme to attract investment and support Make in India programme

October 15, 2019 696 Views 0 comment Print

Central Board of Indirect Taxes and Customs has launched a revamped and streamlined programme to attract investments into India and strengthen Make in India through manufacture and other operations under bond scheme, under Customs Act, 1962. Section 65 of the Customs Act, 1962 enables conduct of manufacture and other operations in a customs bonded warehouse.

Tariff Notification No. 75/2019-Customs (N.T.), Dated: 15.10.2019

October 15, 2019 855 Views 0 comment Print

Tariff Notification No. 75/2019-Customs (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) Notification No. 75/2019-CUSTOMS (N.T.) New Delhi, 15th October, 2019 23 Asvina, 1941 (SAKA) S.O. […]

Companies (Filing of Documents and Forms in Extensible Business Reporting Language), Amendment Rules, 2019

October 15, 2019 2169 Views 0 comment Print

These rules may be called the Companies (Filing of Documents and Forms in Extensible Business Reporting Language), Amendment Rules, 2019.

Income Tax Department conducts searches on coaching institutes

October 14, 2019 1152 Views 0 comment Print

Income Tax Department, conducted a search action on 11th October, 2019 in the case of a business group based in Namakkal, Tamil Nadu. The group is mainly into running of educational institutions, and coaching institutes for competitive exams like NEET, etc.

HC Explains Law for Withholding of IT Refund under Section 241A

October 14, 2019 3381 Views 0 comment Print

Maple Logistics Private Limited & Anr Vs Pr. CCIT (Delhi High Court) Assessing Officer shall, firstly, with reasons, make a prima facie assessment of the probability that additions would be made in the Scrutiny Assessment Proceedings, secondly; he shall make an assessment of the quantum of additions, if any, that may be made to the […]

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