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Ensure Smooth Movement of Medical Professionals & Para-Medical Staff

May 11, 2020 501 Views 0 comment Print

Ensure smooth movement of medical professionals and para-medical staff, and opening of all private clinics, nursing homes and labs; Essential to tackle both COVID and non-COVID Emergencies: MHA to States Cabinet Secretary chaired a meeting, through Video Conference on 10th May 2020, wherein the issue of restrictions being imposed by some States/ UTs on the movement […]

Clarification on Regularization of Absence during COVID-19 Lockdown Period

May 9, 2020 17490 Views 3 comments Print

No.A.11014/1/2020-I Government of India Department of Space Bengaluru- 560094. May 09, 2020 Sr. Head P&GA, ISRO Headquarters, Bengaluru Sir, Subject: Clarification on regularization of absence during COVID-19 lockdown period- reg. Please refer ISRO HQ Note/letter No. HQ:ADMN:COVID:20 dated 20.04.2020 seeking clarification with regard to regularization of absence during COVID-19 lockdown period imposed by the Government […]

100 Crores Corpus Earmarked For Scholarship To CA Students

May 8, 2020 777 Views 0 comment Print

A Corpus fund of Rs.100 crore has been created and earmarked by ICAI to provide scholarships for the students who are pursuing Chartered Accountancy Course and increase the beneficiaries gradually.

Request for Amendments & Waiver of Late Fee Charges in Bills of Entry

May 8, 2020 2505 Views 0 comment Print

Review of Data of last one month has demonstrated that this facility has been used extensively by the Trade and, has been proved to be very successful measure in reducing human contact in the Customs process during this COVID crisis. Review has also revealed that these email requests have been attended and the issues resolved in a reasonable time.

FM launches INR- USD Futures & Options contracts in International Exchanges at GIFT-IFSC

May 8, 2020 678 Views 0 comment Print

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitaraman launched INR-USD Futures and Options contracts on the two International Exchanges, viz BSE’s India INX and NSE’s NSE-IFSC, at GIFT International Financial Services Centre at Gandhinagar today through video conference.

75% Concession in CA Course Registration Fee for select States & UTs

May 7, 2020 4695 Views 1 comment Print

Announcement : 75% Concession in Registration Course Fee for all levels of CA Courses for the Candidates/ Students from Newly formed Union Territories of Jammu & Kashmir and Ladakh and for 8 North-Eastern States.

SEBI Advises Franklin Templeton Mutual Fund To Focus on Returning Money To Investors

May 7, 2020 735 Views 0 comment Print

Securities and Exchange Board of India Press Releases No. 26/2020 Dated: May 7, 2020 SEBI has advised Franklin Templeton mutual fund (FT) to focus on returning money to investors, in the context of their winding up six of their debt schemes. SEBI has also noted that a section of the media has reported quoting FT […]

Addendum to Guidance Note on Audit of Banks, 2020 Edition

May 6, 2020 2739 Views 0 comment Print

Addendum to the Guidance Note on Audit of Banks, 2020 Edition with reference to RBI circular no.: RBI/2019-20/186 DOR.No.BP.BC.47/21.04.048/2019-20 dated March 27, 2020 on COVID 19 – Regulatory Package The RBI issued a circular dated March 27, 2020 granting relief for borrowers as Covid-19 Regulatory package. The relief granted to borrowers vis-à-vis IRAC norms is […]

Clarification with respect to submission of PSIC

May 6, 2020 2874 Views 0 comment Print

Customs Authorities may take scanned copy of the PSIC document submitted by the importers for clearance without asking for the physical copy. The original physical copy of the PSIC needs to be submitted to Customs within 60 days of the clearance.

COVID19 Regulatory Package – Asset Classification & Provisioning Clarification

May 6, 2020 2214 Views 0 comment Print

We advise that as per the circular dated April 17, 2020 on asset classification and provisioning, in respect of all accounts classified as standard as on February 29, 2020, even if overdue, the moratorium period, wherever granted, shall be excluded by the lending institutions from the number of days past-due for the purpose of asset classification.

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