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SEBI cannot issue guideline on Securities of private companies

April 5, 2023 2937 Views 0 comment Print

In terms of Securities and Exchange Board of India (Informal Guidance) Scheme, 2003, informal guidance may be provided in respect of a specific provision of any Act, Rules, Regulations, Guidelines, Circulars or other legal provisions being administered by the SEBI. Since securities of private companies are not regulated by SEBI under the aforesaid legislative instruments, […]

Master Direction: RBI (Classification, Valuation & Operation of Investment Portfolio of Primary (Urban) Co-operative Banks) Directions, 2023

April 1, 2023 10668 Views 0 comment Print

Master Direction – Reserve Bank of India (Classification, Valuation and Operation of Investment Portfolio of Primary (Urban) Co-operative Banks) Directions, 2023

Empanelment of Social Auditors with ICSI Institute of Social Auditors

March 31, 2023 4317 Views 0 comment Print

ICSI-ISA invites expression of interest for initial empanelment of Social Auditors, in prescribed format, from experienced Social Auditors for conducting Social Audit of the Social Enterprises as prescribed by SEBI.

Notifications under Sec 7 of Aadhaar Act 2016 related to National Savings Schemes

March 31, 2023 1431 Views 0 comment Print

Government of India, is administering National Savings Schemes, which is being implemented through Department of Posts, Public Sector Banks and authorised private banks

Courier Imports and Exports (Electronic Declaration and Processing) Amendment Regulations, 2023

March 31, 2023 1035 Views 0 comment Print

Courier Imports and Exports (Electronic Declaration and Processing) Amendment Regulations, 2023 shall come into force on 1st April, 2023.

Customs- FA 2023 commencement dates of Section 135 & 128 to 131

March 31, 2023 1437 Views 0 comment Print

CBIC notifies commencement dates of clauses (a) and (b) of section 135 & 128 to 131 of Finance Act, 2023 (FA 2023) as 1st April 2023 vide Notification No. 21/2023-Customs (N.T.) | Dated : 31st March, 2023.  Text of the Notification is as follows:- MINISTRY OF FINANCE (Department of Revenue) Notification No. 21/2023-Customs (N.T.) | […]

Tariff Notification No. 20/2023- Customs (N.T.) Dated-31.03.2023

March 31, 2023 2496 Views 0 comment Print

Notification No. 20/2023- Customs (N.T.) Dated-31.03.2023 – Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notifications No. 20/2023- Customs (N.T.) Dated : 31st March, 2023 S.O. 1562(E).—In exercise of the powers conferred by sub-section (2) […]

Corporate Governance & Ethics – How COVID-19 Changed the Balance?

March 31, 2023 1377 Views 0 comment Print

Corporate governance is the set of laws, customs, and procedures that regulate and control an organisation. It entails striking a balance between the interests of a company’s numerous constituents, including shareholders, management, clients, vendors, financiers, the government, and the public.

AAR rejects application filed by non-supplier without requisite fee

March 31, 2023 636 Views 0 comment Print

In re Kalepsh Dineshbhai Patel (GST AAR Gujarat) The aforementioned application having been filed by M/s. Kalpesh Dineshbhai Patel and not by M/s. Khanepe Hungermall LLP who is the actual supplier and also having been filed without requisite fee, stands rejected in terms of section 98(2) of the CGST Act, 2017 read with sections 95(a), (c) […]

No GST on subsidized food to employees in factory/corporate office

March 31, 2023 2202 Views 0 comment Print

Subsidized deduction made by applicant from employees who are availing food in factory/corporate office would not be considered as a ‘supply’ under section 7 of CGST Act, 2017

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