SEBI noticed that unscrupulous individuals are trying to cheat public by holding out as officials of Recovery and Refund Department of SEBI and falsely informing them about refund of money in various cases through phone calls/ e-mails/ messages.
The requirement of advance registration of minimum 15 days from the expected date of arrival of import consignment under SIMS has been abolished. Notification No. 19/2015-2020 | Dated: 7th July, 2022 Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade, New Delhi Notification No. 19/2015-2020 | Dated: 7th […]
SOP for Implementation of Central Government notification prohibiting import of mobile phones with duplicate, fake and non-genuine International Mobile Equipment Identity (IMEI)
It has been decided that investments by FPIs in government securities and corporate bonds made between July 08, 2022 and October 31, 2022 (both dates included) shall be exempted from the limit on short-term investments till maturity or sale of such investments.
ACIT Vs Anush Infrastructure (P) Ltd (ITAT Chennai) Upon careful consideration of material facts, it could be gathered that the whole basis to make additions in the hands of the assessee is sale agreement dated 24.08.2009 allegedly executed between the assessee and one Mrs. Bhavika Jain. On the basis of this agreement, it has been […]
Section 42 of the Reserve Bank of India Act, 1934 and Section 18 and 24 of the Banking Regulation Act, 1949 – FCNR (B)/NRE Term deposits – Exemption from maintenance of CRR/SLR
Exemption from Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) on Incremental FCNR(B) and NRE Term Deposits
Master Direction on Interest Rate on Deposits – Foreign Currency (Non-resident) Accounts (Banks) Scheme [FCNR(B)] and Non-Resident (External) Rupee (NRE) Deposit
Export Policy of wheat flour (atta) remains ‘Free’, but export shall be subject to recommendation of Inter-Ministerial Committee (IMC) on export of wheat. The Notification will come into effect from 12th of July, 2022. The provisions as under Para 1.05 of the Foreign Trade Policy, 2015-2020 regarding transitional arrangement shall not be applicable under this […]
These regulations may be called the Insolvency and Bankruptcy Board of India (Employees’ Service) (Amendment) Regulations, 2022.