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Ashok Kumar Gupta assigned charge of Chairperson NFRA

September 30, 2021 1236 Views 0 comment Print

Government assign the charge of post of Chairperson, NFRA to Shri Ashok Kumar Gupta, Chairperson, Competition CCl w.e.f. 01.10.2021 (F/N) for a period of three months or till appointment of a regular incumbent or till further orders, whichever is earlier. No. NFRA -051 412021 Comp-MCA Government of lndia Ministry of Corporate Affairs (NFRA Section) 5th […]

Govt forms committee for recommending names for appointment of chairperson & full time members in NFRA

September 29, 2021 687 Views 0 comment Print

Central Government hereby constitutes a search-cum-selection committee consisting of the following members for recommending names for appointment of chairperson and full time members in the National Financial Reporting Authority (NFRA),

Recipient of services cannot apply for advance ruling under GST: AAAR Uttar Pradesh

September 29, 2021 1524 Views 0 comment Print

In re Lucknow Producers Co-operative Milk Union Ltd (GST AAAR Uttar Pradesh) In this case appellant himself admitted that appellant is not covered under the reverse charge mechanism, but they are paying the entire tax to the service provider. In view of this, we find that, the appellant is a recipient of services in the […]

SEBI Proposes framework for Gold Exchange & SEBI (Vault Managers) Regulations, 2021

September 28, 2021 1161 Views 0 comment Print

3.1 The Vault Manager should be a body corporate incorporated in India. 3.2 The Vault Manager should have net worth of at least Rs. 50 crores. 3.3 The Vault Manager will be registered and regulated as SEBI intermediary, for providing vaulting services meant for gold deposited to create EGRs.

Validity of FTP 2015-2020 extended upto 31st March, 2022

September 28, 2021 7389 Views 2 comments Print

The existing Foreign Trade Policy 2015-2020 which is valid upto 30th September, 2021 is extended upto 31st March, 2022 vide Notification No. 33/2015-2020 – DGFT Dated: 28th September, 2021. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade New Delhi Notification No. 33/2015-2020 – DGFT Dated: 28th September, […]

More than 22000 compliances reduced in Government.

September 28, 2021 765 Views 0 comment Print

Secretary DPIIT said that more than 22,000 compliances have been reduced by Union Ministries, States & UTs so far under the initiative and about 13,000 compliances simplified while more than 1,200 processes have been digitized. It may be noted that during last fee years 103 offences have been decriminalized and 327 redundant provisions/laws removed.

AD banks can use any widely accepted/Alternative reference rate in place of LIBOR

September 28, 2021 552 Views 0 comment Print

In view of the impending cessation of LIBOR as a benchmark rate, it has been decided to permit AD banks to use any other widely accepted/Alternative reference rate in the currency concerned for such transactions.

ICSI Request for extension of time limit for filing of DIR-3 KYC

September 28, 2021 10218 Views 2 comments Print

The OTP generated is not getting transmitted to the registered mobile numbers of non-resident directors and foreign directors. Sometimes the OTP generated is not transmitted to e-mail IDs. Without the filling of OTPs, the e-form DIR-3 KYC cannot be filed.

Anti-Dumping investigation on imports of ‘Elastomeric Filament Yarn’ from Singapore

September 28, 2021 408 Views 0 comment Print

The product under consideration in the present application is Elastomeric Filament Yarn of all deniers. These filament yarns are also commonly referred to as Spandex or Elastane. The subject goods are described in terms of the deniers and are sold generally in the range of 10 to 1680 deniers.

ICMAI Exemption Training Requirement for Dec 2021 exam

September 28, 2021 543 Views 0 comment Print

In view of merging of June, 2021 & December, 2021 Intermediate & Final Examinations of the Institute, all types of training to be completed before appearing CMA Intermediate/ Final Examinations as applicable are hereby exempted only for December- 2021 term of Examinations due to pandemic situation arising out of spread of COVID-19.

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