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Circulars

Product Design & Risk Management Framework for Options on Commodity Indices

March 24, 2022 381 Views 0 comment Print

Stock Exchanges shall submit at-least past three-years data of the index constructed along with data on monthly volatility, roll over yield for the month and monthly return while seeking approval from SEBI. On approval, the Stock Exchange(s) shall also publish the above data on their website before launch of the contract.

Change in control of Sponsor and/or Manager of AIF involving scheme of arrangement

March 23, 2022 4155 Views 0 comment Print

The application seeking approval for the proposed change in control of the Sponsor and/or Manager of the AIF under Regulation 20(13) of AIF Regulations shall be filed with SEBI prior to filing the application with the NCLT;

Care to be taken while revocation of cancellation of GST registration

March 23, 2022 2085 Views 0 comment Print

On receipt of application for revocation of cancellation of registration, the proper officer shall pay a visit to the POB of the taxpayer in order to ensure that the taxpayer is in genuine business from his premises. This will ensure that the revocation is not done in the ease of non-existent / non-genuine tax payer.

SEBI releases revised harmonised four level industry classification framework

March 22, 2022 813 Views 0 comment Print

SEBI committee examined the existing industry classification structures, across sectors, and developed a revised harmonised four level industry classification framework for adoption by all stakeholders and for all relevant processes/ purposes in Indian securities market.

Information regarding details of all Licensee, Lessee and Contractor project-wise involved in Petroleum Operations–reg

March 17, 2022 2163 Views 0 comment Print

Circular No. 06/2022-Customs F. No. CBIC-190354/45/2021-TRU Government of India Ministry of Finance Department of Revenue (Tax Research Unit) ***** Room No. 156, North Block New Delhi, dated the 17th March, 2022 To, All Principal Chief Commissioners/ Chief Commissioners of Customs/Customs (Preventive), Central Excise All Principal Director Generals/ Director Generals Madam/ Sir, Subject: Information regarding details […]

Annual Kerala Flood cess return date extended to 30.04.2022

March 17, 2022 2901 Views 0 comment Print

Annual Kerala Flood cess return date extended to 30.04.2022 from earlier date of 15th of March 2022. KERALA STATE GOODS AND SERVICES TAX DEPARTMENT NOTIFICATIONS [No. 2/2022–STATE TAX] CT/6815/2021-GSTINFO4 Thiruvananthapuram, 17/03/2022 In exercise of the powers conferred by second proviso to rule 6 of the Kerala Flood Cess Rules, 2019, the Commissioner of State Tax, […]

CBDT condones default in filing Form 10-IC

March 17, 2022 27618 Views 4 comments Print

CBDT issues Income Tax Circular 06/2022 | Dated: 17th March, 2022 to condone the default in filing Form 10-IC to avail lower tax rate of 22% under section 115BAA for AY 2020-21. Form 10-IC can now be filed till 30 June 2022, if Income Tax return was originally filed within due date and the option […]

MahaRERA: Submission of Certificate to Schedule bank operating separate A/c

March 17, 2022 1947 Views 0 comment Print

In the event, the said three certificate as submitted to the schedule bank operating the separate account entitles a promoter to withdraw a particular amount and if the promoter chooses to withdraw the said amount in tranches, then for every such withdrawal fresh certificates from project architect, project engineer and charted accountant in practice need not be submitted.

Revision in Orders Per Second limit for algorithmic trading in Commodity Derivatives

March 17, 2022 807 Views 0 comment Print

The limit on OPS may be further relaxed by the Stock Exchanges based on the increased peak order load observed and corresponding upgrade of infrastructure capacity to ensure that the capacity of trading system of the Stock Exchange remains at least four times the peak order load.

CBDT relaxes requirement of electronic filing of application in Form No. 3CF

March 16, 2022 3969 Views 0 comment Print

CBDT relaxes requirement of electronic filing of application in Form No. 3CF for seeking approval under section 35(1)(ii)/(iia)/(iii) of Income-tax Act, 1961 vide Income Tax Circular No. 5/2022 | Dated 16th March 2022. F. No. 225/54/2022/ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi Income Tax Circular […]

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