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RBI’s Regulatory Updates on Non-Deliverable Derivative Contracts

June 6, 2023 2994 Views 0 comment Print

RBI has issued new directives on non-deliverable derivative contracts (NDDCs) as part of their risk management and inter-bank dealings. The amendments aim to develop the onshore INR NDDC market and offer greater hedging flexibility.

Govt invites applications for the post of Judicial & Technical Members in NCLT

June 6, 2023 1887 Views 0 comment Print

Filling up of 05 (Five) posts of Judicial Member and 05 (Five) posts of Technical Members in the National Company Law Tribunal (NCLT) – inviting online applications for.

NCLAT Job Vacancies for Judicial & Technical Members: Application Guide

June 6, 2023 1296 Views 0 comment Print

Govt issued a circular detailing vacancies for Judicial & Technical Members posts in NCLAT with detailed guide to apply for these positions

IRDAI: Investments in National Bank for Financing Infrastructure & Development

June 5, 2023 690 Views 0 comment Print

NaBFID is regulated by RBI as an All India Financial Institution and its role in developing bonds and derivatives markets for infrastructure financing.

Electronic Repairs Services Outsourcing Pilot Initiated at ACC Bengaluru

June 3, 2023 5919 Views 0 comment Print

CBIC Circular No. 14/2023-Customs dated 3rd of June, 2023 introduces the Electronic Repairs Services Outsourcing (ERSO) initiative. ERSO aims to extend the lifespan of defective or damaged electronic goods by allowing designated repair service entities in India to import and repair them before re-exporting. The circular outlines the regulatory environment for ERSO, including the General […]

Transactions in Corporate Bonds through RFQ platform by Stock Brokers

June 2, 2023 1497 Views 0 comment Print

SEBI has issued a circular to all stock brokers through recognized stock exchanges, mandating increased trading of corporate bonds through the Request for Quote (RFQ) platform. The circular sets targets for stock brokers to undertake a certain percentage of their total secondary market trades in corporate bonds using the RFQ platform, with the aim of […]

EPFO Urges Timely Scrutiny of Joint Option Validation Applications

June 2, 2023 1722 Views 0 comment Print

EPFO issued a circular emphasizing the adherence to timelines for scrutinizing applications for validation of joint options.

EPFO: Computation of Pension Method – Application for Validation of Option

June 1, 2023 2253 Views 0 comment Print

Latest circular from EPFO regarding computation of pension method, application process for validation of options and method of calculating pension based on average monthly pay.

CBDT Revises Monetary Limit Exceptions for Appeals under Section 158AB

May 31, 2023 8310 Views 0 comment Print

CBDT issued Circular No. 8/2023, dated 31st May 2023, detailing the revision of exceptions to monetary limits for filing appeals deferred under the provisions of Section 158AB. The Circular provides guidelines on monetary limits and exceptions applicable to cases falling under Section 158AB of the Income Tax Act, 1961. This includes clarifications on deferral of […]

Condonation of Delay in Filing Refund Claim & Claim of Carry Forward of Losses

May 31, 2023 18105 Views 0 comment Print

CBDT revises monetary limits for condonation applications for claiming refund or carry forward of losses and set-off for application filed on or after June 01, 2023 vide Circular No. 07/2023 on 31st May 2023.

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