Circular No. 15/2023-Customs discusses the introduction of mandatory additional qualifiers in import/export declarations for certain products, effective from 1st July 2023. Circular No. 15/2023-Customs refers to the earlier Circular 55/2020-Customs, which encouraged importers to voluntarily provide comprehensive product descriptions and additional parameters for imported goods. The intent was to minimize queries and optimize assessment efficiency. […]
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.
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.
Govt issued a circular detailing vacancies for Judicial & Technical Members posts in NCLAT with detailed guide to apply for these positions
NaBFID is regulated by RBI as an All India Financial Institution and its role in developing bonds and derivatives markets for infrastructure financing.
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 […]
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 issued a circular emphasizing the adherence to timelines for scrutinizing applications for validation of joint options.
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 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 […]
