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Circulars

Cyber Security and Cyber Resilience framework for Portfolio Managers

March 29, 2023 1521 Views 0 comment Print

With rapid technological advancement in the securities market, there is a greater need for maintaining robust cyber security and to have a cyber-resilience framework to protect the integrity of data and guard against breaches of privacy.

Generation and quoting of DIN on communications issued under GST

March 29, 2023 4176 Views 0 comment Print

Generation and quoting of Document Identification Number (DIN) on communications issued under GST by the officers of the Directorate to tax payers and other concerned persons.

NFRA Letter regarding instances of non compliances with Ind As

March 29, 2023 11910 Views 0 comment Print

Instances of non-compliance with Indian Accounting Standards (Ind ASs) on Accounting Policies for measurement of Revenue from Contracts with Customers and Trade Receivables

Launch of Exchange Rate Automation Module (ERAM) – Suggestions invited

March 29, 2023 1851 Views 0 comment Print

For the purpose of valuation of imported goods and export goods under section 14 of the Customs Act, it is proposed to introduce a system of normally publishing the currency exchange rates on ICEGATE website every day, replacing the existing system of notifying exchange rates fortnightly (twice a month). In this regard, a draft Circular is attached.

West Bengal’s New DIN Policy for GST Communications

March 29, 2023 1527 Views 0 comment Print

Key changes in West Bengal’s latest policy on Document Identification Number (DIN) for GST communications by Directorate of Revenue Intelligence and Enforcement (DRI&E).

Nomination for Mutual Fund Unit Holders – Due date extended to 30.09.2023

March 28, 2023 2979 Views 0 comment Print

It has been decided that the provision with regard to freezing of folios, shall come into force with effect from September 30, 2023 instead of March 31, 2023.

Framework for scheme of arrangement by unlisted Market Infrastructure Institutions

March 28, 2023 1143 Views 0 comment Print

Securities and Exchange Board of India Circular No. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2023/45 Dated: March 28, 2023 To All recognized Stock Exchanges All recognized Clearing Corporations All registered Depositories Dear Sir/Madam, Sub: Norms for Scheme of Arrangement by unlisted Stock Exchanges, Clearing Corporations and Depositories 1. In terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, listed entities (including listed […]

Consequences of PAN becoming inoperative – Rule 114AAA

March 28, 2023 24894 Views 0 comment Print

Consequences of PAN becoming inoperative: (i) refund of any amount of tax or part thereof, due under the provisions of the Act shall not be made to him; (ii) interest shall not be payable to him on such refund for the period, beginning with the date specified under sub-rule (4) of rule 114AAA and ending with the date on which it becomes operative;

SEBI Streamlines onboarding process of FPIs

March 27, 2023 1272 Views 0 comment Print

DDP may grant FPI registration to the applicant on the basis of scanned copies of executed Common Application Form (‘CAF’), scanned copies of certified supporting documents and applicable fees submitted by the applicant.

Deadline for nominations in trading & demat accounts extended to September 30

March 27, 2023 6060 Views 0 comment Print

SEBI extended deadline for trading and demat account holders to make nominations or opt-out of a nomination, from March 31 to September 30.

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