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Circulars

Mandatory upload of Withdrawal/ KYC documents to enable Parallel Processing of Exit & Annuity for benefit of NPS Subscribers

February 22, 2023 1143 Views 0 comment Print

Common proposal for Exit from NPS and for buying annuity from ASP facilitates parallel processing of Lump sum component and Annuity due to which the time taken by ASPs while issuing Annuity Policies is significantly reduced which result in faster Subscriber servicing and timely Annuity issuance.

Advisory for SEBI Regulated Entities (REs) regarding Cybersecurity best practices

February 22, 2023 4020 Views 0 comment Print

Considering the interconnectedness and interdependency of the financial entities to carry out their functions, the cyber risk of any given entity is no longer limited to the entity’s owned or controlled systems, networks and assets.

MCA allows physical filing of Forms GNL-2, MGT-14, SH-8, SH-9 & SH-11

February 22, 2023 10041 Views 0 comment Print

Clarification about filing of Form GNL-2, for the purposes of filing prospectus related documents, MGT-14, PAS-3 and SH-8 during 22.02.2023 to 31.03.2023 due to process of stabilization of 45 forms launched with effect from 23.01.2023.

Amendment in Circular No. 26/2016-Customs dated 09.06.2016

February 21, 2023 6825 Views 0 comment Print

It has been brought to notice that cases of such antecedent verification arc lacing unreasonable delays at certain field formations. In order to ensure that this task is completed in a time hound manner. it has been decided to amend the aforesaid Circular 26/2016-Customs by inserting the following sentence at the end of Para 4.1

CBIC amends details of ex-bond Bill of Entry / Shipping Bill in Form A

February 21, 2023 3261 Views 0 comment Print

F. No. 483/01/2020-LC Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs Room No. 227 A. North Block, New Delhi *** Circular No. 04/2023-Customs Dated 21st February, 2023 To. All Principal Chief Commissioners/ Chief Commissioners of Customs All Principal Chief Commissioners/ Chief Commissioners of Customs (Prey.) All Principal […]

NPS/APY Functionalities released by CRAs during Quarter III (FY 2022-23)

February 21, 2023 867 Views 0 comment Print

Pension Fund Regulatory and Development Authority Circular no: PFRDA 2023/08/SUP-CRA 04 Dated: 21st Feb 2023 To All stakeholders under NPS Subject: NPS/APY Functionalities released by CRAs during Quarter III (FY 2022-23) The Central Record Keeping Agencies (CRAs) appointed by PFRDA develop system level functionalities as per the evolving needs of NPS/APY stakeholders. 2. CRAs have […]

MCA extends time limit for reservation of name & for 46 company forms

February 21, 2023 9351 Views 0 comment Print

Form PAS-03 which was closed for filing in Version-2 on 20.01.2023 and launched in Version-3 on 23.01.2023, and whose due dates for filing fall between 20.01.2023 and 28.02.2023, can also be filed without payment of additional fees till 31.03.2023.

Treatment of inward Co-Insurance while reporting MTP Obligations

February 20, 2023 864 Views 0 comment Print

obligations of an Insurer in respect of Motor Third Party Insurance Business for every Financial Year are also specified in IRDAI (Obligation of Insurer in Respect of Motor Third Party Insurance Business) Regulations, 2015.

Processing of MEIS/SEIS applications pending at RAs

February 20, 2023 3399 Views 0 comment Print

MEIS and SEIS scheme have now been discontinued w.e.f. 01.01.2021 and 01.04.2020 respectively, and are on the verge of final closure, therefore, transfer/migration of files at this moment from one RA to another, might not be feasible, as it will leads to fresh examination of the case and will take time.

EPFO circular on higher pension in compliance of SC judgement dated 04.11.2022

February 20, 2023 55527 Views 9 comments Print

Instructions in compliance of orders contained in Para 44 (iii) & (iv) read with Para 44(v) of Hon’ble Supreme Court judgement dated 04.11.2022 in the matter of Special Leave Petition (C) Nos. 8658-8659 of 2019.

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