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Circulars

RBI amends instructions on Interest on overdue domestic deposits

July 2, 2021 1176 Views 0 comment Print

It has been decided that if a Term Deposit (TD) matures and proceeds are unpaid, the amount left unclaimed with the bank shall attract rate of interest as applicable to savings account or the contracted rate of interest on the matured TD, whichever is lower.

Online filing of AEO T2 and AEO T3 applications: Launch of Version 2.0

July 1, 2021 2004 Views 0 comment Print

The AEO application processing for AEO T1 on the web-based portal has been functional since December 2018. To take this endeavor for digitization forward, in line with the government’s Digital India initiative, the Board has decided to launch a new version (V 2.0) for on-boarding of AEO T2 and AEO T3 applicants by way of online filing, real-time monitoring, and digital certification.

Interest Equalization Scheme for Pre & Post Shipment Rupee Export Credit extended

July 1, 2021 1506 Views 0 comment Print

Government of India has approved the extension of Interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit, with the same scope and coverage, for a further period of three months, i.e., up to September 30, 2021. The extension takes effect from July 01, 2021 and ends on September 30, 2021 covering a period of three months.

Guidelines under section 194Q of Income-tax Act, 1961

June 30, 2021 62175 Views 0 comment Print

CBDT releases Guidelines under section 194Q of Income-tax Act, 1961 vide Circular No. 13 of 2021 | Dated: 30th June, 2021. Section 194Q takes effect from 1st day of July, 2021. F. No. 370142/26/2021-TPL Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) *********** Circular No. 13 of 2021 | […]

MCA Relaxes time for filing forms for creation or modification of charges

June 30, 2021 6933 Views 1 comment Print

Vide General Circular No. 12/2021 dated 30th June, 2021 MCA has decided that In case of CHG – 1 & CHG – 9 the period from 01.04.2021 till 31.07.2021 shall not be reckoned for the purpose of counting the number of days under section 77 & 78 of the Act. In line with the extension provided […]

MCA extends time for filing of certain forms to 31st August, 2021

June 30, 2021 39378 Views 1 comment Print

Vide General Circular No. 11/2021 dated 30th June, 2021 MCA has decided to grant additional time up to 31st August, 2021 for filling of forms of Companies & LLPs due for filling during 1st April, 2021 to 31st July, 2021 other than charge forms without any additional fees. Accordingly, the due dates of DPT-3 & Form […]

Implementation of Cargo Manifest & Transhipment Regulations

June 30, 2021 771 Views 0 comment Print

Board vide Customs Notification No. 56/2021 -Customs (N.T) dated 30.06.2021 has extended the transitional provisions of SCMTR till 31st July 2021 for to enable carriers continue mandatory filing on parallel basis.

SEBI relaxes timelines for compliance by Trading /Clearing Members / KYC Registration Agencies

June 30, 2021 495 Views 0 comment Print

SEBI extends the timelines for compliance with the certain regulatory requirements by the Trading Members / Clearing Members / KYC Registration Agencies vide its Circular No. SEBI/HO/MIRSD/DOP/P/CIR/2021/587 Dated: June 30, 2021. Securities and Exchange Board of India CIRCULAR Circular No. SEBI/HO/MIRSD/DOP/P/CIR/2021/587 | Dated: June 30, 2021 To, 1. All Recognised Stock Exchanges and Clearing Corporations […]

Cross Margin in Commodity Index Futures & its underlying constituent futures or its variants

June 29, 2021 378 Views 0 comment Print

Securities and Exchange Board of India Circular No.: SEBI/HO/CDMRD/CDMRD_DRM/P/CIR/2021/586 June 29, 2021 To, The Managing Directors / Chief Executive Officers, All Clearing Corporations having Commodity Derivatives Segment Sir / Madam, Sub: Cross Margin in Commodity Index Futures and its underlying constituent futures or its variants 1. SEBI has prescribed norms, inter-alia, for providing margin benefit […]

FAQs – SEBI LODR amendments dated May 05, 2021

June 28, 2021 5475 Views 0 comment Print

The National Stock Exchange of India Limited has released a list of FAQs vide Circular  Ref: NSE/CML/2021/23 Dtd. 28th June, 2021 regarding the amendments introduced by the SEBI vide notification dated 05th May, 2021 in the existing provisions of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015. Q. No. Question Reply 1 As per Regulation […]

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