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Circulars

MCA allows GAP up to 180 days between two board meetings

May 3, 2021 12618 Views 0 comment Print

Gap between two consecutive meetings of the Board may extend to 180 days during the Quarter – April to June 2021 and Quarter – July to September, 2021, Instead of 120 days as required in the Companies Act 2013. General Circular No. 08/2021 Dated 03-05-2021. The Ministry of Corporate Affairs vide its circular dated 03rd […]

Time Relaxed for Form for Creation or Modification of Charges

May 3, 2021 7083 Views 0 comment Print

MCA Relaxates of time for filing forms related to creation or modification of charges under the Companies Act, 2013 vide General Circular No. 07/2021 Dated: 03/05/2021. General Circular No. 07/2021 File No.02/01/2021-CL-V Government of India Ministry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan, Dr. R. P. Road, New Delhi-110001. Dated: 03/05/2021 To All […]

Additional Fee for certain Forms for Companies/LLP relaxed

May 3, 2021 25953 Views 4 comments Print

MCA relaxes levy of additional fees in filing of certain Forms under the Companies Act, 2013 and LLP Act 2008 vide General Circular No. 06/2021 Dated: 03/05/2021. In view of the difficulties being faced by stakeholders in filing various forms under the Companies Act, 2013 and LLP Act, 2008, the Ministry of Corporate Affairs vide […]

Information on various guidelines/circulars/directions applicable for undertaking non-core activities by an FC/FU

May 3, 2021 483 Views 0 comment Print

International Financial Services Centres Authority CIRCULAR F. No 172/ IFSCA/Finance Company/Unit Regulations/2021-22/5 May 03, 2021 To, All Finance Company’s / Finance Units in the International Financial Services Centre (IFSC) Subject: Information on various guidelines/circulars/directions applicable for undertaking non-core activities by an FC/FU The Finance Company/Finance Unit(FC/FU) may draw reference to regulation 5 (1) (iii) on […]

Guidelines on distribution of mutual funds & insurance products by Finance Company /Finance Unit

May 3, 2021 576 Views 0 comment Print

This circular shall apply to all FC/FU as the case may be, registered with the Authority under section 3 of IFSCA (Finance Company) Regulations, 2021 and who intends to undertake the above mentioned activities. Further, the circular shall remain applicable as amended by the Authority from time to time.

IFSCA – Prudential Regulations and activity specific guidelines

May 3, 2021 471 Views 0 comment Print

International Financial Services Centres Authority CIRCULAR F. No 172/ IFSCA/Finance Company/Unit Regulations/2021-22/3 May 03, 2021  To, All Finance Company’s / Finance Units in the International Financial Services Centre (IFSC) Subject: Prudential Regulations and activity specific guidelines Finance Company/Finance Unit (FC/FU) may draw reference to regulation 4 on applicable prudential regulations and regulation 5 on permissible activities, of the International Financial Services Centres Authority (Finance Company) Regulations, 2021 (herein referred to as ‘Regulations’) dated March 25, […]

Timelines for updation of SID & Key Information Memorandum

April 30, 2021 6744 Views 0 comment Print

For the open ended and interval schemes, the SID shall be updated within next six months from the end of the 1st half or 2nd half of the financial year in which schemes were launched, based on the relevant data and information as at the end of previous month. Subsequently, SID shall be updated within one month from the end of the half-year, based on the relevant data and information as at the end of September and March respectively

Govt extends timelines of certain Income Tax compliances (Read Circular)

April 30, 2021 25842 Views 0 comment Print

Govt extends timelines of certain compliances vide Circular No.8/2021 dated 30.04.2021, to mitigate the difficulties faced by taxpayers due to ongoing COVID-19 pandemic.   Also Read Relevant Press Release :- Government extends timelines of certain Income Tax compliances Circular No. 08/2021-Income Tax F.N0.225/49/2021/ITA-11 Government of India Ministry of Finance Department of Revenue Central Board of […]

IRDAI allows Additional time for filing all returns due on 31st March, 2021

April 30, 2021 846 Views 0 comment Print

Considering the prevailing pandemic situation due to COVID, all insurance intermediaries are allowed additional time upto 31stMay, 2021 to file all returns due on 31st March 2021.

SEBI relaxes compliance under LODR regulation & other applicable circulars

April 29, 2021 978 Views 0 comment Print

SEBI extends deadline for the quarter / half year / year ending March 31, 2021 for various filings and relaxation from certain compliance obligations under the LODR Regulations inter- alia due to ongoing second wave of the CoVID-19 pandemic and restrictions imposed by various state governments. Securities and Exchange Board of India CIRCULAR   No. […]

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