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Circulars

NPS/APY Functionalities released by CRAs during Quarter III (FY 2021-22)

March 31, 2022 510 Views 0 comment Print

NPS/APY Functionalities released by CRAs during Quarter III (FY 2021-22) includes New Subscriber Registration Form(SRF) – Changes in PoP Online Module, New SRF -Changes in API, Information on contact details of ASPs in CRA’ s Annuity Calculator, Changes in subscriber login LTI/UX and Option to reset password/ regenerate password for Nodal Office users. PENSION FUND REGULATORY […]

NHAI discontinue Section 54EC Capital Gain Bonds issuance w.e.f. 01.04.2022

March 31, 2022 30891 Views 0 comment Print

The Government of India in IEBR for FY 2022-23 have not mandated NHAI to raise funds from the market. Therefore. NHAI shall not issue 54 EC Bonds and any other debt instruments/Bonds etc. w.e.f. 01.04.2022. All are requested to please take a note of It and advise all your associates/brokers not to accept any fresh application and application money intended for allotment w.e.f. 01.4.2022 onwards.

IFSCA Guidelines for Liquidity Enhancement Scheme

March 31, 2022 957 Views 0 comment Print

Liquidity in the listed securities is a crucial determinant of success of Stock Exchanges in any jurisdiction. However, in a nascent stage of a jurisdiction, attracting liquidity on a Stock Exchange may require certain incentives for market participants.

IRDAI extends dispensation for physical signatures on General Insurance proposal forms

March 31, 2022 813 Views 0 comment Print

IRDAI decided to further extend the dispensation allowed for  General Insurance proposal in physical form and wet signature on the proposal form  upto the period of 30/09/2022. Insurance Regulatory And Development Authority of India Ref: IRDAI/NL/CIR/MISC/060/03/2022 Date: 31st March, 2022 To All General Insurers Sub: (a) Issuance of Electronic Policies and (b) Dispensing with physical […]

IRDAI extends dispensation for physical signatures on General & Health Insurance proposal forms

March 31, 2022 927 Views 0 comment Print

IRDAI extends the facilitation of dispensing with physical signatures and wet signature on General & Health Insurance proposal forms in respect of health insurance policies for a further period of SIX (6) months i.e  up to the period 30.9.2022. INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA Circular Extension of timelines for Dispensing with Physical documents and […]

Changes in Customs Act vide Sections 86, 87, 88 & 94 of Finance Act, 2022

March 31, 2022 3255 Views 0 comment Print

Changes in the Customs Act, 1962 vide Sections 86, 87, 88 and 94 of the Finance Act, 2022 (enacted on 30.03.2022) and notifications related thereto with reference to appointment of officers of customs and assignment of functions

CBDT extends last date for filing of Form No.10AB

March 31, 2022 14631 Views 0 comment Print

CBDT extends the last date for filing of Form No.10AB for seeking registration or approval under Section 10(23C), 12A or 80G of the IT Act,1961. The application for registration or approval in Form No. 10AB can be filed upto 30th September, 2022. *** CBDT extends last date for filing of Form No.10AB for seeking registration […]

RBI extends timeline for implementation of cassette swap in all ATMs till 31.03.2023

March 31, 2022 2430 Views 0 comment Print

Banks were advised to consider using lockable cassettes in their ATMs which shall be swapped at the time of cash replenishment and achieve such cassette swap by March 31, 2022 and on request RBI extends the timeline for implementation of cassette swap in all ATMs till March 31, 2023. Reserve Bank of India RBI/2021-22/190 DCM […]

Procedure for claiming reimbursement of SGST on movie ‘The Kashmir Files’

March 30, 2022 3414 Views 0 comment Print

The Exhibitor shall claim reimbursement of SGST paid on monthly basis by filing Application, manually, in Annexure-A to the Proper Officer (LGSTO / SGSTO having geographical jurisdiction) irrespective of the fact whether the Exhibitor falls in the Central or State jurisdiction. This application shall be filed within ten days from the due date of filing monthly tax return.

Clarification on applicability of LODR regulation to Related Party Transactions

March 30, 2022 3948 Views 0 comment Print

For an RPT that has been approved by the audit committee and shareholders prior to April 1, 2022, there shall be no requirement to seek fresh approval from the shareholders.

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