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Circulars

55 FAQs on Direct Tax Vivad se Vishwas Bill, 2020

March 4, 2020 24552 Views 1 comment Print

After introduction of Vivad se Vishwas in Lok Sabha, several queries have been received from tile stakeholders seeking clarifications in respect of various provisions contained therein. Government has considered these queries and decided to clarify the same in form of answers to frequently asked questions

Issue certificate of insurance with Arogya Sanjevani Policy: IRDAI

March 4, 2020 1131 Views 0 comment Print

Every insurer offering Arogya Sanjevani Policy shall provide a certificate of insurance to the policyholder indicating the availability of health insuarnce coverage.The certificate shall have a reference to access detailed terms and conditions of the policy contract.

Co-authorization of permanently disabled child/children in PPO for Family Pension

March 3, 2020 1221 Views 0 comment Print

Permanently disabled child/children or sibling can be co-authorized in the PPO issued to the retiring Government servant if there is no other eligible prior claimant for family pension other than the spouse.

Norms of Regaining Matched Book for Commodity Derivatives Segment revised

March 3, 2020 405 Views 0 comment Print

Securities and Exchange Board of India CIRCULAR SEBI/HO/CDMRD/DRMP/CIR/P/2020/32 March 03, 2020 To, The Managing Directors / Chief Executive Officers, All Clearing Corporations having Commodity Derivatives Segment Sir / Madam, Sub: Review of Norms regarding Regaining Matched Book for Commodity Derivatives Segment 1. SEBI vide Circular SEBI/HO/CDMRD/DRMP/CIR/P/2016/77 dated September 01, 2016, inter alia, prescribed norms to […]

MCA clarifies on prosecutions for defaults committed by a company

March 2, 2020 5874 Views 0 comment Print

Clarification on prosecutions filed or internal adjudication proceedings initiated against Independent Directors, non- promoters and non-KMP non-executive directors under Companies Act 2013

Implementation of Customs automated clearance on All-India basis

February 28, 2020 1149 Views 0 comment Print

It has now been decided to extend the facility of automated clearance of Bills of Entry to all customs formations where the Customs EDI system is operational, with effect from 05.03.2020.

Existing recognized entities in IFSC can apply for IA registration without forming separate company or LLP

February 28, 2020 420 Views 0 comment Print

It is clarified that existing recognized entities in IFSC can also apply for Investment Adviser (IA) registration without forming a separate company or LLP.

SEBI amends SEBI (International Financial Services Centres) Guidelines, 2015

February 27, 2020 984 Views 0 comment Print

Clause 8 (1) of SEBI (IFSC) Guidelines, 2015 is being amended to read as under: 8 (1) Any SEBI-registered intermediary (except trading member or clearing member) or its international associates in collaboration with such SEBI-registered intermediary may provide financial services relating to securities market, in IFSC, without forming a separate company, subject to the prior approval of the Board.

Investors can directly directly access infrastructure of recognised stock exchanges to deal in MFs

February 26, 2020 711 Views 1 comment Print

It has been decided to allow investors to directly access infrastructure of the recognised stock exchanges to purchase and redeem mutual fund units directly from Mutual Fund/ Asset Management Companies.

Relief in Average Export Obligation in terms of Para 5.19 of HBPs of FTP 2015-20

February 26, 2020 1758 Views 0 comment Print

Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi ***** Policy Circular No. 31/2015-20 Dated 26th February, 2020 To, All Regional Authorities of DGFT /All Customs Authorities/FIEO/EPCs/All Concerned. Subject: Relief in Average Export Obligation in terms of Para 5.19 of Hand Book of Procedures […]

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