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Circulars

Filing of reporting to Stock Exchanges for violations of Insider Trading Regulations, relating to Code of Conduct

December 23, 2020 5508 Views 0 comment Print

In order to ease the filing of Reporting for violations of Code of Conduct (CoC), the Exchange has now provided a facility in the Listing Centre for filing by the listed companies. The path for this filing in the BSE Listing Centre is as follows:

Exit through Self-authorization by e-NPS subscribers

December 22, 2020 1413 Views 0 comment Print

It has now been decided by PFRDA to make the exit process more agile and seamless by extending the off line Aadhaar for the purpose of self-authorizing the exit requests of e NPS Under the process, the eNPS Subscribers with a corpus up to Rs. 10 lacs (Rupees Ten Lacs) in their NPS Accounts can furnish their off line Aadhaar details for the purpose of exit, in compliance with PFRDA’s exit regulations.

Core Settlement Guarantee Fund, Default Waterfall & Stress Test for LPCC

December 21, 2020 1767 Views 0 comment Print

SEBI notified the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2020, (SECC Amendment Regulations, 2020) on October 08, 2020, to permit setting up of a Limited Purpose Clearing Corporation for clearing and settlement of repo transactions in debt securities.

SEBI Reviews inclusion of Historical Scenarios in Stress Testing in Commodity Derivatives Segment

December 21, 2020 615 Views 0 comment Print

SEBI received representation to review the requirement of including all the price movements during the last 15 years, in the historical scenarios prescribed for stress testing.

General procedure for GST Audit | Section 65 | MGST Act 2017

December 21, 2020 6225 Views 0 comment Print

The Maharashtra Goods and Services Tax Department (MGSTD) is initiating audits u/s 65 of the MGST Act in case of selected RTPs. The present circular is being issued to clarify certain aspects related to GST Audit u/s 65 of MGST Act, 2017. Commissioner of State Tax, Maharashtra Stale, Mumbai 8th flr. New Bldg. GST Bhavan, […]

Salient features of KGST Act, 2017- electronic Scrutiny of High risk cases

December 19, 2020 3498 Views 0 comment Print

Salient features of KGST Act,2017- e-Shodane (electronic Scrutiny of High risk cases, Audit Observations & DRC under AssessmeNt modulE) {e-Audit} – Certain instructions reg.

RBI amends MD on KYC – Centralized KYC Registry

December 18, 2020 1614 Views 0 comment Print

As the CKYCR is now fully operational for individual customers, it has been decided to extend the CKYCR to Legal Entities (LEs). Accordingly, REs shall upload the KYC data pertaining to accounts of LEs opened on or after April 1, 2021, on to CKYCR in terms of Rule 9 (1A) of the PML Rules.

Framework for issue of Depository Receipts – Clarifications

December 18, 2020 960 Views 0 comment Print

Stock Exchanges and Depositories are advised to: a) make necessary amendments to the relevant bye-laws, rules and regulations for the implementation of the above circular; and b) bring the provisions of this circular to the notice of the issuers, Domestic Custodians and also to disseminate the same on the website.

Faceless Assessment- CBIC Clarifications/guidelines

December 17, 2020 9573 Views 0 comment Print

With a view to achieve this objective, certain key areas, which require immediate attention, have been identified and the following instructions/ guidelines are being hereby issued so as to smoothen the process of Faceless Assessment by the field formations.

Use of unblocking functionality for generation of e-way bill

December 16, 2020 933 Views 0 comment Print

The Taxpayer whose e-way bill generation facility is blocked. may approach the concerned Nodal officer for unblocking the e-way bill generation by submitting online application in FORM GST EWB-05. The taxpayer in his application for restoration of facility to generate e-way bill may specify the following reasons for restoration:-

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