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Circulars

Comply with RBI requirements related to corporate debt securities: SEBI

March 12, 2019 489 Views 0 comment Print

It is clarified that all the circulars and directions issued hereinafter by RBI w.r.t investment conditions for FPI Investment in corporate debt securities shall be complied with as per the timelines specified in the RBI circular(s). No separate circular(s) shall be issued by SEBI. All the intermediaries may take steps required to operationalize the RBI Circular(s

Rebate under RoSCTL on export of garments and made-ups- Reg.

March 12, 2019 16857 Views 2 comments Print

Ministry of Textiles (MoT) has notified a new scheme called Scheme for Rebate of State and Central Taxes and Levies on export of garments and made-ups (hereinafter referred to as RoSCTL) vide notification No. 14/26/2016-IT (Vol II) dated 7.3.2019. The new scheme has come into effect from 7.3.2019.

Amended Disclosure of significant beneficial ownership in shareholding pattern

March 12, 2019 4299 Views 0 comment Print

Securities and Exchange Board of India CIRCULAR SEBI/HO/CFD/CMD1/CIR/P/2019/36 March 12, 2019 To All Listed entities All the Recognised stock exchanges All the Depositories Dear Sir/Madam, Sub: Modification of circular dated December 7, 2018 on ‘Disclosure of significant beneficial ownership in the shareholding pattern’ 1. Vide Circular No. SEBI/HO/CFD/CMD1/CIR/P/2018/0000000149 dated December 7, 2018, certain requirements were […]

MCA clarifies on issues in filing of e-form RD- 1

March 11, 2019 10740 Views 0 comment Print

MCA issues Clarification on filing e-form RD-1, whereby applications u/s 2(41) (change in a financial year) and u/s 14 of the Companies Act, 2013 (conversion of public limited company into private company), along with e-form RD-1 shall be processed by Regional Directors.

Discontinuation of physical copy of Advanced/EPCG Authorisation – Procurement from SEZs

March 11, 2019 3039 Views 0 comment Print

In case of procurement from SEZs, TRA facility shall be operated by RAs of DGFT as outlined below. The request for TRAs from EDI ports to SEZs shall be made to the concerned RA.

Tax Amnesty scheme in Maharashtra: Salient features & procedures

March 8, 2019 167070 Views 5 comments Print

Salient features of Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Ordinance, 2019 and its procedural aspects related to various Acts administered by the Maharashtra Goods and Services Tax Department.

GST on trading of PSLC by banks on e-Kuber portal of RBI

March 8, 2019 6621 Views 3 comments Print

Representations have been received requesting to clarify whether IGST or CGST/ SGST is payable for trading of PSLC by the banks on e-Kuber portal of RBI.

Physical Submission of Audit Report in Form 704 for F.Y. 2017-18

March 8, 2019 5457 Views 1 comment Print

In case of some of the dealers, form e 704 was uploaded on a date. and, acknowledgment of the same was received after 3 to 4 days. However, date of uploading mentioned on the acknowledgment received was later date on which the pdf acknowledgement of form 704 received by the dealer

Extension of Tenure of High Level Committee on CSR-2018

March 8, 2019 810 Views 0 comment Print

The High Level Committee on Corporate Social Responsibility, 2018 was constituted under the Chairmanship of Secretary, Ministry of Corporate Affairs vide OM of even no. dated 22.11.2018 to review the existing framework and formulate a coherent policy on Corporate Social Responsibility.

Exposure Draft on IRDA (Conflict of Interest) Guidelines, 2019

March 8, 2019 4002 Views 0 comment Print

Exposure Draft on Insurance Regulatory and Development Authority of India (Conflict of Interest) Guidelines, 2019- The provisions of the Companies Act, 2013 (CA 2013) shows that a company shall not enter into any contract or arrangement with a related party with respect to specific activities without the specific consent of the Board of Directors.

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