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Circulars

CBIC defers RFID – Electronic sealing of goods

December 31, 2018 771 Views 0 comment Print

Electronic Sealing-Deposit in and removal of goods of goods from Customs Bonded Warehouses-deferment of Circular 19/2018-Customs dated 18th June, 2018 Circular 54/2018-Customs F.No.484/03/2015- ILC(Vol-11) Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs ***** North Block, New Delhi Dated 31st December, 2018 To, The Principal Chief Commissioners/Chief Commissioners The […]

CBIC allows operations U/s. 65 to continue in public bonded warehouses up to 31.01.2019

December 28, 2018 1107 Views 0 comment Print

CBIC has decided to allow operations under section 65 to be continued in public bonded warehouses up to 31st January 2019, in respect of such operations and for such operators, who had been permitted such facility by jurisdictional authorities, as on the date of issue of Circular 38/2018-Customs dated 18.10.2018.

Segregated portfolio of debt & money market instruments allowed

December 28, 2018 2637 Views 0 comment Print

Securities and Exchange Board of India CIRCULAR SEBI/HO/IMD/DF2/CIR/P/2018/160 December 28, 2018 All Mutual Funds (MFs)/ Asset Management Companies (AMCs)/ Trustee Companies/ Boards of Trustees of Mutual Funds/ Sir / Madam, Subject: Creation of segregated portfolio in mutual fund schemes A. In order to ensure fair treatment to all investors in case of a credit event […]

Offer for Sale of Shares through Stock Exchange Mechanism revised

December 28, 2018 2076 Views 0 comment Print

Offer for Sale (OFS) of Shares through Stock Exchange Mechanism shall be available to companies with market capitalization of Rs.1000 crores and above, with the threshold of market capitalization computed as the average daily market capitalization for six months period prior to the month in which the OFS opens.

DGFT: Preparation of Minutes of Norms Committees (NCs)

December 27, 2018 1467 Views 0 comment Print

The ad-hoc norms fixation procedure by Norms Committee (NC) in 0/o DGFT has been reviewed in the meeting held under the chairmanship of DGFT on 30.11.2018 and the following has been decided for compliance:

Documents required for Change of Name in Beneficial Owner A/c with Depositories

December 27, 2018 846 Views 0 comment Print

It has been decided that in case of change of name of an individual in these states for reasons other than marriage, the same may be allowed for the individual in the BO account subject to the submission of following documents:

Explanatory Notes to Provisions of Finance Act, 2018

December 26, 2018 16017 Views 0 comment Print

CBDT releases Explanatory Notes to Provisions of Finance Act, 2018 vide Circular No. 8/2018 dated 26th of December, 2018 and explained changes made vide union budget 2018. Text of the Circular is as follows:-

CBDT extend period for furnishing report U/s. 286(4) by constituent entity

December 26, 2018 3288 Views 0 comment Print

Circular No. 9/2018 F No 370142/17/2018 -TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, Dated December 26, 2018 Order under section 119 of the Income-tax Act, 1961 Vide Notification in GSR 1217 (E) dated December 18, 2018 with effect from the date of its publication in […]

New FDI guidelines for e-commerce companies doing business in India

December 26, 2018 4818 Views 0 comment Print

Review of the policy on Foreign Direct Investment (FDI) in e-commerce- e-commerce marketplace entity will not mandate any seller to sell any product exclusively on its platform only.

7.75% Savings (Taxable) Bonds, 2018 – Operational Guidelines

December 24, 2018 4260 Views 1 comment Print

Procedure to be followed by Receiving Offices (RO) for handling 7.75% Savings (Taxable) Bonds, 2018: A. Procedure to be followed at Receiving Offices in respect of Bond Ledger Accounts Receipt of Applications for Bond Ledger Account 1. The role of the Receiving Offices extends to:

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