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Circulars

Orders per second limit and requirement of empanelment of system auditors for algorithmic trading in commodity derivatives

April 3, 2018 846 Views 0 comment Print

Based on representations from exchanges it has also been decided to do away with the requirement of empanelment of system auditors by the exchanges for system audit of algorithmic trading.

Test Check genuineness of Online EPF Claims for settlement: EPFO

April 2, 2018 8352 Views 0 comment Print

(i) Out of the list of online claims being provided, atleast 1% of online cases must be test checked for genuineness. (ii) The member/employer may also be contacted, if felt necessary based on the above observations, to confirm genuineness of the claim.

New Return filing process on MAHAGST portal under MVAT and CST Act

March 28, 2018 181740 Views 15 comments Print

Above referred Trade Circulars were issued by Maharashtra Sales Tax Department explaining the new automation process of filing of returns under Maharashtra Value Added Tax Act, 2002 and Central Sales Tax Act, 1956. Return filing in new automation processes and changes in procedures were explained in Trade Circular 22T of 2016 Dt. 26th August 2016

Special clearing across the country on March 31, 2018: RBI

March 28, 2018 897 Views 0 comment Print

With a view to facilitate accounting of all the Government transactions for the current financial year (2017-18) by March 31, 2018, it has been decided to conduct special clearing at all clearing houses across the country on March 31, 2018

SEBI circular on ISINs & Debt Security Listing Regulations

March 28, 2018 5637 Views 0 comment Print

Clarifications with respect to circular on Specifications related to International Securities Identification Number (ISINs) for debt securities issued under the SEBI (Issue and Listing of Debt Securities) Regulations, 2008

MCA extends Condonation of Delay Scheme 2018 (CODS 2018) to 30.04.2018

March 28, 2018 31026 Views 2 comments Print

MCA has extended the much desirous Condonation of Delay Scheme 2018 (CODS 2018) till 30.04.2018 vide General Circular No. 02/2018 dated 28th March 2018.. This was much needed as many of the companies were not able to opt for the scheme as the formalities for new director addition (in case of other directors being disqualified), […]

Last date to file AOC-4 XBRL E-Forms further extended to 30.04.2018

March 28, 2018 2712 Views 0 comment Print

It has been decided to extend the last date for filing of AOC-4 XBRL for all eligible companies required to prepare or voluntarily prepare their financial statements in accordance with Companies (Indian Accounting Standards) Rules, 2015 for the financial year 2016-17, without additional fee till 30th April, 2018.

Bank to remain open till 8 PM on 31.03.2018 for tax payments

March 27, 2018 14004 Views 0 comment Print

All agency banks should keep the counters of their designated branches conducting government banking open for government transactions up to 8.00 p.m. on March 31, 2018. All electronic transactions, including RTGS and NEFT, will continue till midnight on March 31, 2018.

List of 24 insurance schemes exempt from GST

March 27, 2018 18594 Views 0 comment Print

Services of general insurance business provided under following schemes is exempted under GST 1. Janashree Bima Yojana 2. Aam Aadmi Bima Yojana 3. Life micro-insurance product as approved by the Insurance Regulatory and Development Authority, having maximum amount of cover of two lakh rupees

Investor Grievance Redress Mechanism – New Policy Measures

March 26, 2018 3066 Views 0 comment Print

SEBI encourages investors to lodge complaints through electronic mode in SCORES. However, complaints received from investors in physical form are also digitized by SEBI and uploaded in SCORES. Thereafter, follow-up actions of the complaint are done in electronic form only i.e. through SCORES.

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