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Verify documents attested by CAs on UDIN Portal: IBA

March 13, 2019 14373 Views 0 comment Print

Unique Document Identification Number is an 18 Digit Number randomly generated through the UDIN portal on a predefined algorithm. The portal is available at https://udin.icai.org/ with exhaustive FAQs.

SEBI (Delisting of Equity Shares) Regulations, 2015: Timelines for Counter Offer Process”

March 13, 2019 1494 Views 0 comment Print

Securities and Exchange Board of India CIRCULAR SEBI/HO/CFD/DCR2/CIR/P/2019/35 March 13, 2019 To All Listed Entities All Recognized Stock Exchanges All Registered Merchant Bankers Dear Sir / Madam, Sub: SEBI (Delisting of Equity Shares) Regulations, 2015 – “Timelines for Counter Offer Process” 1. SEBI (Delisting of Equity Shares) Regulations, 2015 has been amended to allow promoter(s) […]

Comply with RBI requirements related to corporate debt securities: SEBI

March 12, 2019 636 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 17460 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 4749 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 11358 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 3339 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 168243 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 7227 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 5889 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

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