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Guidelines for public issue of units of REITs – Amendments

January 15, 2019 954 Views 0 comment Print

Provided that in case of strategic investor, the aforesaid application value shall be subject to Regulation 2(1)(ztb) of the REIT Regulations.

Reg. Exemption from payment of late fee for delayed profession tax payment in Maharashtra

January 14, 2019 4059 Views 0 comment Print

If it is found that the employer has not fulfilled the conditions or has submitted false information to avail the benefit of exemption then, his exemption of late fee shall be revoked and action will be taken against him as per the provisions of law.

6 month extension in Export Obligation Period to advance authorizations involving import of Raw cashew

January 14, 2019 2343 Views 0 comment Print

Additional extension of six months in the Export Obligation Period (EOP) (beyond permissible extension period in Pam 4.42 of the HBP) to advance authorizations issued upto 30.06.2016 involving import of Raw cashew (SION E 8) –relaxation of Policy/ Procedure.

SEBI guide to implement Uniform membership structure across segments

January 11, 2019 1191 Views 0 comment Print

Securities and Exchange Board of India CIRCULAR SEBI/HO/MIRSD/DOP/CIR/P/2019/14 January 11, 2019 To, 1. All Recognized Stock Exchanges 2. All Clearing Corporations Dear Sir / Madam, Sub: Uniform membership structure across segments 1. In cash segment, all the Stock Brokers are trading cum self-clearing members whereas in derivatives segment, membership structure is that of Trading Member […]

SEBI rationalizes Committees at Market Infrastructure Institutions

January 10, 2019 1437 Views 0 comment Print

Securities and Exchange Board of India CIRCULAR SEBI/HO/MRD/DOP2DSA2/CIR/P/2019/13 Date: January 10, 2019 To All Stock Exchanges, Clearing Corporations and Depositories. Sir/ Madam, Subject: Committees at Market Infrastructure Institutions (MIIs) 1. The erstwhile Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012 [SECC Regulations, 2012] and SEBI (Depositories and Participants) Regulations, 1996 [SEBI (D&P) Regulations, […]

Guideline to implement Cyber Security & Resilience framework for MFs / AMCs

January 10, 2019 2904 Views 0 comment Print

Cyber security framework includes measures, tools and processes that are intended to prevent cyber-attacks and improve cyber resilience. Cyber Resilience is an organization’s ability to prepare and respond to a cyber-attack and to continue operation during, and recover from, a cyber-attack.

Portfolio Concentration Norms for ETFs and Index Funds

January 10, 2019 795 Views 0 comment Print

1. In order to address the risk related to portfolio concentration in ETFs and Index Funds, it has been decided to adopt the following norms: a) The index shall have a minimum of 10 stocks as its constituents. b) For a sectoral/ thematic Index, no single stock shall have more than 35% weight in the index. For other than sectoral/ thematic indices, no single stock shall have more than 25% weight in the index.

Review of Budgetary support for states in lieu of area based exemptions

January 10, 2019 1959 Views 0 comment Print

Circular No. 1068/1/2019-CX Dated: 10th January, 2019 1. Provision of Appeal The support under the scheme is in the nature of grant and not refund of duty under taxation law. As such there is no requirement for any appellate forum as the decision of the sanctioning authority is final 2. Review of progress of implementation […]

Guidelines to RAs for SOP for EODC monitoring

January 9, 2019 2388 Views 0 comment Print

Guidelines to RAs for following Standard Operating Procedure (SOP) for EODC monitoring of both Advance as well as EPCG authorizations using software in website http://eodc.online

Customs Post Clearance Audit- reg

January 8, 2019 11442 Views 0 comment Print

A new audit approach is envisaged in view of the experience gained over the past years in implementation of Customs Post Clearance Audit, as well as the exposure to international best practices.

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