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Circulars

Revised procedure for clearance of imported metal scrap

October 26, 2016 2350 Views 0 comment Print

The consignments of un-shredded, compressed or loose scrap shall be cleared only through those EDI ports where Risk Management Module is operational.

Reg. Freezing of Promoter & Promoter group Demat accounts

October 26, 2016 2602 Views 0 comment Print

Freezing of Promoter and Promoter group Demat accounts for Non-­compliance with certain provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Tax on land owners compensation under RFCTLARR Act 2013

October 25, 2016 49579 Views 10 comments Print

Taxability of the compensation received by the land owners for the land acquired under the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (RFCTLAAR Act’)-reg.-

Amendment in FDI Policy on Other Financial Services

October 25, 2016 1195 Views 0 comment Print

Foreign investment in ‘Other Financial Services’ activities shall be subject to conditionalities, including minimum capitalization norms, as specified by the concerned Regulator/Government Agency.

SEBI Clarifies on Disclosures in case of listed insurance companies

October 24, 2016 703 Views 0 comment Print

For the period ending on or after March 31, 2017, the formats for Unaudited/Audited quarterly financial results to be submitted by the Listed Entities, with the stock exchanges, shall be as prescribed in Schedule III to the Companies Act, 2013.

Rebate of State Levies on Export of Garments-Reg.

October 20, 2016 661 Views 0 comment Print

Kind attention is invited to Circular No. 43/2016-Customs dated 31.8.2016 on the above cited subject. The field formations are informed for necessary action that with reference to Para 11 of the said Circular, the address of the Textile Commissioner for communication is Nishta Bhawan, New CGO Building, 48, New Marine Lines

Information in offer document/placement memorandum for InvITs

October 20, 2016 499 Views 0 comment Print

Regulation 15(3), read with Schedule III, and Regulation 15(4) of the SEBI (Infrastructure Investment Trusts) Regulations, 2014 prescribe disclosures to be made in an offer document and placement memorandum respectively. The said disclosures, inter-alia, include disclosures for financial information of the InvIT as well as the Investment Manager and the Sponsor.

Review of sectoral caps & simplification of FDI Policy

October 20, 2016 1138 Views 0 comment Print

An entity engaged in single brand retail trading operating through brick and mortar stores, is permitted to undertake retail trading through e-commerce.

Investment by Foreign Venture Capital Investor under SEBI Regulations

October 20, 2016 1189 Views 0 comment Print

Investment in India by Foreign Venture Capital Investors (FVCI), registered with SEBI, is governed by the provisions of Schedule 6 of the Principal Regulations.

Rupee Drawing Arrangement – Trade related remittance limit

October 20, 2016 829 Views 0 comment Print

On a review and in consultation with Government of India, it has been decided that the permitted trade transaction, under the Rupee Drawing Arrangements (RDAs) shall not exceed fifteen lakh rupees per transaction.

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