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Circulars

Compliance with IBBI (Insolvency Professionals) (Amendment) Regulations, 2018

April 5, 2018 1308 Views 0 comment Print

In terms of the sub-regulation (2) of regulation 13 of the Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016, the recognition granted to an IPE is subject to the condition that the IPE shall at all times continue to satisfy the requirements under regulation 12.

DGFT removes packaging restriction on export of Roasted Gram

April 4, 2018 1062 Views 0 comment Print

As the export of all varieties of pulses, including organic pulseare free for export, vide DGFT Notification No. 38 dated 22.11.2017, the packaging restriction imposed vide DGFT Notification No. 40 dated 15.02.2016, on export of roasted gram would no longer be applicable.

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

April 3, 2018 1041 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 9123 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 184659 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 1041 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 6120 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 31341 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 2850 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 14133 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.

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