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Circulars

IRDAI Directs Life Insurers to Comply with Surrogacy and ART Acts for Insurance Coverage

June 26, 2023 687 Views 0 comment Print

IRDAI has issued a circular directing all life insurers to comply with Surrogacy Act, 2021, and ART Act, 2021. Circular emphasizes the need for suitable insurance products that provide coverage for medical expenses and specified loss or damage incurred during the processes of surrogacy and oocyte retrieval.

Investor Service Centres of Stock Exchanges – Provisions & Upgradation

June 26, 2023 729 Views 0 comment Print

Read the latest circular from SEBI regarding the provisions and upgradation of Investor Service Centres (ISCs) of stock exchanges. The circular outlines the basic minimum facilities to be provided, training requirements for officials, and the phased implementation of the circular.

SEBI Circular: Trading Supported by Blocked Amount in Secondary Market

June 23, 2023 1374 Views 0 comment Print

SEBI has introduced a supplementary process for trading in the secondary market, allowing blocked funds in investor’s bank accounts to be used instead of transferring them upfront to the trading member. This circular outlines the framework for trading supported by blocked amounts and provides guidelines for implementation and settlement processes.

Procedure for Amnesty Scheme Application for Default in Export Obligation – Manual Mode

June 23, 2023 1842 Views 0 comment Print

DGFT issued a policy circular outlining the procedure for applying for the Amnesty scheme for a one-time settlement of default in export obligation by Advance and EPCG authorization holders. In case of difficulties faced with the online application, exporters can now utilize a standalone website to submit their applications in manual mode. This circular provides detailed instructions for filing the application and processing it through the Regional Authorities.

Guidelines: Fair & Equitable Co-location Services by Stock Exchanges in IFSC

June 23, 2023 498 Views 0 comment Print

Read the IFSCA circular providing guidelines for fair and equitable co-location services offered by Stock Exchanges in the International Financial Services Centre (IFSC). Learn about the requirements, connectivity options, disclosure of information, integrity, security, latency measurement, and introduction of managed co-location services.

Procedure for Reimbursement of SGST on Cinematographic Shows of Cinema Kanakamarga 

June 22, 2023 585 Views 0 comment Print

Learn about procedure for claiming reimbursement of State GST (SGST) on movie Kanakamarga in Karnataka. This circular provides detailed instructions and application formats for exhibitors to apply for reimbursement.

Kerala SGST Circular: Maintenance of Call Book for Adjudication Process

June 22, 2023 783 Views 0 comment Print

Read Circular No. 13/2023 issued by the Commissioner of State Tax, Kerala, providing instructions for the maintenance of a Call Book in the Kerala State Goods & Services Tax Department. Learn about the purpose of the Call Book, cases to be included, transfer procedures, periodic review, and the attached format.

Procedure for Audit Monitoring Committee (AMC) under KSGST Act, 2017

June 22, 2023 801 Views 0 comment Print

The Circular No. 12/2023 by the Commissioner of State Tax, Kerala, provides guidelines for the Audit Monitoring Committee (AMC) in completing audits under the KSGST Act, 2017. It outlines the procedures to be followed, including the review of Draft Audit Reports (DAR) and the decision-making process during monthly meetings. SGST/2726/2023/-PLC11 GST Office of the Commissioner […]

SEBI Circular: Standardized Trading Preferences for Clients

June 21, 2023 2232 Views 0 comment Print

Read the SEBI circular regarding trading preferences by clients, highlighting the standardized format for accessing multiple stock exchanges for the same segment. Stock brokers are mandated to register new clients on all active stock exchanges based on their trading preferences.

NSE Seek Comments on XBRL Implementation for CIRP

June 21, 2023 531 Views 0 comment Print

National Stock Exchange of India is seeking comments and feedback on the proposal to migrate from PDF to XBRL format for submitting corporate announcements related to the Corporate Insolvency Resolution Process (CIRP). Listed companies are encouraged to provide their suggestions and observations on the attached format.

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