Instances of non-compliance with Indian Accounting Standards (Ind ASs) on Accounting Policies for measurement of Revenue from Contracts with Customers and Trade Receivables
For the purpose of valuation of imported goods and export goods under section 14 of the Customs Act, it is proposed to introduce a system of normally publishing the currency exchange rates on ICEGATE website every day, replacing the existing system of notifying exchange rates fortnightly (twice a month). In this regard, a draft Circular is attached.
Key changes in West Bengal’s latest policy on Document Identification Number (DIN) for GST communications by Directorate of Revenue Intelligence and Enforcement (DRI&E).
It has been decided that the provision with regard to freezing of folios, shall come into force with effect from September 30, 2023 instead of March 31, 2023.
Securities and Exchange Board of India Circular No. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2023/45 Dated: March 28, 2023 To All recognized Stock Exchanges All recognized Clearing Corporations All registered Depositories Dear Sir/Madam, Sub: Norms for Scheme of Arrangement by unlisted Stock Exchanges, Clearing Corporations and Depositories 1. In terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, listed entities (including listed […]
Consequences of PAN becoming inoperative: (i) refund of any amount of tax or part thereof, due under the provisions of the Act shall not be made to him; (ii) interest shall not be payable to him on such refund for the period, beginning with the date specified under sub-rule (4) of rule 114AAA and ending with the date on which it becomes operative;
DDP may grant FPI registration to the applicant on the basis of scanned copies of executed Common Application Form (‘CAF’), scanned copies of certified supporting documents and applicable fees submitted by the applicant.
SEBI extended deadline for trading and demat account holders to make nominations or opt-out of a nomination, from March 31 to September 30.
SEBI approved to amend SEBI Regulations & guidelines to dispense with the option of payment through Demand Draft and ensure that the payment of fees /penalties/recoveries to be made only through digital mode of payment.
SEBI permitted use of e- wallet for investment in Mutual Funds within the umbrella limit of INR 50,000 for investments by an investor through both e-wallet and/or cash, per Mutual Fund per financial year.