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Circulars

Kerala SGST Circular: Maintenance of Call Book for Adjudication Process

June 22, 2023 1056 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 1044 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 2337 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 570 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.

Guidelines for Direct Market Access (DMA) and Sponsored Access (SA) in IFSC

June 21, 2023 450 Views 0 comment Print

Read the IFSCA circular outlining guidelines for Direct Market Access (DMA) and Sponsored Access (SA) facilities in the International Financial Services Centre (IFSC). Learn about the requirements, responsibilities of Broker-Dealers, due diligence of clients, sub-delegation, operational procedures, and risk management measures.

MCA Extends Due Date for Form DPT-3 Filing by 1 Month

June 21, 2023 33429 Views 0 comment Print

Ministry of Corporate Affairs (MCA) has announced an extension in the due date for filing Form DPT-3, allowing companies to file without paying additional fees until July 31, 2023. Get the details and implications of this decision in the official circular, General Circular no. 06/2023.

SEBI’s New Regulations on AIF Liquidation Scheme & In-specie Distribution of Investments

June 21, 2023 3582 Views 0 comment Print

On June 21, 2023, the Securities and Exchange Board of India (SEBI) issued a new circular laying out the modalities for launching Liquidation Scheme and distributing investments of Alternative Investment Funds (AIFs) in-specie. The circular comes in response to amendments made to the AIF Regulations, which provide AIFs with greater flexibility to deal with their […]

SEBI’s New Standardized Valuation Rules for Alternative Investment Funds

June 21, 2023 4023 Views 0 comment Print

SEBI has released a circular outlining a standardized approach to valuation of investment portfolio of Alternative Investment Funds (AIFs). Issued on June 21, 2023

New SEBI Regulations for Dematerialization of AIFs – Compliance Guidelines & Deadlines

June 21, 2023 1989 Views 0 comment Print

Understand the implications of the new SEBI regulations that mandate the dematerialization of units of Alternative Investment Funds (AIFs). Explore the deadlines, compliance requirements, and the regulatory backdrop of this transformative move.

IRDAI Expands ‘Use and File’ Procedure for Life Insurance Products

June 20, 2023 1047 Views 0 comment Print

IRDAI has issued a circular, expanding the scope of Use and File procedure for life insurance products. This article provides an analysis of the modifications made in the circular and their implications for the insurance industry.

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