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Circulars

IRDAI: Investments in National Bank for Financing Infrastructure & Development

June 5, 2023 474 Views 0 comment Print

NaBFID is regulated by RBI as an All India Financial Institution and its role in developing bonds and derivatives markets for infrastructure financing.

Electronic Repairs Services Outsourcing Pilot Initiated at ACC Bengaluru

June 3, 2023 5058 Views 0 comment Print

CBIC Circular No. 14/2023-Customs dated 3rd of June, 2023 introduces the Electronic Repairs Services Outsourcing (ERSO) initiative. ERSO aims to extend the lifespan of defective or damaged electronic goods by allowing designated repair service entities in India to import and repair them before re-exporting. The circular outlines the regulatory environment for ERSO, including the General […]

Transactions in Corporate Bonds through RFQ platform by Stock Brokers

June 2, 2023 1035 Views 0 comment Print

SEBI has issued a circular to all stock brokers through recognized stock exchanges, mandating increased trading of corporate bonds through the Request for Quote (RFQ) platform. The circular sets targets for stock brokers to undertake a certain percentage of their total secondary market trades in corporate bonds using the RFQ platform, with the aim of […]

EPFO Urges Timely Scrutiny of Joint Option Validation Applications

June 2, 2023 1437 Views 0 comment Print

EPFO issued a circular emphasizing the adherence to timelines for scrutinizing applications for validation of joint options.

EPFO: Computation of Pension Method – Application for Validation of Option

June 1, 2023 1920 Views 0 comment Print

Latest circular from EPFO regarding computation of pension method, application process for validation of options and method of calculating pension based on average monthly pay.

CBDT Revises Monetary Limit Exceptions for Appeals under Section 158AB

May 31, 2023 6732 Views 0 comment Print

CBDT issued Circular No. 8/2023, dated 31st May 2023, detailing the revision of exceptions to monetary limits for filing appeals deferred under the provisions of Section 158AB. The Circular provides guidelines on monetary limits and exceptions applicable to cases falling under Section 158AB of the Income Tax Act, 1961. This includes clarifications on deferral of […]

Condonation of Delay in Filing Refund Claim & Claim of Carry Forward of Losses

May 31, 2023 16203 Views 0 comment Print

CBDT revises monetary limits for condonation applications for claiming refund or carry forward of losses and set-off for application filed on or after June 01, 2023 vide Circular No. 07/2023 on 31st May 2023.

Re-organisation of National Assessment Centres & Faceless Assessment Groups

May 31, 2023 2391 Views 0 comment Print

F. No.450/26/2019-Cus. IV(Pt) Government of India Ministry of Finance Department of Revenue (Central Board of Indirect Taxes & Customs) Room No.227B, North Block, New Delhi ***** Circular No.13/2023-Customs, Dated: 31st of May, 2023 To, All Principal Chief Commissioners/ Chief Commissioners of Customs/ Customs (Preventive) / Customs and Central Tax All Principal Commissioners/ Commissioners of Customs/ […]

Reporting Norms for Fund Management Entities under IFSCA

May 31, 2023 618 Views 0 comment Print

International Financial Services Centres Authority (Authority) hereby specifies the reporting norms for Fund Management Entities (FMEs) in IFSCs

SEBI Issues Comprehensive Guidelines for Investor Protection Fund and Investor Services Fund

May 30, 2023 2595 Views 0 comment Print

SEBI has issued comprehensive guidelines for the Investor Protection Fund (IPF) and Investor Services Fund (ISF) at Stock Exchanges and Depositories. The guidelines aim to enhance investor protection and improve the functioning of IPF and ISF. The guidelines cover various aspects such as the constitution and management of IPF, contribution to IPF by stock exchanges […]

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