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Guidelines

Advisory for E-scrip to avail Export Incentive Schemes (RoSCTL, RoDTEP)

March 21, 2022 15375 Views 1 comment Print

I. To avail the scheme exporter shall make a claim for RoSCTL/RoDTEP in the shipping bill by making a declaration. II. Once EGM is filed, claim will be processed by Customs. III. Once processed, a scroll with all individual Shipping Bills for admissible amount would be generated and made available in the users account at ICEGATE

Yes Bank employees covered as DPs & their immediate relatives may invest in units of AIF

March 16, 2022 1098 Views 0 comment Print

Regulation 9(1) of PIT Regulations states that the board of directors of every listed company and of intermediary shall ensure that the chief executive officer or managing director shall formulate a code of conduct to regulate, monitor and report trading by its DPs and immediate relatives of DPs towards achieving compliance with PIT Regulations, adopting […]

Guidelines for Scheme for Strengthening of Pharmaceuticals Industry (SPI)

March 11, 2022 1554 Views 1 comment Print

The Pharmaceuticals industry a key sector for achieving wellness for all Indians. It is also an important sector in terms of providing employment to trained personnel. Atmanirbhar Bharat envisages self-reliance in terms of healthcare products, among other things, for people of India.

Investment Manager of SEBI registered AIF can provide investment management services to offshore fund

March 7, 2022 1662 Views 0 comment Print

Q1. Whether the Applicant which is already acting as the Investment Manager of the SEBI registered Alternative Investment Fund can provide investment management services to the offshore fund and Whether the Applicant is required to obtain registration as a Portfolio Manager under the SEBI (Portfolio Managers) Regulations, 2020, in order to provide investment management services […]

Advisory for IGCR Admin officers to access IGCR Module at ICEGATE

March 1, 2022 3981 Views 1 comment Print

Advisory for IGCR Admin officers to access IGCR (Import of Goods at Concessional Rate of duty) module at ICEGATE- IGCR module is developed by ICEGATE CBIC to provide a digital service to importers to avail benefits under the IGCR Rules (Import of Goods at Concessional Rate of Duty)

Advisory for Importers to avail benefit of IGCR Rules

March 1, 2022 7869 Views 0 comment Print

Advisory for Importers to avail benefit of IGCR Rules (Import of Goods at Concessional Rate of duty) – IGCR module is developed by ICEGATE, CBIC to provide a digital service to importers to avail benefits under the IGCR Rules (Import of Goods at Concessional Rate of Duty).

Referral activity without personal financial liability allowed under Rule 8(3)(f) of SCRR, 1957

February 14, 2022 3225 Views 0 comment Print

In absence of any personal financial liability, the said referral activity would not attract the prohibition prescribed under Rule 8(3)(f) of the SCRR, 1957 and there is no bar for HSL, acting as a broker/distributor, to tie up with third party RIAs to offer advice to its distribution clients.

IA cannot receive fees for implementation services for products, where direct schemes/ products not available

February 12, 2022 672 Views 0 comment Print

As per Regulation 22A (2) of the IA Regulations, an IA can only provide implementation services in direct schemes/ products in the securities market. Further, in terms of the proviso to Regulation 22A (1) of the IA Regulations, an IA shall ensure that no consideration including any commission or referral fees, whether embedded or indirect […]

Clarification on FAQ issued by U.S. IRS in respect of FATCA

January 31, 2022 984 Views 0 comment Print

Clarifications have been requested by certain Reporting Financial Institutions (RFIs) in India in respect of the applicability of FAQ 6 (reporting) and FAQ 3 (reporting) issued by U.S. IRS in respect of U.S. reportable accounts under the FATCA Intergovernmental Agreement between the United States of America and other Model 1 jurisdictions.

MHA suggestions for Treatment & Care of Transgender Persons in Prisons

January 10, 2022 570 Views 0 comment Print

No. 17013/26/2021-PR Government of India Ministry of Home Affairs *** Women Safety Division, Hall No. 2, Major Dhyan Chand National Stadium, India Gate, New Delhi — 110001 January 10, 2022 To 1. The Chief Secretaries/Administrators of all States and UTs 2. Director General/IG (Prisons) of all States and UTs Sub: Treatment and Care of Transgender […]

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