2 Notifications/Circulars

Notifications/Circulars

Nutraceutical products included in jurisdiction of SHEFEXIL: DGFT

Public Notice No. 55/2015-2020-DGFT 02/02/2023

Nutraceutical products have been included in the jurisdiction of the Shellac & Forest Products Export Promotion Council (SHEFEXIL) in Appendix 2T of FTP 2015­2020. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan New Delhi Public Notice No. 55/2015-2020...

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AIFs to Undertake 10% of Secondary Market Trades in Corporate Bonds By Placing Quotes on RFQ Platform

Circulars No. SEBI/HO/AFD/PoD/P/CIR/2023/017   01/02/2023

AIFs shall undertake at least 10% of their total secondary market trades in Corporate Bonds by value in a month by placing/seeking quotes on the RFQ Platform....

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Govt amends Central Interest Subsidy Scheme, 1997

F. No. P-44020/3/2021-DBA-II 31/01/2023

For existing units undergoing substantial expansion: the quantum of interest subsidy eligible in the case of an existing industrial unit which has gone for substantial expansion will be 3% of the increase in working capital loan over and above the average of the working capital loan availed by the industrial unit during two financial year...

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Govt amends Central Interest Subsidy Scheme, 2007

Notification No. No. P-44020/3/2021-DBA-II. 31/01/2023

For new units: all eligible industrial units located anywhere in the North East Region shall be given an interest subsidy to the extent of 3 % on the working capital advanced to them by the Scheduled Banks or Central State financial institutions for a maximum period of 10(ten) years from the date of commencement of commercial production....

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Aadhar Authentication services under section 11A of PMLA Act 2002

Notification No. S.O. 446(E) 30/01/2023

Govt permits 39 entities to perform authentication under Aadhaar Act for section 11A of Prevention of Money-laundering Act 2002- PMLA Act 2002...

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Govt amends Credit Guarantee Fund for Micro Units (CGFMU) Scheme

Notification No. S.O. 457(E). 31/01/2023

Central Government hereby makes the following amendments to the Scheme known as the Credit Guarantee Fund for Micro Units (CGFMU)...

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DRTs & DRATs – e-filing of pleadings by applicants is mandatory

Notification No. G.S.R. 79(E) 31/01/2023

Debts Recovery Tribunals and Debts Recovery Appellate Tribunals Electronic Filing (Amendment) Rules, 2023 – The e-filing of pleadings with Debts Recovery Tribunals (DRTs) and Debts Recovery Appellate Tribunals (DRATs) by applicants is mandatory and any other form of filing shall not be taken on record. MINISTRY OF FINANCE (Departmen...

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EOD margin collection requirement in derivatives segments to be calculated on fixed BOD margin parameters

Circular No. SEBI/HO/MRD/MRD-PoD-2/P/CIR/2023/016 01/02/2023

SEBI decided that EOD margin collection requirement from clients, in derivatives segments (including commodity derivatives), shall also be calculated based on fixed BOD margin parameters....

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Extension of CMA Examination Applicability for two more terms under Syllabus 2016

Ref. No.: G/128/1/2023 31/01/2023

Cost Accountants of India decided to extend examination applicability under Syllabus 2016 for another two terms for convenience of Students....

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Non-filing of Board resolution for appointment of Internal Auditors- Rs. 3.96 Lakh Penalty Imposed

No. ROC-GWADJ-Order/Section 454/ Hindustan Oil/2022-23/7165 7071 31/01/2023

Section 179(3)(k) of Companies Act, 2013 read with Sub-Rule 5 of Rule 8 of Companies (Meetings of Board and its Power) Rules, 2014 mandated to file Board resolution for appointment of Internal Auditors in Company....

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