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Notifications/Circulars

Compliance functions in banks and Role of CCO

September 11, 2020 1977 Views 0 comment Print

The following guidelines are meant to bring uniformity in approach followed by banks, as also to align the supervisory expectations on CCOs with best practices.

All India roll-out of Faceless Assessment by CBIC- reg

September 11, 2020 1308 Views 0 comment Print

CBIC Circular No. 40/2020 dated 04.09.2020 has been issued for All India roll-out of faceless assessment at all ports of import for all imported goods for which implementation phases are described in Annexure I with said Circular

CBIC promotes 38 Officers to the grade of Principal Commissioner Grade

September 11, 2020 7428 Views 0 comment Print

The President of India is pleased to empanel and promote the following officers to the grade of Principal Commissioner of Customs and Central Excise in the Indian Revenue Services (Customs & Central Excise), in Level 15 of the Pay Matrix (Rs. 182200 – 224100/-), against the panel years 2019 (Supplementary) and 2020 (Regular) on in situ basis w.e.f the date of assumption of the charge of the post and until further orders:-

Assignment cannot be accepted as Voluntary Liquidator without holding a valid AFA

September 11, 2020 516 Views 0 comment Print

In the matter of Mr. Ravi Sharma, Insolvency Professional (IP) under Regulation 11 of the Insolvency and Bankruptcy Board of India (Insolvency Professional) Regulations, 2016 In the present matter, Mr. Sharma accepted the assignment of voluntary liquidation in matter of Indian Transelectric Company Limited on 2nd March 2020 and A.B.S. Enterprises Private Limited on 5th […]

Indian Boiler (Second Amendment) Regulations, 2020

September 11, 2020 9840 Views 0 comment Print

(1) These regulations may be called the Indian Boiler (Second Amendment) Regulations, 2020. (2) They shall come into force on the date of their publication in the Official Gazette.

Review of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

September 11, 2020 1461 Views 0 comment Print

Securities and Exchange Board of India Consultation Paper dated 11th September 2020 on review of SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015 for Public Comments Review of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 A. Objective To solicit public comments / views on the proposed amendments to the SEBI (Listing Obligations and Disclosure Requirements) […]

Extend Faceless Assessment of imports made in Mumbai Customs

September 10, 2020 819 Views 1 comment Print

Extending Faceless Assessment of imports made in Mumbai Customs Zone II beyond Group 2A in phases i.e. on 15.09.2020 for Group 5, 5A, 5B, on 01.10.2020 for Group 1, 2G, 2K, 3, 4, 6 and on 31.10.2020 for Groups 1A, 2, 2B, 2C, 2D, 2E, 2F, 2H, 2I and 2J as part of further roll-out of Faceless Assessment at All India level at ports of import for imported goods – regarding.

IBBI (Annual Report) Amendment Rules, 2020

September 10, 2020 615 Views 0 comment Print

Insolvency and Bankruptcy Board of India (Annual Report) Amendment Rules, 2020- Dates for submission of the annual report referred to in rule 3 of annual accounts for audit leading to the issue of Audit Certificate by the Comptroller and Auditor General of India and for submission to the Ministry of Corporate Affairs for timely submission […]

Section 10(46) exemption to District Mineral Foundation Trust

September 10, 2020 2763 Views 0 comment Print

Notification No. 73/2020 Central Government notifies ‘District Mineral Foundation Trust’ constituted by Government in exercise of powers conferred under section 9(B) of the Mines and Minerals (Development and Regulation) Amendment Act, 2015 (10 of 2015) as a ‘class of Authority’, in respect of the specified income under section 10(46) of Income Tax Act, 1961. MINISTRY […]

Extension of Last Date of Filing Cost Audit Report for FY 2019-20

September 10, 2020 8700 Views 0 comment Print

It has been decided that if cost audit report for the financial year 2019-20 by the cost auditor to the Board of Directors of the companies is submitted by 30th November, 2020

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