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Notifications/Circulars

SEBI extends timelines for issuers of Municipal Debt Securities

July 7, 2020 444 Views 0 comment Print

It has been decided to partially modify the clause 7 of the circular (dealing with investor grievance report, financial results and Accounts maintained by issuers under ILDM Regulations) and further extend the timelines for submission to July 31, 2020.

IRDA relaxes conditions for issue of Arogya Sanjeevani Policy

July 7, 2020 552 Views 0 comment Print

Arogya Sanjeevani Policy- Insurers are hereby allowed to offer minimum sum insured less than Rs.1,00,000/- and maximum sum insured greater than Rs.5,00,000/- subject to the underwriting policy of the Insurers.

Bicycles- Retro Reflective Devices (Quality Control) Order, 2020

July 7, 2020 1530 Views 0 comment Print

(1) This Order may be called the Bicycles- Retro Reflective Devices (Quality Control) Order, 2020. (2) This order shall come into force with effect from 01.01. 2021.

Govt appoints Shri Injeti Srinivas as Chairman of IFSCA

July 7, 2020 852 Views 0 comment Print

Central Government hereby appoints Shri Injeti Srinivas, IAS (Retd.) (OR: 1983) as the Chairman of International Financial Services Centres Authority (IFSCA) for a period of three years from the date of assuming charge of the post or until further orders, whichever is earlier.

Infrastructure sub-sectors business – section 10(23FE) exemption

July 6, 2020 4755 Views 0 comment Print

CBDT specifies business, for the purposes of section 10(23FE)(iii)(b), to be the business which is engaged in the infrastructure sub-sectors mentioned in Updated Harmonised Master List of Infrastructure Sub-sectors vide Notification No. 44/2020- Income Tax dated 6th July, 2020. Section 10 (23FE) provides for exemption to specified income of certain entities including notified SWF & […]

Extension of last date of filing of Form NFRA-2 to 270 days

July 6, 2020 1671 Views 0 comment Print

It has been decided that the time limit for filing of Form NFRA­-2, for the reporting period FY 2018-19, will be 270 days from the date of deployment of this form on the website of National Financial Reporting Authority (NFRA).

RBI extends timeline for finalization of audited accounts by NBFC

July 6, 2020 4131 Views 4 comments Print

RBI decided that every applicable NBFC shall finalise its balance sheet within a period of 3 months from the date to which it pertains or any date as notified by SEBI for submission of financial results by listed entities.

Remove Vulnerability of CESTAT Website: Govt

July 6, 2020 951 Views 0 comment Print

In case of any likely delay the CESTAT websites should be temporarily deactivated so that it does not become a target for hackers/cyber attack, causing public concern.

Turant Suvidha Kendra & Other Initiatives for Contactless Customs

July 6, 2020 8661 Views 0 comment Print

CBIC decided to take following Turant Suvidha Kendra & Other Initiatives for Contactless Customs which includes  Turant Suvidha Kendra in All Customs Formations, Registration of Authorised Dealer Code, Bank Accounts through ICEGATE, Automated debit of bond after Assessment, Simplified Registration of Importers/Exporters in ICEGATE. Circular No. 32/2020-Customs dated 6th of July, 2020. CBIC extends benefits […]

Custom duty on imports of Phthalic Anhydride from Korea increased

July 6, 2020 1173 Views 0 comment Print

Notification No. 29/2020-Customs Dated- 6th July, 2020.- Seeks to further amend notification no. 152/2009 dated 31.12.2009, to increase the rate of duty of customs on imports of Phthalic Anhydride originating in Korea RP and imported under the India-Korea Comprehensive Economic Partnership Agreement, on recommendation of preliminary findings of Directorate General of Trade Remedies under India-Korea […]

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