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Notifications/Circulars

Collection of Stamp Duty on Issue, Transfer & Sale of Units of AIFs

June 30, 2020 2715 Views 0 comment Print

As regards transactions (issue, transfer and sale of units of AIFs in demat mode) through recognized Stock Exchange or Depository as defined under SCRA, 1956 and Depositories Act, 1996 respectively, the respective Stock Exchange/authorized Clearing Corporation or a Depository is already empowered to collect stamp duty as per the amended Indian Stamp Act, 1899 and the Rules made thereunder.

Tariff Notification No. 54/2020-Customs (N.T.), Dated: 30.06.2020

June 30, 2020 1497 Views 0 comment Print

Tariff Notification No. 54/2020-Customs (N.T.), Dated: 30.06.2020 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver. Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs)  Notification No. 54/2020-CUSTOMS (N.T.) New Delhi, 30th June, 2020 9 Ashadha, 1942 (SAKA) […]

Aadhaar (Enrolment And Update) (Eighth Amendment) Regulations, 2020

June 30, 2020 6033 Views 0 comment Print

resident who is an Aadhaar number holder may, upon attaining the age of eighteen years, make an application for cancellation of his/her Aadhaar number to a Regional Office of Authority in the format prescribed in Schedule VI, so as to reach that Regional Office within a period of six months from the date of attaining the age of eighteen years.

CBIC extended validity of AEO certificates expired/expiring

June 30, 2020 909 Views 0 comment Print

CBIC extended validity of all AEO certificates expired/expiring between 01.03.2020 and 30.09.2020 to 30.09.2020 except for those entities against which a negative report is received during this period vide Circular No. 31/2020-Customs dated June 30, 2020. Circular No. 31/2020-Customs F.No. D-20/DIC/AEO/16/2017 Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes […]

Extension of validity of Recognition of PSIAs up to 30.09.2020

June 30, 2020 507 Views 0 comment Print

Validity of the recognition of Pre-Shipment Inspection Agencies (PSIAs) as listed in the Appendix 2G of A&ANF, whose validity expires on or before 30.6.2020, is extended up to 30.9.2020 vide Public Notice No. 11/2015-2020-DGFT dated 30th June, 2020. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade PUBLIC […]

Ten Years Imprisonment with Fine to then ITO in A Bribery Case

June 30, 2020 897 Views 0 comment Print

The Special Judge, CBI Cases, Dehradun (Uttarakhand) has sentenced Shri Amrish Kumar Singh, then Income Tax Officer, Khatima, District Udham Singh Nagar (Uttarakhand) to undergo ten years Rigorous Imprisonment with fine of Rs.1.10 lakh in a bribery case.

Govt notifies ‘SLS Trust’ as financial institution under RDB Act 1993

June 30, 2020 1398 Views 0 comment Print

Central Government hereby notifies ‘SLS Trust’ as financial institution under sub clause (ii) of clause (h) of section 2 of the Recovery of Debts and Bankruptcy Act, 1993 (RDB Act, 1993). Extract of Section 2(h) of Recovery of Debts and Bankruptcy Act, 1993 is as follows:- 2. Definitions. – In this Act, unless the context […]

Amendments in Indian Stamp Act, 1899 & Rules from 1st July 2020

June 30, 2020 26109 Views 0 comment Print

Implementation of Amendments in the Indian Stamp Act, 1899 and Rules made from 1st July, 2020 for Rationalized Collection Mechanism of Stamp Duty across India with respect to Securities Market Instruments

New MSME/Udyam Registration Process starts from 1st July 2020

June 30, 2020 4467 Views 0 comment Print

New Process of MSME Registration takes off in the name of Udyam Registration from 1st July, 2020 as planned earlier. ww.udyamregistration.gov.in – a new portal for Udyam Registration launched by the MSME Ministry

IBBI (Insolvency Professionals) (Second Amendment) Regulations, 2020 

June 30, 2020 627 Views 0 comment Print

1. (1) These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Second Amendment) Regulations, (2) They shall come into force on the date of publication in the Official Gazette.

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