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Notifications/Circulars

IBBI suspends registration of IP for conducting CIRP of CD in a brazen manner

June 24, 2022 867 Views 0 comment Print

In view of the submission made by Mr. Partha Sarathy Sarkar, and materials available on record, DC notes that Mr. Partha Sarathy Sarkar has conducted the entire CIRP of the CD in a brazen manner without having due regard the provisions of the Code and the regulations made thereunder. Accordingly, the DC find that the […]

Acceptance of assignment of CD without holding valid AFA: IBBI suspend registration of IP

June 24, 2022 774 Views 0 comment Print

DC finds that Mr. Kedarram Ramratan Laddha had accepted an assignment as IRP of the CD without holding valid AFA and during pendency of disciplinary proceedings. Hence, the DC, in exercise of the powers conferred under section 220 (2) of the Code read Regulation 11 of the IBBI (Insolvency Professionals) Regulations, 2016, hereby suspends the […]

Draft Master Direction on Outsourcing of Information Technology Services

June 23, 2022 2550 Views 0 comment Print

Regulated Entities (REs) have been extensively leveraging Information Technology (IT) and IT-enabled services (ITeS) in their business, products and services with increasing dependence on third parties. Such reliance on IT/ITeS provided by third parties exposes the REs to various risks.

Designation of 7 individuals as ‘Terrorists’ under UAPA, 1967

June 23, 2022 726 Views 0 comment Print

please refer to the Gazette notification of the MHA in respect of seven individuals who have been declared as ‘Terrorists’ and have been listed in the Schedule IV of the UAPA 1967, under Section 35 (1) (a) of UAPA 1967.

Restrictions on import of products made of plastic

June 22, 2022 13605 Views 0 comment Print

Carry bag made of virgin or recycled plastic, shall not be less than seventy-five microns in thickness with effect from the 30th September, 2021 and one hundred and twenty (120) microns in thickness with effect from the 31st December. 2022.

SEBI (Employees’ Service) (Second Amendment) Regulations, 2022

June 22, 2022 972 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Employees’ Service) (Second Amendment) Regulations, 2022.

Extension of the validity of FCRA registration certificates till 30.09.2022

June 22, 2022 930 Views 0 comment Print

Government extended validity of FCRA registration certificates of certain categories of FCRA registered entities till 30.09.2022 or till the date of disposal of renewal application, whichever is earlier.

Guidelines – Section 194S TDS on payment for virtual digital asset

June 22, 2022 16860 Views 0 comment Print

Section 194S mandates a person, who is responsible for paying to any resident any sum by way of consideration for transfer of a virtual digital asset (VDA), to deduct an amount equal to 1% of such sum as income tax thereon.

Assignment of additional charge(s) to officers in Pr.CCsIT/Pr.DGsIT/CcsIT/DGsIT grade

June 22, 2022 2208 Views 0 comment Print

Office Order No. 127 of 2022[ Assignment of additional charge(s) to officers in the grade of Pr.CCsIT/Pr.DGsIT/CcsIT/DGsIT] F.No. A-22012/1/2021-Ad.VI Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi The 22nd June, 2022 OFFICE ORDER NO. 127 OF 2022 The following officers in the grade of Pr. CCsIT […]

Amendment in Import Policy Condition of Water Melon Seeds

June 21, 2022 3891 Views 0 comment Print

Import of Water Melon Seeds falling under ITC(HS) code 12077090 is ‘Free’ till 30.09.2022. Given import shall be allowed from Kandla (INIXY1) and Mundra (INMUN1) Ports only.

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