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Notifications/Circulars

SEBI Board decides to simplify procedure for transmission of securities

March 29, 2022 1269 Views 0 comment Print

SEBI Board approved the proposal to amend the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 for simplification of procedure for transmission of securities.

SEBI Operational guidelines for ‘Security & Covenant Monitoring’ using DLT

March 29, 2022 2625 Views 0 comment Print

As the backbone of the DLT system would be uniqueness of assets recorded in the DLT system, a system generated unique identifier (Asset ID) shall be allotted for each asset offered by Issuer as security for the non-convertible securities.

Issuance of orders of provisional GST attachment and restoration thereof on BO System

March 29, 2022 1791 Views 0 comment Print

It is hereby instructed that from 01st April, 2022 the provisional attachment orders in DRC-22 and restoration order in DRC-23 shall be only be issued on BO system.

Weekly newsletter from Chairman, CBIC dated 28/03/2022

March 28, 2022 897 Views 0 comment Print

One can’t connect the dots looking forward; one can only connect them looking backward. So we have to trust that the dots will somehow connect in our future. You have to trust in something — your gut, destiny, life, karma, whatever just never stop learning and exploring.

Extension of timelines for sale & renewal of short term Covid specific health insurance policies

March 28, 2022 915 Views 1 comment Print

Corona Kavach Policies offered as per Guidelines on Covid Standard Indemnity based Health Policy and Corona Rakshak Policies offered as per Guidelines on Covid Standard benefit based Health Policy are permitted to be offered and renewed by all insurers up to 30.09.2022.

Penalty Waiver for late filing of Bill of Entry due to error 511 & 512

March 28, 2022 12000 Views 0 comment Print

It has ‘come to notice that the importers/ Custom Brokers have been facing difficulty in filing Bills of Entry relating to IGCR due to the Error code 511 and 512 showing on the Customs Portal as a result of which, late filing penalty is getting imposed on them.

CBDT extends timelines under TOLA

March 28, 2022 24018 Views 0 comment Print

CBDT extends time line under Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020 (TOLA) vide Notification No. 16/2022 Income Tax, [S.O. 1440(E)] dated: 28th March, 2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi, the 28th March, 2022 Notification No. 16/2022 Income Tax S.O. 1440(E).—In exercise […]

Faceless Jurisdiction of Income-tax Authorities Scheme, 2022

March 28, 2022 5697 Views 0 comment Print

For the purpose of Faceless Jurisdiction of Income-tax Authorities Scheme, 2022 the exercise of all or any or the powers and performance of all or any of the functions conferred on, or, as the case may be, assigned to income-tax authorities, by or under the Act as referred to in section 120 of the Act;

Modified version for filing Online Complaints under MahaRera

March 28, 2022 1608 Views 0 comment Print

Modified version for filing Online Complaints under MahaRera, shall now ask the complainants while creating a new registration for Complainant Name, Complainant Middle Name, Complainant Last Name, Complainant Mobile Number and Complainant Email ID in addition to such other details.

Calculation of investment concentration norm for Category III AIFs

March 28, 2022 1500 Views 0 comment Print

Existing Category III AIFs may opt for calculating investment concentration norm based on investable funds with the approval of their trustees or board of directors or designated partners, as the case may be, and inform the same to their investors within 30 days from the date of the issuance of this circular.

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