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Notifications/Circulars

Relaxation in adherence to prescribed timelines issued by SEBI due to Covid 19

February 25, 2022 1503 Views 0 comment Print

Relaxation is hereby being given to intermediaries / market participants w.r.t. compliance with the prescribed timelines which has been extended to June 30, 2022 in view of the Covid-19 situation. The aforesaid relaxation shall be applicable for items No. 1-7 mentioned at para no. 2 above.

Mandatory filing/issuance of RCMC/RC via DGFT platform from 01.04.2022

February 24, 2022 3909 Views 0 comment Print

Mandatory filing/issuance of Registration Cum Membership Certificate (RCMC)/ Registration Certificate (RC) through the DGFT common digital platform from 01.04.2022

Import policy of ITC (HS) 8524 & ITC (HS) 85258900 revised

February 24, 2022 8043 Views 0 comment Print

Import policy of ITC (HS) 8524 and ITC (HS) 8525 89 00 is revised from ‘Restricted’ to ‘Free’ with immediate effect. Notification No. 55 /2015-2020 Dated: 24th February, 2022

Nomination for Eligible Trading & Demat Accounts – Extension of timelines & relaxations for existing account holders

February 24, 2022 3582 Views 0 comment Print

SEBI mandated submission of nomination details/declaration for opting out of nomination for investors opening new trading and or demat account(s) on or after October 01, 2021. The circular also prescribed mandatory furnishing of the aforesaid information for all existing eligible trading and demat account holders.

Segregation & Monitoring of Collateral at Client Level – Extension of timeline to May 02, 2022

February 24, 2022 2523 Views 0 comment Print

SEBI has received requests from various stakeholders to further extend the aforesaid timeline. After consideration of the same, it has been decided that provisions of the said circular dated July 20, 2021 (apart from provisions of Paragraphs 4 and 5) shall come into force with effect from May 02, 2022.

Reporting and Accounting of Central Government transactions of March 2022

February 24, 2022 1563 Views 0 comment Print

The Government of India has decided that the date of closure of residual transactions for the month of March 2022 be fixed as April 11, 2022. In view of the ensuing closing of government accounts for the financial year 2021-22, receiving branches including those not situated locally, should adopt special arrangements such as courier service etc., for passing on challans/scrolls etc., to the Nodal/Focal Point branches so that all payments and collections made on behalf of government towards the end of March are accounted for in the same financial year.

IBBI directs valuer to be extremely careful, diligent, & responsive

February 24, 2022 3909 Views 0 comment Print

In the instant matter, the SBI had made a complaint to CBI on 4th January, 2021 requesting it to lodge the complaint and carry out a detailed investigation into the fraudulent activities committed intentionally and knowingly by Shri. Paruchuri Kumar and his family members in collusion with the advocates, valuers, Sri Abdul Rawoof Pasha and […]

Draft Employees’ State Insurance (Central) Amendment Rules, 2022

February 24, 2022 1122 Views 0 comment Print

Provided that an Insured Women shall be eligible to claim maternity benefit for a confinement occurring or expected to occur in the benefit period January 2021-June 2021 if contributions in respect of her were payable for not less than 35 days in the immediately preceding two consecutive contribution periods from October, 2019 to March, 2020 and April, 2020- to September, 2020.

Restriction on Export of Remdesivir Injection and API removed

February 24, 2022 1098 Views 0 comment Print

The export policy of Injection Remdesivir and Remdesivir Active Pharmaceutical Ingredients (API), Amphotericin – B injections, Enoxaparin (Formulation and API) and Intra-Venous Immunoglobulin (IVIG) (Formulation and API) falling under HS code as mentioned above or falling under any other HS code has been made ‘Free’ with immediate effect.

CBIC extends the levy of ADD on jute products

February 24, 2022 801 Views 0 comment Print

CBIC extend the levy of ADD on jute products originating in or exported from Nepal and Bangladesh up to and inclusive of the 30th June, 2022 vide Notification No. 10/2022-Customs (ADD). MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 24th February, 2022 Notification No. 10/2022-Customs (ADD) G.S.R. 157(E).—Whereas, the designated authority vide initiation notification […]

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