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Notifications/Circulars

Anti-dumping Duty on Import of ‘Axles for Trailers’ from China

January 24, 2022 3897 Views 1 comment Print

CBIC imposed Anti-dumping Duty on ‘Axles for Trailers’ originating in or exported from the People’s Republic of China vide Notification No. 4/2022-Customs(ADD), Dated 24.01.2022. MINISTRY OF FINANCE (Department Of Revenue) New Delhi, the 24th January,2022 Notification No. 04/2022-Customs (ADD) G.S.R. 43(E).—Whereas, the designated authority, vide notification No. 7/7/2021-DGTR dated the 19th April, 2021, published in […]

SEBI (Alternative Investment Funds) (Amendment) Regulations, 2022

January 24, 2022 11349 Views 0 comment Print

The SEBI has notified a new set of regulations to amend the existing SEBI (Alternative Investment Funds) Regulations, 2012 which shall come into force on the date of its publication in the Official Gazette i.e., 24th January, 2022. The main aim of this amendment is to introduce the concept of Special Situation Funds. Sr. No. […]

SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2022

January 24, 2022 17460 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2022.

CBIC rescinds Notification levying ADD on PVC Flex Films

January 24, 2022 3048 Views 0 comment Print

Seeks to rescind Notification No. 42/2016 – Customs (ADD) dated 8th August, 2016 to remove levy of ADD on PVC Flex Films vide Notification No. 3/2022-Customs (ADD), Dated: 24.01.2022. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 24th January, 2022 Notification No. 3/2022-Customs (ADD) G.S.R. 38 (E).—In exercise of the powers conferred by sub-sections […]

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

January 24, 2022 1503 Views 0 comment Print

1. These regulations may be called the Securities and Exchange Board of India (Employees’ Service) (Amendment) Regulations, 2022. 2. They shall come into force on the date of their publication in the Official Gazette.

Office Order pursuant to CBDT Order No. 304 of 2021 dated 08.11.2021

January 24, 2022 2067 Views 0 comment Print

Office Order pursuant to CBDT Order No. 304 of 2021 dated 08.11.2021- In pursuance to the above and in exercise of the powers conferred by Explanation to sub-section (1) of section 120 of the Income-tax Act, 1961 as also section 59 of the Prohibition of Benami Property Transactions Act, 1988 (45 of 1988), it is hereby ordered that the officers referred to in column (3) of the table hereunder, in the grade of Commissioners of Income-tax shall exercise the powers and perform the functions of the Income-tax Authority

Intermediary Safe Liability Limitation – reg

January 22, 2022 2337 Views 0 comment Print

Section 79 of the IT Act provides for intermediaries to get exemption from liability provided they follow certain due diligence and also if, they are not aware of the information being transmitted through their platform Online market place being Intermediaries also enjoy the same immunity. They are also required to follow other legislation like the Consumer Protection Rules etc.

Delhi Govt fixes maximum price for RT-PCR COVID19 test at Rs. 300

January 22, 2022 3444 Views 0 comment Print

Conventional RT PCR Test wherein samples are collected by Private lab teams for Government and processed further at their lab and Conventional RT PCR Test wherein individual gives their samples at the Labs/Private Hospitals/Collection facilities for paid testing at their own expense (including all charges-sample collection & testing cost at the site)  

Section 10(46) exemption to National Skill Development Corporation

January 21, 2022 20100 Views 0 comment Print

Vide Notification No. 10/2022 – Income Tax | Dated:  21st  January, 2022 CBDT notifies Tax Exemption to National Skill Development Corporation, a body constituted by Central Government, in respect of the specified income under section 10(46) of Income Tax Act, 1961. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 10/2022-Income […]

Govt withdraws Direct Selling Guidelines, 2016

January 21, 2022 2394 Views 0 comment Print

Central Government, having regard to the publication of the Consumer Protection (Direct Selling) Rules, 2021 withdraws the Direct Selling Guidelines, 2016 of the Government of India in the Ministry of Consumer Affairs, Food and Public Distribution (Department of Consumer Affairs). MINISTRY OF CONSUMER AFFAIRS, FOOD AND PUBLIC DISTRIBUTION (Department of Consumer Affairs) NOTIFICATION New Delhi, […]

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