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Notifications/Circulars

Notification No. 54/2021-Customs, Dated: 24.12.2021

December 24, 2021 3807 Views 0 comment Print

Notification No. 54/2021-Customs Seeks to further amend Notification No. 46/2011-Customs, dated the 1st June, 2011 to give effect to 13th tranche of preferential tariff as per ASEAN India Trade in Goods Agreement (AITIGA) MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 24th of December, 2021 Notification No. 54/2021-Customs G.S.R. 881(E).—In exercise of the powers […]

Govt notifies bullion spot delivery contract as security for issuance & Trading in IFSCA

December 24, 2021 2889 Views 0 comment Print

Govt notifies (i) bullion spot delivery contract; and (iii) bullion depository receipt with underlying bullion as securities for the purpose of Section 18 of the Securities Contracts (Regulation) Act, 1956 in respect of issuance and trading of such securities in an International Financial Services Centre under the International Financial Services Centres Authority Act, 2019. MINISTRY […]

Govt notifies Electronic Gold Receipt as security under Securities Contracts (Regulation) Act, 1956

December 24, 2021 2148 Views 0 comment Print

Electronic Gold Receipt means an electronic receipt issued on the basis of deposit of underlying physical gold in accordance with the regulations made by the Securities and Exchange Board of India under section 31 of the said Act.

List of Members elected for 24th Regional Council of ICAI

December 24, 2021 13266 Views 0 comment Print

ICAI notifies membership numbers and places of the members, who have been elected to the Twenty Fourth Regional Councils of the Institute of Chartered Accountants of India. List includes Regional Council members (RCMS)  Western, Southern, Northern, Eastern and Central India Regional Council i.e. WIRC, SIRC, EIRC, NIRC and CIRC. THE INSTITUTE OF CHARTERED ACCOUNTANTS OF […]

Restriction on storage of actual card data [i.e. Card-on-File (CoF)]

December 23, 2021 2343 Views 0 comment Print

The timeline for storing of CoF data is extended by six months, i.e., till June 30, 2022; post this, such data shall be purged; and in addition to tokenisation, industry stakeholders may devise alternate mechanism(s) to handle any use case (including recurring e-mandates, EMI option, etc.) or post-transaction activity (including chargeback handling, dispute resolution, reward / loyalty programme, etc.)

Details of infrastructure available for testing of samples related to hazardous goods by Revenue Laboratorie

December 23, 2021 930 Views 0 comment Print

Instruction No. 29/2021-Customs F.No. 401/98/2021-Cus-III Government of India Ministry of Finance, Department of Revenue Central Board of Indirect Taxes & Customs North Block, New Delhi Dated the December 23rd, 2021 To, All Principal Chief Commissioners/Chief Commissioners of Customs/Customs (Preventive), All Principal Chief Commissioners/ Chief Commissioners of Customs & Central Tax, All Principal Commissioners/ Commissioners of […]

Regulatory fee structure for recognised stock exchanges in IFSC

December 23, 2021 885 Views 0 comment Print

It has been represented by the stakeholders that considering the nascent stage of debt market at IFSC, the levy of fees for listing of privately placed debt securities may be deferred till development of the market at IFSC.

SEBI signs IOSCO’s Enhanced Multilateral MoU (EMMoU)

December 23, 2021 642 Views 0 comment Print

SEBI has signed the Enhanced Multilateral Memorandum of Understanding (EMMoU) of the International Organization of Securities Commissions (IOSCO) on December 22, 2021. Shri. Ajay Tyagi, Chairman signed the EMMoU on behalf of SEBI. With the signing, SEBI joins a select group of securities regulators which are signatories to EMMoU.

Prohibition of Child Marriage (Amendment) Act, 2021 introduced in Lok Sabha

December 23, 2021 6234 Views 0 comment Print

The Child Marriage Restraint Act, 1929, was replaced by the Prohibition of Child Marriage Act, 2006, to prohibit solemnisation of child marriages, but this highly pernicious practice is still not completely eradicated from our society.

Proposed changes to Corporate Insolvency Resolution & Liquidation Framework

December 23, 2021 1047 Views 0 comment Print

Invitation of comments from public on proposed changes to the Corporate Insolvency Resolution and Liquidation Framework under Insolvency and Bankruptcy Code, 2016

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