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Tariff Notification No. 25/2021-Customs (N.T.), Dated: 26.02.2021

February 26, 2021 1626 Views 0 comment Print

Tariff Notification No. 25/2021-Customs (N.T.), Dated: 26.02.2021 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seed, Areca nut, Gold & Silver – reg. Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) Notification No. 25/2021-CUSTOMS (N.T.) New Delhi, 26th February, 2021 S.O. 937 […]

SEBI extends facility to conduct meetings of REITs & InvITs unitholders through VC or OAVM

February 26, 2021 888 Views 0 comment Print

It has been decided to extend the facility to conduct meetings of unitholders, through VC or OAVM for REITs/InvITs, as under: a. Annual meetings of unitholders in terms of Regulation 22(3) of SEBI (Real Estate Investment Trusts) Regulations, 2014 and Regulation 22(3)(a) of SEBI (Infrastructure Investment Trusts) Regulations, 2014, (which becomes due in the calendar year 2021) to be conducted till December 31, 2021.

SOP for physical of cases before NCLT

February 26, 2021 1362 Views 0 comment Print

NCLT issues present Standard Operating Procedure (SOP) for physical hearing, as well as continuation of virtual hearing as per order dated 23.2.20201 which shall come into force w.e.f. 1.3.2021. The SOP is applicable to all NCLT Benches.

Investment by FPI in Defaulted Bonds – Relaxations

February 26, 2021 807 Views 0 comment Print

Currently, FPI investments in corporate bonds are subject to a minimum residual maturity requirement, short-term investment limit (paragraph 4 (b)(ii)) and the investor limit (paragraph 4(f)(i)) in terms of the Directions.

Measures for Streamlining of Customs Post Clearance Audit work

February 26, 2021 1191 Views 0 comment Print

Half yearly meetings of customs Audit Commissionerate shall be convened by the ADG, DG (Audit), Mumbai to discuss the conduct of TBA. The meeting may deliberate upon topics such as including local risk parameters in the selection of BE/SB for TBA, increase or decrease in  the total number of bills selected for Audit, and the progress/pendency of TBA etc. All the officers are directed to provide their inputs for the said meeting within stipulated lime frame.

Anti-dumping investigation concerning imports of Melamine

February 26, 2021 1062 Views 0 comment Print

(Case No. AD (OI) 01/2021) Initiation of anti-dumping investigation concerning imports of Melamine originating in or exported from the European Union, Japan, Qatar and the United Arab Emirates

Anti-dumping duty on imports of Tyre Curing Presses

February 26, 2021 1599 Views 0 comment Print

Case No. AD (SSR)– 19/2020 Sunset Review of anti-dumping duty imposed on imports of Tyre Curing Presses for Tyres originating in or exported from China PR.

Extension of time to make application for authorisation as a pan-India umbrella entity for retail payments

February 26, 2021 717 Views 0 comment Print

Date : Feb 26, 2021 Reserve Bank had released the framework for authorisation of pan-India Umbrella Entity for retail payments on August 18, 2020 and invited applications from desirous entities. Given the process involved for complying with the framework prescriptions, a timeline of six months was provided therefor, i.e., up to February 26, 2021.

Report on Currency and Finance (RCF) for the year 2020-21

February 26, 2021 1449 Views 0 comment Print

Today, the Report on Currency and Finance (RCF) for the year 2020-21 was released by the RBI. First published in 1937, the RCF adopted a theme-based approach from 1998-99. After a hiatus between 2014 and 2019, the Report has been revived with this release.

Punjab State Development Tax (Amendment) Rules, 2021

February 26, 2021 8475 Views 0 comment Print

Here is the summary of the latest amendment made under Punjab State Development Tax (Amendment) Rules, 2021 (PSDT) NOTIFICATION No. G.S.R. 16/P.A.11/2018/S.23/Amd. (1)/2021 dated 26.02.2021 Total 5 Amendments made: 1) Under Rule No.10 of Punjab State Development Tax (Amendment) Rules, 2021 following proviso shall be added: Provided that the Government may, by notification extend the […]

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