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RBI releases framework for authorisation of pan-India Umbrella Entity for Retail Payments

August 18, 2020 1146 Views 0 comment Print

Reserve Bank has today placed on its website, the ‘framework for authorisation of pan-India Umbrella Entity for Retail Payments’. The framework has been released after due deliberations on the comments / feedback received on the ‘draft framework for authorisation of a pan-India New Umbrella Entity for Retail Payment Systems’ which was placed on Reserve Bank’s website on February 10, 2020 inviting public comments.

File GNL-1 for seeking extension of time in holding of AGM

August 17, 2020 26031 Views 0 comment Print

MCA has not given any extension for holding of AGM for the financial year ended as at 31.03.2020 and has only allowed holding of annual general meeting (AGM) through video conferencing (VC) or other audio visual means (OAVM). MCA has now clarified as below- 1. Companies can use relaxations in General Circular No. 20/2020, dated […]

CBDT notifies New Rule 2DB & 2DE – Pension fund- Section 10(23FE)

August 17, 2020 2778 Views 0 comment Print

CBDT, vide Notification No.67/2020 dated 17th August, 2020, has prescribed the procedure for notification of Pension Funds (PF) for claiming exemption under section 10(23FE) for income from investment made in specified infrastructure business: CBDT notifies New Income Tax Rule  2DB. – Other conditions to be satisfied by the pension fund and Rule 2DC. -Guidelines for […]

Special Warehouse (Custody and Handling of Goods) Amendment Regulations, 2020

August 17, 2020 1467 Views 0 comment Print

(1) These regulations may be called the Special Warehouse (Custody and Handling of Goods) Amendment Regulations, 2020. (2) They shall come into force on the date of their publication in the Official Gazette.

Manufacture and Other Operations in Warehouse (no. 2) Amendment Regulations, 2020

August 17, 2020 1125 Views 0 comment Print

(1) These regulations may be called the Manufacture and Other Operations in Warehouse (no. 2) Amendment Regulations, 2020. (2) They shall come into force on the date of their publication in the Official Gazette.

Manufacture and Other Operations in Special Warehouse Regulations, 2020

August 17, 2020 2628 Views 0 comment Print

(1) These regulations may be called the Manufacture and Other Operations in Special Warehouse Regulations, 2020. (2) They shall come into force on the date of their publication in the Official Gazette.

Siliguri DRI seizes 26.5 Kgs of Gold valued at Rs. 14.09 Crores

August 17, 2020 588 Views 0 comment Print

The Independence Day for Siliguri DRI officers started on a high note with the seizure of 26.5 Kgs of Gold valued at Rs. 14.09 Crores. Acting on intelligence, three persons were intercepted in Brahmaputra Mail Covid-19 Express at New Delhi with 160 pcs of gold biscuits, purportedly smuggled in through the North. East.

CBIC extends ADD on imports of Caustic Soda till 17.11.2020

August 17, 2020 660 Views 0 comment Print

CBIC amends notification No. 42/2015-Customs (ADD), dated 18th August 2015 to extend the levy of ADD on imports of Caustic Soda originating in or exported from China PR and Korea RP, for a period of three months i.e. upto 17th November, 2020 vide Notification No. 25/2020-Customs (ADD) dated 17th August, 2020. GOVERNMENT OF INDIA MINISTRY […]

CBIC appoints CAA in case of ‘Handen Climate Systems India Private Limited’

August 17, 2020 441 Views 0 comment Print

Appointment of CAA in case of M/s Handen Climate Systems India Private Limited vide Notification No. 74/2020-Customs (N.T.) Dated 17th August, 2020. Government of India Ministry of Finance Department of Revenue (Central Board of Indirect Taxes and Customs) Notification No. 74/2020-Customs (N.T.) New Delhi, the 17th August, 2020 S.O. 2778(E).—In exercise of the powers conferred […]

CBIC appoints CAA in case of ‘Sanden Vikas India Private Limited’

August 17, 2020 576 Views 0 comment Print

CBIC appoints CAA in case of M/s Sanden Vikas India Private Limited vide Notification No. 73/2020-Customs (N.T.), Dated: 17.08.2020 Government of India Ministry of Finance Department of Revenue (Central Board of Indirect Taxes and Customs) Notification No. 73/2020-Customs (N.T.) New Delhi, 17the August. 2020 S.0. 2777(E).—In exercise of the powers conferred by Sub-section (1) of […]

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