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Notifications/Circulars

RBI revises guidelines applicable for Core Investment Companies

August 13, 2020 3903 Views 0 comment Print

Based on the recommendations of the WG and inputs received from stakeholders, it has been decided to revise the guidelines applicable for Core Investment Companies.

SEBI SOP- Handling of complaints by stock exchanges & Action for failure to redress investor complaints

August 13, 2020 1995 Views 0 comment Print

Investor grievances redressal mechanism – Handling of SCORES complaints by stock exchanges and Standard Operating Procedure for non-redressal of grievances by listed companies.

Tariff Notification No. 71/2020-Customs (N.T.), Dated: 13.08.2020

August 13, 2020 1212 Views 0 comment Print

Tariff Notification No. 71/2020-Cutoms (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) Notification No. 71/2020-CUSTOMS (N.T.) New Delhi, 13th August, 2020 22 Shravana, 1942 (SAKA) S.O. 2753(E).– […]

Faceless Assessment: CBDT reconstitutes Regional e-Assessment Centers

August 13, 2020 5406 Views 0 comment Print

Central Board of Direct Taxes hereby reconstitutes Regional e-Assessment Centers (ReACs) under Faceless Assessment Scheme, 2019 vide Office Order -2 dated 13th AUgust 2020. F. No 187/3/2020 ITA-1 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (ITA Division) ******* North Block, New Delhi – 110001 Dated the 13th August, […]

RBI decides to implement system-based asset classification in UCBs

August 12, 2020 1323 Views 0 comment Print

In order to improve the efficiency, transparency and integrity of the asset classification process, it has been decided to implement system-based asset classification in urban co-operative banks (UCBs).

Income Tax Department searched premises of Chinese entities

August 11, 2020 5961 Views 0 comment Print

Based on the credible information that few Chinese individuals and their Indian associates were involved in money laundering and hawala transactions through series of shell entities, a search action was mounted at various premises of these Chinese entities, their close confederates and couple of bank employees.

CBDT directs Investigation Directorates to do e-communication with Assessee

August 11, 2020 2343 Views 0 comment Print

In view the hardships being faced by the taxpayers in coping with the challenges posed by COVID 19 pandemic, it is important that the concerned officers of the Income Tax Department recognize the same and are sensitive to it. Therefore, as far as possible, the communications should be made electronically and social distancing norms should be followed, without diluting the significance of the proceedings.

Anti-dumping Duty on flax fabrics import extended by 3 Months

August 11, 2020 705 Views 0 comment Print

CBIC amends No. 39/2015-Customs (ADD) dated 12th August, 2015 to extend the levy of Anti-dumping Duty (ADD) on flax fabrics imported from China and Hong Kong for a period of 3 months vide Notification No. 23/2020-Customs (ADD) dated 11th August, 2020. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 23/2020-Customs (ADD) New […]

Keshav Chandra appointed as Director in SFIO under MCA

August 11, 2020 4938 Views 0 comment Print

Central Government hereby appoints Shri Keshav Chandra, IAS (AGMUT: 1995) as Director in the Serious Fraud Investigation Office (SFIO) under Ministry of Corporate Affairs, with effect from the forenoon of 03.08.2020, for an overall tenure of five years up to 17.12.2022 or until further orders, whichever is earlier.

Supply of essential commodities to Maldives during 2020-21 permitted

August 11, 2020 1038 Views 0 comment Print

Export of Eggs, Potatoes, Onions, Rice, Wheat Flour, Sugar, Dal, Stone Aggregates and River Sand has been permitted to the Republic of Maldives under bilateral trade agreement between Government of India and Government of Maldives during the period 2020-21 as per the quantities indicated in the Table at Para 1 above. The export of above […]

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