Follow Us:

Notifications/Circulars

CBDT Signs MOU with MoMSME for sharing of data

July 20, 2020 1866 Views 0 comment Print

The MoU will facilitate seamless sharing of certain Income-tax Return (ITR) related information by the Income Tax Department to MoMSME. This data will enable MoMSME to check and classify enterprises in Micro, Small and Medium categories as per the criteria notified in the Notification No. S.O. 2119(E) dated 26/06/2020 of MoMSME.

Company may permit empaneled stock brokers to fund ESOP

July 20, 2020 2727 Views 0 comment Print

As per Regulation 9(2) of the SEBI (Share Based Employee Benefits) Regulations, 2014 (SBEB Regulations)  the company may permit the empaneled stock brokers to fund the payment of exercise price which shall be adjusted against the sale proceeds of some or all the shares, subject to the provisions of the applicable law or regulations. Thus, […]

Steps for early clearance of imported consignments of livestock products

July 20, 2020 1554 Views 0 comment Print

To Facilitate “Ease of Doing Business” and early clearance of imported consignments of livestock products, no custom sealed sample will be required / collected by AQCS for clearance of imported consignments under No Testing (NT) category. These imported consignments will be granted AQCS clearance on the Single Window System (SWS) based on Veterinary Health Certificate uploaded on the SWS along with other relevant documents while filing Bill of Entry by the importer

Revised Procedure and Criteria for submission and approval of applications for export of PPE Medical Coveralls for COVID-19

July 20, 2020 606 Views 0 comment Print

Reference is invited to the DGFT Notification No. 16 dated 29.06.2020 restricting the export of PPE medical coveralls for COVID-19 and fixing the export quota of 50 Lakh PPE Coverall Units per month. The detailed procedure and criteria for submission of applications for export of PPE medical coveralls was outlined in the Trade Notice No. 17 dated 29.06.2020.

Framework to Enable Verification of Upfront Collection of Margins from Clients in Cash and Derivatives segments

July 20, 2020 1458 Views 0 comment Print

Clearing Corporations shall send minimum 4 snapshots of client wise margin requirement to TMs/CMs for them to know the intraday margin requirement per client in each segment. The number of times snapshots need to be sent in a day may be decided by the respective Clearing Corporation depending on market timings subject to a minimum of 4 snapshots in a day. The snapshots would be randomly taken in pre-defined time windows.

Eligibility Criteria for Selection of Underlying Commodity Futures for Options on Commodity Futures

July 20, 2020 546 Views 0 comment Print

The underlying ‘Futures contracts’ on the corresponding commodity shall be amongst the top five futures contracts in terms of total trading turnover value of previous twelve months;

Anti-subsidy investigation concerning imports of Viscose Rayon Filament Yarn

July 20, 2020 933 Views 0 comment Print

Initiation of anti-subsidy investigation concerning imports of Viscose Rayon Filament Yarn above 60 deniers originating in or exported from China PR MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF TRADE REMEDIES) INITIATION NOTIFICATION New Delhi, the 20th July, 2020 Case No. CVD OI -05/2020 Subject: Initiation of anti-subsidy investigation concerning imports of […]

Customs, Amritsar seized 10.22 Kgs of gold worth Rs. 5 crore

July 20, 2020 732 Views 0 comment Print

Customs Commissionerate (Prev), Amritsar, has foiled an attempted gold-smuggling attempt at the Amritsar Airport and seized 10.22 Kgs of gold worth Rs. 5 crore.

New Form 26AS is the Faceless hand-holding of Taxpayers

July 18, 2020 3549 Views 0 comment Print

The new Form 26AS is the faceless hand-holding of the taxpayers to e-file their income tax returns quickly and correctly. From this Assessment Year, taxpayers will see an improved Form 26AS which would carry some additional details on taxpayers’ financial transactions as specified in the Statement of Financial Transactions (SFTs) in various categories.

CBDT to start Voluntary Income Tax Return Compliance campaign

July 18, 2020 23949 Views 1 comment Print

The Income Tax Department is all set to start an e-campaign on voluntary compliance of Income Tax for the convenience of taxpayers from Monday, the 20th of July, 2020. The 11 days campaign ending on 31st July, 2020 focuses on the assessees/taxpayers who are either non-filers or have discrepancies/deficiency in their returns for the FY 2018-19.

Search Post by Date
June 2026
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930