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Notifications/Circulars

Reg. Safeguard duty on imports of Solar Cells whether or not assembled in modules or panels

July 18, 2020 3957 Views 0 comment Print

Final Findings of review investigation for continued imposition of Safeguard duty on imports of ‘Solar Cells whether or not assembled in modules or panels’ into India Proceedings under the Customs Tariff Act, 1975 and the Custom Tariff (Identification and Assessment of Safeguard Duty) Rules, 1997 – Reg MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) […]

CBDT refunded Rs. 71,229 crore to taxpayers during COVID-19

July 17, 2020 732 Views 0 comment Print

CBDT has issued refunds worth Rs 71,229 crore in more than 21.24 lakh cases upto 11th July, 2020, to help taxpayers with liquidity during COVID-19 pandemic, since the Government’s decision of 8th April, 2020 to issue pending income tax refunds at the earliest.

Dispose pending GST registration applications on or before 30th July 2020

July 17, 2020 4362 Views 2 comments Print

Subsection (10) of section 25 of the CGST Act, 2017 read with rule 9 of CGST Rules. 2017. provides for deemed approval of application or registration after a period of three working days. if the proper officer fails to take any action on the said application within the said period of three working days.

Exit option to dissenting unit holders under SEBI (REIT) Regulations

July 17, 2020 1590 Views 0 comment Print

Manner and mechanism of providing exit option to dissenting unit holders pursuant to Regulation 22(6A) and Regulation 22(8) of SEBI Real Estate Investment Trusts Regulations, 2014 (SEBI (REIT) Regulations) Security Exchange Broad of India CIRCULAR SEBI/HO/DDHS/DDHS/CIR/P/2020/123 July 17, 2020 To, All Real Estate Investment Trusts (“REITs”) All Parties to REITs All Recognised Stock Exchanges All […]

Exit option to dissenting unit holders under SEBI (InvIT) Regulations

July 17, 2020 1440 Views 0 comment Print

Manner and mechanism of providing exit option to dissenting unit holders pursuant to Regulation 22(5C) and Regulation 22(7) of SEBI Infrastructure Investment Trusts Regulations, 2014 (SEBI (InvIT) Regulations) Securities and Exchange Board of File CIRCULAR SEBI/HO/DDHS/DDHS/CIR/P/2020/122 July 17, 2020 To, All Infrastructure Investment Trusts (“InvITs”) All Parties to InvITs All Recognised Stock Exchanges All Merchant […]

Section 10(46) exemption to Real Estate Regulatory Authority, Bihar

July 17, 2020 822 Views 0 comment Print

Notification No. 49/2020- Central Government notifies Real Estate Regulatory Authority, Bihar in respect of the specified income arising to the board under section 10(46) of Income Tax Act, 1961. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 17th July, 2020 Notification No. 49/2020-Income Tax S.O. 2380(E).—In exercise of […]

SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2020

July 17, 2020 8022 Views 0 comment Print

1. These regulations may be called the Securities and Exchange Board of India (Prohibition of Insider Trading) (Amendment) Regulations, 2020. 2. They shall come into force on the date of their publication in the Official Gazette.

EPFO to Settle of death claims on priority basis in events of industrial accidents etc

July 17, 2020 1455 Views 0 comment Print

It is directed that in the events of any incidents of industrial accidents resulting in death of employees of a covered establishment, the concerned RPFC (in-charge of RO) is required to take immediate initiative to settle death claims of the concerned members.

RBI Fair Practices Code for Asset Reconstruction Companies

July 16, 2020 1017 Views 0 comment Print

Asset Reconstruction Companies (ARCs) are advised to put in place Fair Practices Code (FPC) duly approved by their Board. In the matter of recovery of loans, ARCs shall not resort to harassment of the debtor. ARCs shall ensure that the staff are adequately trained to deal with customers in an appropriate manner.

CBIC notifies Rate of Exchange of Foreign Currencies wef 17.07.2020

July 16, 2020 1419 Views 0 comment Print

CBIC notifies Rate of Exchange of Foreign Currencies against India Rupees wef 17.07.2020 vide Notification No. 59/2020-Customs (N.T.), Dated: 16th July, 2020. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 59/2020- Customs (N.T.)  New Delhi, dated the 16th July, 2020 S.O. 2350(E).—In exercise of […]

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