A Faceless Assessment Group would consist of Appraisers!Superintendents and Assistant Commissioners!Deputy Commissioners for verification of assessment of any bill of entry that is assigned to this group in the Customs Automated System.
IRDAI examined the requirement to obtain LEI by its regulated entities and the entities dealing with the regulated entities and notifies who needs to obtain this. Insurance Regulatory and Development Authority of India Circular Ref. No: IRDAI/F&A/CIR/MISC/134/06/2020 Date:05-06-2020 Legal Entity Identifier (LEI) code To All the insurers Re: Legal Entity Identifier (LEI) code **** A. […]
SEBI now has decided to introduce a framework for Regulatory Sandbox. Under this sandbox framework, entities regulated by SEBI shall be granted certain facilities and flexibilities to experiment with FinTech solutions in a live environment and on limited set of real customers for a limited time frame. These features shall be fortified with necessary safeguards for investor protection and risk mitigation.
No Mutual fund schemes shall invest in physical goods except in ‘gold’ through Gold ETFs. However, as mutual fund schemes participating in ETCDs may hold the underlying goods in case of physical settlement of contracts, in that case mutual funds shall dispose of such goods from the books of the scheme, at the earliest, not exceeding the timeline prescribed below
NPS withdrawals including partial withdrawal are allowed as defined under NPS exit regulations. NPS Subscribers who intend to withdraw are required to submit the duly filled-up withdrawal forms along with the Supporting documents to the associated Nodal officers/ Points of Presence (POP) for processing their request.
Govt has released SOP on preventive measures to contain spread of COVID-19 in offices, SOP on preventive measures to contain spread of COVID-19 in religious places, SOP on preventive measures to contain spread of COVID-19 in hotels and other hospitality services, SOP on preventive measures to contain spread of OVD-19 in restaurants and SOP on […]
CBIC notifies Rate of Exchange of Foreign Currencies against India Rupees wef 05.06.2020 vide Notification No. 49/2020-Customs (N.T.), Dated: 4th June, 2020. Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) ***** Notification No. 49/2020-Customs (N.T.) New Delhi, dated the 4th June, 2020 14 Jyaishtha 1942 (SAKA) In […]
IRDAI warned IFFCO Tokio General Insurance Company Limited for furnishing wrong information under different lines of health insurance business and for delayed submission of health returns for FY 2018-19.
IRDA clarified that time limit for ensuring compliance with directions regarding Public Disclosures on websites by insurers for the period ending 31st March 2020 is also extended by 30 days.
AIFs and VCFs may submit the regulatory filings for the months ending March, April, May and June 2020, as applicable, on or before August 07, 2020.
