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Sunset review Investigation concerning imports of “Flexible Slabstock Polyol” from Singapore

March 17, 2020 1074 Views 0 comment Print

The original investigation was initiated to examine the nature and extent of dumping and its effect on the situation of the Domestic Industry with respect to Flexible Slabstock Polyol originating in or exported from Singapore, Australia and EU.

RBI revises definition of lending to affordable housing

March 17, 2020 4647 Views 0 comment Print

Housing loans eligible to be classified under priority sector lending (as updated from time to time) and housing loans to individuals for acquiring dwelling units within the prescribed threshold under the affordable housing definition in the HML.

Settlement system under Asian Clearing Union (ACU) Mechanism

March 17, 2020 3159 Views 0 comment Print

In order to facilitate transactions / settlements, effective March 06, 2020, participants in the Asian Clearing Union will have the option to settle their transactions either in ACU Dollar or ACU Euro or in ACU Japanese Yen.

RBI Guidelines on Regulation of Payment Aggregators and Payment Gateways

March 17, 2020 9954 Views 0 comment Print

Payment Aggregators (PAs) and Payment Gateways (PGs) are intermediaries playing an important function in facilitating payments in the online space.

RBI Advisory on Reporting & Accounting of Central Government Transactions of March 2020

March 17, 2020 774 Views 0 comment Print

Beginning from April 1, 2020, the Nodal/Focal Point branches will segregate on a daily basis all scrolls/challans pertaining to March 2020 received from the receiving branches concerned and prepare separate main scrolls for: a. scrolls for transactions of March 2020 or earlier period (i.e. effected during the previous financial year 2019-20) and b. scrolls pertaining to current transactions (i.e. those effected from April 1, 2020 onwards).

DGFT notifies Proformae of application and end use certificate

March 17, 2020 1332 Views 0 comment Print

The proformae of application and end use certificate are being notified to implement the Policy on Global Authorisation for Intra-Company Transfers (GAICT) for export/re-export of dual use SCOMET items / software/ technology, between Indian subsidiary to its foreign parent company and/or to subsidiaries of foreign parent company.

General Information Document for Investing in Public Offers

March 17, 2020 2592 Views 0 comment Print

SEBI Circular CIR/CFD/DIL/12/2013 dated October 23, 2013, specified the General Information Document (GID). However, the subsequent changes in laws, regulation and processes, necessitated changes in the GID.

Transfers/postings and additional charge in CIT Grade of 16 CITs

March 17, 2020 3303 Views 0 comment Print

CBDT orders transfers/postings and additional charge arrangements in the grade of Commissioners of Income Tax  with immediate effect vide Office Order No. 49 of 2020 dated- 17.03.2020.

Reg. Feature for modification of CIRP Forms (including IP-1 Form)

March 17, 2020 666 Views 0 comment Print

Feature for modification of CIRP Forms (including IP-1 Form) submitted by an Insolvency Professional (IP) in compliance of regulation 40B of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.

MGST-Corona Virus- Avoid Physical Visits at dealers place

March 17, 2020 1659 Views 0 comment Print

The departmental authorities shall avoid any physical visits to the dealer’s place of business or place of residence wherever possible for any reason whatsoever. Any action required to be taken and compliance required from the dealer shall be taken through electronic medium as far as possible.

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