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Notifications/Circulars

Companies (Auditor’s Report) Order, 2020 (CARO 2020)

February 25, 2020 304572 Views 9 comments Print

(1) This Order may be called the Companies (Auditor’s Report) Order, 2020. (2) It shall apply to every company including a foreign company as defined in clause (42) of section 2 of the Companies Act, 2013 (18 of 2013) [hereinafter referred to as the Companies Act], except–

Amendment in Export Policy of Personal Protection Equipments/Masks 

February 25, 2020 2886 Views 0 comment Print

The Notification No. 47 dated 08.02.2020 is amended to the extent that the items specified under Serial No. 1 to 10 above are allowed freely for export. However, export of all other Personal Protection Equipment including N-95 masks or other items not specified in the exceptions above, shall remain Prohibited.

Notification No. 17/2020-Csutoms (N.T.) dated 25th February, 2020

February 25, 2020 2193 Views 0 comment Print

Notification No. 17/2020-Csutoms (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. 17/2020-CUSTOMS (N.T.) New Delhi, 25th February, 2020 6 Phalguna, 1941 (SAKA) S.O. 855(E).:- In […]

Committee to study feasibility of allowing life insurers to offer indemnity based health policies

February 25, 2020 825 Views 0 comment Print

Representations have been received from Life Insurance Companies to allow them to offer indemnity products as well. 1. In order to examine the feasibility of allowing life insurers offer indemnity based health policies, the competent Authority has decided to set up a committee with the following members:

Mauritius included in FATF list of jurisdictions under increased monitoring

February 25, 2020 732 Views 0 comment Print

The Financial Action Task Force on February 21, 2020, has placed Mauritius in the list of ‘jurisdictions under increased monitoring’, commonly referred to as the ‘grey list’.

Delegation of authority for blocking of credits in Maharashtra

February 24, 2020 1044 Views 0 comment Print

State commissioner of  Maharashtra issues a Notification for Delegation of authority for blocking of credits  as per CGST Rule 86A.  Notification Authorises Deputy Commissioners, Assistant Commissioners and All state tax officers for blocking of credit. COMMISSIONER OF STATE TAX, MAHARASHTRA STATE GST Bhavan, Mazgaon, Mumbai 400 010, dated 24th January 2020 Order MAHARASHTRA GOODS AND […]

Draft Employees’ State Insurance (General) Amendment Regulations, 2020

February 24, 2020 3177 Views 0 comment Print

Employees State Insurance Corporation vide notification No. N-12/13/1/2016-P&D dated 24.01.2020 released the draft regulation on Employees’ State Insurance (General) Amendment Regulations, 2020 to further amend Employees’ State Insurance (General) Regulation, 1950. The Employees State Insurance Corporation proposes to make in exercise of the powers conferred by Section 97 of the Employees’ Insurance Act, 1948 (34 […]

Changes to Margin Framework for Cash & Derivatives segments

February 24, 2020 3444 Views 0 comment Print

The Extreme Loss Margin shall be 3.5% for any stock and 2% for ETFs that track broad based market indices and do not include ETFs which track sectoral indices.

Physical Submission of Audit Report in Form 704 for FY 2018-19

February 24, 2020 6276 Views 0 comment Print

The last date for electronic uploading of form e-704, for the financial year 2018-19, is 28th February, 2020 and the last date for submission of above documents is 09th March, 2020.

Transportation of goods to and from India through a foreign Territory

February 21, 2020 3009 Views 0 comment Print

The transportation of goods from one part of India to another through a foreign territory was hitherto covered by the Transportation of Goods (Through Foreign Territory) Regulations, 1965. Such movements were however uncommon and the regulations were not effectively used due to absence of bilateral arrangements with neighbouring countries.

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