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Liquidity facilities under revised Liquidity Management Framework

February 6, 2020 933 Views 0 comment Print

The revised Liquidity Management Framework has been announced in the Statement of Developmental and Regulatory Policies on February 06, 2020. Accordingly, RBI liquidity facilities under the revised Liquidity Management Framework would be as under:

Export of Krishnapuram Onions upto 10,000 MT allowed for period upto 31.03.2020

February 6, 2020 906 Views 0 comment Print

Export of Krishnapuram Onions (Serial Number 52 of Chapter 7 of Schedule 2 of ITC (HS) classification of Export & Import Items), upto a quantity of 10,000 MT has been allowed for the period upto 31st March, 2020, with immediate effect.

Streamlining export data to include District level details in Shipping Bills–reg

February 5, 2020 1740 Views 0 comment Print

With effect from 15.02.2020, apart from the data/ information required to be furnished in the present electronic form of electronic integrated declaration mentioned in Regulation 3 of Shipping Bill (Electronic Integrated Declaration and Paperless Processing) Regulations 2019 , the following additional information will be required to be furnished for every item in the Shipping Bill

Direct Tax Vivad se Vishwas Bill, 2020- Introduced in Lok Sabha

February 5, 2020 20454 Views 0 comment Print

It is, therefore, proposed to introduce The Direct Tax Vivad se Vishwas Bill, 2020 for dispute resolution related to direct taxes, which, inter alia, provides for the following, namely: (a) The provisions of the Bill shall be applicable to appeals filed by taxpayers or the Government, which are pending with the Commissioner (Appeals), Income tax Appellate Tribunal, High Court or Supreme Court as on the 31st day of January, 2020 irrespective of whether demand in such cases is pending or has been paid;

Reg. Transhipment of Export Cargo from Bangladesh to third countries through LCS

February 5, 2020 819 Views 0 comment Print

Procedure for a Pilot on Transhipment of Export Cargo from Bangladesh to third countries through Land Customs Stations (LCSs) to Kolkata Port / Airport, in containers or closed bodied trucks — Reg.

Custom procedure of inspection/appraisement of second hand machinery

February 5, 2020 16221 Views 1 comment Print

All imports of second hand machinery/used capital goods shall be ordinarily accompanied by an inspection/appraisement report issued by an overseas Chartered Engineer or equivalent, prepared upon examination of the goods at the place of sale.

SEBI (Issuing Observations On Draft Offer Documents Pending Regulatory Actions) Order, 2020

February 5, 2020 1728 Views 0 comment Print

This General Order may be called the Securities and Exchange Board of India (Issuing Observations on Draft Offer Documents Pending Regulatory Actions) Order, 2020 and shall come into force with immediate effect.

Interest Subvention Scheme for MSMEs -Operational guidelines amended

February 5, 2020 3138 Views 1 comment Print

Reserve Bank of India RBI/2019-20/155 FIDD.CO.MSME.BC.No.17/06.02.031/2019-20 February 5, 2020 The Chairman / Managing Director & CEOs All Scheduled Commercial Banks (including Regional Rural Banks) Madam / Dear Sir, Interest Subvention Scheme for MSMEs Please refer to the operational guidelines for the captioned scheme contained in circular on ‘Interest Subvention Scheme for MSMEs’ issued vide FIDD.CO.MSME.BC.No.14/06.02.031/2018-19 […]

Disclosure Standards for Alternative Investment Funds (AIFs)

February 5, 2020 3276 Views 0 comment Print

Considering inputs from public consultation and deliberations in Alternative Investment Policy Advisory Committee (AIPAC), it has been decided to introduce template(s) for PPM, subject to certain exemptions, and mandatory performance benchmarking for AIFs with provisions for additional customized performance reporting.

PFRDA (Pension Fund) (Second Amendment) Regulations, 2020

February 4, 2020 1269 Views 0 comment Print

1. These regulations may be called the Pension Fund Regulatory and Development Authority (Pension Fund) (Second Amendment) Regulations, 2020. 2. These shall come into force on the date of their publication in the official gazette.

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