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Cross margining facility to off-setting positions in highly co-related equity indices

November 8, 2019 627 Views 0 comment Print

In order to facilitate efficient use of collateral by market participants, it has been decided to extend cross margining facility to off-setting positions in highly co-related equity indices.

Completion of time barring e-Assessment-regarding

November 8, 2019 2454 Views 0 comment Print

In view of the large number of pendency, there is a possibility of problems arising in computation and calculation of tax by system. In view of the large number of pendency, there is a possibility of bulk of the pending assessments being completed around the end of the time barring period. As you are aware, the computation and tax calculation process can be complex in certain cases which may cause delay in completion of accounting in the system.

TRQ & Procedure for import of Crude Soya Oil under India-Mercosur Trade Agreement

November 8, 2019 1191 Views 0 comment Print

TRQ for import of 30,000 MT of Crude Soya Oil from Paraguay under India-Mercosur Preferential Trade Agreement and Procedure for import of Crude Soya Oil (HS Code: 15071000) under India-Mercosur Trade Agreement are laid down vide Public Notice No. 42/2015-2020 Dated the 8th November, 2019 Government of India Ministry of Commerce & Industry Department of […]

Import Policy for Nano Category of Civil Remotely Piloted Aircraft (RPAs)

November 8, 2019 1908 Views 0 comment Print

Policy Condition for Nano Category of Civil Remotely Piloted Aircraft (RPAs) is laid down in sync with the Guidelines issued by the Directorate General of Civil Aviation vide F.No.05-13/2014-AED Vol.IV dated 27th August, 2018 and O.M. No.R-11017/05/2017-PP dated 27/09/2019 of WPC wing of Department of Telecommunications, Ministry of Communication.

CBIC notifies Rate of Exchange of Foreign Currencies wef 08.11.2019

November 7, 2019 1374 Views 0 comment Print

Customs Rate of Exchange of Foreign Currency Conversion w.e.f. 8th November, 2019 notified vide Notification No. 81/2019–Customs (N.T.) dated 7th November, 2019.

Scheme for Non-competitive Bidding Facility in Auction of State Development Loans

November 7, 2019 750 Views 0 comment Print

As part of the overall strategy of diversifying the investor base for SDLs, Reserve Bank of India has been taking various measures to encourage participation of retail investors in SDL market including introduction of non-competitive bidding in primary auctions.

Exposure Draft on Guidelines on Wellness and Preventive Features/Benefits

November 7, 2019 1062 Views 0 comment Print

In order to enhance the scope of services offered under wellness and preventive features/benefits of health insurance products, it is proposed to issue comprehensive guidelines on wellness and preventive features/benefits.

SEBI permits Creation of segregated portfolio in mutual fund schemes

November 7, 2019 1371 Views 1 comment Print

SEBI decided to permit creation of segregated portfolio of unrated debt or money market instruments by mutual fund schemes of an issuer that does not have any outstanding rated debt or money market instruments

RBI Report on Regulatory & Supervisory Framework for Core Investment Companies

November 6, 2019 2052 Views 0 comment Print

A Core Investment Company (CIC) is a Non-Banking Financial Company (NBFC) which carries on the business of acquisition of shares and securities and holds not less than 90% of its net assets in the form of investment in equity shares, preference shares, bonds, debentures, debt or loans in group companies. Further investments in equity shares in group companies constitutes not less than 60% of its net assets.

Safeguard investigation on imports of Single Mode Optical fibre

November 6, 2019 1440 Views 0 comment Print

Safeguard investigation concerning imports of Single Mode Optical fibre in to India – Preliminary Findings – Proceedings under Customs Tariff Act, 1975 and the Custom Tariff (identification and Assessment of Safeguard) Rules, 1997- Reg.

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