The new dispensation is coming into effect from 01.11.2019, after which the declaration of SIMS registration number and Expiry date will become mandatory in the Bills of Entry filed for the goods as specified in the notification.
Revision of Guidelines for Cash Awards for winning medals/civilian Awards in Sports and financial assistance, for participation in Sports events/ competitions) to the departmental officials
SEBI issues Operational guidelines for foreign Portfolio Investors (FPIs), Designated Depository Participants DDPs) and Eligible Foreign Investors (EFIs) to facilitate implementation of SEBI (Foreign Portfolio Investors) Regulations, 2019.
CBIC directs that no search authorization, summons, arrest memo, inspection notices and letters issued in the course of any enquiry shall be issued by any officer under the Board to a taxpayer or any other person, on or after the 8th day of November, 2019 without a computer-generated Document Identification Number (DIN) being duly quoted prominently in the body of such communication
CRAs shall meet the audit committee of the rated entity, at least once in a year, to discuss issues including related party transactions, internal financial control and other material disclosures made by the management, which have a bearing on rating of the listed NCDs.
In order to strengthen and raise the standard of the Asset Liability Management (ALM) framework applicable to NBFCs, it has been decided to revise the extant guidelines on liquidity risk management for NBFCs.
The compensation practices, especially of large financial institutions, were one of the important factors which contributed to the global financial crisis in 2008. Employees were often rewarded for increasing short-term profit without adequate recognition of the risks and long-term consequences that their activities posed to the organisations.
In addition to other existing policy conditions, export of Rice (Basmati and Non – Basmati) to European Union Countries will require ‘Certificate of Inspection’ from EIC/EIA with immediate effect.
Discussion Paper on Corporate Insolvency Resolution Process deals with two issues, namely, essential supplies and the fee payable to insolvency professionals (IPs) in a corporate insolvency resolution process (CIRP).
Discussion Paper on Corporate Liquidation Process discusses two issues relating to liquidation process under the Insolvency and Bankruptcy Code, 2016 (Code).
