Notification No. 03 of 2019 Dated 19th August 2019- Selection grade (NFSG) to the 52 officers in the grade of Joint Commissioner of Income Tax. Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) New Delhi, the 19th August, 2019 28 Shravana 1940 (SAKA) NOTIFICATION NO. 03 OF 2019 The […]
TRQ quota for import of 30,000 MT of crude soya oil from Paraguay under India – Mercosur Trade Agreement is notified vide Public Notice No. 26/2015-2020 dated 19th August, 2019. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade PUBLIC NOTICE No. 26/2015-2020-DGFT NEW DELHI DATED 19th August, […]
It is common international practice for the upstream companies to buy (farm-in) and sale (farm-out) their PI in the PSC or similar contracts with the Government and thereby to share risk, bring new and niche expertise and technologies.
These rules may be called the Prevention of Money-laundering (Maintenance of Records) Third Amendment Rules, 2019. (2) They shall come into force on the date of their publication in the Official Gazette.
We advise that Sub-regulation (3) of Regulation 6 of the above Regulations, in terms of which a Company may accept deposits through issue of Commercial Paper (CP), has been reviewed vis-à-vis other Statutes/Regulations – notably Section 45 U(b) of RBI Act, 1934 describing CP as one of the Money Market Instruments and Section 2(c) of Companies (Acceptance of Deposits), Rules 2014 which excludes any amount received against issue of, inter alia, CPs from definition of deposits.
Sub-Committee of the Insolvency Law Committee (ILC) Government, vide order dated 16th August 2019, constituted a subcommittee of the Insolvency Law Committee (ILC) for the purpose of notifying Financial Services Providers (FSPs) under section 227 of the Insolvency and Bankruptcy Code, 2016 (Code), under the Chairmanship of Dr. M. S. Sahoo, Chairperson, IBBI. The sub-committee […]
Trustees/Asset Management Companies (AMCs) shall ensure that no funds of a scheme is parked in STD of a bank which has invested in that scheme. Trustees/AMCs shall also ensure that the bank in which a scheme has STD do not invest in the said scheme until the scheme has STD with such bank.
MCA notifies that Insolvency and Bankruptcy Code (Amendment) Act, 2019 comes into force from 16, August, 2019. GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS New Delhi, the 16, August, 2019. NOTIFICATION S.O. 2953(E).- In exercise of the powers conferred by sub-section (2) of section 1 of the Insolvency and Bankruptcy Code (Amendment) Act, 2019 (26 […]
You may recall that the Trade Circular No-25A of 2008 dated 22nd December, 2008 was issued to clarify the calculation of Cumulative Quantum of Benefits (CQB) on purchases used in manufacture of goods in respect of which set-off U/R 41F of BST Rules is admissible. The said Trade Circular stands withdrawn.
There is a demand from the trade that, some modifications are required in Sr. No. A.10 of the list of documents required for all types of registration in trade Circular No.20T of 2017 dated 16/06/2017.In the said column of Sr. No. A. 10, it is mentioned that In case of LICENSED commodities, license showing name of the licensee, period of license, signature, stamp and seal of competent authority issuing the said license (License should be in the name of proprietor, firm, company as the case may be.
