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Trading Hours on Stock Exchanges

May 4, 2018 972 Views 0 comment Print

Pursuant to the approval of the SEBI Board, in its meeting held on December 28, 2017, Stock Exchanges have been permitted to trade commodity derivatives along with other segments of securities market effective from October 01, 2018.

SEBI Issues Consultation Paper on“Review of SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2009″

May 4, 2018 1605 Views 0 comment Print

SEBI has placed a Consultation Paper on Review of SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2009 on the website for public comments. Comments are invited on the Consultation Paper latest by May 25,2018.

Expedite process of approval of GST Practitioners: CBEC Chairman

May 4, 2018 1137 Views 0 comment Print

I would also urge the officers to expedite the process of approval of GST Practitioners. A proactive approach in facilitating the enrolment and helping the applicants, in case they have committed any bona fide mistakes while making application, will only further our cause of achieving a trade-friendly image for the department.

Import policy of Urad & Moong in split & others forms amended

May 4, 2018 1386 Views 0 comment Print

Import policy of urad and moong in split & others forms under EXIM Codes: 0713 90 10 and 0713 90 90 are also restricted in addition to urad and moong under HS: 0713 31 00 with annual import quota of 3 lIkh MT for all.

Applicability of Place of Provision Rules to software development & services

May 4, 2018 10332 Views 0 comment Print

Applicability of the Place of Provision of Services Rules, 2012 (POPS) to development of software and services on software- place of provision has to be determined in case of development, design, programming, customisation, adaptation, upgradation, enhancement, implementation of information technology software.

Transfer and posting of 196 Income Tax Officer

May 4, 2018 4758 Views 0 comment Print

ORDER 3 of 2018- Sub : Establishment –Gazetted Group ‘B’ – Transfer and posting of Income Tax Officers– AGT-2018- Regarding – The transfer and posting of the following Income Tax Officers are hereby ordered with immediate effect

IBBI suspends an insolvency professional for charging very high fees

May 3, 2018 7518 Views 0 comment Print

The fee (Rs.13.75 crore comprising IRP fee of Rs. 5 crore for the first one month and RP fee @ Rs.1.75 crore for five subsequent months) contracted by Ms. Ruia is exorbitant and not reasonable reflection of work to be done by her. It is unreasonable by any standard – in relation to the compensation […]

President assents Ordinance for Speedy Disposal of Commercial Disputes 

May 3, 2018 1152 Views 0 comment Print

Hon’ble President has given his assent to Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts (Amendment) Ordinance, 2018 on 03rd May 2018. The ) Ordinance seeks to achieve the following objectives: The Ordinance brings down the specified value of a commercial dispute to 3 Lakhs from the present one Crore: Therefore, commercial […]

EPFO: Reg. Defaulting Establishments mandated for inspection

May 3, 2018 7002 Views 0 comment Print

(1) The following categories of establishments are mandated for inspection without referring/seeking permission for inspection from CAIU, Head Office : (a) List of establishments generated through Shram Suvidha Portal of Ministry of Labour & Employment, Government of India for inspection.

Action to Be Taken In Case Of Non-Compliances with SEBI Listing Regulations with SOP

May 3, 2018 7662 Views 1 comment Print

Non-compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Standard Operating Procedure for suspension and revocation of trading of specified securities.

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