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Notifications/Circulars

Extended Amnesty Scheme for Export Defaults by Advance & EPCG Holders

September 5, 2023 1596 Views 0 comment Print

An in-depth analysis of India’s extended Amnesty Scheme aimed at settling defaults in Export Obligations for Advance and EPCG Authorisation holders. Deadline extensions, procedural guidelines, and more.

MCA Imposes Penalty for Missing explanatory statement about Independent director appointment in EGM notice

September 5, 2023 780 Views 0 comment Print

MCA levies penalties due to EGM notice non-compliance. Exploring the United Telecoms Limited case, Section 152 violation, and the implications. Analysis and outcome.

IBBI penalises IP for wrong interpretation of IBC provisions & Charging excess fees

September 5, 2023 360 Views 0 comment Print

IBBI penalizes an Insolvency Professional (IP) for wrong interpretation of IBC provisions and charging excess fees. Details and implications.

Customs Duty Amendments for Textile Machinery Exemptions

September 5, 2023 1959 Views 0 comment Print

Notifications No. 52/2023-Customs Dated: 5th September, 2023, modifying duty exemptions on textile machinery. Analysis of changes & implications.

New format of Prospectus for Non-Convertible Debt Securities & Preference Shares

September 4, 2023 792 Views 0 comment Print

SEBI’s latest circular dated September 04, 2023, outlining new abridged prospectus formats for debt securities and non-convertible redeemable preference shares.

Change in Mode of Payment w.r.t. SEBI Investor Protection & Education Fund Bank A/c

September 4, 2023 915 Views 0 comment Print

Securities and Exchange Board of India (SEBI) has issued a new circular dated September 4, 2023, outlining important changes in the mode of payment with respect to the SEBI Investor Protection and Education Fund (IPEF). The circular aims to streamline the payment process, offering multiple payment options and ensuring greater ease for market participants. Context: The […]

India’s New Trade Policy: Export Credit for E-Commerce

September 4, 2023 819 Views 0 comment Print

Banking & financial institutions concerned are therefore encouraged to extend Pre-shipment and Post-shipment Export Credit and Packing Credit Loan in Foreign Currency (PCFC) to E-Commerce exports based on extant guidelines issued by RBI.

CBIC Chairman’s Weekly Update: Key Highlights for 04.09.2023

September 4, 2023 2706 Views 0 comment Print

Sanjay Kumar Agarwal, Chairman of CBIC, reviews the Mera Bill Mera Adhikaar Scheme, e-HRMS 2.0, and other initiatives. Learn the latest CBIC updates.

RBI Expands UPI to Include Pre-Sanctioned Credit Lines

September 4, 2023 714 Views 0 comment Print

Reserve Bank of India extends Unified Payments Interface (UPI) to include pre-sanctioned credit lines from Scheduled Commercial Banks.

Amendments to Central Excise Act’s territorial jurisdictions in Andhra Pradesh

September 4, 2023 774 Views 0 comment Print

Unpacking 2023 amendments to Central Excise Act’s territorial jurisdictions in Andhra Pradesh vide Notification No. 02/2023-Central Excise (N.T.)

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