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Notifications/Circulars

SEBI Master Circular for Infrastructure Investment Trusts (InvITs) – July 2023

July 6, 2023 2055 Views 0 comment Print

Stay updated with SEBI Master Circular for Infrastructure Investment Trusts (InvITs) issued in July 2023. Access all applicable circulars in one place and ensure compliance with regulations.

SEBI Master Circular for Debenture Trustees – March 2023 (Updated)

July 6, 2023 3948 Views 0 comment Print

Stay updated with the Securities and Exchange Board of India (SEBI) Master Circular for Debenture Trustees issued in March 2023. Access all applicable circulars in one place and ensure compliance with regulations. Read the full text on the SEBI website.

Guidelines for issuance of Summons under Section 70 of Karnataka GST

July 6, 2023 1233 Views 0 comment Print

Explore the guidelines for issuing summons under Section 70 of the Karnataka Goods and Services Tax Act. Understand obligations rights, and key provisions.

SOP for conduct of Search & Seizure under Section 67(2) of Karnataka GST

July 6, 2023 1347 Views 0 comment Print

Discover the 2023 search and seizure procedure under the Karnataka Goods and Services Tax Act. Learn about the SOP, conditions, and post-search steps

IFSCA (Banking) (Amendment) Regulations, 2023

July 6, 2023 1347 Views 0 comment Print

Read the International Financial Services Centres Authority (Banking) (Amendment) Regulations, 2023 issued by the IFSCA. Stay updated on the latest amendments and provisions for banking units in IFSCs.

IBBI Caution IP: Liquidation Value Discrepancies & Representation Matters

July 6, 2023 597 Views 0 comment Print

ead the Order by the Insolvency and Bankruptcy Board of India (Disciplinary Committee) cautioning an Insolvency Professional regarding liquidation value discrepancies and the need to be careful in representing matters before AA and NCLAT. Disciplinary Committee concludes that if there were factual discrepancies affecting the distribution of the resolution plan, Mr. Pramod Kumar Sharma should have filed an application before the Hon’ble NCLAT for rectification. The Committee advises Mr. Sharma to exercise caution when representing matters before AA and Hon’ble NCLAT.

Exchange Rates for Imported & Exported Goods with effect from 07th July, 2023

July 6, 2023 3048 Views 0 comment Print

CBIC released latest notification (No. 50/2023 -Customs) announcing the updated exchange rates for foreign currencies concerning imported and exported goods. This article provides the revised exchange rates for various currencies and their equivalent values in Indian rupees. Stay informed about the current exchange rates to ensure accurate financial transactions and compliance with customs regulations.

Preventing Flow of Suspicious Items During Elections: CBIC SOP

July 6, 2023 1536 Views 0 comment Print

Read the CBIC’s standard operating procedure (SOP) to prevent the flow of suspicious cash, illicit liquor, drugs/narcotics, freebies, and smuggled goods during elections. Learn how coordination among law enforcement agencies ensures fair elections.

Income tax Circular No. 11 of 2023- Corrigenda Circular No. 10 of 2023

July 6, 2023 2799 Views 0 comment Print

Circular No. 11 of 2023 issued by the Government of India Ministry of Finance provides corrigenda to Circular No. 10 of 2023. The corrigenda rectify certain references in the circular related to section 206C of the Income Tax Act.

Notification No. 47/2023- Income Tax | Dated: 6th July, 2023

July 6, 2023 3426 Views 0 comment Print

The Ministry of Finance, Department of Revenue, Central Board of Direct Taxes has issued Notification No. 47/2023, bringing further amendments to the Income Tax Act 1961. These amendments have been made in exercise of the powers conferred by sub-sections (1) and (2) of section 120 of the Income-tax Act. The notification replaces a specific row […]

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