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Notifications/Circulars

MCA imposes conditions for companies filing name removal application

May 10, 2023 2832 Views 0 comment Print

MCA has issued Companies (Removal of Names of Companies from the Register of Companies) Second Amendment Rules, 2023. Amendment introduces provisos to Rule 4 of the Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016. These provisos impose requirements on companies seeking to file removal applications, including the submission of overdue […]

SEBI allow stock exchanges to extend DMA facility to FPIs for participation in ETCDs

May 10, 2023 1047 Views 0 comment Print

To enabling DMA facility to FPIs in ETCDs SEBI decided to allow stock exchanges to extend DMA facility to FPIs for participation in ETCDs

Levy of charges on forex prepaid cards/store value cards/travel cards

May 9, 2023 1008 Views 0 comment Print

Few Authroised Persons are levying certain fees/charges, which are payable in India on such instruments, in foreign currency. It is advised that fees/charges payable in India have to be denominated and settled in Rupees only.

Formalisation of Informal Micro Enterprises on Udyam Assist Platform

May 9, 2023 1515 Views 0 comment Print

Government of India, vide Gazette Notification S.O. 1296(E) dated March 20, 2023, has specified that the certificate issued on the UAP to IMEs shall be treated at par with Udyam Registration Certificate for the purpose of availing Priority Sector Lending (PSL) benefits.

Appointment of CAA in respect of SCNs issued to M/s Shell India Markets Pvt. Ltd.

May 9, 2023 1644 Views 0 comment Print

Appointment of Common Adjudicating Authority in respect of SCNs issued to M/s Shell India Markets Pvt. Ltd. vide Order No. 08/2023-Services Tax Dated: 9th May, 2023. F.No. CBIC-110267/42/2023-CX-VIII SECTION-CBEC Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs CX & ST wing New Delhi Order No. 08/2023-Services Tax | […]

SEBI registered debenture trustees to register/ re-register in FINNET 2.0

May 9, 2023 657 Views 0 comment Print

SEBI registered debenture trustees are advised to register/ re-register themselves in FINNET 2.0 system of FIU-India as soon as possible.

RV to mention nature & sources of information relied during valuation: IBBI

May 9, 2023 237 Views 0 comment Print

IBBI notes that rule 8(3)(g) mandates an RV to mention the nature and sources of information relied upon during the valuation. Further, rule 8(3)(j) mandates the RV to mention major factors that were taken into account during the valuation. Therefore, the Authority finds that the factors considered by the RV during the valuation, and as […]

Status of operations at DR Site of Broker Dealers & Clearing Members registered with IFSCA

May 9, 2023 678 Views 0 comment Print

Operations carried out by the Broker Dealers and Clearing Members, from their respective DR sites located outside GIFT-IFSC and within India, shall be deemed to have been carried out at GIFT-IFSC.

Date extended for exercise of option by GTA to pay GST under forward charge

May 9, 2023 2439 Views 0 comment Print

CBIC amends notification No. 11/2017- Union Territory Tax (Rate) dated 28.06.2017 so as to to extend last date for exercise of option by GTA to pay GST under forward charge vide Notification No. 05/2023-Union Territory Tax (Rate) Dated: 09th May, 2023 Central Board of Indirect Taxes & Customs Government of India Ministry of Finance (Department […]

MCA imposes penalty for attaching wrong attachments with Form AoC-4

May 9, 2023 8814 Views 0 comment Print

On the examination of document submitted to ROC, it is observed that certifying professional had filed e form AOC-4 with wrong attachment

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