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Notifications/Circulars

SEBI Reviews provisions pertaining to Electronic Book Provider platform

October 10, 2022 1368 Views 0 comment Print

SEBI has received representations from various market participants, requesting for review of the provisions pertaining to EBP platform, in order to address the issues of ‘fastest finger first’ (viz. allotment based on time priority in bidding for issuances with fixed parameters), certain bidders not getting allocations despite having worked on the issuance pre-listing, high ratio of green shoe to base issue size, limits on arrangers placing bids on behalf of clients, etc.

Tariff Notification No. 88/2022-Customs (N.T.) | Dated: 10th October, 2022

October 10, 2022 1329 Views 0 comment Print

Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver – Notification No. 88/2022-Customs (N.T.) |Dated: 10th October, 2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi Notification No. 88/2022-Customs (N.T.) |Dated: 10th October, 2022 S.O. 4814(E).—In exercise of the powers conferred by sub-section (2) […]

MCA imposes penalty of Rs. 4.50 Lakh for violation of section 134

October 10, 2022 2766 Views 0 comment Print

Order for Penalty of Rs. 4.50 lakh under Section 454 for violation of Section 134 of the Companies Act, 2013 read with the Companies (Adjudication of Penalties) Rules, 2014

MCA imposes 3.5 Lakh Penalty for not annexing notes to financial statements

October 10, 2022 837 Views 0 comment Print

Sub-section (8) provides that if a company is in default in complying with the provisions of this section, the company shall be liable to a penalty of three lakh rupees and every officer of the company who is in default shall be liable to a penalty of fifty thousand rupees.

NSE seek comment on XBEL Format for Outcome of Board Meeting – Dividend, Buyback, Bonus shares & Voluntary delisting

October 10, 2022 543 Views 0 comment Print

Seeking of comments / feedback on the XBRL being introduced for submission of Announcements pertaining to Outcome of Board Meeting (Dividend, Buyback, Bonus shares and Voluntary Delisting)

Export of Wheat Flour (Atta) allowed against Advance Authorization

October 9, 2022 570 Views 0 comment Print

The Notification No. 30/2015-20 dated 27.08.2022 is amended to the extent that Export of Wheat Flour (Atta) will be allowed against Advance Authorization, and by Export Oriented Units (EOUs) and units in SEZs, to be produced from imported wheat and without procurement of domestic wheat and subject to conditions as specified. Government of India Ministry […]

RBI issues Concept Note on Central Bank Digital Currency

October 7, 2022 3372 Views 0 comment Print

Concept Note on Central Bank Digital Currency (CBDC) for India create awareness about CBDCs in general and the planned features of the Digital Rupee (e₹), in particular. It explains the objectives, choices, benefits, and risks of issuing a CBDC in India. The Note also seeks to explain Reserve Bank’s approach towards introduction of the CBDC.

Income-tax (Thirty Third Amendment) Rules, 2022- Amends Rule 114F

October 7, 2022 11337 Views 0 comment Print

CBDT notifies Income-tax (Thirty Third Amendment) Rules, 2022 vide Notification No.112/2022-Income Tax | Dated 7th October, 2022 and amended Income Tax Rule 114F. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No.112/2022-Income Tax | Dated 7th October, 2022 G.S.R. 769(E).—In exercise of the powers conferred by section 285BA read with […]

Amendment in Import Policy Condition of Fresh (green) Areca Nut from Bhutan

October 7, 2022 714 Views 0 comment Print

Fresh (green) Areca Nut, is a prohibited item in the absence of the compliance to the policy conditions stipulated therein, the Kolkata Customs Zone may devise an appropriate mechanism for registration of Registration Certificate (RC), debit / utilisation of the quantity in the RC, monitoring validity of the RC, and an overall monitoring mechanism for the effective implementation of the revised policy stipulation.

Assessee filed ST-3 return on or before 30.6.2019 and paid tax dues in full before filing application – SVLDR benefit eligible

October 6, 2022 1674 Views 0 comment Print

In cases where assessee has filed ST-3 return on or before 30.6.2019 and has paid the tax dues in full before filing application, declarant is eligible to avail benefit of SVLDR scheme for waiver of interest.

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