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Notifications/Circulars

Issuance of Debit Cards by IFSC Banking Units (IBUs)

August 25, 2022 510 Views 0 comment Print

i. IBUs may issue Debit cards to their customers holding a Current or Savings account with them. ii. Withdrawal of cash in IFSC, using Debit cards issued by IBUs, is not permitted. Withdrawal of cash using Debit cards issued by IBUs, in jurisdictions outside IFSC, is permitted subject to the rules and regulations of the said jurisdiction.

Import Policy of Artemia Cyst amended to Free from Restricted

August 25, 2022 465 Views 0 comment Print

The import policy of artemia cyst under ITC (HS) 05119140 is revised from ‘Restricted’ to ‘Free’ vide Notification No. 28/2015-2020 | Dated 25th August, 2022.  Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade New Delhi Notification No. 28/2015-2020 | Dated 25th August, 2022 Subject: – Amendment in Import […]

AMCs shall ensure scheme wise disclosure of investments: SEBI

August 25, 2022 474 Views 0 comment Print

Securities and Exchange Board of India Circular No. SEBI/HO/IMD/DOF2/P/CIR/2022/111 | Dated: August 25, 2022 To All Mutual Funds/ All Asset Management Companies (AMCs)/ All Trustee Companies/ Boards of Trustees of Mutual Funds/ Association of Mutual Funds in India (AMFI) Dear Sir/ Madam, Subject: Disclosure requirement for Asset Management Companies (AMCs) 1. SEBI has amended the definition […]

IBBI directs IP to ensure full compliance with IBC, 2016

August 25, 2022 393 Views 0 comment Print

It is observed in the 22nd CoC meeting that, the CoC members requested Mr. Dinkar to conduct a fresh valuation to be able to evaluate the bids being received more accurately given that the existing valuation exercise reflects value of the Corporate Debtor as on CIRP initiation date i.e 24-Jul-17. The DC notes that the […]

Gangavaram Port Designated as Customs Port for Unloading & Loading of Goods

August 24, 2022 363 Views 0 comment Print

CBIC issued Notification No. 01/2022 (Customs) (NT) (VSP) on August 24, 2022, declaring Berth No.: 9 at Gangavaram Port as a proper place for unloading imported goods and loading export goods, including empty containers and containerized goods. This amendment expands the customs area at Gangavaram Port, facilitating smoother import and export operations. Read more for a detailed analysis of the notification and its implications.

Companies (Removal of Names of Companies from Register of Companies) Second Amendment Rules, 2022

August 24, 2022 3021 Views 0 comment Print

These rules may be called Companies (Removal of Names of Companies from the Register of Companies) Second Amendment Rules, 2022.

CBDT notifies Andhra Pradesh Pollution Control Board under Section 10(46)

August 24, 2022 816 Views 0 comment Print

CBDT notifies Andhra Pradesh Pollution Control Board under Section 10(46) of income Tax Act, 1961 vide Notification No. 103/2022-Income Tax | Dated: 24.08.2022. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 103/2022-Income Tax | Dated: 24.08.2022 S.O. 4001(E).—In exercise of the powers conferred by clause (46) of section […]

Rajasthan GST: SOP for write-off of irrecoverable outstanding demands

August 24, 2022 2268 Views 0 comment Print

The cases for write-off shall be initiated after adequate steps for recovery of demand have been undertaken. The foremost task for recovery of outstanding demand is the identification of movable or immovable property of a defaulter that can be attached and sold for recovery of outstanding demand(s).

RBI lifts business restrictions imposed on American Express Banking Corp

August 24, 2022 291 Views 0 comment Print

RBI lifts business restrictions imposed on American Express Banking Corp In view of the satisfactory compliance demonstrated by it

Panipat Exporters Association enlisted for issuing Certificate of Origin (Non Preferential)

August 23, 2022 1515 Views 0 comment Print

Panipat Exporters Association (PEA), Panipat is enlisted under Appendix 2E of FTP, 2015-20 for issuing Certificate of Origin (Non Preferential). Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi Public Notice No. 22/2015-2020 | Dated: 23rd August, 2022 Subject: Enlistment of an Agency under […]

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