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Notifications/Circulars

IBBI suspends registration of IP for not taking custody & control of CD

May 11, 2022 1287 Views 0 comment Print

IBBI suspends the registration of Mr. Bhupesh Gupta for a period of 2 years for not taking the custody and control of the CD and for letting the suspended management to settle the insurance claims after the initiation of the CIRP of the CD. In this case, the director of the suspended board of CD […]

Govt removes anti-dumping duty imposed on Amoxycillin Trihydrate

May 11, 2022 423 Views 0 comment Print

Seeks to rescind Notification No. 21/2017- Customs (ADD) dated 16th May, 2017 to remove levy of ADD on Amoxycillin also known as Amoxycillin Trihydrate. Notification No. 13/2022-Customs (ADD) [G.S.R. 350(E).], Dated: 11.05.2022 MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 13/2022-Customs (ADD) | Dated: 11th May, 2022 G.S.R. 350(E).—In exercise of the powers […]

MSMED (Furnishing of Information) (Amendment) Rules, 2022

May 11, 2022 888 Views 0 comment Print

MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES NOTIFICATION New Delhi, the 11th May, 2022 G.S.R. 358(E).— In exercise of the powers conferred by clause (e) of sub-section (2) of section 29 of the Micro, Small and Medium Enterprises Development Act, 2006 (27 of 2006), the Central Government hereby makes the following amendments in the Micro, […]

CBDT Instruction on Implementing SC Judgment on Section 148 Notices

May 11, 2022 56769 Views 4 comments Print

CBDT issues Instruction No. 01/2022 regarding Implementation of Hon. Supreme Court’s Judgment in Union of India vs. Ashish Agrawal dated 04.05.2022 Instruction No. 01/2022 | Dated: 11th May, 2022 F. No 279/Misc./M-51/2022-ITJ Ministry of Finance Department of Revenue Central Board of Direct Taxes ITJ Section New Delhi Subject: Implementation of the judgment of the Hon’ble Supreme Court dated 04.05.2022 […]

Compulsory Income Tax Scrutiny criteria/Guideline for FY 2022-23

May 11, 2022 53280 Views 1 comment Print

CBDT Issues Guidelines for compulsory selection of Income Tax returns for Complete Scrutiny during the Financial Year 2022-23 and procedure for compulsory selection in such cases vide Instruction No. F.No.225/ 81/2022/ITA-II Dated: 11th May, 2022. CBDT notifies Scrutiny criteria/Guideline for following parameters for compulsory selection of returns for Complete Scrutiny-  1. Cases pertaining to survey […]

IRDAI dispenses with hard copy submission of Actuarial & reinsurance returns

May 11, 2022 477 Views 0 comment Print

Insurers are not required to submit hard copies of any reports, returns or other documents related to actuarial valuation or reinsurance to IRDAI Head Office. Instead, PDF and Excel copies of the documents are to be sent to the following email IDs:

New functionalities deployed on GST Portal – Oct 2020 to Mar 2022

May 11, 2022 1716 Views 0 comment Print

Module wise new functionalities deployed on the GST Portal for taxpayers between October 2020 to March 2022. Module wise new functionalities deployed on the GST Portal for taxpayers 10/05/2022 Various new functionalities are implemented on the GST Portal, from time to time, for GST stakeholders. These functionalities pertain to different modules such as Registration, Returns, […]

SEBI (Collective Investment Schemes) (Amendment) Regulations, 2022

May 10, 2022 1167 Views 0 comment Print

1. These regulations may be called the Securities and Exchange Board of India (Collective Investment Schemes) (Amendment) Regulations, 2022. 2. They shall come into force on the date of their publication in the Official Gazette:

Grant of recognition to NDML as an Accreditation Agency

May 10, 2022 579 Views 0 comment Print

Grant of recognition to NSDL Database Management Limited (NDML) as an Accreditation Agency- Pursuant to SEBI Circular dated August 26, 2021 on modalities for implementation of the framework for Accredited Investors, applications have been received from entities for recognition as Accreditation Agency, which shall issue Accreditation certificate to the investors seeking accreditation.

Changes to Framework to Enable Verification of Upfront Collection of Margins from Clients in Cash and Derivatives segments

May 10, 2022 672 Views 0 comment Print

There shall be no change in methodology of determination and collection of End of Day (EOD) margin obligation of the client. Also, there shall be no change in the provisions relating to collection and reporting of margins in cash segment.

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