The requirement to submit quarterly ALM returns regarding Asset Liability Management and Stress Testing (for life insurers) is dispensed with, except for Domestic Systemically Important Insurers.
GSTR-1 enhancements & improvements : 1. The statement of outward supplies in FORM GSTR-1 is to be furnished by all normal taxpayers on a monthly or quarterly basis, as applicable. Quarterly GSTR-1 filers have also been provided with an optionalInvoice Furnishing Facility (IFF) for reporting their outward supplies to registered persons (B2B supplies) in the […]
Section 47 of Income Tax Act, 1961 deals with transfers which are not regarded as transfer under Income Tax and vide Notification No. 46/2022-Income Tax | Dated: 27th April, 2022 notified list of 150 Countries for clauses (viiac) and (viiad) of section 47 of the Income-tax Act, 1961. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD […]
it is informed that the transition period for mandatory filing of applications for Non-Preferential Certificate of Origin through the e-CoO Platform has been further extended till 01st August 2022.
This framework shall apply to all eligible Domestic or Foreign entities, desirous of obtaining authorization as FinTech Entity (FE) from International Financial Services Centres Authority (IFSCA), for participating in or undertaking one or more of the permissible activities under this framework.
Companies which are identified as Large Corporate under above mentioned SEBI Circular are required to file the Initial Disclosure through Annexure A as well as Annual Disclosure through Annexure B1 for Financial Year 2020 and 2021.
MCA notifies Companies (Registration of Charges) Amendment Rules, 2022 and inserted sub-rule (5), which is as follows:- (5) Nothing contained in this rule shall apply to any charge equired to be created or modified by a banking company under section 77 in favour of the Reserve Bank of India when any loan or advance has […]
SEBI notifies Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2022 vide Notification No. F. No. SEBI/LAD-NRO/GN/2022/82 Dated: 27th April, 2022. SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 27th April, 2022 SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) (SECOND AMENDMENT) REGULATIONS, […]
CBIC amends Notification No.12/97-Customs(N.T.), dated the 2nd April, 1997 vide Notification No. 35/2022-Customs (N.T.), Dated: 26.04.2022. MINISTRY OF FINANCE (Department of Revenue) (Central Board of Indirect Taxes and Customs) New Delhi, the 26th April, 2022 Notification No. 35/2022-Customs (N.T.) G.S.R. 318(E).—In exercise of the powers conferred by clause (aa) of sub-section (1) of section 7 […]
It is hereby notified that the suspension of trading in the following securities will be revoked w.e.f. April 27, 2022 based on confirmation submitted by UTI Asset Management Company Limited regarding continuation of the scheme post closure of STP (Specified Transaction Period).
