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Notifications/Circulars

Automation of disclosure requirements under SEBI Takeover Regulations

March 7, 2022 3372 Views 0 comment Print

a. Triggering of disclosure requirement due to acquisition or disposal of the shares, as the case may be, by the acquirer together with persons acting in concert (PACs). b. Triggering of disclosure requirement in case the shares are held in physical form by the acquirer and/or PACs. c. Listed companies who have not provided PAN of promoter(s) including member(s) of the promoter group to the designated depository or companies which have not appointed any depository as their designated depository.

Govt amends import policy conditions of Drosophila melanogaster

March 7, 2022 1821 Views 0 comment Print

The Import of only ‘Drosophila melanogaster’ under ITC (HS) 01069000 is ‘Free’ subject to IBSC approval, as per the provisions of the ‘Revised Simplified Procedures/ Guidelines on Import, Export and Exchange of GE organisms and products thereof for R&D purpose’ notified by the Department of Biotechnology vide OM No. BT/BS/17/635/2015-PID dated 17.01.2020. The import of […]

Employees’ State Insurance (Central) Amendment Rules, 2022

March 7, 2022 6153 Views 0 comment Print

Provided also that in case of an insured woman who is in receipt of maternity benefit and due to reason of which a shorter contribution period is available to her in the contribution period in which the maternity benefit falls, she shall be qualified to claim sickness benefit in the corresponding benefit period if the contribution in respect of her was payable for not less than half the number of days available for working in such contribution period

NeGD allowed to perform Aadhaar authentication for DigiLocker

March 7, 2022 333 Views 0 comment Print

Ministry of Electronics and Information Technology notifies that the National e-Governance Division (NeGD) under Digital India Corporation is hereby allowed to perform Aadhaar authentication, on voluntary basis, for identification of residents in DigiLocker with effect from the date of publication of this notification in the official Gazette.

TNGST Act, 2017-conduct of test purchase – guidelines

March 7, 2022 12951 Views 0 comment Print

Section 67(12) of the TNGST Act 2017 states that, the Commissioner or an Officer authorised by him may cause purchase of any goods or services or both by any person authorised by him from the business premises of any taxable person, to check the issue of tax invoice or bills of supply by such taxable person and on return of goods so purchased by such officer, such taxable person or any person in charge of the business premises shall refund the amount so paid towards the goods after cancelling any tax invoice / bill of supply issued earlier.

Modus Operandi & Precautions to be taken against Fraudulent Transactions – Banks

March 7, 2022 6057 Views 0 comment Print

The Reserve Bank has today released a booklet, BE(A)WARE on the common modus operandi used by fraudsters and precautions to be taken while carrying out various financial transactions.

Last date extended for applications under MEIS, ROSCTL, ROSL

March 7, 2022 17214 Views 0 comment Print

Extension of MEIS / Ad-hoc Incentive Scheme / ROSCTL / ROSL The last date for submitting applications under MEIS (for exports made in the period – 01.04.2020 to 31.12.2020), ROSCTL, ROSL and 2% additional ad hoc incentive (under para 3.25 of FTP, only for exports made in the period 01.01.2020 to 31.03.2020) has been extended. […]

Investment Manager of SEBI registered AIF can provide investment management services to offshore fund

March 7, 2022 1554 Views 0 comment Print

Q1. Whether the Applicant which is already acting as the Investment Manager of the SEBI registered Alternative Investment Fund can provide investment management services to the offshore fund and Whether the Applicant is required to obtain registration as a Portfolio Manager under the SEBI (Portfolio Managers) Regulations, 2020, in order to provide investment management services […]

CGST Mumbai Zone smashed fake GST Input Tax Credit racket

March 5, 2022 4899 Views 1 comment Print

CGST Commissionerate, Raigad of CGST Mumbai Zone has smashed a racket of fake GST Input Tax Credit (ITC) involving fake invoices amounting to Rs. 70 Crore involving ITC of Rs. 13 Crore and has arrested the proprietor of a Kalamboli based firm, M/s. Zaid Enterprises.

Chartered Accountants (Amendment) Regulations, 2022

March 4, 2022 8076 Views 0 comment Print

These regulations may be called the Chartered Accountants (Amendment) Regulations, 2022. (2) They shall come into force on the date of their final publication in the Official Gazette.

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