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Notifications/Circulars

Introduction of Special Situation Funds as a sub-category under Category I AIFs

January 27, 2022 1095 Views 0 comment Print

(a) Each scheme of SSF shall have a corpus of at least one hundred crore rupees. (b) SSF shall accept an investment of value not less than ten crore rupees from an investor. In case of an accredited investor, the SSF shall accept an investment of value not less than five crore rupees. Further, in case of investors who are employees or directors of the SSF or employees or directors of the manager of the SSF, the minimum value of investment shall be twenty-five lakh rupees.

Telecommunication Tariff (Sixty Sixth Amendment) Order, 2022

January 27, 2022 450 Views 0 comment Print

TRAI Authority may notify different rates for different persons or class of persons for similar telecommunication services and where different rates are fixed as aforesaid the Authority shall record the reason therefor

Interest calculator in GSTR-3B is now live on GST Portal

January 26, 2022 12180 Views 1 comment Print

Deployment of Interest Calculator in GSTR-3B 1. The new functionality of interest calculator in GSTR-3B is now live on the GST Poral. 2. This functionality will facilitate & assist the taxpayers in doing self-assessment. This functionality will arrive at the system computed interest on the basis of the tax liability values declared by the taxpayers, […]

Issuance of Securities in dematerialized form in case of Investor Service  Requests

January 25, 2022 9621 Views 1 comment Print

As an on-going measure to enhance ease of dealing in securities markets by investors, it has been decided that listed companies shall henceforth issue the securities in dematerialized form only (vide Gazette Notification no. SEBI/LAD-NRO/GN/2022/66 dated January 24, 2022) while processing the following service request.

Merger of PMC bank with Unity Small Finance Bank ltd Approved

January 25, 2022 8037 Views 0 comment Print

(1) This Scheme may be called the Punjab and Maharashtra Co-operative Bank Limited (Amalgamation with Unity Small Finance Bank Limited) Scheme, 2022. (2) It shall come into force on 25th day of January, 2022.

Setting up of CRU at central location, and CRU Email address for each Commissionerate of Mumbai Customs Zone-II

January 25, 2022 2217 Views 0 comment Print

Correspondence or dak in physical form may be delivered by Post, Courier, special messenger, or officers from other formations themselves. The correspondence may be received from the trade (importers, exporters), trade bodies, stakeholders such as Customs Brokers, shipping lines, custodians, from other Commissionerates, Directorates of the CBIC, other Government Departments, departmental officers, third parties etc. It is highlighted that any kind of physical documents shall invariably be submitted to the said CRU Section which shall receive and duly acknowledge the same.

Notification No. 11/2022-Income Tax [S.O. 345(E)], Dated: 25.01.2022

January 25, 2022 1146 Views 0 comment Print

The earnings of the assessee shall be credited either to the account of the Government of Abu Dhabi or to any other account designated by that Government so that no portion of the earnings inures to any private person barring any payment made to creditors or depositors for loan or borrowing [as defined in sub-clause (a) of clause (ii) of Explanation 2 to clause (23FE) of section 10 of the Act] taken for the purposes other than for making investment in India;

Food Safety and Standards (Packaging) First Amendment Regulations, 2022

January 25, 2022 2124 Views 0 comment Print

(1) These regulations may be called the Food Safety and Standards (Packaging) First Amendment Regulations, 2022. (2) They shall come into force on the date of their publication in the official Gazette.

Guideline for Enhancement of Competitiveness in Indian Capital Goods Sector

January 25, 2022 1416 Views 0 comment Print

The objective of Phase II of the ―Scheme for Enhancement of Competitiveness of the Capital Goods Sector‖ is to expand and enlarge the impact created by Phase I pilot scheme, thereby providing greater impetus through creation of a strong and globally competitive capital goods sector that contributes at least 25% to the manufacturing sector.

SEBI (Mutual Funds) (Amendment) Regulations, 2022

January 25, 2022 3003 Views 0 comment Print

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

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