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Notifications/Circulars

IFSCA (Registration of Insurance Business) (Amendment) Regulations, 2021

January 4, 2022 1335 Views 0 comment Print

Provide a certificate from a practicing Chartered Accountant in India, a practicing Company Secretary in India, a practicing Cost Accountant in India or any other person with appropriate qualification, as specified by the Authority, certifying that all the requirements of the Act read with IFSCA (Registration of Insurance Business) Regulations, 2021 and notifications issued under section 2CA of the Act have been complied with by the Applicant.

Govt. sets up control room to monitor uninterrupted flow of goods & essential commodities

January 4, 2022 645 Views 0 comment Print

Govt. sets up control room to monitor uninterrupted flow of goods & essential commodities. Ensuring people’s comfort & supporting businesses as states & UTs take steps to check Covid spread. Government  help desk details: +91 11 23063554, 23060625 [email protected] No. F – 12016/1/2021 -Estt. NG Government of India Ministry of Commerce and Industry Department for […]

Govt delegates powers under Section 132(11) of Companies Act to NFRA for appointment of certain posts

January 4, 2022 1248 Views 0 comment Print

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 4th January, 2022 S.O. 35(E).—In exercise of the powers conferred by sub-section (1) of section 458 of the Companies Act, 2013 (18 of 2013), the Central Government hereby delegates its powers under sub-section (11) of section 132 of the said Act to the National Financial Reporting Authority […]

Rule 9(1A) of PML (Maintenance of Records) Rules, 2005 not applicable to FPI

January 4, 2022 4038 Views 0 comment Print

Govt notifies that Rule 9(1A) of Prevention of Money-laundering (PML) (Maintenance of Records) Rules, 2005 shall not be applicable to Foreign Portfolio Investor (FPI) MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 4th January, 2022 G.S.R. 5(E).—In exercise of the powers conferred by sub-clause (i) of clause (h) of sub-rule (2) of rule […]

Govt Permits ‘PNB Housing Finance’ to Perform Aadhaar authentication

January 4, 2022 546 Views 0 comment Print

Govt Permits ‘PNB Housing Finance Limited’ to perform authentication under the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 for the purposes of section 11A of the Prevention of Money-laundering Act, 2002. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 4th January, 2022 S.O. 37(E).—In exercise of the […]

Delhi imposes Weekend Curfew on movement of individuals in NCT of Delhi

January 4, 2022 12423 Views 0 comment Print

There shall be Weekend Curfew on movement of individuals in NCT of Delhi from 10 PM of Friday till 5 AM of subsequent Monday. Transportation by Delhi Metro shall be allowed with 100% of the seating capacity. Standing passengers are not allowed.

Reporting of supplies by E-commerce Operator in GSTR-3B

January 4, 2022 13539 Views 0 comment Print

As per the GST Council decision to notify ‘Restaurant Service’ under section 9(5) of the CGST Act, 2017 along with other services notified earlier such as motor cabs, accommodation and housekeeping services wherein the tax on such supplies would be paid by electronic commerce operator if such supplies made through it

Schemes of Arrangement by Listed Entities – Clarification w.r.t. submission of NOC

January 3, 2022 1323 Views 0 comment Print

NOC shall be submitted before the receipt of the No-objection letter from stock exchange in terms of Regulation 37(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

SEBI amends Exercise Mechanism of option contracts on commodity futures

January 3, 2022 573 Views 0 comment Print

On expiry, following mechanism shall be adopted by Exchanges for exercise of the options contracts: All In the money (ITM) option contracts shall be exercised automatically, unless ‘contrary instruction’ has been given by long position holders of such contracts for not doing so.

Insurance policies covering Covid-19 also cover Omicron variant of Covid-19

January 3, 2022 702 Views 0 comment Print

IRDAI clarified that all health insurance policies issued by all general and health insurance companies that cover treatment costs of Covid-19 also cover the costs of treatment towards Omicron variant of Covid-19 as per terms and conditions of policy contract.

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