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Notifications/Circulars

Exchange Rate Notification No. 64/2023-Cus (NT) dated 06.09.2023

September 6, 2023 34218 Views 0 comment Print

India’s Ministry of Finance issued Notification No. 64/2023-Cus (NT) updating exchange rates effective from Sept 7, 2023. Understand changes and their impact on imports and exports.

Govt Approves Aadhaar Authentication by 3 Firms for Section 11A of Money-laundering Act

September 6, 2023 1182 Views 0 comment Print

Indian government has permitted Fedbank Financial Services, Amrit Malwa Capital, and Nissan Renault Financial Services to perform Aadhaar authentication under Section 11A of the Money-laundering Act.

CBIC’s New GST Rules: Valuation in Online Gaming & Casinos

September 6, 2023 5130 Views 0 comment Print

CBIC’s latest GST amendments on valuing online gaming & casino transactions. Learn about Rule 31B & Rule 31C and their impact on industry.

Hallmarking of Gold Jewellery and Gold Artefacts (Third Amendment) Order 2023

September 6, 2023 978 Views 0 comment Print

A deep dive into the Hallmarking of Gold Jewellery and Gold Artefacts (Third Amendment) Order, 2023. Understand what changes this brings and how it affects the gold industry in India.

Clarifications on Mutual Funds Investing in Corporate Debt Market Development Fund

September 6, 2023 939 Views 0 comment Print

SEBI clarifies on how mutual funds can invest in Corporate Debt Market Development Funds (CDMDF). Learn how it impacts asset allocation limits.

Key Amendments to Customs Post Clearance Audit Work

September 6, 2023 1911 Views 0 comment Print

Amendments to Customs Post Clearance Audit (PCA) work under Instruction No. 27/2023-Customs. Know procedural changes, scope and new formats.

CBIC revises effective duty for certain products wef 6th September, 2023

September 5, 2023 2316 Views 0 comment Print

CBIC amends Notification No. 50/2017-Customs, dated the 30th June, 2017 February, 2021 in order to revise effective duty for certain products vide Notification No. 53/2023-Customs Dated: 5th September, 2023. Government of India Ministry of Finance (Department of Revenue) New Delhi Notification No. 53/2023-Customs | Dated: 5th September, 2023 G.S.R. 656(E).— In exercise of the powers conferred […]

IFSCA Circular: Modification of Section 51A of UAPA Implementation Procedure

September 5, 2023 1035 Views 0 comment Print

The International Financial Services Centres Authority (IFSCA) has issued Circular No. F. No. 887/IFSCA/UAPA/ 2023-24/03 dated 5th September 2023, addressing important modifications regarding the implementation of Section 51A of the Unlawful Activities (Prevention) Act, 1967. This circular impacts all regulated entities in the GIFT-IFSC jurisdiction. Key Modifications: A. The circular refers to Clause 11.2 of […]

Company penalised for Incomplete EGM Notice on Independent Director Appointment

September 5, 2023 2010 Views 0 comment Print

The Ministry of Corporate Affairs (MCA) has imposed penalties on United Telecoms Limited for violations related to an Extraordinary General Meeting (EGM) notice. The case revolves around the failure to include a statement regarding the proposed independent director’s qualifications. This article discusses the details of the violation and the penalties imposed. Detailed Analysis United Telecoms […]

MCA Penalizes Company, Directors & CS for EGM Notice Non-Display on website

September 5, 2023 31926 Views 0 comment Print

Learn about penalty imposed by MCA on a company, its directors, and company secretary for failing to display an EGM notice on website.

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