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Notifications/Circulars

PFRDA (National Pension System Trust) (Amendment) Regulations, 2021

June 14, 2021 966 Views 0 comment Print

1. These regulations may be called the Pension Fund Regulatory and Development Authority (National Pension System Trust) (Amendment) Regulations, 2021.

PFRDA (Point of Presence) (Amendment) Regulations, 2021

June 14, 2021 1575 Views 0 comment Print

These regulations may be called the Pension Fund Regulatory and Development Authority (Point of Presence) (Amendment) Regulations, 2021.

Amendment in Export Policy of Injection Remdesivir & Remdesivir API

June 14, 2021 1956 Views 0 comment Print

The export of Injection Remdesivir and Remdesivir Active Pharmaceutical Ingredients (API) falling under the ITC (HS) Codes specified above or falling under any other HS Code has been put under Restricted category with immediate effect. The export of Remdesivir injections/API against the Advance Authorizations will not require a separate authorisation/ permission.

Investment in Entities from FATF Non-compliant Jurisdictions

June 14, 2021 1779 Views 0 comment Print

The Financial Action Task Force (FATF) periodically identifies jurisdictions with weak measures to combat money laundering and terrorist financing (AML / CFT) in its following publications: i) High-Risk Jurisdictions subject to a Call for Action, and ii) Jurisdictions under Increased Monitoring.

Weekly newsletter from Chairman, CBIC dated 14/06/2021

June 14, 2021 960 Views 0 comment Print

The 44th GST Council Meeting was held on 12th June, 2021 with a single agenda point to discuss the report of the Group of Ministers for GST concessions on Covid-relief items. The Council recommended reducing GST rates on specified items being used for Covid-19 relief and management till 30th September, 2021.

APEDA designated as agency authorized to issue RCMCs for Cashew Kernel etc.

June 14, 2021 891 Views 0 comment Print

Cashew Export Promotion Council of India’s powers to issue/renew RCMCs for products falling under their jurisdiction arc suspended and APEDA is designated as the agency authorized to issue RCMCs for Cashew Kernels, Cashewnut Shell Liquid and Kardanol, with immediate effect. However, RCMCs already issued by Cashew Export Promotion Council of India shall remain valid for the rest of their validity period

SEBI issues SOP for Revised Framework for Regulatory Sandbox

June 14, 2021 516 Views 0 comment Print

All entities registered with SEBI under section 12 of the SEBI Act 1992, shall be eligible for testing in the regulatory sandbox. The entity may apply either on its own or in partnership with any other entity. In either scenarios, the registered market participant shall be treated as the principal applicant, and shall be solely responsible for testing of the solution.

BBPS – ‘mobile prepaid recharges added in Biller Category

June 14, 2021 633 Views 0 comment Print

With consistent growth in different biller categories and to facilitate mobile prepaid customers with more options to recharge, it has been decided to permit ‘mobile prepaid recharges’ as a biller category in BBPS, on a voluntary basis. This will be implemented on or before August 31, 2021.

Anti-dumping duty imposed on imports of Ammonium Nitrate- Reg.

June 11, 2021 1230 Views 0 comment Print

Case No. AD(SSR)–11/2021Initiation of sunset review of anti-dumping duty imposed on imports of Ammonium Nitrate originating in or exported from Russia, Georgia and Iran.

IRDAI penalises Surveyor for Acceptance of works in areas for which Surveyor not holds a license

June 11, 2021 5484 Views 0 comment Print

IRDAI has Imposed Penalty of Rs. 8 Lakh on Interocean Insurance Suveyors And Loss Assessors Pvt. Ltd. For Acceptance of survey works in areas for which the Surveyor does not hold a license.  It also cautioned it for Delay in submission of survey reports and issued advisory for Failure to intimate the opening of branches. […]

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