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Notifications/Circulars

Format of compliance report on Corporate Governance by Listed Entities

May 31, 2021 26343 Views 0 comment Print

Securities Exchange Board of India (‘SEBI’) vide its Circular dated May 31, 2021, has notified amendment in format of Compliance report on Corporate Governance to be submitted by listed entities. SEBI has added ‘Annex IV’ to be submitted on a half yearly basis (w.e.f. first half year of the FY 2021-22) which shall cover details of loan/ […]

Implementation date of disclosure of risk-o-meter of scheme extended

May 31, 2021 576 Views 0 comment Print

risk-o-meter of the scheme and the benchmark along with the performance disclosure of the scheme vis-à-vis benchmark and Details of the portfolio – Based on the representation received from AMFI, it has been decided to extend the implementation date of the provisions of the aforesaid circular to September 1, 2021.

MVAT: Administrative Relief To Un-Registered Dealers- Dispenses return filing requirement

May 31, 2021 3324 Views 0 comment Print

Due to current system in place it is not possible to file the returns pertaining to such unregistered period till the registration is made effective for such period on system.

MVAT: Clarification on periodicity of return filing & Late Fees

May 31, 2021 38040 Views 0 comment Print

The annual return is prescribed for those dealers whose tax liability in the previous year does not exceed Rs. 25,000/, Financial Year 2019-20 was the first financial year for which this new annual periodicity of return filing is applicable. Accordingly, those dealers who were having tax liability below Rs. 25,000/-in the previous financial year 2018-19 were required to file annual return for the year 2019-20.

CBDT to share Information with notified State Police Agencies

May 31, 2021 1458 Views 0 comment Print

State Police Agencies as notified by the Central Government in connection with NATGRID project – To facilitate the process of furnishing and receiving information, Memorandum of Understanding entered between Director General of Income-tax (Systems) and NATGRID shall be suitably amended to include the State Police Agencies notified by the Central Government in connection with NATGRID Project.

CBDT to share information with State Police Agencies of 6 States

May 31, 2021 1464 Views 0 comment Print

Central Government specifies the Nodal officers of the following State Police Agencies for the purposes of the said clause in connection with sharing of information through National Intelligence Grid (NATGRID) platform

Relaxation in compliance with requirements pertaining to AIFs & VCFs

May 31, 2021 513 Views 0 comment Print

SEBI in receipt of representation from AIF Industry, requesting extension of timelines for various regulatory filings and compliances for AIFs and VCFs, due to ongoing second wave of the CoVID- 19 pandemic and restrictions imposed by various state governments.

Sea Cargo Manifest and Transhipment (Third Amendment) Regulations, 2021

May 31, 2021 579 Views 0 comment Print

(1) These regulations may be called the Sea Cargo Manifest and Transhipment (Third Amendment) Regulations, 2021. (2) They shall come into force on the date of their publication in the Official Gazette.

Tariff Notification No. 49/2021-Customs (N.T.) dated 31st May, 2021

May 31, 2021 1953 Views 0 comment Print

Tariff Notification No. 49/2021-CUSTOMS (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, the 31st May, 2021 Notification No. 49/2021-Customs (N.T.) S.O. 2097(E).—In exercise of the powers conferred by sub-section (2) of […]

RBI cancels licence of Shivajirao Bhosale Sahakari Bank

May 31, 2021 393 Views 0 comment Print

Today, the Reserve Bank of India (RBI) has, vide order dated May 28, 2021 cancelled the licence of Shivajirao Bhosale Sahakari Bank Ltd., Pune, Maharashtra. Consequently, the bank ceases to carry on banking business, with effect from the close of business on May 31, 2021.

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