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Notifications/Circulars

CBDT notifies ‘OMERS Administration Corporation’ as pension fund | Section 10(23FE)

May 13, 2021 903 Views 0 comment Print

CBDT notifies pension fund, namely, ‘OMERS Administration Corporation’ under sub-clause (iv) of clause (c) of the Explanation 1 to clause (23FE) of section 10 of the Income-tax Act, 1961  in respect of the eligible investment made by it in India on or after 13th May 2021 but on or before the 31st day of March, […]

CBDT notifies ‘Government Employees Superannuation Board’ as pension fund | Section 10(23FE)

May 13, 2021 861 Views 0 comment Print

CBDT notifies pension fund, namely, ‘Government Employees Superannuation Board’ under sub-clause (iv) of clause (c) of the Explanation 1 to clause (23FE) of section 10 of the Income-tax Act, 1961  in respect of the eligible investment made by it in India on or after 13th May 2021 but on or before the 31st day of […]

CBDT notifies ‘Public Sector Pension Investment Board’ as pension fund | Section 10(23FE)

May 13, 2021 564 Views 0 comment Print

CBDT notifies pension fund, namely, ‘Public Sector Pension Investment Board’ under sub-clause (iv) of clause (c) of the Explanation 1 to clause (23FE) of section 10 of the Income-tax Act, 1961  in respect of the eligible investment made by it in India on or after 13th May 2021 but on or before the 31st day […]

CBDT notifies ‘Ministry of Economy and Finance of Republic of Korea’ as sovereign wealth fund

May 13, 2021 624 Views 0 comment Print

CBDT notifies ‘Ministry of Economy and Finance of Republic of Korea’ as sovereign wealth fund under sub-clause (vi) of clause (b) of the Explanation 1 to clause (23FE) of section 10 of the Income-tax Act, 1961 vide Notification No. 63/2021 -Income Tax Dated: 13th May 2021. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF […]

CBDT notifies ‘CDC Group Plc.’ as sovereign wealth fund

May 13, 2021 1155 Views 0 comment Print

CBDT notifies ‘CDC Group Plc.’ as sovereign wealth fund under sub-clause (vi) of clause (b) of the Explanation 1 to clause (23FE) of section 10 of the Income-tax Act, 1961 vide Notification No. 62/2021 -Income Tax Dated: 13th May 2021. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. […]

Maharashtra extends Lockdown till 01st June 2021

May 12, 2021 4974 Views 0 comment Print

Maharashtra extends all the restrictions that have been imposed vide `Break the Chain’ orders dated 13th April, 21st April and 29th April,2021 along with all additions and clarifications issued thereof as well as imposes following additional restrictions in the State till 7 AM on 1st June, 2021.

Procedure for seeking prior approval for change in control of SEBI registered Portfolio Managers

May 12, 2021 888 Views 0 comment Print

Regulation 11(aa) provides that a Portfolio Manager shall obtain prior approval of SEBI in case of change in control in such manner as may be specified by SEBI. Accordingly, it has been decided that all SEBI registered Portfolio Managers shall comply with the following in case they propose a change in control:

SEBI specifies qualified financial market participants under Bilateral Netting of Qualified Financial Contracts Act, 2020

May 12, 2021 585 Views 0 comment Print

SEBI specifies qualified financial market participants under Bilateral Netting of Qualified Financial Contracts Act, 2020 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 12th May, 2021 No. SEBI/LAD-NRO/GN/2021/24.—In exercise of the powers conferred by clause (b) of Section 4 read with sub-clause (vi) of clause (o) of sub-section (1) of section 2 of the […]

Sponsor Contribution to an AIF set up in Overseas Jurisdiction, including IFSCs

May 12, 2021 1482 Views 0 comment Print

Direct Investment by Residents in Joint Venture (JV)/Wholly Owned Subsidiary (WOS) Abroad”, as amended from time to time and Regulation 7 of the Notification FEMA 120/2004-RB, pertaining to provisions for an Indian Party (IP) making investment/ financial commitment in a

Anti-dumping Investigation on imports of ‘Acrylonitrile Butadiene Rubber (NBR)’

May 12, 2021 2004 Views 0 comment Print

Case No. ADD-(OI)-15/2020 – Anti-dumping Investigation concerning imports of Acrylonitrile Butadiene Rubber (NBR) into India originating in or exported from China PR, European Union (EU), Japan and Russia

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