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Notifications/Circulars

Govt relaxes COVID-relief material import norms for Indian Red Cross Society

April 27, 2021 510 Views 0 comment Print

It was decided that in all cases of covid related imports facilitated by Ministry of External Affairs and/ or imported by Indian Red Cross society, permissions/ licences/ authorizations required from other Government Department/Agencies prior to the clearance of goods, if any, would be deemed to have been given. In other words, such cases need not be referred to those agencies or the requirement may be suitably waived.

RBI issues Guidelines for Appointment of Statutory Auditors

April 27, 2021 15324 Views 0 comment Print

Issue of Guidelines for Appointment of Statutory Central Auditors (SCAs)/Statutory Auditors (SAs) of Commercial Banks (excluding RRBs), UCBs Reserve Bank of Indiaand NBFCs (including Housing Finance Companies)

SEBI Policy on Provisional Credit Rating Rating for Debt Instruments

April 27, 2021 603 Views 0 comment Print

All Provisional Ratings (‘long term’ or ‘short term’) for debt instruments shall be prefixed as ‘Provisional’ before the rating symbol in all communications viz. rating letter, press release / rating rationale, etc.

IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Second Amendment) Regulations, 2021

April 27, 2021 342 Views 0 comment Print

Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Second Amendment) Regulations, 2021 INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, 27th April, 2021 No. IBBI/2021-22/GN/REG074.—In exercise of the powers conferred by sections 196, 203 and 205 read with section 240 of the Insolvency and Bankruptcy Code, 2016 […]

IBBI (Insolvency Professionals) (Amendment) Regulations, 2021

April 27, 2021 663 Views 0 comment Print

These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Amendment) Regulations, 2021. They shall come into force on the date of their publication in the Official Gazette.

Contactless Customs Processing during COVID-19 pandemic

April 27, 2021 660 Views 0 comment Print

it is decided that the requests relating to various items of work shall be received only through online by way of email to the concerned Deputy Commissioner / Assistant Commissioner along with a copy to the Additional Commissioner / Joint Commissioner, who will be the Nodal Officer.

RBI Guidelines for Appointment of Statutory Auditors – FAQs

April 27, 2021 2178 Views 0 comment Print

As per Para 6.4, whether the time gap of one year between any non-audit works by the SCAs/SAs for the Entities or any audit/non-audit works for its Group Entities has to be ensured for all the Entities in the Group or the RBI Regulated Entities in the Group?

IRDAI fines IFFCO Tokio General Insurance Company Ltd

April 27, 2021 858 Views 0 comment Print

Penalty amount of Rs. 5 lakh shall be remitted by IFFCO Tokio General Insurance Company Ltd by debiting the shareholders’ account within a period of forty five days from the date of receipt of this order through NEFT/RTGS.

Definitive Anti-dumping duty on imports of Toluene Di-isocyanate

April 27, 2021 663 Views 0 comment Print

Seeks to impose definitive anti-dumping duty on imports of Toluene Di-isocyanate (TDI) having isomer content in the ratio of 80:20, originating in or exported from European Union, Saudi Arabia, Chinese Taipei and UAE, for a period of 5 years from the date of imposition of provisional ADD, i.e. 2nd Dec, 2020 vide Notification No. 28/2021-Customs […]

Notification No. 27/2021-Customs (ADD) Dated: 27.04.2021

April 27, 2021 1833 Views 0 comment Print

Seeks to rescind the notification No. 43/2020-Customs(ADD) dated the 2nd December, 2020 vide Notification No. 27/2021-Customs (ADD) Dated: 27th April, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 27/2021-Customs (ADD) Dated: 27th April, 2021 G.S.R. 298(E).—In exercise of the powers conferred by sub-sections (2) and (5) of section 9A of the Customs […]

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