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Notifications/Circulars

Procedure for Audit Monitoring Committee (AMC) under KSGST Act, 2017

June 22, 2023 1983 Views 0 comment Print

The Circular No. 12/2023 by the Commissioner of State Tax, Kerala, provides guidelines for the Audit Monitoring Committee (AMC) in completing audits under the KSGST Act, 2017. It outlines the procedures to be followed, including the review of Draft Audit Reports (DAR) and the decision-making process during monthly meetings. SGST/2726/2023/-PLC11 GST Office of the Commissioner […]

RBI Allows Remittances to IFSCs for ‘Studies Abroad’ under LRS

June 22, 2023 2070 Views 0 comment Print

RBI has issued a circular allowing remittances to International Financial Services Centres (IFSCs) for the purpose of ‘studies abroad’ under the Liberalised Remittance Scheme (LRS). This move expands the scope of permissible transactions in IFSCs and benefits resident individuals pursuing courses mentioned in the gazette notification.

Amendment in Export policy of HS Code 2610

June 22, 2023 1407 Views 0 comment Print

DGFT Notification No. 13/2023-DGFT amends export policy of items under HS Code 2610, specifically related to Chrome Ore. Understand the revised export policy and policy conditions for different categories.

Applications for Norms Fixation / Review of Norms to be submitted online: DGFT

June 22, 2023 1635 Views 1 comment Print

Learn about the fixation and review of norms of advance authorization through the new online Norms Fixation IT module. Find out how to apply, access help and FAQs, and contact the DGFT for assistance. Stay updated with the latest guidelines for exporters and importers.

Changes to Copper & Zinc Oxide Import Procedures Under Revised India-Nepal Trade Treaty

June 22, 2023 1221 Views 0 comment Print

Explore the recent amendments in the procedure for importing Copper products and Zinc Oxide under the Revised India-Nepal Treaty of Trade, as per the public notice issued by DGFT on 22nd June 2023

IBBI upholds suspension of registered valuer for lack of transparency

June 22, 2023 537 Views 0 comment Print

In an order dated 22nd June 2023, the Insolvency and Bankruptcy Board of India (IBBI) dismissed the appeal filed by Debasish Ghosh, a registered valuer. This verdict upheld Ghosh’s suspension based on various violations of the Companies (Registered Valuers and Valuation) Rules, 2017, primarily related to his lack of transparency and specificity in the valuation […]

IBBI upholds suspension of valuer for contraventions of Valuation Rules

June 22, 2023 1581 Views 0 comment Print

IBBI upheld the suspension, asserting the comprehensiveness of initial order and contraventions of the Valuation Rules in Mr. Maity’s work.

SEBI Circular: Standardized Trading Preferences for Clients

June 21, 2023 3102 Views 0 comment Print

Read the SEBI circular regarding trading preferences by clients, highlighting the standardized format for accessing multiple stock exchanges for the same segment. Stock brokers are mandated to register new clients on all active stock exchanges based on their trading preferences.

Master Circular for Issue of Capital and Disclosure Requirements

June 21, 2023 4881 Views 0 comment Print

Read the SEBI Master Circular on Issue of Capital and Disclosure Requirements, covering non-compliance, rights issues, disclosures, online filing, and compensation to investors.

NSE Seek Comments on XBRL Implementation for CIRP

June 21, 2023 897 Views 0 comment Print

National Stock Exchange of India is seeking comments and feedback on the proposal to migrate from PDF to XBRL format for submitting corporate announcements related to the Corporate Insolvency Resolution Process (CIRP). Listed companies are encouraged to provide their suggestions and observations on the attached format.

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