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Notifications/Circulars

Extension of Cheque Truncation System across all bank branches

March 15, 2021 969 Views 0 comment Print

To leverage the availability of CTS and provide uniform customer experience irrespective of location of her/his bank branch, it has been decided to extend CTS across all bank branches in the country.

Tariff Notification No. 29/2021-Customs (N.T.) Dated 15.03. 2021  

March 15, 2021 921 Views 0 comment Print

Tariff Notification No. 29/2021-Customs (N.T.) Dated 15.03. 2021  in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silvera Government of India Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) Notification No. 29/2021-CUSTOMS (N.T.) New Delhi, 15th March, 2021   S.O. 1207(E).– In exercise of […]

IBBI (Insolvency Resolution Process For Corporate Persons) (Amendment) Regulations, 2021

March 15, 2021 1407 Views 0 comment Print

These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2021

IBBI found IP guilty of violating CIRP and IP Regulations

March 15, 2021 720 Views 0 comment Print

Regulation 27 of the CIRP Regulations requires a RP to appoint two registered valuers within seven days of his appointment but not later than forty-seventh day from the insolvency commencement date (ICD). Valuation is a quintessential part of the CIRP and is crucial to formulate a compliant resolution plan. Timely appointment of valuers is vital to completion of CIRP in a time bound manner. However, it has been observed that there has been inordinate delay in appointment of valuers by Mr. Shah in the following 4 assignments, the details of which are as under:

Sewing Machines (Quality Control) Order, 2021

March 15, 2021 2301 Views 0 comment Print

Conformity to standard and compulsory use of Standard Mark.- Goods or articles specified in the column (1) of the Table shall conform to the corresponding Indian Standard mentioned in the column (2) of the said Table and shall bear the Standard Mark under a license from the Bureau as per Scheme-I of Schedule-II of Bureau of Indian Standards (Conformity Assessment) Regulations, 2018.

Investment Pattern to be followed by Non-Govt Provident/Superannuation/Gratuity Funds amended

March 15, 2021 6522 Views 0 comment Print

Government amends pattern of investment to be followed by Non-Government Provident Funds, Superannuation Funds and Gratuity Funds MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 15th March, 2021 F. No. 1/8/2021-PM.— In the notification of the Government of India, Ministry of Finance, Department of Financial Services, No. 11/14/2013-PR, dated the 2nd March, […]

Mines and Minerals (Development and Regulation) Amendment Act, 2021 Introduced in Lok Sabha

March 15, 2021 1656 Views 0 comment Print

(1) This Act may be called the Mines and Minerals (Development and Regulation) Amendment Act, 2021. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint; and different dates may be appointed for different provisions of this Act and any reference in any such provision to the commencement of this Act shall be construed as a reference to the coming into force of that provision.

National Institute of Pharmaceutical Education and Research (Amendment) Bill, 2021 introduced in Lok Sabha

March 15, 2021 801 Views 0 comment Print

(1) This Act may be called the National Institute of Pharmaceutical Education and Research (Amendment) Act, 2021. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.

Insurance (Amendment) Act, 2021 introduced in Rajya Sabha

March 15, 2021 1293 Views 0 comment Print

Insurance (Amendment) Bill, 2021, amending the Insurance Act, 1938, seeks, inter alia, to provide for- (i) substitution of sub-clause (b) in the definition of Indian insurance company in clause (7A) of section 2 of the Insurance Act, 1938, so as to raise the limit of foreign investment in an Indian insurance company from the existing 49 per cent. to 74 per cent. and to allow foreign ownership and control with safeguards;

Government of National Capital Territory of Delhi (Amendment) Bill, 2021 introduced in Lok Sabha

March 15, 2021 945 Views 0 comment Print

AS INTRODUCED IN LOK SABHA Bill No. 55 of 2021 THE GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI (AMENDMENT) BILL, 2021 A BILL further to amend the Government of National Capital Territory of Delhi Act, 1991. BE it enacted by Parliament in the Seventy-second Year of the Republic of India as follows:–– 1. Short title […]

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