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Finance Bill 2023 as Passed by Lok Sabha on 24.03.2023

March 24, 2023 6012 Views 0 comment Print

AS PASSED BY LOK SABHA ON 24.03.2023 Bill No. 17-C of 2023 THE FINANCE BILL, 2023 A BILL to give effect to the financial proposals of the Central Government for the financial year 2023-2024. BE it enacted by Parliament in the Seventy-fourth Year of the Republic of India as follows:— CHAPTER I PRELIMINARY 1. Short […]

FCRA: Extension of validity of Registration Certificate till 30th September, 2023

March 24, 2023 2790 Views 0 comment Print

FCRA registration certificates which are expiring during the period between 01st April, 2023 to 30th September, 2023 and have applied/ will apply for renewal before the expiry of 5 years validity period shall stand extended up to 30th September, 2023 or the date of disposal of renewal application, whichever is earlier.

ICAI removes name of 13 members wef 24th March 2023

March 24, 2023 9273 Views 0 comment Print

ICAI removes name of 13 members wef 24th March 2023 for Professional and Other Misconduct vide notification issued by it on 24.03.2023 THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA, NEW DELHI NOTIFICATION (CHARTERED ACCOUNTANTS) New Delhi, the 24th March, 2023 No. PPR/P/412/17-DD/190/INF/18-BOD/580/2020:In terms of the provisions of Section 21A(3) of the Chartered Accountants Act, 1949 […]

Legal Metrology (Packaged Commodities) Amendment (Amendment) Rules, 2023

March 24, 2023 6453 Views 0 comment Print

These rules may be called Legal Metrology (Packaged Commodities) Amendment (Amendment) Rules, 2023. They shall come into force from 27th January, 2023.

Investment via E-wallet in Mutual Funds only if its fully compliant with KYC norm

March 23, 2023 801 Views 0 comment Print

SEBI permitted use of e- wallet for investment in Mutual Funds within the umbrella limit of INR 50,000 for investments by an investor through both e-wallet and/or cash, per Mutual Fund per financial year.

SEBI Master Circular on Surveillance of Securities Market Dated: March 23, 2023

March 23, 2023 2328 Views 0 comment Print

It has been observed by SEBI that unauthenticated news related to various scrips are circulated through social media platforms/ instant messaging services/ VoIP/ blogs/chat forums/e-mail or any such medium by employees of Broking Houses/other intermediaries without adequate caution as mandated in the Code of Conduct for Stock Brokers and respective regulations of various intermediaries registered with SEBI.

IRDAI constitutes Expert committee for matters related to mental health

March 23, 2023 1398 Views 0 comment Print

A holistic examination of the various aspects involved such as types of conditions, types of treatments etc from the insurance perspective is necessary when dealing with products designed to cover mental illnesses and other related aspects.

Govt allows export of Multi Grain Atta or Fortified Whole Wheat Atta

March 23, 2023 1863 Views 0 comment Print

Note 2: is added in the SION E-136 to allow export of Multi Grain Atta or Fortified Whole Wheat Atta. All other conditions for SION E-136 as mentioned in Public Notice no. 38/2015-20 dated 25.11.2022 will continue to be in force. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) New […]

Per client minimum investment amount requirement not apply to AI

March 23, 2023 1179 Views 0 comment Print

As per the second proviso to Regulation 23 (2) of the portfolio management (PM) Regulations, subject to appropriate disclosures in the disclosure document and the terms agreed between the client and the Portfolio Manager, the requirement of minimum investment amount per client shall not apply for an Accredited Investor (AI). Al can make investment through […]

IBBI suspends Registration of IP for delay in CIRP proceedings

March 23, 2023 1149 Views 0 comment Print

IBBI held that it is evident that there was avoidable delay on the part of Mr. Rajput in filing application under Section 19(2) of the Code for non-cooperation of directors/promoters of CD, in taking control of assets of CD, in appointing registered valuers and in publication of Form G and he did not operate the […]

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