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Notifications/Circulars

SEBI (Foreign Portfolio Investors) (Amendment) Regulations, 2023

March 14, 2023 2196 Views 0 comment Print

These regulations maybe called the Securities and Exchange Board of India (Foreign Portfolio Investors) (Amendment) Regulations, 2023.

SEBI clarifies on computation of minimum net worth

March 14, 2023 7245 Views 0 comment Print

Definition of term `networth’ in SEBI (Issue and listing of Non-convertible securities) Regulations, 2021 is linked to one provided by Companies Act, 2013. Section 2(57) of Companies Act 2013, provides for calculation of networth.

DGFT amends policy for import of marble from Bhutan

March 14, 2023 1851 Views 0 comment Print

Import of 10000 MT of marble [under ITC (HS) Codes 2515 and 6802] shall be allowed from Bhutan without Minimum Import Price each year, subject to valid Registration Certificate issued by the DGFT. The procedure for issuance of Registration Certificate shall be notified separately. Government of India Ministry of Commerce & Industry Department of Commerce […]

IP not empowered to withhold relevant information, in case of investigation

March 14, 2023 1320 Views 0 comment Print

DC is of the view that two serious contraventions have established beyond doubt. Firstly his non-cooperation to inspecting and investigating authority is in grave violation of Regulation 4(4), Regulation 4(7), Regulation 8 (4) and Regulation 8(8)of the Inspection and Investigation Regulations; Clause 18 and Clause 19 of the Code of Conduct. Furthermore, authority of the […]

Weekly newsletter from Chairman, CBIC dated 14/03/2023

March 14, 2023 1332 Views 0 comment Print

In a series of cases booked last week, the Directorate of Revenue Intelligence (DRI) interdicted more than 21 kg of Heroin and more than 8 kg of Cocaine, together valued at more than Rs. 237 Crore.

Notification No. 13/2023-Income Tax, Dated: 14.03.2023

March 14, 2023 3399 Views 1 comment Print

CBDT notifies Notification No. 13/2023- Income Tax, Dated: 14.03.2023 to amend notification number S.O.1911(E) dated the 21st April, 2022  to replace the words Ariyalur & Kanniyakumari with the words Districts of Ariyalur & Districts of Kanniyakumari respectively. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) (Investigation Division-V) Notification No. 13/2023- Income Tax […]

CBIC releases technology related descriptions of Telecom equipment

March 13, 2023 4587 Views 0 comment Print

CBIC was apprised that some of technology related description of Telecom equipments, need to be better understood by all stakeholders for a more effective identification of products and equipment covered therein.

Wrongful MEIS scrip availment – CBIC to take action after DGFT decision

March 13, 2023 2538 Views 0 comment Print

MEIS scrip was wrongfully availed/obtained and is liable for cancellation by license issuing authority, for which DGFT office has also issued show cause notice dated 14.10.2020 under FT(DR) Act.

Draft Surrogacy (Regulations) Amendment Rules, 2023

March 11, 2023 1818 Views 0 comment Print

‘Couple of Indian Origin’ means the couple where both husband(male) and wife(female) are Overseas Citizens of India(OCI) cardholders in accordance with the Instructions/Rules/Guidelines/Acts being followed by the Ministry of Home Affairs (MHA) from time to time subject to fulfilment of various criteria as per Surrogacy (Regulation) Act, 2021

SEBI Clarification with respect to Qualified RTAs (QRTAs)

March 10, 2023 3564 Views 1 comment Print

An RTA shall be categorized as a QRTA if at any time during a financial year, the combined number of physical and demat folios being serviced by the RTA for listed companies exceeds 2 crore.

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