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Notifications/Circulars

Income Tax Jurisdiction Order No. 3/2020, Dated: 22.12.2020

December 22, 2020 7701 Views 0 comment Print

Jurisdiction Order No. 3/2020 In exercise of powers conferred by the Central Board of Direct Taxes (CBDT) under the sub section (1) and (2) of section 120 of the Income-tax Act, 1961 read with section 178 of the Finance Act 2016

Exit through Self-authorization by e-NPS subscribers

December 22, 2020 876 Views 0 comment Print

It has now been decided by PFRDA to make the exit process more agile and seamless by extending the off line Aadhaar for the purpose of self-authorizing the exit requests of e NPS Under the process, the eNPS Subscribers with a corpus up to Rs. 10 lacs (Rupees Ten Lacs) in their NPS Accounts can furnish their off line Aadhaar details for the purpose of exit, in compliance with PFRDA’s exit regulations.

MCA notifies 17 Provisions of Companies (Amendment) Act, 2020 wef 21.12.2020

December 21, 2020 6441 Views 0 comment Print

Central Government hereby appoints the  a 21st day of December, 2020 as the date on which the 17 more  provisions of Companies (Amendment) Act, 2020 shall come into force. Government of India Ministry of Corporate Affairs Notification New Delhi, the 21 December, 2020 S.O. 4646(E).– In exercise of the powers conferred by sub-section (2) of […]

DGFT amends import policy of Copra & Coconut Oil

December 21, 2020 3627 Views 0 comment Print

Import of Copra under HS Code 1203 00 00 is allowed through MMTC; while import of Coconut oil- under HS codes 1513 11 00 (Crude) and 1513 19 00 (Others) is allowed through STEs, except STC. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) New Delhi, the 21st December, 2020 […]

Core Settlement Guarantee Fund, Default Waterfall & Stress Test for LPCC

December 21, 2020 1359 Views 0 comment Print

SEBI notified the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2020, (SECC Amendment Regulations, 2020) on October 08, 2020, to permit setting up of a Limited Purpose Clearing Corporation for clearing and settlement of repo transactions in debt securities.

SEBI Reviews inclusion of Historical Scenarios in Stress Testing in Commodity Derivatives Segment

December 21, 2020 435 Views 0 comment Print

SEBI received representation to review the requirement of including all the price movements during the last 15 years, in the historical scenarios prescribed for stress testing.

Weekly newsletter from Chairman, CBIC dated 21.12.2020

December 21, 2020 741 Views 0 comment Print

Strengthening infrastructure has been an area of priority of the Board. Recently, in the backdrop of budgetary constraints, a review was conducted by the Board of the infrastructure projects for which funds have been sanctioned or revalidated in the current Financial Year.

General procedure for GST Audit | Section 65 | MGST Act 2017

December 21, 2020 5493 Views 0 comment Print

The Maharashtra Goods and Services Tax Department (MGSTD) is initiating audits u/s 65 of the MGST Act in case of selected RTPs. The present circular is being issued to clarify certain aspects related to GST Audit u/s 65 of MGST Act, 2017. Commissioner of State Tax, Maharashtra Stale, Mumbai 8th flr. New Bldg. GST Bhavan, […]

Salient features of KGST Act, 2017- electronic Scrutiny of High risk cases

December 19, 2020 2895 Views 0 comment Print

Salient features of KGST Act,2017- e-Shodane (electronic Scrutiny of High risk cases, Audit Observations & DRC under AssessmeNt modulE) {e-Audit} – Certain instructions reg.

Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2020

December 18, 2020 5037 Views 0 comment Print

These rules may be called the Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2020. (2) They shall come into force on the date of their publication in the Official Gazette.

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