As the CKYCR is now fully operational for individual customers, it has been decided to extend the CKYCR to Legal Entities (LEs). Accordingly, REs shall upload the KYC data pertaining to accounts of LEs opened on or after April 1, 2021, on to CKYCR in terms of Rule 9 (1A) of the PML Rules.
Stock Exchanges and Depositories are advised to: a) make necessary amendments to the relevant bye-laws, rules and regulations for the implementation of the above circular; and b) bring the provisions of this circular to the notice of the issuers, Domestic Custodians and also to disseminate the same on the website.
Government of India now appoints Ms. Pally Kundu, Deputy Director General, as Statistics Officer, as per details mentioned in Schedule II of the notification, to exercise all or any of the powers under the said Act.
Seeks to confirm the provisional Bilateral Safeguard measure on imports of Phthalic Anhydride originating in Korea RP under the India-Korea Comprehensive Economic Partnership Agreement, and to further amend notification no. 152/2009 dated 31.12.2009 to modify the rate of duty of customs on said imports, on recommendation of final findings of Directorate General of Trade Remedies […]
Public Notice No. 33 /2015-2020 – The quantity of raw sugar 8424 MTRV (Eight Thousand Four Hundred and Twenty Four Metric Ton Raw Value) to be exported to USA under TRQ upto 30.09.2021 is notified. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan Public Notice […]
MCA vide order dated 17.12.2020 has changed the applicability date of Companies (Auditor’s Report) Order, 2020 to the financial years commencing on or after the 1st April, 2021. So, Companies (Auditor’s Report) Order, 2020 (CARO 2020) will be applicable from FY 2021-22. CARO 2016 will continue to be applicable for Financial Year 2020-21. MINISTRY OF […]
MCA notifies Rule 26A Purchase of minority shareholding held in demat form vide Companies (Compromises, Arrangements and Amalgamations) Second Amendment Rules, 2020. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 17th December, 2020 G.S.R. 773(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 469 read with sections 230 to 233 and […]
(1) These rules may be called the Companies (Compromises, Arrangements and Amalgamations) Second Amendment Rules, 2020. (2) They shall come into force on the date of their publication in the Official Gazette.
With a view to achieve this objective, certain key areas, which require immediate attention, have been identified and the following instructions/ guidelines are being hereby issued so as to smoothen the process of Faceless Assessment by the field formations.
The Income Tax Department carried out searches on 14.12.2020 in a group case from Erode in Tamil Nadu, covering 15 premises at Erode and Chennai. The group is a leading civil contractor for Government works, specialised in erecting Seawave breaks along the coastlines and diversified into bus transport, running marriage halls and food masala business.
