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Notifications/Circulars

Whether a BRLM can share bidding data available on website of stock exchanges for IPO?

October 23, 2020 525 Views 0 comment Print

i. Whether a BRLM can share the standalone or aggregate bidding data available on the website of the stock exchanges for IPO, Rights issue, and FPO of specified securities and units with the investors, during the bidding period; ii. Whether a BRLM can share the standalone or aggregate bidding data available on the website of the stock exchanges for IPO, Rights issue, and FPO of specified securities and units with investors, as and when requested by such investors, during the bidding period;

Maharashtra Value Added Tax (Third Amendment) Rules, 2020

October 23, 2020 4815 Views 0 comment Print

Provided that, from the period starting on or after 1st April 2020, the retail outlets, not owned by any Oil Company, registered under the Act and who have effected sales of High Speed Diesel Oil or Petrol purchased from the registered dealers, within the State of Maharashtra, shall not be liable to file return under this sub-rule.

CBIC appoints Customs Authority for Advance Rulings, at Delhi & Mumbai

October 23, 2020 1299 Views 0 comment Print

CBIC appoints-Commissioner (Customs Authority for Advance Rulings), Delhi; and Commissioner (Customs Authority for Advance Rulings), Mumbai, to function as Customs Authority for Advance Rulings, at Delhi and Mumbai, respectively. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, the 23rd October, 2020 Notification No. 102/2020-Customs S.O. 3777 (E).—In exercise […]

Anti-Dumping Investigation concerning imports of LDPE

October 23, 2020 1158 Views 0 comment Print

Initiation of Anti-Dumping Investigation concerning imports of Low Density Polyethylene (LDPE) from Qatar, Saudi Arabia, Singapore, Thailand, United Arab Emirates and United States of America.

Amendment in Export Policy of Nitrile/NBR Gloves

October 22, 2020 1302 Views 0 comment Print

Export policy of Nitrile/NBR Gloves exported under above mentioned HS Codes or any other HS Code is revised from Prohibited to Restricted category.

Changes in regulatory framework for Housing Finance Companies

October 22, 2020 1512 Views 1 comment Print

HFCs shall carry out securitization of standard assets and transfer of assets through direct assignment of cash flows and the underlying securities. In doing so, HFCs, among other things, shall conform to the minimum holding period (MHP) and minimum retention requirement (MRR) standards.

Digital Payment Transactions – Streamlining QR Code infrastructure

October 22, 2020 468 Views 0 comment Print

i. The two interoperable QR codes in existence – UPI QR and Bharat QR – shall continue as at present. ii.  Payment System Operators (PSOs) that use proprietary QR codes shall shift to one or more interoperable QR codes; the process of migration shall be completed by March 31, 2022. iii. No new proprietary QR codes shall henceforth be launched by any PSO for any payment transaction.

Processing of applications for registrations of AIFs & launch of schemes

October 22, 2020 798 Views 0 comment Print

While processing applications for registration of AIFs and launch of new schemes, it has been observed that the Manager of AIF often proposes to set up an Investment Committee with the mandate to provide investment recommendations or advice to the Manager.

Handling of SCORES complaints by stock exchanges- Reg.

October 22, 2020 621 Views 0 comment Print

Clarification on SEBI Circular SEBI/HO/OIAE/IGRD/CIR/P/2020/152 dated 13 August, 2020 on Investor grievances redressal mechanism – Handling of SCORES complaints by stock exchanges and Standard Operating Procedure for non-redressal of grievances by listed companies.

Contribution by Issuers of listed or proposed to be listed debt securities towards creation of Recovery Expense Fund

October 22, 2020 2301 Views 1 comment Print

In order to enable the Debenture Trustee(s) to take prompt action for enforcement of security in case of ‘default’ in listed debt securities, a ‘Recovery Expense Fund’ (REF) shall be created which shall be used in the manner as decided in the meeting of the holders of debt securities.

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