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Notifications/Circulars

Mission Begin Again- Maharashtra Issues new Lockdown guideline

October 14, 2020 5241 Views 0 comment Print

Following activities will be permitted outside the Containment Zones:-In areas outside the Containment Zones, all activities will be permitted, except the following: i. International Air travel of passengers, except as permitted by MHA. ii. Schools. colleges, educational and coaching institutions will continue to remain closed for students and regular class activity up to 31s’ October, 2020.

CBIC includes certain goods U/s. 110(1A) of Customs Act, 1962

October 14, 2020 9408 Views 0 comment Print

Amendment in M.F. (D.R.) Notification No. 31/86-Cus, dated 05.02.1986 so as to include certain goods under Section 110 (1A) of the Customs Act, 1962 Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs (Investigation-Customs) Notification No. 98/2020-Customs (N.T.) New Delhi, 14th October 2020 G S R. 633(E). – […]

Guidelines on Standard Individual Term Life Insurance Product, ‘Saral Jeevan Bima’

October 14, 2020 687 Views 0 comment Print

Saral Jeevan Bima is a non-linked non-participating individual pure risk premium life insurance plan, which provides for payment of Sum Assured in lump sum to the nominee in case of the Life Assured’s unfortunate death during the policy term.

ESIC notifies eligibility criteria for unemployment benefit for Insured Persons who lost jobs due to COVID 19

October 14, 2020 609 Views 0 comment Print

ESIC notifies relaxations in eligibility criteria for unemployment benefit for Insured Persons who have lost jobs due to COVID 19 Pandemic EMPLOYEES’ STATE INSURANCE CORPORATION NOTIFICATION New Delhi. the 14th October 2020 No. N-12/13/01/2019-P&D.—Whereas draft notification further to extend Scheme Atal Beemit Vyakti Kalyan Yojana for the period 01.07.2020 to 30.06.2021 with relaxation in eligibility […]

Definitive Anti-Dumping duty imposed on Dimethylacetamide-Reg.

October 14, 2020 1032 Views 0 comment Print

CASE NO. (MTR) 06/2019 Mid-Term Review, limited to the product scope of definitive Anti-Dumping duty imposed on Dimethylacetamide’ [N,N-Dimethylacetamide] (DMAC) from China PR and Turkey.

CBDT assigns role of Pr.CCsIT (Jurisdictional) and Pr. CCIT (NFAC)

October 14, 2020 2259 Views 0 comment Print

With the launch of the Faceless Appeal Scheme, 2020, the Income Tax Department is moving towards minimal interface with maximum governance. In order to effect the same, the National Faceless Appeal Centre (hereafter referred to as NFAC), Delhi has been created under Principal Chief Commissioner of Income-tax (NFAC) and 4 Regional Faceless Appeal Centres (hereinafter referred to as RFACs) under Chief Commissioner of Income-tax, (RFAC) at 4 centres,

Misinterpretation of LTC stimulus and its benefits

October 13, 2020 2097 Views 2 comments Print

A report has appeared in the Economic Times Markets (ETMarkets.com) which gives the impression that the LTC voucher scheme for Government employees may not be attractive. Unfortunately, the piece which it relies on has a serious factual error in its understanding of how Government LTC works.

Procedure for opening & operating designated FCRA Account

October 13, 2020 5187 Views 1 comment Print

Procedure for opening & operating the designated FCRA Account as provided under the amended Section 17(1) of The Foreign  Contribution (Regulation) Act , 2010

Procedure to apply for scrips under Scheme for RoSL

October 13, 2020 3555 Views 0 comment Print

The pars 4.01 (d) of the FTP is about the Scheme for RoSL. The Gazette notifications of the Ministry of Textiles about implementation of RoSL. Scheme under scrip mechanism May be referred to for more details. The RoSL scrips shalt be issued only for such old shipping bills Of Scheme for RoSL., for which RoSL amounts could net he disbursed earlier due to budget limitation.

Procedure for Debenture Trustee(s) in case of ‘Default’ by Issuers of listed debt securities

October 13, 2020 2385 Views 0 comment Print

Representations were made by Debenture Trustee(s) regarding the process to be followed in case of ‘Default’ by issuers of listed debt securities. After consultation with stakeholders including investors, Debenture Trustee(s), Issuers etc., procedures to be followed by the Debenture Trustee(s) in case of ‘Default’ by issuers of listed debt securities has been decided.

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