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DRAFT IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2020

March 28, 2020 564 Views 0 comment Print

(1) These regulations may be called the Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2020. (2) They shall come into force on the 28th March, 2020.

Draft IBBI (Insolvency Professionals) (Amendment) Regulations, 2020

March 28, 2020 633 Views 0 comment Print

1. (1) These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Amendment) Regulations, 2020. (2) They shall come into force on the 28th March, 2020.

Govt notifies annual quota for fiscal year 2020–21 for Peas, Moong, Tur

March 28, 2020 1938 Views 0 comment Print

Central Government hereby notifies the annual quota for the fiscal year 2020–21 for Yellow Peas, Grean Peas, Moong (Beans of the SPP Vigna Radiata (L.) Wilczek) and Tur/Pigeon peas (Cajanus cajan). MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) NOTIFICATION New Delhi, the 28th March, 2020 S.O. 1225(E).—In exercise of powers conferred by section 3 […]

President Assents Finance Act, 2020

March 27, 2020 62016 Views 0 comment Print

President Assents Finance Act, 2020 on 27th March 2020.  Finance bill 2020 was presented in Lok Sabha on 01.11.2020 and get passed in Lok Sabha on 23.03.2020.  After passing of bill from Lok Sabha the bill was presented in the Rajya Sabha on the same day, which returned the same without consideration, which effectively means […]

RBI Circulars on Change in Repo/Reverse Repo Rates dated 27.03.2020

March 27, 2020 2181 Views 0 comment Print

As announced in the Seventh Bi-monthly Monetary Policy Statement, 2019-20, today, it has been decided by the Monetary Policy Committee (MPC) to reduce the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 75 basis points from 5.15 per cent to 4.40 per cent with immediate effect.

Govt permits 75% non-refundable advance from PF account

March 27, 2020 3327 Views 2 comments Print

Government, permit a non-refundable advance from the provident fund account of such member not exceeding the basic wages and dearness allowances of that member for three months or up to seventy-five per cent. of the amount standing to his credit in the Fund, whichever is less.

CBIC deepen tariff concessions under India-Japan CEPA

March 25, 2020 12048 Views 0 comment Print

CBIC further amends notification No. 69/2011-Customs to deepen the tariff concessions under the India-Japan CEPA vide Notification No. 17/2020–Customs dated 25th March, 2020. Also Read- Corrigendum to Notification No. 17/2020-Customs, dated 25.03.2020 Effect of above Corrigendum is given in below notification in red colure. MINISTRY OF FINANCE (Department of Revenue) Notification No. 17/2020–Customs New Delhi, […]

Govt prohibits export of Hydroxychloroquine and formulations

March 25, 2020 495 Views 0 comment Print

The export of Hydroxychloroquine and formulations made from Hydroxychloroquine falling under any ITCHS Code, including the ITCHS Codes mentioned above, is prohibited, with immediate effect.

Govt prohibits export of all Sanitizers

March 24, 2020 1461 Views 0 comment Print

The export of all Sanitizers falling under any ITCHS Code, including the ITCHS Codes mentioned above, is prohibited, with immediate effect.

Exemption from IGST & compensation cess to EOUs on imports till 31.03.2021

March 24, 2020 3411 Views 0 comment Print

Amendment to Notification No.52/2003-Customs dated 31.03.2003 for extending exemption from IGST and compensation cess to EOUs on imports till 31.03.2021.  Notification No. 16/2020-Customs Dated 24th March, 2020 GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 16/2020-Customs New Delhi, the 24th March, 2020 G.S.R. 213 (E).— […]

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