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DGFT amends Export Policy of Animal By-Products

March 30, 2020 4473 Views 0 comment Print

The Notification No. 34/2015-20 dated 13.01.2017 is amended to the extent that now the ‘Health Certificate’ for items specified under Serial No. 41 and 171 of Schedule 2 of ITCHS Export Policy for export of Animal By-Products will be issued by Export Inspection Council. All other terms and condition of Notification No. 34/2015-20 dated 13.01.2017 […]

Indian Stamp (Collection of Stamp-Duty through Stock Exchanges, Clearing Corporations and Depositories) (Second Amendment) Rules, 2020

March 30, 2020 3030 Views 0 comment Print

Today Government notifies Indian Stamp (Collection of Stamp-Duty through Stock Exchanges, Clearing Corporations and Depositories) (Second Amendment) Rules, 2020 which further amended further amend the Indian Stamp (Collection of Stamp-Duty through Stock Exchanges, Clearing Corporations and Depositories) Rules, 2019. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 30th March, 2020 G.S.R. 226(E).—In exercise […]

FAR for Non-residents Investment in specified Govt Securities

March 30, 2020 582 Views 0 comment Print

The Reserve Bank shall notify the Government securities that shall be eligible for investment under the FAR (hereinafter, ‘specified securities’). These securities will continue to be eligible for investment by residents. ‘Specified securities’, once so designated, shall remain eligible for investment under the FAR until maturity.

Change in VAT rate on petrol & diesel in Maharashtra WEF 01.04.2020

March 30, 2020 7281 Views 0 comment Print

VAT (Value added tax) on petrol and diesel increased by Re 1 per litre in Maharashtra with effect from the 1st April 2020. In other words, this means petrol and diesel in Maharashtra become costlier by Re 1. FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated 30th March 2020. NOTIFICATION […]

Lockdown period shall not be counted for CIRP Activities: IBBI

March 29, 2020 1677 Views 0 comment Print

1) These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2020. (2) They shall come into force on the 29th March, 2020.

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

March 28, 2020 588 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 657 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 1968 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 63720 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 2247 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.

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