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Capital & debt market to operate as per revised MHA guidelines

April 15, 2020 969 Views 0 comment Print

These guidelines permit continuation of certain services which includes the Securities and Exchange Board of India and Capital and Debt Market Services as notified by SEBI.

Sovereign Gold Bond Scheme 2020-21

April 13, 2020 6681 Views 4 comments Print

The Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds. The Sovereign Gold Bonds will be issued in six tranches from April 2020 to September 2020 as per the calendar specified below:

PML (Maintenance of Records) 2nd Amendment Rules, 2020

April 13, 2020 2994 Views 0 comment Print

1. (1) These rules may be called the Prevention of Money-laundering (Maintenance of Records) 2nd Amendment Rules, 2020. (2) They shall come into force on the date of their publication in the Official Gazette.

Sovereign Gold Bond Scheme-Procedural Guidelines – Consolidated

April 13, 2020 7656 Views 0 comment Print

Sovereign Gold Bond Scheme of Government of India-Procedural Guidelines-Consolidated- Sovereign Gold Bonds are issued by Government of India as Government of India Stock in accordance with Section 3 of Government Securities Act, 2006

Govt Exempts Duty & Cess on Covid 19 Test Kits, Masks, PPE, Ventillators

April 9, 2020 3435 Views 0 comment Print

Government Grants exemption from Basic Custom duty & Health Cess on import of Ventilators , PPE, COVID Test Kits & Face & Surgical Masks In the context of Covid-19 situation, considering the immediate requirement of ventilators and other items,the Central Government has granted exemption from Basic Customs Duty and Health cess, on the import of […]

Notification No. 8/2020-Customs amended to make changes consequential to enactment of FA 2020

April 9, 2020 4755 Views 0 comment Print

Seeks to amend notification No. 8/2020-Customs dated 02.02.2020 to make changes consequential to enactment of Finance Act, 2020. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION No. 19/2020–Customs New Delhi, the 9th April, 2020 G.S.R. 246(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) read […]

SEBI (Foreign Portfolio Investors) (Amendment) Regulations, 2020

April 7, 2020 2919 Views 0 comment Print

(1) These regulations may be called the Securities and Exchange Board of India (Foreign Portfolio Investors) (Amendment) Regulations, 2020. (2) They shall come into force on the date of their publication in the Official Gazette.

Govt reduces Salary of Members of Parliament by 30% for one year

April 7, 2020 735 Views 0 comment Print

Salary payable to Members of Parliament under shall be reduced by thirty per cent for a period of one year commencing from the 1st April, 2020, to meet the exigencies arising out of Corona Virus (COVID-19) pandemic.

DGFT removed restrictions on export of 12 APIs and 12 formulations

April 6, 2020 1362 Views 0 comment Print

Foreign Trade Policy, 2015-20, the Central Government hereby makes following amendment in the chapter 29 and 30 of the Schedule 2 of the ITCHS Export Policy amending the Notification No. 50/2015-20 dated 03.03.2020 related to export Policy of APIs and formulations made from these APIs:

Govt amends Export Policy of Hydroxychloroquine

April 4, 2020 753 Views 0 comment Print

The export of Hydroxychloroquine and formulations made from Hydroxychloroquine falling under any ITCHS Code, including the ITCHS Codes mentioned in the Notification No. 54 dated 25.3.2020 is no longer allowed from SEZA/E0Us or against Advance Authorisation or under the Para 1.05(b) of Foreign Trade Policy 2015-20 or against full advance payment as specified in Para […]

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