ICAI made a significant announcement regarding the formulation of a New Scheme of Education and Training. This scheme aligns with International Education Standards and the National Education Policy, 2020 (NEP). The ICAI has taken into account inputs from various stakeholders and has notified the scheme in the Gazette of India, set to be implemented from July 1st, 2023.
Commencement notification for Execution Only Platforms under the Securities and Exchange Board of India (Stock Brokers) Regulations, 1992 SEBI) has announced the commencement date for Execution Only Platforms under the Stock Brokers Regulations. This notification, issued under the powers conferred by the Securities and Exchange Board of India Act, 1992, specifies the provisions that will […]
DGFT, has issued a notification, No. 12/2023, dated June 19, 2023, amending Paragraph 10.08(ix) of the Foreign Trade Policy 2023. The amendment pertains to the General Authorization for Export of Chemicals and related Equipments (GAEC) and introduces changes to the policy.
Institute of Chartered Accountants of India (ICAI) has issued notifications regarding the removal of CA Basudeb Mukhopadhyay and CA Subodh Kumar Maheshwari from the Register of Members. These disciplinary actions have been taken based on findings of professional misconduct and other misconduct, as determined by the Disciplinary Committee of the ICAI. CA Basudeb Mukhopadhyay, whose […]
Reserve Bank of India (RBI) has released a notification regarding the Sovereign Gold Bond Scheme 2023-24 announced by the Government of India. The scheme introduces a distinct series of bonds starting from series I, with specific terms and conditions for issuance. This notification provides important details about the subscription dates, application process, and designated receiving […]
CBDT issued a notification on June 15, 2023, designating Special Courts for Economic Offences in the state of Jharkhand. The notification identifies the specific courts and areas assigned for handling cases related to income tax and undisclosed foreign income and assets.
Read about the latest amendments introduced by the Securities and Exchange Board of India (SEBI) in the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012. The amendments include the introduction of the Corporate Debt Market Development Fund, valuation procedures, investment conditions, governance mechanisms, and more.
Read about the notification issued by the Ministry of Finance, Department of Financial Services, permitting the National Bank for Agriculture and Rural Development (NABARD) to perform voluntary Aadhaar authentication for residents applying for agricultural loans.
Read about the notification issued by the Ministry of Corporate Affairs, exempting specific transactions from the provisions of Section 14 of the Insolvency and Bankruptcy Code, 2016. The exemptions include Production Sharing Contracts, Revenue Sharing Contracts, Exploration Licenses, Mining Leases, and related transactions.
Recent changes in the import policy and conditions of Copra under ITC (HS) Code 12030000, as per the DGFT Notification No. 11/2023.
