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SEBI (Mutual Funds) (Amendment) Regulations, 2023

June 26, 2023 3015 Views 0 comment Print

SEBI has issued the Securities and Exchange Board of India (Mutual Funds) (Amendment) Regulations, 2023. Learn about amendments and changes made to Mutual Funds Regulations in this notification.

SOP for processing of GST Registration application at SEVA KENDRA

June 23, 2023 1233 Views 0 comment Print

Learn about SOP for processing GST registration applications at Seva Kendra by Trade & Taxes Department in Delhi in 2023.

RBI Circular: Status of MIFOR as a Significant Benchmark

June 23, 2023 2061 Views 0 comment Print

Read the RBI circular dated June 23, 2023, regarding the status of MIFOR as a significant benchmark. The circular highlights the cessation of MIFOR publication after June 30, 2023, and provides the updated list of significant benchmarks administered by FBIL.

Amendments to Category 5B of SCOMET List – Simplification & Liberalization of Drone Export Policy

June 23, 2023 1161 Views 0 comment Print

DGFT Notification No. 14/2023, has introduced amendments to Category 5B of Appendix 3 (SCOMET Items) to Schedule 2 of the ITCHS classification. The amendments simplify and liberalize the SCOMET policy for the export of drones and unmanned aerial vehicles (UAVs). The notification provides details on the revised categories, including exemptions and conditions for General Authorization for Export of Drones (GAED). Read more for a comprehensive analysis of the amendments and their impact.

CBDT amends rules pertaining to registration, approval & activities of Institutions, trusts & funds

June 23, 2023 8877 Views 1 comment Print

The amendments brought about by Notification No. 45/2023 – Income-Tax (Income-tax (Eleventh Amendment) Rules, 2023) encompass multiple provisions and rules within the Income-tax Act, 1961. The notification details changes to rule 2C, rule 11AA and rule 17A of Income-tax Rules, 1962, under different sections such as section 10, section 12A, section 80G, and more. Notification […]

CBDT approves University of Patanjali’ for Social Science Research under Section 35 of Income Tax Act

June 23, 2023 747 Views 0 comment Print

Ministry of Finance, Department of Revenue, has issued Notification No. 44/2023, approving ‘University of Patanjali’ for conducting research in Social Science or Statistical Research under section 35 of the Income Tax Act.

Rules and Code of Conduct for Bar Council Elections 2023

June 23, 2023 3144 Views 0 comment Print

ead the latest notification from the Bar Council of India regarding the rules and code of conduct for the elections of State Bar Council and Bar Council of India. Learn about the qualifications, disqualifications, and procedures involved in the elections. Stay informed and ensure fair and transparent elections.

RBI Allows Remittances to IFSCs for ‘Studies Abroad’ under LRS

June 22, 2023 1659 Views 0 comment Print

RBI has issued a circular allowing remittances to International Financial Services Centres (IFSCs) for the purpose of ‘studies abroad’ under the Liberalised Remittance Scheme (LRS). This move expands the scope of permissible transactions in IFSCs and benefits resident individuals pursuing courses mentioned in the gazette notification.

Amendment in Export policy of HS Code 2610

June 22, 2023 855 Views 0 comment Print

DGFT Notification No. 13/2023-DGFT amends export policy of items under HS Code 2610, specifically related to Chrome Ore. Understand the revised export policy and policy conditions for different categories.

Consumer Protection (Direct Selling) (Amendment) Rules, 2023

June 21, 2023 4113 Views 0 comment Print

Read the notification issued by the Ministry of Consumer Affairs, Food and Public Distribution regarding amendment to Consumer Protection (Direct Selling) Rules, 2021. The amendment introduces changes in rule 3, including the definition of a network of sellers in direct selling activities.

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