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Revised Advisory on Time limit for Reporting Invoices on IRP Portal

April 13, 2023 56067 Views 2 comments Print

It is to inform you that it has been decided by the Government to impose a time limit on reporting old invoices on the e-invoice IRP portals for taxpayers with AATO greater than or equal to 100 crores.

SEBI unveiled New Logo

April 12, 2023 2661 Views 0 comment Print

Securities and Exchange Board of India PR No.8/2023 New Logo of SEBI unveiled on the occasion of SEBI Foundation Day Securities Market regulator, SEBI has a new logo from today. The new logo was unveiled at a function held at SEBI Head Office, Mumbai on the occasion of SEBI Foundation Day in the presence of […]

Draft Circular on Fair Lending Practice – Penal Charges in Loan Accounts

April 12, 2023 1593 Views 0 comment Print

Supervisory reviews have indicated divergent practices amongst REs with regard to levy of penal interest/charges leading to customer grievances and disputes.

RBI simplifies application process for registration of Core Investment Companies

April 10, 2023 1440 Views 0 comment Print

Reserve Bank of India Date : Apr 10, 2023 RBI simplifies the application process for registration of Core Investment Companies The Reserve Bank has undertaken a comprehensive review of the system of processing of applications for registration as Core Investment Companies (CICs) to make the registration process smoother and hassle free. Accordingly, the application form has […]

L&T Mutual Fund ceases to exist as a mutual fund w.e.f. April 06, 2023

April 10, 2023 1530 Views 0 comment Print

L&T Mutual Fund Trustee Limited had requested SEBI regarding surrendering the registration granted to L&T Mutual Fund by SEBI to operate as a mutual fund.

RBI kept policy repo rate unchanged at 6.50 per cent

April 6, 2023 696 Views 0 comment Print

RBI decided unanimously to keep policy repo rate unchanged at 6.50 per cent in this meeting with readiness to act, should situation so warrant.

IBBI publishes syllabus for Limited Insolvency Examination w.e.f 1st July 2023

March 31, 2023 6480 Views 2 comments Print

IBBI published the syllabus of phase 8 of the LIE. The revised syllabus is applicable for the examination to be conducted with effect from 1st July 2023.

Highlights of SEBI Board meeting as on 29-March, 2023

March 29, 2023 3561 Views 0 comment Print

Yesterday The Chairperson of Stock Exchange Board of India had conducted a press conference in which Board have approved number of changes having far reaching effects on securities market. Lets understand them in detail – 1. Institutional Mechanisms To Detect Fraud SEBI recognized that brokers play a very important role in stock market day to […]

HSN Code Reporting in e-Invoice on IRPs Portal

March 22, 2023 6540 Views 0 comment Print

It is now mandatory for taxpayers to report a minimum of six-digit valid HSN code for their outward supplies having AATO of more than 5 crores in any previous financial year.

Advisory for the taxpayer wishing to register as “One Person Company” in GST

March 21, 2023 7785 Views 0 comment Print

21/03/2023 As per provision of section 2(62) of The Companies Act, 2013 “One Person Company” is defined as a company which has only one person as member. Some issues have been raised by the persons registering as ‘One Person Company’ while they take GST registration. Upon analysis, it has been noticed that the option of […]

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