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Industry Standards Forum by SEBI: Streamlining Regulatory Implementation

August 7, 2023 1824 Views 0 comment Print

Learn about SEBI’s Industry Standards Forum, aimed at enhancing regulatory implementation through collaboration with ASSOCHAM, CII and FICCI.

Guide to E-Invoice Services Offered by New IRPs Under GST

August 2, 2023 2544 Views 0 comment Print

Introduction: The Indian Goods and Services Tax (GST) system has introduced e-Invoicing, a significant step towards enhancing ease of doing business. This article provides an overview of the services offered by the four new Invoice Registration Portals (IRPs): Cygnet-IRP, Clear-IRP, EY-IRP, and IRIS-IRP. Details: All four IRPs provide several services to facilitate e-Invoicing, including e-Invoicing […]

SEBI Clarifies: No Plan to Curb Retail Participation in Derivative Markets

July 29, 2023 5094 Views 0 comment Print

SEBI denies any proposal to restrict retail participation in derivative markets. SEBI aims to promote ease of compliance while ensuring risk management.

RBI Clarifies Star (*) Symbol on Banknotes

July 27, 2023 2181 Views 0 comment Print

Reserve Bank of India (RBI) addresses discussions on social media regarding the Star (*) symbol on banknotes, clarifying that it indicates a replacement for defectively printed notes. The banknote with the Star (*) symbol is legally valid, and information is available on the RBI website.

New Functionality for e-Invoice Exemption Declaration Now Live on GSTN

July 24, 2023 39234 Views 0 comment Print

GSTN announces the launch of the e-Invoice Exemption Declaration functionality for taxpayers exempted from e-Invoicing under CGST Rules.

Streamlining Industrial License Procedure: 15-Year Validity & Extension Guidelines

July 21, 2023 900 Views 0 comment Print

Government of India announces an extension of the Industrial License validity to 15 years for ease of doing business. Read the guidelines for extension and reconsideration.

Clarification: No Expert Committee Formation by SEBI for SCRA Changes

July 14, 2023 804 Views 0 comment Print

Get the clarification on the news item regarding the formation of an expert committee by Securities and Exchange Board of India (SEBI) for suggested changes to the Securities Contract Regulation Act (SCRA). SEBI confirms no committee formation or ongoing discussions for enhanced prosecution powers.

Geocoding Functionality Now Live for GST: Important Update

July 7, 2023 3579 Views 1 comment Print

Get the latest update on Goods and Services Tax (GST) with the introduction of geocoding functionality for accurate address details. Learn how to access and use this feature for seamless address location and verification.

RBI Invites Feedback on Draft Circular for Card Network Arrangements

July 5, 2023 1209 Views 0 comment Print

Reserve Bank of India (RBI) has released a draft circular on Arrangements with Card Networks for issue of Debit, Credit, and Prepaid Cards. RBI invites stakeholders to provide comments and feedback on the draft circular by August 4, 2023.

Withdrawal of ₹2000 Denomination Banknotes: RBI Provides Status Update

July 3, 2023 1761 Views 0 comment Print

RBI provides an update on the withdrawal of ₹2000 denomination banknotes. As of June 30, 2023, 76% of the ₹2000 banknotes in circulation have been returned. Learn more about the current status and the next steps for depositing or exchanging these banknotes.

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