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Advisory on Filing TRAN-1/2 Forms to claim Transitional Credit

October 1, 2022 13254 Views 1 comment Print

Facility for filing TRAN-1/ TRAN-2 or revising the earlier filed TRAN-1/TRAN-2 on the GST common portal by aggrieved taxpayers, is now available on GSTN from 01.10.2022 till 30.11.2022.

RBI increase Repo Rates by 50 basis points to Control inflation

September 30, 2022 1104 Views 0 comment Print

RBI Increases policy repo rate under liquidity adjustment facility (LAF) by 50 basis points to 5.90% with effect from 30th September 2022

List of NBFCs in Upper Layer under Scale Based Regulation for NBFCs

September 30, 2022 11469 Views 0 comment Print

Reserve Bank of India RBI releases list of NBFCs in the Upper Layer under Scale Based Regulation for NBFCs The Reserve Bank of India announced today the list of NBFCs in the Upper Layer under Scale Based Regulation for NBFCs. 2. The Reserve Bank had issued the Scale Based Regulation (SBR): A Revised Regulatory Framework for […]

Salient features of IBBI (Insolvency Professionals) (Fourth Amendment) Regulations, 2022

September 30, 2022 702 Views 0 comment Print

An IPE, recognised by IBBI, can seek registration as an IP with IBBI, by making an application in specified form along with a non-refundable application fee of two lakh rupees

14 Key decisions taken by SEBI in its Board Meeting on 30.09.2022

September 30, 2022 2328 Views 0 comment Print

Securities and Exchange Board of India  Press Releases No. 29/2022 SEBI Board Meeting The SEBI Board met in Mumbai today and, inter-alia, took the following decisions: I. Introduction of Regulatory Framework to facilitate Online Bond Platform Providers and reduction in the face value of listed privately placed debt securities The Board approved the following proposals: […]

Modalities related to Investment Adviser applications

September 26, 2022 465 Views 0 comment Print

Securities and Exchange Board of India PR No. 28/2022 Modalities related to Investment Adviser applications SEBI, vide circular ref. 2021/579 dated June 18, 2021, granted recognition to BSE Administration and Supervision Ltd. (BASL), a wholly owned subsidiary of BSE to act as an Investment Adviser Administration and Supervisory Body (IAASB) for a period of three […]

IBBI Liquidation & Voluntary Liquidation Process Regulations – Major changes

September 20, 2022 1572 Views 0 comment Print

Insolvency and Bankruptcy Board of India Press Release No. IBBI/PR/2022/37 | Dated: 20th September, 2022 Insolvency and Bankruptcy Board of India amends the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 and Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017 The Insolvency and Bankruptcy Board of India notified the Insolvency and […]

SEBI cautions against unregulated platforms offering algorithmic strategies for trading

September 2, 2022 4431 Views 0 comment Print

It has come to notice of SEBI that stock brokers provide algorithmic trading facility to investors through such platforms. In order to prevent any mis-selling and to protect the interest of investors in securities market, SEBI has now issued a circular

SC allows 4 weeks extension to open common GST portal for Tran 1 & Tran 2

September 2, 2022 7938 Views 0 comment Print

Supreme Court allows 4 weeks extension to open common portal for Tran 1 & Tran 2 Hon’ble Supreme Court while hearing an application from GSTN, has allowed extension of 4 weeks time to comply with their order dated 22/07/2022 issued in the matter of UOI & Anr. V/s Filco Trade Centre Pvt. Ltd. & Anr. […]

Changes in Table 4 of GSTR 3B – Reporting of ITC availment, reversal & Ineligible ITC

September 2, 2022 16692 Views 2 comments Print

Taxpayers advised to report ITC availment, reversal of ITC and ineligible ITC correctly as per Table 4 f GSTR-3B at GST Portal for the GSTR-3B

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