The Securities and Exchange Board of India (‘SEBI”) today signed a Memorandum of Understanding (MoU’) with the Central Board of…
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Procedural Guidelines for Proxy Advisors
The SEBI on 3 August 2020 issued circular providing procedural guidelines for all SEBI registered Proxy Advisors. The said guidelines…
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SEBI Update
SEBI has notified amendments to SEBI (Investment Advisers) Regulations, 2013. These amendments are intended to strengthen the regulatory framework for…
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Extension of Time Submission of Financial results for Quarter/ Half Year/ Financial Year Ended 30th June 2020
SEBI regulations requires a listed entity to submits its quarterly/ half-yearly/ annual financial results within 45 days or 60 days…
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Administration & Supervision of Investment Advisers
As per SEBI (Investment Advisers) Regulations 2013, SEBI can also recognize any body/ body corporate for the purpose of recognizing…
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39 th GST Council Meeting Highlights
Due dates extended for GSTR-9 and GSTR-9C – The due date for filing GSTR – 9 and GSTR – 9C…
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Implementation of Indian Accounting Standards (IND-AS) For NBFC & ARC
RBI circular issued in March 2020 provided that net unrealised gains arising on fair valuation of financial instruments, should not…
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RBI Has Issued Framework for Authorisation of Pan-India Umbrella Entity for Retail Payments
Eligibility: Any resident entity having minimum 3 years of experience in the payments ecosystem as Payment System Operator (PSO)/ Payment…
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Extension of Due-Date for filing FLA return for FY 2019-20
The annual return on Foreign Liabilities and Assets (FLA) is required to be submitted directly by all the Indian companies…
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Non-Personal Data Governance
Report by the Committee of Experts on Non-Personal Data Governance Framework Ministry of Electronics and Information Technology formed the Committee…
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Ministry of Corporate Affairs amends certain Indian Accounting Standards amid Covid-19 Pandemic
The government has amended certain Indian Accounting Standards (Ind-AS), including the standard relating to leases amid the coronavirus pandemic Ind-AS…
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Statement of Financial Transaction
Dear Sir/Madam, This is in connection with the Statement of Financial Transaction (‘SFT’) to be filed by 30 June 2020for…
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Clarification on refund of charges imposed by banks on the prescribed e-modes under section 269SU
For encouraging a move towards a digital and cashless economy Sec 269SU had been inserted into the Income Tax Act…
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Extension of date of filing of Income Tax Return AY 2019-20
After the original due date of filing of Income Tax return, returns can be filed on or before 31st March…
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Extension of TDS & TCS filing dates
– Recently, Central Board of Direct Taxes (CBDT) vide notification No 35/2020 dated 24 June 2020 has extended the due…
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Memorandum of Understanding (MoU) signed between CBDT and MoMSME
A Memorandum of Understanding (MoU) was signed between the Central Board of Direct Taxes (CBDT) and the Ministry of Micro,…
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Memorandum of Understanding (MoU) signed between CBDT and CBIC
A Memorandum of Understanding (MoU) was signed between the Central Board of Direct Taxes (CBDT) and the Central Board of…
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Transparent Taxation Platform Launched – A Key Tax Administration Reform
– PM Narendra Modi on 13th August, 2020 launched the platform for ‘Transparent Taxation – Honoring the Honest’ aimed at…
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