Statutory updates

Internal Ombudsman for Regulated Entities Directions, 2023

The Reserve Bank of India issues the Reserve Bank of India (Internal Ombudsman for Regulated Entities) Directions, 2023 to integrate erstwhile Internal Ombudsman schemes and…

On Campus Training programme on "FRAUD PREVENTION AND AUDIT MECHANISM" from 08th to 12nd January 2024 at PDNASS. PDNASS No:13/67/2023-24/PDNASS/Fraud prevention/675 dated 29/12/2023

Extension of Time Limit for Section 73 Orders for FY 2018-19 and 2019-20

The Government extends the time limit for the issuance of orders under sub-section (9) of section 73 of the Central Goods and Services Tax Act, 2017.

Sea Cargo Manifest and Transhipment First Amendment Regulations 2023

The Central Board of Indirect Taxes and Customs amends the Sea Cargo Manifest and Transhipment Regulations, 2018.

circular no. 20/2023 guidelines under sub section 4 of section 194 o of the income tax act 1961

Extension of Free Import Policy for Urad and Tur Until March 2025

The Central Government extends the free import policy for Urad and Tur until 31.03.2025.

Financial Benchmark Administrators Directions

The Reserve Bank of India establishes a risk-based framework for Financial Benchmark Administrators (FBAs) operating in regulated financial markets.

CCI Approval for Acquisition of Reliance Capital by IIHL Group

The Competition Commission of India approves the acquisition of Reliance Capital Limited and its affiliates by IndusInd International Holdings Limited, IIHL BFSI (India) Limited…

Clarification on Applicability of Ad-Hoc Norms

Valid ad-hoc norms ratified on or after 01.04.2015 apply to pending cases or applications filed under the self-declaration scheme on or after 01.04.2015.

Specify Ravenna Investments Holding B.V as Specified Person under Section 10(23FE)

The Central Government specifies Ravenna Investments Holding B.V as the specified person for section 10 clause 23FE of the Income-tax Act.

Reserve Bank of India (Government Securities Lending) Directions, 2023

The Reserve Bank of India introduces a framework for Government Securities Lending (GSL) transactions.

Extension of Date for Mandatory electronic filing of Non-Preferential Certificate of Origin (CoO) through the Common Digital Platform to 31st December 2024 –reg.

Central Food Safety Officers Notification

The Food Safety and Standards Authority of India notifies new Central Food Safety Officers and updates their postings and jurisdictions by amending the principal notification of…

PCBL Limited Combination with Aquapharm Chemicals

PCBL Limited files a notice for the proposed acquisition of the entire equity share capital of Aquapharm Chemicals Private Limited.

Time Limit for Disposal of Applications

Operational Guidelines for Points of Presence under Atal Pension Yojana

The Pension Fund Regulatory and Development Authority (PFRDA) has issued comprehensive operational guidelines for Points of Presence (PoP-APY) registered under the PFRDA (Points…

Acquisition of Shares and NCDs in Dilip Buildcon and Target SPVs

Alpha Alternatives Holdings Private Limited and affiliated entities notify a proposed combination to acquire shares in Dilip Buildcon Limited and equity shareholding and…

Customs Tariff Amendment for India UAE CEPA Gold TRQ Imports

This notification amends Notification No. 22/2022-Customs to enable gold imports by valid Tariff Rate Quota holders under the India UAE Comprehensive Economic Partnership…