SEBI: SEBI has issued guidelines for Business Continuity Plan (BCP) and Disaster Recovery (DR) of Qualified RTAs (QRTAs). [Circulars No. SEBI/HO/IMD/IMD-TPD-1/P/CIR/2023/173 dated 20th Oct 2023]
SEBI: Further amendments notified to the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014. [Notification No. SEBI/LAD-NRO/GN/2023/160 dated 20th Oct 2023]
SEBI: In view of amendments to Regulations 61A of LODR (Listing Obligations and Disclosure Requirements) Regulations 2015, it is clarified that in case of any unclaimed amounts transferred to IEPF (Investor Education Protection Fund) shall not bear any interest. Accordingly similar amendments notified in SEBI (Investor Protection & Education Fund) Regulations, 2014. [Notification No. SEBI/LAD-NRO/GN/2023/157, …
SEBI: Further amends to the Securities and Exchange Board of India (Employees’ Service) Regulations, 2001 stating changes w. r. t. age limits and educational qualifications of SEBI officers. [Notification No. SEBI/LAD-NRO/GN/2023/156 dated 20th Oct 2023]
Company Law: MCA takes away RD’s power to levy additional costs to order confirming the shifting of Registered Office from one state to another state, as per Companies (Incorporation) Third Amendment Rules, 2023 notified. [Notification No. G.S.R. 790(E) dated 20th Oct 2023]
Income Tax: CBDT Grants Condonation of delay for AY 2021-22 for Form 10-IC Filing Until 31.01.2024. [Circular No. 19/2023-Income Tax dated 23rd Oct 2023]
DGFT: Import of ‘Human Embryos’ and ‘Human Gametes’ under ITCHS 0511 99 99 is ‘Prohibited’ in accordance with the ART (Regulation) Act, 2021, and The Surrogacy (Regulation) Act, 2021. [Notification No.39/2023 dated 23rd Oct 2023]
Others : Copper Products (Quality Control) Order, 2023 [Order No.S.O.4595 (E ) dated 17th Oct 2023]
Others : Drums and Tins (Quality Control) Order, 2023 [Order No.S.O.4596 (E ) dated 17th Oct 2023]
FEMA : Foreign Exchange Management (Debt Instruments) (Second Amendment) Regulations, 2023 issued. [Notification No. FEMA.396(2)/2023-RB. Dated 16th Oct 2023]
Income Tax: CBDT extends due date of Filing Audit report- Section 10AA(8), this is an extension of the due date for filing the accountant’s report. The extended due date for Assessment Year 2023-24 has been moved from the specified date under section 44AB to 31st December 2023. [Circular No.18/2023 dated 20th Oct 2023]
Income Tax: New CBDT Rule 16D notified & Form No. 56F for Section 10AA Deduction identified. [Notification No.91/2023 dated 19th Oct 2023]
Policy circular issued for implementation of Import Management Systems for IT Hardware. [Policy Circular No.06/2023-24 dated 19th Oct 2023]
DGFT: Import of IT hardware manufactured in SEZ to DTA shall be exempt from an import authorization. As well as Import by private entities on behalf of Central & State Government entities for defense & securities purpose shall be exempt from an import authorization. [Notification No.38/2023 dated 19th Oct 2023]
DGFT: Quantity for Export of Non-Basmati White Rice (Under HS Code 1006 30 90) to Nepal, Cameroon, Cote d’ Ivore, Republic of Guinea, Malaysia, Philippines and Seychelles is notified. [Notification No.37/2023 dated 18th Oct 2023]
DGFT: Extension of date for restriction on export of Sugar beyond 31st October 2023. [Notification No.36/2023 dated 18th Oct 2023]
DGFT: Discontinuation of Issuance of Physical copy of Restricted Import Authorization with effect from 19.10.2023. [Trade Notice No.31/2023-24 dated 19th Oct 2023]
Customs : Revised All Industry Rates of Duty Drawback notified with effect from 30th October 2023. [Notification No.77/2023-Cus (NT) dated 20th Oct 2023]
Customs : In order to implement recommendations made by the GST Council during its 52nd Meeting with respect to GST rates on goods customs notification issued.[Notification No.60/2023-Cus dated 19th Oct 2023]
GST : Various changes notified in GST rates, Exempt services, RCM services effective from 20th Oct 2023 vide Notification No. 14/2023 to 20/2023-Central Tax (Rate) and Notification No.15/2023 to 23/2023-Integrated Tax Rates and Notification No.12/2023 to 20/2023-Union Territory Tax Rates Dated: 19th October 2023]
