NCT Delhi mandates to have a Dynamic Quick Response Code to issue a B2C invoice
NCT Delhi has provided that any registered person with aggregate turnover in a financial year exceeding five hundred crore rupees shall Dynamic Quick Response Code to issue a B2C invoice.
Finance Department of NCT Delhi waives late fee for late filing of Form GSTR-10.
The Form GSTR-10 can be filed without paying late fee in excess of Rs.250 between 22.09.2020 to 31.12.2020.
Food stuffs intended for nutritional use excluded from the scope of Proprietary Foods
All the Central Licensing Authorities are directed to identify proprietary food licenses granted to FC 13 category and advise such FBOs to get them suitably modified under FoSCOS without any modification fee up to 30th June, 2021.
SEBI introduces Flexi Cap Fund as a new category under equity schemes.
For the Flexi Cap Fund a minimum investment in equity & equity related instruments shall be 65% of total assets and the asset management company shall ensure that a suitable benchmark is adopted for the Flexi Cap Fund.
SEBI instructs stock exchanges to ensure investors complaints are resolved within 15 working days.
The stock exchanges shall ensure that the investor complaints are resolved within 15 working days from the date of receipt of the complaint. Additional information, if any, required from the complainant, shall be sought within 7 working days from the date of receipt of the complaint.
SEBI issues norms regarding holding of liquid assets in open-ended debt schemes & stress testing of open-ended debt schemes.
The liquid and overnight assets shall not be included for determining the scheme characteristics of the open-ended debt schemes, currently, liquid schemes are required to hold a minimum of 20 percent in liquid assets.
SEBI issues framework for outsourcing activities of limited purpose clearing corporation.
The LPCC shall enter into necessary agreements with the Stock Exchanges where it proposes to offer clearing /settlement of repo transactions and their associated Clearing Corporations for continuity purposes.