Concessional rate of tax provided for certain interest income of the FPIs shall continue
Upon noticing the false media reports that the said concessional tax rate of 5% has been withdrawn, the ministry has hereby clarified that there is no change in the concessional rate of tax under the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020 and the same shall continue to be applicable for interest income.
Modified guidelines for product filing in health insurance business
IRDAI has issued modified guidelines for product filing in health insurance business. Which provides the format in which all policies issued from 01 October, 2021 onwards shall be presented.
NPPA fixes retail price for Insulin human injection
NPPA fixes price of Prasugrel Hydrochloride marketed by M/s Torrent Pharmaceuticals Pvt. Ltd, Insulin Human Injection marketed by M/s Wockhardt Ltd and Isophene Insulin Human Suspension marketed by ML M/s Wockhardt Ltd.
DGFT notifies the last date for filing applications containing shipping bills with LEO to be 31st December 2021.
The last date for filing applications containing shipping bills with LEO date before 01.10.2017 would be 31.12.2021.
The government of Bihar extends The Bihar Settlement of Taxation Disputes (Second) Ordinance for a period of 6 months.
The State Government of Bihar vide its notification dated 17th March 2021 has extend the provisions of “The Bihar Settlement of Taxation Disputes (Second) Ordinance, 2020” for the period (six months) from 21st March, 2021 to 20th September, 2021.
The Securities and Exchange Board of India (Research Analysts) (Amendment) Regulations, 2021.
professional qualification by completing a Post Graduate Program in the Securities Market (Research Analysis) from NISM of a duration not less than one year.
The Securities and Exchange Board of India (Investment Advisers) (Second Amendment) Regulations, 2021
The amendment notifies the qualification and certification requirement for an individual to be registered as investment adviser.
SEBI notifies the Securities and Exchange Board of India (Portfolio Managers) (Amendment) Regulations, 2021.
A fresh NISM certification shall be obtained before expiry of the validity of the existing certification to ensure continuity in compliance with the certification requirements.
