SEBI imposes an additional 3% penalty on repeated default by seller.
Sebi, in consultation with clearing Corporations (CCs), has decided that in the case of repeated defaults by a seller or a buyer, for each instance of repeated default an additional penalty shall be imposed. Which shall be 3 % of the value of the delivery default.
The government of West Bengal extends COVID-19 restrictions till 31st August.
The Additional relaxation allows the shops and establishments including restaurants and bars which were previously allowed to remain open till 8 pm, shall now remain in operational till 10.30 pm.
The Cost and Works Accountants (Amendment) Regulations, 2021.
As per the draft, a new regulation 111D has been inserted which reads as “A member in practice may form a multi-disciplinary firm with the member of other professional bodies as prescribed under Regulations 111B and 111C in accordance with the regulating guidelines of the Council for functioning and regulation of such multidisciplinary firm”
Ministry of Chemicals and Fertilizers issues operational Guidelines for the Production Linked Incentive scheme for Pharmaceuticals.
Through these revised guidelines the time period allowed for filing the application shall be from 2nd June 2021 to 31st August 2021.