Updates to UNSC’s Al-Qaida Sanctions List by Addition of 2 Entries
Registered intermediaries should ensure that accounts are not opened in the name of anyone whose name appears in updated list of individuals and entities which are subject to various sanction measures such as freezing of assets/accounts, denial of financial services etc., as approved by the Security Council Committee established pursuant to various United Nations’ Security Council Resolutions (UNSCRs).
Master Circular for Custodians
In addition to the requirements specified under this Master Circular, the custodians shall be required to independently comply with the other requirements specified by SEBI for market intermediaries.
FSSAI Operationalizes MRL of Pesticides
Based on representation received, FSSAI has issued revised Maximum Residue Limit (MRL) for pesticides widely used for crop protection in Tea plantations.
Framework for General Credit Card (GCC) Facility
The terms and conditions of the credit facilities extended in the form of GCC shall be as per the Board approved policies of the banks, within the overall framework laid down by Reserve Bank.
MCA has clarified that there will be delay in issue of incorporation certificate because of delay in issuance of Tax Deduction and Collection Account Number from NSDL
MCA has issued clarification to the promoters who applied for certificate of incorporation that there is a delay in issuance of TAN (Tax Deduction and Collection Account Number) from NSDL, which is resulting a slight delay in obtaining COI (Certificate of Incorporation).
Companies (Indian Accounting Standards) Amendment Rules, 2023
The amendment provides that accounting policy information that relates to immaterial transactions, other events or conditions is immaterial and need not be disclosed in financial reporting.
Governor of WB notifies special procedure for revocation of cancellation of GST registration
The Governor of WB has notified that the GST registered person, whose registration has been cancelled and who has failed to apply for revocation of cancellation of such registration within the time period specified shall follow the special procedure.
Government of W.B issues GST related relaxations
Government of W.B waives late fee for non-filing on GSTR-10 by the due date but furnish the said return between the period from the 1st day of April, 2023 to the 30th day of June, 2023.
Government of W.B waives late fee for non-filing on GSTR-4
Government of W.B has clarified that late fee payable in excess of two hundred and fifty rupees shall stand fully waived given for the registered persons who fail to furnish the return in FORM GSTR-4 for the quarters from July, 2017 to March 2019 or for the Financial years from 2019-20 to 2021-22.
Master Circular on Registration of Indian Insurance Company, 2023
Master Circular on Registration of Indian Insurance Company, 2023 shall govern ownership, investment and financing of insurance companies.
