NSE warning against security market tips
It has been brought to the notice of NSE that person named “Kirti Patel” associated with entities named “Decent Wealth Management” and “Money Forest” operating through mobile number “9016478696” and “7862029937” is providing securities market tips and assured/guaranteed returns on investment in stock market. Participation in such prohibited schemes is at investors own risk, cost and consequences as such schemes are neither approved nor endorsed by the Exchange.
Clarification regarding Usage of brand name/trade name by Investment Advisers (IA) and Research Analysts (RA)
investment advisers and research analysts may use the brand name/trade name/logo subject to SEBI directions. SEBI logo shall not be used by IA/RA.
Customs (Waiver of Interest) Order, 2023
CBIC has waived the whole of interest payable on failure to pay import duty within the specified time in terms of sub-section (2) of section 47 of the Customs Act, 1962. This waiver will apply for the period from 1st April, 2023 up to and including the 10th April, 2023.
Information Technology (Intermediary Guideline and Digital Media Ethics Code) Amendment Rules, 2023
These Amendment Rules amend the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021. They have now incorporated provisions relating to online gaming.
CBDT has amended the list of jurisdictions for defining ‘Passive Non- Financial Entities’
The notification states that an investment entity that is not located in any of the notified jurisdictions will be termed as a passive non-financial entity.
Central Reserve Police Force, Constable (General Duty), General Duty Cadre, Group ‘C’ Post, Recruitment Rules, 2023
The Rules provide for number of post, classification and level in the pay matrix and method of recruitment, age-limit, qualifications, etc The also specify the age-limit for direct recruits and the educational and other qualifications required for direct recruits.
The Surrogacy Regulations, 2023
The regulations provide that if the appropriate authority is of opinion that there exists an eligibility condition for surrogacy it may be sent to the National Board for consideration and approval before issuing the eligibility certificate. This eligibility condition refers to a condition other than those mentioned in the Surrogacy Act, 2021.
Clarification regarding IRDAI (Expenses of Management of insurers transacting Life Insurance business) Regulations 2023
Clarification is provided regarding Return of Expenses of Management. All insurers transacting Life insurance business, at the expiration of each financial year, shall prepare with reference to that year a Return of Expenses of Management.
Clarification regarding EPCG Authorization process from DGFT portal
Online application for redemption/closure of EPCG authorization may be submitted by navigating to DGFT website –> Services –> AA / EPCG –> Closure of Advance Authorization / Closure of EPCG.
Clarification regarding tax to be deducted at source (TDS) on salary income of a person under section 192 of the IT Act
A deductor, being an employer, shall seek information from each of its employees having income under section 192 of the Act regarding their intended tax regime and each such employee shall intimate the same to the deductor, being his employer, regarding his intended tax regime for each year and upon intimation, the deductor shall compute his total income, and deduct tax at source thereon according to the option exercised.
