SEBI publishes Issue Summary Document (ISD)
The SEBI vide circular dated February 15, 2023 has issued an Issue Summary Document (ISD) has been designed. It has been decided to introduce the ISD for the following, in XBRL (Extensible Business Reporting Language) format:i. public issue of specified securities (initial public offer / further public offer);ii. further issues {preferential issue, qualified institutions placement (QIP), […]
Panel of Insolvency Professionals for NCLT Delhi
The Insolvency and Bankruptcy Board of India has issued Panel of Insolvency Professionals for NCT Delhi for appointment as,– Interim Resolution Professional (IRP) in a Corporate Insolvency Resolution Process (CIRP) under section 16(4),– Liquidator in a liquidation process under section 34(6),– Resolution Professional (RP) in an individual insolvency resolution process under section 97(4) or 98(3), […]
Securities and Exchange Board of India (Real Estate Investment Trusts) (Amendment) Regulations, 2023
SEBI on 14th February, 2023 has issued the Securities and Exchange Board of India (Real Estate Investment Trusts) (Amendment) Regulations, 2023. The amendment provides that “Independent director” in case of a Real Estate Investment Trusts company means a director, other than a nominee director of the investment manager: (i) Who, in the opinion of the Board […]
Securities and Exchange Board of India (Infrastructure Investment Trusts) (Amendment) Regulations, 2023
SEBI on 14th February, 2023 has issued the Securities and Exchange Board of India (Infrastructure Investment Trusts) (Amendment) Regulations, 2023. The amendment provides that “Independent director” in case of a Infrastructure Investment Trust company means a director, other than a nominee director of the investment manager: – (i) who, in the opinion of the Board […]
Government of Rajasthan notifies Remission of certain Stamp Duties
As a matter of public interest the Government of Rajasthan has decided to remit stamp duty chargeable on the instruments of immovable property having market value up to Rs. fifty lakhs. These instruments must be executed for the purposes of establishment of workplace for a start-up having eligibility certificate under the Rajasthan Start-up Policy, 2022.
Government of Rajasthan amends the Rajasthan Investment Promotion Scheme-2022
Government of Rajasthan has issued a notification amending the Rajasthan Investment Promotion Scheme-2022. This notification was issued on 10th February, 2023. The notification inter alia amends the eligibility of enterprises to the policy, training & Skilling Incentive and qualifying criteria for manufacturing standard package.
Income-tax (First Amendment) Rules, 2023
The amendment has revised the forms used to file income tax returns and to receive acknowledgement.
FAQs on IFSCA (FinTech Incentive) Scheme, 2022
An illustrative list of permissible expenses towards re-imbursement, expenditure category wise, along with acceptable documents under the IFSCA (FinTech Incentive) Scheme, 2022 is provided in the FAQ.
Pre-Shipment Inspection agencies approved shall have validity period of 03 years
Details of approved spectrometers and survey meters for issuance of PSIC by these agencies are also provided in the notification. The notified PSIA must ensure to update their membership certificate of MRAI/ISRI/IFIA and their office address and contact details within 30 days.
Government of Rajasthan issues timeline for disposal of application for refund of GST
The proper officers, on the receipt of an application for refund under section 54 of the Rajasthan Goods and Services Tax Act, 2017 shall decide such application within a period of twenty one days from the date of receipt of such application.
