SEBI restricts activities of clearing corporations

Clearing Corporation shall not undertake any activity except that of clearing and settling transactions in repo and reverse repo in the debt securities that are dealt with or traded on a recognized stock exchange.

Bureau of Energy Efficiency (Manner and Intervals for Conduct of Energy Audit in electricity distribution companies) (Amendment) Regulations, 2022

The Bureau of Energy Efficiency vide notification dated 28th October, 2022 has issued the Bureau of Energy Efficiency (Manner and Intervals for Conduct of Energy Audit in electricity distribution companies) (Amendment) Regulations,2022. The regulation shall come into force on the date of their publication in the Official Gazette. The electricity distribution companies Submit the periodic […]

CBDT releases draft Common Income Tax Return Form for public consultation.

The taxpayers will not be required to see the schedules that do not apply to them. It intends the smart design of schedules in a user-friendly manner with a better arrangement, logical flow, and increased scope of pre-filling. It will also facilitate the proper reconciliation of third-party data available with the Income-tax Department vis a vis the data to be reported in the ITR to reduce the compliance burden on the taxpayers.