SEBI cautions public against unauthorized money mobilization by entities claiming to provide Portfolio Management Services.

SEBI registered intermediaries including Portfolio Managers (who manage Portfolio Management Schemes) cannot offer products with assured or fixed return on investment. Many such unauthorised schemes are run like Ponzi schemes without any real investment made …

The Central Motor Vehicles (Draft Amendment) Rules, 2022.

The amber light, if displayed by any direction indicator or as top light used on vehicle for operating within the premises such as airports, ports, mines and project sites, without going outside the said premises …

Directorate General of Training (DGT) launches Bharatskills Forum, a digital knowledge-sharing platform for the ITIs’ trainees, trainers and industry.

DGT in Oct 2019 had launched an online learning platform called the Bharatskills (https://bharatskills.gov.in ), a Central Digital Repository for the trainees and trainers of the ITI ecosystem, providing easy access to updated curriculum, e-books, …

Ministry of education extends the last date for submission of application for National Means cum Merit Scholarship scheme till 15th October 2022.

The National Means cum Merit Scholarship Scheme (NMMSS) is boarded on the National Scholarship Portal (NSP) – a one stop platform for scholarship schemes given to students. NMMSS scholarships are disbursed directly into the bank …

RBI revises matrix for calculation of late submission fee for FEMA returns

The new matrix shall come into effect immediately for the delayed filings made on or after the date of this circular.

Draft Central Motor Vehicles (Amendment) Rules, 2022

The amendment provides that Vehicles of category M1, manufactured after 01st October, 2023, shall be fitted with two side/side torso air bags, one each for the persons occupying front row outboard seating positions and two …

Draft Central Motor Vehicles (Amendment) Rules, 2022

Objections or suggestions, if any, may be sent to the Joint Secretary (MVL, Transport, Toll), Ministry of Road Transport and Highways, Transport Bhawan, Parliament Street, New Delhi-110 001, Email: commentsmorth@gov.in. within 30 days of publication …

SEBI approves the proposal to introduce pre-filing of offer document as an optional alternative mechanism for the purpose of Initial Public Offer on the Main Board of Stock Exchanges.

The Board approved the proposal to mandate the issuers coming out with IPO, to make disclosure of Key Performance Indicators (KPIs) and price per share of issuer based on past transactions and past fund raising …

The Sugarcane (Control) (Amendment) Order, 2022.

notwithstanding anything contained in this sub-clause, in view of the problems faced by the project proponents on account of lockdown imposed due to Corona Virus Pandemic (COVID-19) and its subsequent consequences, further extension of two …

CBDT extends due date for filing of various reports of audit for the Assessment Year 2022-23 under the Income-tax Act, 1961.

On consideration of difficulties faced by the taxpayers and other stakeholders in filing of various reports of audit for the Assessment Year 2022-23 under the Income-tax Act,1961(Act), Central Board of Direct Taxes (CBDT) has decided …

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