Tag: covid-19
RBI relaxes norms for periodic updation of KYC by banks. Operations of such account not to be restricted till December 31, 2021 In terms of Section 38 of the Master Direction on KYC dated February 25, 2016, Regulated Entities (REs) are required to carry out periodic updation of …
RBI Resolution Framework-2 for Covid-19 related stress of Individuals and Small Businesses. The last date for invocation of resolution is September 30, 2021. The RBI vide Resolution Framework – 1.0 “Resolution Framework for COVID-19-related Stress” had provided a window to enable lenders to implement a resolution plan in …
RBI extends restructuring of MSMEs existing loans without downgrade in asset classification In August 2020, to support the MSME entities on account of Covid-19 pandemic RBI had permitted that existing loans to MSMEs classified as ‘standard’ may be restructured without a downgrade in the asset classification. In view …
Govt. exempts integrated tax on import of Remdesivir injection, oxygen, covid-19 vaccines & related raw materials etc. by State Government MINISTRY OF FINANCE(Department of Revenue)AD HOC EXEMPTION ORDER Notification No. 4/2021-Customs New Delhi, the 3rd May, 2021 G.S.R. 316(E).—In exercise of the powers conferred by sub-section (2) of …
SEBI relaxes timeline for processing of demat requests to July 31, 2021 in view of the Covid-19 situation, amends old circular Securities & Exchange Board of India CIRCULAR SEBI/HO/MIRSD/RTAMB/P/CIR/2021/558 April 29, 2021 To,All Listed Companies (through Stock Exchanges)All Recognized Stock ExchangesAll Registrars to an Issue & Share Transfer …
SEBI gives relaxations from compliance of certain provisions of LODR Regulations & other applicable circulars with respect to publication of financial/Annual audited results Securities and Exchange Board of India CIRCULAR No. SEBI/HO/DDHS/DDHS_Div1/P/CIR/2021/557 April 29, 2021 ToAll entities that have listed their debt securities/bonds1All Recognized Stock Exchanges Madam / …
SEBI again gives relaxation in timelines for compliance with regulatory requirements due to second wave of Coid-19 SECURITIES AND EXCHANGE BOARD OF INDIA CIRCULAR SEBI/HO/MIRSD/DOP/P/CIR/2021/559 April 29, 2021 To, 1. All Recognised Stock Exchanges and Clearing Corporations 2. All Depositories 3. Trading members / Clearing Members through Stock …
DGFT starts COVID-19 Helpdesk for International Trade related Issues Government of India Ministry of Commerce and IndustryDepartment of CommerceDirectorate General of Foreign Trade Dated: 26.04.2021 Udyog Bhawan, New Delhi Trade Notice No. 02/2021-2022 To,All Exporters/Members of TradeAll Export Promotion Councils/Commodity Boards Subject: Operationalisation …
CBIC instructs expediting Customs Clearances for import of equipments for setting up RT-PCR test labs, medical equipments etc. consignments relating to COVID 19 pandemic Instruction No.06/2021-Customs F.No.450/117/2021-Cus-IVGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and Customs Room No. 227B, North Block, New …
Government extends certain timelines under Income Tax Act in view of Covid-19 pandemic As per Press Release issued by the Finance Ministry on 24th April, 2021, in view of the severe Covid-19 pandemic raging unabated across the country, extended certain timelines under Income Tax Act. Various taxpayers, consultants …
