CBIC Issues clarification on Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019
Central Board of Indirect Taxes and Customs (CBIC) in circular dated 25th September, 2019 has clarified certain issues under Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019.
Clarification has been released on various issues related to applicability of the Scheme in specific cases.
RBI enhances Limit for Classification of Exports under priority Sector
The Reserve Bank of India in its notification dated 20th September, 2019 amended the Para 8 of the “Master Direction on Priority Sector Lending-targets and Classification”. The Master direction was released on July 7, 2016 which pertains to export credit. This decision has been taken in order to boost credit to export sector. RBI has […]
SEBI (Prohibition of Insider Trading) Regulations, 2015 amended
The Securities and Exchange Board of India (SEBI) vide notification dated 17th September, 2019 has published the Securities and Exchange Board of India (Prohibition of Insider Trading) (Third Amendment) Regulations, 2019. The amendment has been done to include provision for an Informant mechanism for early detection of insider trading and better enforceability. The amendment shall be in effect from 26th December, 2019.
