CBIC Extends PAN-Aadhaar linking deadline till 31st March 2020
The Central Board of Direct Taxes vide Notification dated 30th December 2019 has extended the due date for linking permanent account number (PAN) with Aadhaar from 31st December, 2019 to 31st March 2020.
CBDT Notifies prescribed mode of payment for business with turnover more than 50cr
Businesses having turnover of more than Rs 50 crores shall “mandatorily” make arrangement to accept payments through listed electronic modes from 1st January 2020.
SEBI Issues guidelines for filing of placement memorandum of units of the infrastructure investment funds
The Securities and Exchange Board of India vide Circular dated 24th December 2019 has issued guidelines for filing of draft placement memorandum of units by an InvIT and this Circular shall be effective from 15th January 2020.
SEBI introduces stewardship code for all mutual funds and AIFs
SEBI has decided that all Mutual Funds and all categories of AIFs shall mandatorily follow the Stewardship Code in relation to their investment in listed equities under the SEBI Act, 1992.