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Updates For the Day: May 15, 2020

SEBI relaxes minimum public shareholding norms

The Securities and Exchange Board of India vide its circular dated 14th May 2020 has...
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SEBI relaxes the procedural requirements for open and buyback offers.

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RBI extends Interest Equalization Scheme on Pre and post-shipment rupee export credit till 31st March 2021

The Reserve Bank of India vide its notification dated 13th May 2020 has extended the...
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The state government of Gujarat rescinds its earlier applicability on contract labour Act

The Labour and employment department of Gujarat vide its notification dated 13th May 2020 has...
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IRDAI has granted additional time for filing quarterly return.

The Insurance Regulatory and Development Authority of India in its circular dated 13th May 2020...
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CBIC has clarified that the incidence of NCCD to be factored for calculation of Brand Rate of Duty Drawback

The Central Board of Indirect Taxes and Customs vide its notification dated 12th May 2020...
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CBDT Notifies reduction in the rate of TDS and TCS

The rate of TDS ranges between 1% and 30% depending on the source of income,...
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SEBI further extends timelines for trading members / clearing members

The extensions are in furtherance of the relaxations in timelines for compliance with various regulatory...
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Economic Stimulus Package Part 3 announced by the Finance Minister

Recalling the Prime Minister's Nation Wide Address on 12th May 2020, the Finance Minister announced...
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CBIC has brought onboard e-SANCHIT App one more PGA namely Registrar of Newspapers of India (RNI) with its LPCOs

The Central Board of Indirect Taxes & Customs) vide circular dated 14th May, 2020 has...
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Validity of existing Export Performance Certificates extended

The Central Board of Indirect Taxes and Customs vide Notification dated 14.05.2020 has further amended...
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