RBI, by issuing Circular  RBI/2017-18/204  A.P. (DIR Series) Circular No. 32 on 19th June, 2018, tightens the remittance norms under Liberalized Remittance Scheme. The  RBI  has tightened norms for  Liberalised Remittance Scheme  ( LRS ) by making quoting of permanent account number ( PAN ) mandatory even for transactions below USD …

SEBI had its board meeting on 21st June, 2018 to discuss many important issues. Following are few of important decisions taken by SEBI in its meeting dated 21st June, 2018 1. Review of SEBI (SAST) Regulations, 2011 It has been decided to grant additional time for upward revision of open offer price till one working day before the co…

GST: Transporters can now use common enrollment number across multiple states To help the logistics industry comply with e-way bill requirements with ease, the Finance Ministry has notified new rules for transporters running businesses in multiple States. The Central Goods and Services Tax (Sixth Amendment) Rules, 2018, which came …

Ministry of Corporate Affairs (MCA) issued a notification notifying the Companies (Significant Beneficial Owners) Rules, 2018 with effect from 13th June, 2018. This step is taken by MCA after notifying Section 90 of Companies Act, 2013 with effect from 13th June, 2018. Section 90 deals with "significant beneficial owner". …

Central Board of Direct Taxes (CBDT) has notified the cost inflation index (CII) at 280 for FY 2018-19. By issuing a notification dated 13th June, 2018, CBDT has added an entry for FY 2018-19 for Cost Inflation Index at 280. CBDT further clarifies that this changes will come into force with effect from 01st day of April, 2019 and sh…

How to download, install and activate emSigner for Ministry of Corporate Affairs? Ministry of Corporate Affairs (MCA) has mandated the stakeholders to install emSigner for registering Digital Signature of users on MCA. You can find below step by step procedure to download, install and activate emSigner on your computer for registeri…