Blog

RBI withdraws 2000 Rupee Denomination Banknotes from Circulation; Will Continue As Legal Tender

It has been decided to withdraw the 2000 rupees denomination Banknotes from circulation The Banknotes In 2000 Rupees Denomination will continue to be Legal Tender; only fresh issue stopped. Banks may exchange 2000 Rupees Banknotes upto a limit of 20,000 Rupees at a time Reason stated is 2000 Rupee notes not commonly used for transactions; …

RBI withdraws 2000 Rupee Denomination Banknotes from Circulation; Will Continue As Legal Tender Read More »

EXCHANGES WARN LISTED FIRMS AGAINST MISLEADING OR FALSE PUBLICITY

Listed companies have got a rap on the knuckles from the stock exchanges for issuing manipulative or distorted statements. Amid a boom in the stock market, stock exchanges have come out with a list of dos and don’ts companies need to keep in mind while communicating with their shareholders. In a strongly-worded statement, exchanges warned …

EXCHANGES WARN LISTED FIRMS AGAINST MISLEADING OR FALSE PUBLICITY Read More »

SEBI: CLARIFIES ON CHANGE IN CONTROL BY TRANSFER/TRANSMISSION OF SHAREHOLDINGS FOR MARKET INTERMEDIARIES

SEBI issues clarifications w.r.t. transfer of shareholdings among immediate relatives and transmission of shareholdings and their effect on change in control for market intermediaries; Lays down scenarios whereby change in shareholding of the intermediary will not be construed as change in control, namely – (i) transfer of shareholding among immediate relatives (as defined under Regulation …

SEBI: CLARIFIES ON CHANGE IN CONTROL BY TRANSFER/TRANSMISSION OF SHAREHOLDINGS FOR MARKET INTERMEDIARIES Read More »

CBIC NOTIFIES ICEGATE AS COMMON PORTAL FOR REGISTRATION, BILLS OF ENTRY – THE ECONOMIC TIMES

The Central Board of Indirect Taxes and Customs (CBIC) notified ICEGATE or Indian Customs and Central Excise Electronic Commerce/Electronic Data Interchange (EC/EDI) Gateway as the common customs electronic portal for all customs related documentation and duty payments. In a notification issued Monday, the Board has specified the portal as the one for facilitating registration, filing …

CBIC NOTIFIES ICEGATE AS COMMON PORTAL FOR REGISTRATION, BILLS OF ENTRY – THE ECONOMIC TIMES Read More »