Major benefits under RIPS, 2019 An eligible enterprise under the RIPS, 2019 shall get the following benefits and incentives as given below: Investment Subsidy in the form of 75% of SGST due and deposited for 7 years Employment Generation Subsidy in the form of reimbursement of 50% of employers’ contribution towards employees ESI and PF for 7 years Exemption from payment…
The Pradhan Mantri Mudra Yojana aims to enable the following mancial companies and banks to provide Low Rate Loans to eligible entities. Micro Finance Institutions (MFIs) Non-Banking financial institutions/Companies (NBFCs) Small Finance Banks and RBIs Commercial Banks, Cooperative Banks, etc. The interventions have been named Shishu – covering loans up to Rs 50,000. Kishor –…
IN THE SUPREME COURT OF INDIA CIVIL ORIGINAL JURISDICTION TRANSFER PETITION (CIVIL) NOS. 496-509 OF 2020 UNION OF INDIA AND OTHERS ….. PETITIONERS(S) VERSUS AGRICAS LLP AND OTHERS ETC. ….. RESPONDENT(S) W I T H TRANSFER PETITION (CIVIL) NO. OF 2020 (DIARY NO. 8823 OF 2020) J U D G M E N T SANJIV…
Exports Incentives Scheme Merchandise Exports from India Scheme (MEIS) The MEIS rewards exporters by offsetting the infrastructural inefficiencies and associated costs. This scheme provides incentives to exporters in the form of duty credit scrips to refund losses on paid duties. Under the MEIS, an incentive of 2-5% of the ‘Free On Board’ (FOB) value of…
The Goal • India’s Foreign Trade Policy aims to (1) increase the country’s share of global trade from the current 2.1 percent to 3.5 percent and (2) double its exports to $900 billion by 2020. • However, India faces myriad obstacles: lack of full understanding of trade policy and its potential benefits, a poorly developed…
The Importer -Exporter Code (IEC) is a key business identification number which is mandatory for Exports or Imports. No person shall make any import or export except under an IEC Number granted by the DGFT. In case of import or export of services or technology, the IEC shall be required only when the service or…
Quarterly Compliance under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Regulation Compliance/Disclosures/Report Timeline Due Date Q1 Ending June Q2 Ending September Q3 Ending December Q4 Ending March Regulation 31 (1) (b) Disclosure of Shareholding Pattern Within 21st day from the end of the quarter By 21st July By 21st October By 21st January By 21st April 27(2)(a) Corporate Governance Report Corporate…
BEFORE THE SECURITIES APPELLATE TRIBUNAL MUMBAIAPPEAL NO. 1/2001 In the matter of: R.K. Agarwal Appellant Vs. Securities and Exchange Board of India Respondent APPEARANCE None for the Appellant Mr. K.R.C.V. Seshachalam Asst. Legal Adviser, SEBI for the Respondent (Appeal arising out of the order dated 3.11.2000 made by the Chairman, Securities and Exchange Board of…
SECURITIES AND EXCHANGE BOARD OF INDIA FINAL ORDER Under Sections 11(1), 11(4), 11(4A), 11B(1), 11B(2) and 15I of the Securities and Exchange Board of India Act, 1992 read with Rule 5 of the SEBI (Procedure for Holding Inquiry and Imposing Penalties) Rules, 1995 and Sections 12A(1), 12A(2) and 23I of Securities Contracts (Regulations) Act, 1956…
MASTER CIRCULAR SEBI/HO/ISD/ISD/CIR/P/2021/22 March 01, 2021 To 1. All Recognized Stock Exchanges 2. All Depositories 3. All Listed Companies 4. All Market Intermediaries registered with SEBI under Section 12 of the SEBI Act, 1992 5. Fiduciaries as per SEBI (Prohibition of Insider Trading) Regulations, 2015 Dear Sir/Madam, Sub: Master Circular on Surveillance of Securities Market…
MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 24th December, 2021 S.O. 5401(E).—In exercise of the powers conferred by sub-clause (iia) of clause (h) of section 2 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956), (hereinafter referred to as the said Act), the Central Government hereby declares “Electronic Gold Receipt”…
SECURITIES AND EXCHANGE BOARD OF INDIA (INTERNATIONAL FINANCIAL SERVICES CENTRES) GUIDELINES, 2015 Dated : March 27th, 2015. In exercise of the powers conferred by section 11(1) of the Securities and Exchange Board of India Act, 1992 and sections 4 and 8A of the Securities Contracts (Regulation) Act, 1956 read with Section 18(2) of the Special…
