Transaction & Regulatory Advisory Services – March 2024

In this edition we have tried to bring you notice the latest amendment that followed in the month of March, 2024 issued by RBI, CCI and others.  RBI Updates Master Direction – Reserve Bank of India (Bharat Bill Payment System) Directions, 2024 RBI has issued a Master Direction – Reserve Bank of India (Bharat Bill Payment System) Directions, 2024 which […]

TRAS Alert

In this edition we have tried to bring you notice the latest amendment that followed in the month of July, 2023 issued by MCA, RBI, SEBI, IBBI and others.  SEBI LAWS SEBI amends guidelines for institutional placement of units by InvITs, REITs (July 05, 2023) SEBI amended the guidelines for preferential issue and institutional placement of units by Infrastructure Investment […]

ACCEPTANCE OF DEPOSITS

As per the Companies Act, 2013, a deposit is any money that is received, either by means of a deposit or a loan or any other form as may be prescribed, but does not include certain classes of transactions. The provisions concerning deposits are covered under Sections 73 to 76 of the Companies Act, 2013, which are generally read with […]

GENERAL DATA PROTECTION REGULATION (GDPR)

GENERAL DATA PROTECTION REGULATION (GDPR) Applicability:  General Data Protection Regulations are applicable to European Union countries like, Austria Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden. Introduction: Principles relating to processing of personal data: Rights of Users: General […]

Indirect Tax Alert – May 2023

GST Calendar – Compliances for the month of May’2023 Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’) June 10, 2023 GSTR-8 (Tax Collected at Source ‘TCS’) June 10, 2023 GSTR-1 June 11, 2023 IFF- Invoice furnishing facility (Availing QRMP) June 13, 2023 GSTR-6 Input Service Distributor June 13, 2023 GSTR-2B (Auto Generated Statement) June 14, 2023 GSTR-3B […]

Corporate & Legal – March 2023

In this edition we have tried to bring to your notice the latest amendment that followed in the month of March, 2023 issued by MCA, RBI, SEBI, DIPP and others. Ministry of Corporate Affairs (MCA) The Ministry of Corporate Affairs (MCA) has notified the Companies (Indian Accounting Standards) Amendment Rules, 2023. As per the amended rules, a new para 39AG […]

Corporate & Legal Alert – October 2022

In this edition, we have tried to bring you to notice the latest amendment that followed in the month of October 2022 issued by MCA, RBI, SEBI, DIPP, and others. Amendments issued by RBI RBI launches advanced supervisory monitoring system DAKSH Reserve Bank governor Shaktikanta Das has launched a new ‘SupTech’ initiative DAKSH – the bank’s Advanced Supervisory Monitoring System, […]