Overlapping GST proceedings require Central and State authorities to designate one competent authority for coordinated adjudication of the same matter...
Composite healthcare supplies retain exemption when patient care is the contract's essential character, despite payment through an implementing agency...
Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...
The circular mandates PCMs to include Annexure 3 in System Audits and submit information on major/minor NCs as per Annexure 4. The System Audit report, including compliance with SEBI/CCs guidelines and the status of previous observations, must be presented to the PCM's Governing Board and communicated to CCs within a month of audit completion. CCs are advised to create a uniform penalty structure for timely submission and closure of audit observations. Effective immediately, the first audit is for FY 2023-24. Issued u/s 11(1) of SEBI Act, 1992, the circular aims to protect investors and regulate the securities market. Available on SEBI's website.
The circular mandates PCMs to include Annexure 3 in System Audits and submit information on major/minor NCs as per Annexure 4. The System Audit report, including compliance with SEBI/CCs guidelines and the status of previous observations, must be presented to the PCM's Governing Board and communicated to CCs within a month of audit completion. CCs are advised to create a uniform penalty structure for timely submission and closure of audit observations. Effective immediately, the first audit is for FY 2023-24. Issued u/s 11(1) of SEBI Act, 1992, the circular aims to protect investors and regulate the securities market. Available on SEBI's website.
Note: It is a system-generated summary and is for quick reference only.