Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Clause 1.3 of Chapter V of the NCS Master Circular is modified to expand eligibility for issuing debt securities or non-convertible redeemable preference shares on a private placement basis at a reduced face value of Rs. 10,000, by permitting zero coupon debt securities (with fixed maturity and without structured obligations) in addition to interest/dividend-bearing securities paying coupon/dividend at regular intervals (also with fixed maturity and without structured obligations). As a consequence, issuers may issue eligible privately placed debt securities at the reduced denomination whether the instrument is interest-bearing or zero coupon, and the modification applies to all such issues proposed to be listed from the date of this SEBI circular.
Clause 1.3 of Chapter V of the NCS Master Circular is modified to expand eligibility for issuing debt securities or non-convertible redeemable preference shares on a private placement basis at a reduced face value of Rs. 10,000, by permitting zero coupon debt securities (with fixed maturity and without structured obligations) in addition to interest/dividend-bearing securities paying coupon/dividend at regular intervals (also with fixed maturity and without structured obligations). As a consequence, issuers may issue eligible privately placed debt securities at the reduced denomination whether the instrument is interest-bearing or zero coupon, and the modification applies to all such issues proposed to be listed from the date of this SEBI circular.
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