Wednesday, 24 October 2018

24 October 2018 Updates

23.10.18 Economic News

👉CBDT amends Form of appeal to the Appellate Tribunal and Form of Memorandum of Cross-Objections to the Appellate Tribunal

👉GSTN Update: GSTN has updated 2 New Features to its Portal such as, the Facility to Upload Statement 4 for Refund and the Facility for Amendment in Registration of Core fields.

👉RBI will Infuse Liquidity into the market by Purchasing Government Bonds of around Rs 12,000 Crore in an Auction on Thursday. The purchase will happen through Multi-Security Auction using the Multiple Price Method

👉IBBI notifies the Insolvency and Bankruptcy Board of India (Mechanism for Issuing Regulations) Regulations, 2018, to govern the process of making regulations and consulting the public.

👉After SEBI proposal, Government plans to establish a new regulator to set up the Gold Spot Exchange.

👉NSE gets SEBI nod to Launch Copper Large Futures Contract with a trading unit 25 Metric Ton (MT). In the International Commodity Markets, the 25 MT Copper Futures Contract is one of the Highest Traded Contracts and is considered as the Global Benchmark