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Regulatory Updates #11: CBEC attempts to minimise litigation, SEBI tightens norms for Commodity Market

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Bar & Bench will bring to you the latest regulatory and policy updates from different ministries and regulatory authorities. In this edition of Bar & Bench Regulatory Updates, we analyse the latest updates by CBEC and SEBI. Higher thresholds for filing appeals in tax cases Continuing its effort to minimise litigation and disputes, the Central Board of Excise and Customs (CBEC) has issued a press release dated 25 April 2016. The key features of the press release are as follows: Raising threshold limits for filing of appeals from the existing Rs. 5 lakhs and Rs. 10 lakhs in Custom Excise […]

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