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Foreign investment in Alternative Investment Funds (AIFs)

December 9, 2022 1263 Views 0 comment Print

Foreign investor of the AIF is a resident of the country whose securities market regulator is a signatory to the International Organization of Securities Commission’s Multilateral Memorandum of Understanding (Appendix A Signatory) or a signatory to the bilateral Memorandum of Understanding with SEBI.

Postal Export (Electronic Declaration and Processing) Regulations, 2022

December 9, 2022 2697 Views 0 comment Print

These regulations may be called the Postal Export (Electronic Declaration and Processing) Regulations, 2022. They shall come into force on the date of their publication in the Official Gazette.

Amendment in Import Policy Condition for de-notifying MMTC as a STE for import of Copra

December 8, 2022 810 Views 0 comment Print

Amendment in Import Policy Condition for de-notifying MMTC as a STE for import of Copra under Chapter 12 of ITC (HS), 2022, Schedule-I (Import Policy).

Public Procurement Policy for Micro and Small Enterprises (MSEs) Amendment Order, 2022

December 8, 2022 972 Views 0 comment Print

Consider the requests of the Central Ministries/ Departments/ PSUs for exemption, on a case to case basis, from procuring certain items from the reserved list for MSEs through open tendering

DGFT enlisted Western U.P. Chamber of Commerce & Industry to issue CoO (Non-Preferential)

December 8, 2022 699 Views 0 comment Print

Western U.P. Chamber of Commerce & Industry, Meerut is enlisted under Appendix 2E of FTP, 2015-20 for issuing Certificate of Origin (Non Preferential).

Upload of Motor Third Party data in IIBI’s portal

December 8, 2022 636 Views 0 comment Print

As per Section 147(2) of the amended Motor Vehicles Act, 1988, the Central Government prescribes premiums for motor third party insurance policies in consultation with the IRDAI.

Exposure Draft on Long-Term Fire Insurance products 

December 8, 2022 660 Views 0 comment Print

Authority issued Guidelines relating to Fire and Allied perils standard products covering Dwellings, Micro and Small businesses, namely, – Bharat Griha Raksha (BGR), – Bharat Sookshma Udyam Suraksha (BSUS) and – Bharat Laghu Udyam Suraksha (BLUS)

Review of SLR holdings in HTM category

December 8, 2022 2088 Views 0 comment Print

At present, banks have been granted a special dispensation of enhanced Held to Maturity (HTM) limit of 23 per cent of Net Demand and Time Liabilities (NDTL), for Statutory Liquidity Ratio (SLR) eligible securities acquired between September 1, 2020 and March 31, 2023, until March 31, 2023.

RBI Governor’s Monetary Policy Statement: December 7, 2022

December 7, 2022 2073 Views 0 comment Print

RESERVE BANK OF INDIA Governor’s Statement: December 7, 2022 As we come to the end of yet another turbulent year, the global economy is still marred by profound shocks and unprecedented uncertainty. Mixed signals are emanating from the geopolitical situation and financial market volatility. In the beginning of this year (2022), just as the COVID-19 […]

GST on charges collected under Unparallel Health Insurance Scheme

December 7, 2022 786 Views 0 comment Print

Charges collected under the Unparallel Health Insurance Scheme are to be considered as advance towards the provision of the health care services to the subscribers of this scheme, and accordingly, any amount collected towards this scheme will not be subjected to levy of GST

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