On a review, it has now been decided to further enhance the existing HTM limit of 22 per cent of NDTL to 23 per cent of NDTL and allow banks to include securities acquired between April 1, 2022 and March 31, 2023 under the enhanced limit of 23 per cent.
Rationalization of risk weights on Individual Housing Loans in terms of which risk weights were rationalised irrespective of the amount, for all new housing loans sanctioned from October 16, 2020 and up to March 31, 2022. On review, it has been decided to continue with the risk weights contained in circular DOR.No.BP.BC.24/08.12.015/2020-21 dated October 16, […]
These rules may be called the Ministry of Commerce and Industry, Footwear Design and Development Institute, Executive Director Recruitment (Amendment) Rules, 2022.
Agrometal Vendibles Private Limited Vs State of Gujarat (Gujarat High Court) The intimation under sub-section (5) of Section 74 has to be strictly in Form GST DRC – 01A. It is not a show cause notice. In the intimation, the dealer should be informed that if he fails to make the payment, the next step […]
Chief Commissioner of State Tax, Rajasthan hereby assign the functions related to registration under the said Act. to the officers as mentioned in column no.2, for the purposes of Sections of the said Act mentioned in column no. 3 and for the jurisdiction as mentioned in column no. 4 against each of them in the table given below .
Shivaco Associates & Anr. Vs Joint Commissioner of State Tax, (Calcutta High Court) The petitioners claim refund in accordance with Section 54(3) of the CGST Act, 2017 on the ground that credit has accumulated on account of rate of tax on inputs being higher than the rate of tax on output supplies. Admittedly, the rate of […]
In re Chief Materials Manager, North Western Railway Vs. Moulded Fibreglass Products and Others (Competition Commission of India) The Competition Commission of India (CCI) issued a final order against eleven (11) companies/ firms which were found to have contravened the provisions of Sections 3(3)(a), 3(3)(b), 3(3)(c) and 3(3)(d) read with Section 3(1) of the Competition […]
The online window will reopen for Four Days from 00:01 hours on 07.04.2022 to 23:59 hours on 10.04.2022 for Professional Programme Students to update their Optional/Elective subject of CS Professional Program June 2022 session of Examination
Narcotics Control Bureau and Central Board of Indirect Taxes and Customs has unearthed the payment of approx. Rs. 2.2 crore through crypto-currency in 11 cases linked to drug trafficking.
Banks credit interest to savings accounts in terms of RBI’s Master Circular dated 01.07.2015, which states that interest on savings bank accounts has to be credited on regular basis, whether the account is operative or not.
