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FAQs on Master Direction – RBI (Transfer of Loan Exposures) Directions, 2021 (MD-TLE)

December 7, 2022 4263 Views 0 comment Print

Dive into FAQs on Master Direction – Reserve Bank of India (Transfer of Loan Exposures) Directions, 2021 (MD-TLE). Understand key concepts like time of transfer, distribution of principal and interest income, treatment of fraud accounts, and more. Get clarity on the application of prudential norms and the eligibility of cooperative banks to transfer stressed assets.

MCA imposes penalty on Company for not affixing sign board at Registered Office

December 6, 2022 14853 Views 0 comment Print

Government of India Ministry Of Corporate Affairs Office of the Registrar of Companies, Bihar-Cum-Official Liquidator, High Court, Patna 4th Floor, ‘A’ Wing, Maurya Lok Complex Dakbunglow Road, Patna-800001 No.: ROC/Pat/Inspn./54521/S-12/2219 Dated: 06.12.2022 Order for penalty for violation of Section 12(3)(a) of the Companies Act, 2013 M/S. SUKHASAN FARMER PRODUCER COMPANY LIMITED CIN: U011001322020PTC054521 Appointment of Adjudication […]

Bullion Exchange & Bullion Clearing Corporation to comply with conditions specified by IFSCA

December 6, 2022 915 Views 0 comment Print

The Bullion Exchange and Bullion Clearing Corporation shall comply with conditions specified by IFSCA from time to time.

Rejected paddy seed not fit for human consumption merit classification under chapter heading 100610

December 6, 2022 1407 Views 1 comment Print

In re Shraddha Traders (GST AAR Chhattisgarh) (a) Rejected paddy seed would merit classification under chapter heading 100610, subject to the compliance of the stipulations and conditions as mentioned in the Section note and chapter note specified therein. (b) The exemption from whole of tax as provided under Sr. no 70 of Notification no. 02/2017-Central […]

IRDAI (Appointed Actuary) Regulations, 2022

December 5, 2022 4182 Views 0 comment Print

A. These Regulations may be called Insurance Regulatory and Development Authority of India (Appointed Actuary) Regulations, 2022. B. The Insurance Regulatory and Development Authority of India (Appointed Actuary) Regulations, 2017 and any amendments made thereafter shall be repealed from the date these Regulations come into force.

IRDAI (Regulatory Sandbox) (Amendment) Regulations, 2022

December 5, 2022 1500 Views 0 comment Print

These Regulations may be called the Insurance Regulatory and Development Authority of India (Regulatory Sandbox) (Amendment) Regulations, 2022.

IRDAI (Actuarial Report and Abstract for Life Insurance Business) (Amendment) Regulations, 2022

December 5, 2022 2136 Views 0 comment Print

These regulations may be called the Insurance Regulatory and Development Authority of India (Actuarial Report and Abstract for Life Insurance Business) (Amendment) Regulations, 2022.

IRDAI (Assets, Liabilities and Solvency Margin of General Insurance Business) (Amendment) Regulations, 2022

December 5, 2022 3369 Views 0 comment Print

These regulations may be called the Insurance Regulatory and Development Authority of India (Assets, Liabilities and Solvency Margin of General Insurance Business) (Amendment) Regulations, 2022.

GST under RCM not applicable on services rendered in India by Non-Resident Company as same is not import

December 4, 2022 4704 Views 0 comment Print

In re Tokyo Electronic Power Company Holdings INC (GST AAAR Odisha) Supplier of service M/s. Tokyo Electric Power Company (TEPCO) is located in Japan, which is non-taxable territory. The recipient of service M/s. Odisha Power Transmission Corporation Limited is located in India, which is the taxable territory and place of supply of service will be […]

Job work charges should be clearly mentioned in invoices: AAAR

December 4, 2022 2433 Views 0 comment Print

AAR, Odisha objected that in addition to procedural part, there should be specific job work agreement and job work charges should be clearly mentioned and raised in their invoices.

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