A FIF shall not seek money from individuals or entities outside of the single family. However, a FIF may share economic interest with its employees, directors, FME or other persons providing services to the FIF, as per its internal policy to reward the persons providing services to the FIF or to align the interest of such persons with those of the FIF.
The ceiling of 10% investment from FME or its associates in case of Venture Capital Schemes and Restricted Schemes [regulations 28(1) and 40(1), respectively], shall not be applicable;
A Bullion Clearing Corporation shall also establish and maintain a fund called Core Settlement Guarantee Fund to guarantee the settlement of trades executed on the Bullion Exchange, in accordance with the norms issued from time to time by the The contribution made by Bullion Clearing Corporation to the Core Settlement Guarantee Fund shall be considered as part of its net worth.
RBI increases remuneration payable to Statutory Central Auditors (SCAs) & Branch Auditors (SBAs) of Nationalised Banks (NBs) from FY 2022-23
Non-genuine taxpayer is the one who issues invoice under GST Act without actual supply of goods or services to pass on inadmissible tax credit of ITC to the claimant.
The underwriting policy shall also cover the approach and aspects relating to offering health insurance coverage. It shall have in place various objective underwriting parameters to differentiate the various classes of risks being accepted in accordance with the respective risk categorization
It is clarified that activities contemplated under section 66E(e), i.e. when one party agrees to refrain from an act, or to tolerate an act or a situation, or to do an act, are the activities where agreement specifically refers to such an activity and there is a flow of consideration for this activity.
Filings for Related Party Transactions (RPT) and Business Responsibility & Sustainability Report (BRSR) will be made available on NEAPS platform with effect from February 25, 2023
GOVERNMENT OF JAMMU AND KASHMIR FINANCE DEPARTMENT (CODES DIVISION), Civil Secretariat, Jammu/Srinagar ***** Circular Subject: Verification of Status of GSTIN of the contractor and authenticity of GST-3B return through the Peridot App (available in the Playstore) or from the State Taxes Department. It has come to the notice of Finance Department that dealers/contractors whose GSTIN […]
Application form for setting up of International Branch Campus (IBC) or Offshore Education Centre (OEC) at International Financial Services Centre (‘IFSC’)
