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Guidelines for implementation of IFSCA (FinTech Incentive) Scheme, 2022

September 12, 2022 1563 Views 0 comment Print

IFSCA Issues Guidelines and Application Form for IFSCA FinTech Incentive Scheme, 2022 The International Financial Services Centres Authority (Authority or IFSCA), with an overall objective to promote the establishment of a world-class FinTech Hub, at GIFT International Financial Services Centre (IFSC) in India, launched the IFSCA (FinTech Incentive) Scheme for providing financial support to FinTech […]

Changes and Clarification on IGCRS Rules, 2022

September 10, 2022 8316 Views 0 comment Print

F.No. 450/28/2016-Cus-IV Government of India Department of Revenue Ministry of Finance (Central Board of Indirect Taxes & Customs) North Block, New Delhi, Circular No. 18/2022-Customs |Dated: 10th of September , 2022 To, All Principal Chief Commissioners/ Chief Commissioners of Customs / Customs (Preventive) / Customs and Central Tax, All Principal Commissioners/ Commissioners of Customs / […]

Customs procedure for export of cargo in closed containers from ICDs to Bangladesh using Inland Waterways

September 9, 2022 2319 Views 0 comment Print

F.No.550/05/2011-LC(Pt) Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs Room No. 49, North Block, New Delhi Circular No. 17/2022-Customs | Dated 09th September, 2022 To, All Principal Chief Commissioners/Chief Commissioners of Customs All Principal Chief Commissioners/Chief Commissioners of Customs (Preventive) All Principal Chief Commissioners/Chief Commissioners of CGST & […]

Amendment to IFSCA guidelines for Liquidity Enhancement Scheme

September 9, 2022 669 Views 0 comment Print

The Scheme shall have prior approval of the Governing Board of the Stock Exchange, which will be valid for one year. The Governing Board of the Stock Exchange may grant annual approval till the time the scheme is in operation. Further, its implementation and outcome shall be monitored by the Governing Board at quarterly intervals.

NSE Guidance note on use of digital signature by listed companies

September 7, 2022 9624 Views 0 comment Print

Presently, listed companies shall submit all corporate announcements using DSC except Outcome of Board meeting which includes only financial result

IRDAI extends Guidelines on Information & Cyber Security to all Insurance Intermediaries

September 2, 2022 5334 Views 0 comment Print

It has been decided by the IRDAI to extend the applicability of Guidelines on Information and Cyber Security to all Insurance Intermediaries with immediate effect.

SEBI cautions against unregulated platforms offering algorithmic strategies for trading

September 2, 2022 4623 Views 0 comment Print

It has come to notice of SEBI that stock brokers provide algorithmic trading facility to investors through such platforms. In order to prevent any mis-selling and to protect the interest of investors in securities market, SEBI has now issued a circular

Appointment or Continuation of Common Director(s) u/s 48A of Insurance Act, 1938

September 2, 2022 1746 Views 0 comment Print

Applications are filed with the Authority seeking approval under section 48A of the Insurance Act, 1938, for new appointment or continuation of common director(s) representing insurance agent, intermediary or insurance intermediary on the board of insurance company.

Revision of fees for Limited Insolvency Examination & Valuation Exams

September 1, 2022 2925 Views 0 comment Print

Presently, the examination fee of Rs. 1,500+ applicable GST, i.e. Rs.1,770 is payable per enrolment for each of these exams. It has been decided that the fee of Rs. 5,000+ applicable GST, i.e. Rs. 5,900 for the LIE or Valuation Examinations shall be payable for each enrolment on or after 01st October 2022.

Refund of RD Default fee due to unforeseen failure of CBS Finacle system

August 31, 2022 2175 Views 0 comment Print

Refund of default fee to the RD depositors whose accounts are operated through MPKBY agents shall be done centrally by CEPT, Chennai. The default fee collected on 01.09.2022 and 02.09.2022 shall be refunded and credited into the MPKBY Agents’ commission credit savings account concerned.

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