IFSC Banking units (IBUs) are informed that a module on Global Administrative Office (GAO) (Module no.17) has been added to the Conduct of Business (COB) directions of the Banking Handbook. The updated COB directions v 4.0 is enclosed.
In order to promote growth of global trade with emphasis on exports from India and to support the increasing interest of global trading community in INR, it has been decided to put in place an additional arrangement for invoicing, payment, and settlement of exports / imports in INR.
Circular No. 17/2022- Income Tax – Condonation of delay under Section 119(2)(b) of the Income-tax Act, 1961 in filing of Form No. 9A and Form No. 10 for Assessment Year 2018-19 and subsequent years —Reg. Circular No. 17/2022- Income Tax F.No.197/89/2022-ITA-1 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes […]
All NSE listed entities are requested to note that in addition to filings released in phase 1, following filings must also be made on the new portal with effect from July 11, 2022, in phase 2
Listed entity shall file with the recognized stock exchange(s) on a quarterly basis, within twenty-one days from the end of each quarter
Bagasse is non-excisable to which the CENVAT Credit Rules have no application, and held that the Circular dated 25.04.2016 is unsustainable in law.
Such lending shall be subject to the end-use prescriptions as applicable to External Commercial Borrowings (ECBs) in terms of paragraph 2.1(viii) of the Master Direction – External Commercial Borrowings, Trade Credits and Structured Obligations dated March 26, 2019, as amended from time to time.
It has been decided that investments by FPIs in government securities and corporate bonds made between July 08, 2022 and October 31, 2022 (both dates included) shall be exempted from the limit on short-term investments till maturity or sale of such investments.
It is advised that Unity Small Finance Bank Limited has been included in Second Schedule to Reserve Bank of India Act, 1934
All Cyber-attacks, threats, cyber-incidents and breaches experienced by QRTAs shall be reported to SEBI within 6 hours of noticing / detecting such incidents or being brought to notice about such incidents.