SEBI decided to reduce the time taken for allotment and listing of units of privately placed Infrastructure Investment Trust (InvIT)
After consultation with stakeholders, it has been decided to provide an additional option to individual investors to apply in public issues of units of REITs with a facility to block funds through Unified Payments Interface (UPI) mechanism for application value upto Rs. 5 Lac.
After consultation with stakeholders, it has been decided to provide an additional option to individual investors to apply in public issues of units of InvITs with a facility to block funds through Unified Payments Interface (UPI) mechanism for application value upto Rs. 5 Lac.
Section 194S mandates a person, who is responsible for paying to any resident any sum by way of consideration for transfer of a virtual digital asset (VDA), to deduct an amount equal to 1% of such sum as income tax thereon.
In order to facilitate faster confirmation of remittances by the intermediaries, necessary arrangement has been made for foreign inward remittances in the following account:
In consultation with Stock Exchanges and Depositories, it has been decided that all demat accounts maintained by stock brokers should be appropriately tagged.
Government has issued Order granting the benefit of reimbursement of State GST (SGST) on Cinematographic shows of Kannada Cinema titled 777 Charlie exhibited in Cinema theatres/Multiplex theatres in the State of Karnataka for a period of six months from 19-06-2022 subject to the conditions mentioned in the said G.O.
International Financial Services Centres Authority Circular No. 329/IFSCA/DPM/TS/2022-23/1 | Dated: June 17, 2022 To, All the Bullion Market Infrastructure Institutions (MIIs) in IFSC All the Market Intermediaries in IFSC All the Banking Units in IFSC Dear Sir/Madam, Sub: Clarification on investment in Bullion Depository Receipts (BDR) on India International Bullion Exchange (IFSC) Limited (IIBX) through the […]
Government of India, in consultation with RBI, has decided to issue Sovereign Gold Bond (SGB) Scheme 2022-23 in tranches
On a review of implementation of the e-mandate framework and the protection available to customers, it has been decided to increase the aforesaid AFA limit from ₹5,000/- to ₹15,000/-per transaction.
