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Trail commission to POPs on voluntary contributions through D-Remit by Subscribers associated to POPs under All Citizen Model

August 22, 2022 1470 Views 0 comment Print

The trail commission to PoPs for D-Remit Contributions of the associated Subscribers shall be @ 0.20% of the contribution amount (Minimum ₹ 15 and Maximum ₹ 10,000) similar to eNPS. The applicable charges would be recovered by unit deduction on periodical basis.

Weekly newsletter from Chairman, CBIC dated 23.08.2022

August 22, 2022 1302 Views 0 comment Print

On the anti-smuggling front, last week, officers at the Chhatrapati Shivaji Maharaj International Airport, Mumbai interdicted 500 Grams of Cocaine valued at about Rs. 5 Crores concealed in the baggage of an international arriving passenger. Kudos to the officers for another fine detection.

Foreign Exchange Management (Overseas Investment) Regulations, 2022

August 22, 2022 7947 Views 0 comment Print

These regulations may be called the Foreign Exchange Management (Overseas Investment) Regulations, 2022. They shall come into force on the date of their publication in the Official Gazette.

Foreign Exchange Management (Overseas Investment) Rules, 2022

August 22, 2022 55344 Views 0 comment Print

(1) These rules may be called the Foreign Exchange Management (Overseas Investment) Rules, 2022. (2) They shall come into force on the date of their publication in the Official Gazette.

SEBI (Portfolio Managers) (Amendment) Regulations, 2022

August 22, 2022 3156 Views 0 comment Print

SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 22nd August, 2022 SECURITIES AND EXCHANGE BOARD OF INDIA (PORTFOLIO MANAGERS) (AMENDMENT) REGULATIONS, 2022 No. SEBI/LAD-NRO/GN/2022/94.—In exercise of the powers conferred by sub-section (1) of Section 30 read with sub-section (1) of section 11, clause (b) of sub-section (2) of Section 11 and sub­section (1) of […]

Customs (Compounding of Offences) Amendment Rules, 2022

August 22, 2022 3420 Views 0 comment Print

Offences specified under Section 135AA of Custom Act – One lakh rupees for the first offence, to be increased by hundred per cent of this amount for each subsequent offence.

Govt designates Special Courts in Chhattisgarh under Black Money Act

August 22, 2022 564 Views 0 comment Print

Govt designates all the Chief Judicial Magistrate Courts of the State of Chhattisgarh as Special Courts for the purposes of section 280A of the Income-tax Act, 1961 and section 84 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, for the areas falling within the respective territorial jurisdictions of […]

CBDT amends rule 17CB to replace words ‘trust or institution’ with ‘specified person’

August 22, 2022 1500 Views 0 comment Print

CBDT amends rule 17CB to replace words ‘trust or institution’ with ‘specified person’ vide Notification No. 101/2022-Income Tax | Dated: 22nd August, 2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 101/2022-Income Tax | Dated: 22nd August, 2022 G.S.R. 647(E).—In exercise of the powers conferred by sub-section (2) of section 115TD […]

Battery Waste Management Rules, 2022

August 22, 2022 14907 Views 2 comments Print

Battery Waste Management Rules, 2022 – Producer shall have the obligation of Extended Producer Responsibility for the Battery that they introduce in the market to ensure the attainment of the recycling or refurbishing obligations.

RBI Branch Authorisation Policy – Left Wing Extremism affected districts

August 22, 2022 1317 Views 0 comment Print

Government of India has further reduced the list of Left Wing Extremism affected districts affected district to 70 from earlier 90. RESERVE BANK OF INDIA RBI/2022-23/109 DOR.AUT.REC.62/22.01.001/2022-23 August 22, 2022 All Domestic Scheduled Commercial Banks (excluding Regional Rural Banks, Payments Banks and Local Area Banks) Madam/Dear Sir, Section 23 of the Banking Regulation Act, 1949 […]

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