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Notifications/Circulars

Introduction of UPI mechanism for Real Estate Investment Trusts

June 24, 2022 651 Views 0 comment Print

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.

Introduction of UPI mechanism for Infrastructure Investment Trusts

June 24, 2022 1062 Views 0 comment Print

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.

Format, Procedure & Guidelines to submit Form No. 1, 2 & 2A for STT

June 24, 2022 9192 Views 0 comment Print

Form No. 1, Form No. 2 and Form No. 2A is required to be signed, verified and furnished by the class of person responsible as defined in the Securities Transaction Rules 2004

Draft Food Regulations for Health Supplements, Nutraceuticals etc.

June 24, 2022 2865 Views 1 comment Print

Draft Food Safety and Standards (Health Supplements, Nutraceuticals, Food for Special Dietary Use, Food for Special Medical Purpose, and Prebiotic and Probiotic Food) Regulations, 2022. FOOD SAFETY AND STANDARDS AUTHORITY OF INDIA NOTIFICATION New Delhi, the 24th June, 2022 F. No. Std/SP-05/T(Nutraceutical-2022).—The following draft of certain regulations which the Food Safety and Standards Authority of […]

RBI encourages cardholders to tokenise their cards

June 24, 2022 612 Views 0 comment Print

Currently, many entities, including merchants, involved in an online card transaction chain store card data like card number, expiry date, etc. [Card-on-File (CoF)] citing cardholder convenience and comfort for undertaking transactions in future.

Customs Brokers Licensing (Amendment) Regulations, 2022

June 24, 2022 5583 Views 0 comment Print

(1) These regulations may be called the Customs Brokers Licensing (Amendment) Regulations, 2022. (2) They shall come into force on the date of their publication in the Official Gazette.

CBDT designates Special Court in Uttarakhand under Black Money Act

June 24, 2022 507 Views 0 comment Print

Notification No. 68/2022- Income Tax- Designation of Courts in Uttarakhand as Special Court 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. MINISTRY OF FINANCE (Department OF Revenue) (CENTRAL BOARD OF DIRECT TAXES) (Investigation Division-V) […]

Draft Central Motor Vehicles amendment Rules- Bharat New Car Assessment Program

June 24, 2022 879 Views 0 comment Print

Bharat New Car Assessment Program (BNCAP) – (1) On and from the1st day of April 2023, the BNCAP authority, (hereinafter referred to as ‘the Authority’), notified by the Central Government, shall authorise the testing agency referred to in Rule 126 of CMVR 1989 to conduct evaluation on Type Approved vehicles of category M1, manufactured or imported in the country, in accordance with the Automotive Industry Standard (AIS)-197, as amended from time to time. BNCAP shall be a voluntary program monitored by the Authority.

GST Compensation Cess levy extended till 31/03/2026

June 24, 2022 17340 Views 0 comment Print

As expected Govt extended GST Compensation Cess levy extended till 31/03/2026 which was coming to an end on 30th June 2022. Goods and Services Tax (Period of Levy and Collection of Cess) Rules, 2022 | Notification No. 1/2022–Compensation Cess | Dated: 24th June, 2022. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 1/2022–Compensation […]

RBI extends timeline for storing of Card-on-File (CoF) data by 3 months

June 24, 2022 2280 Views 0 comment Print

RBI extend the timeline for storing of CoF data by three months, i.e., till September 30, 2022, after which such data shall be purged.

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