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Notifications/Circulars

Procedure for sharing information with tax deductors/collectors

June 9, 2022 1659 Views 0 comment Print

DGIT(S)/ADG(S)-2/Compliance Check/432/2021-22 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income Tax (Systems) Notification No. 01 of 2022-Income Tax New Delhi, 09th June, 2022 Compliance Check Functionality for Section 206AB & 206CCA of Income-tax Act 1961 Section 206AB and 206CCA of the Income-tax Act,1961 (effective from 1st July 2021 and […]

Enlistment of PSIA under para 2.55 of HBP 2015-2020

June 9, 2022 1572 Views 0 comment Print

2 Agencies are notified as PSIAs alongwith their approved equipments. Additional areas of operation in respect of Agency at Sl.No. 3 is notified for a period upto 27.12.2023 only.

Modification in Cyber Security & Cyber Resilience Framework of MFs/AMCs

June 9, 2022 1893 Views 0 comment Print

Mutual Funds/ AMCs are mandated to conduct comprehensive cyber audit at least 2 times in a financial year. Along with the cyber audit reports, henceforth, all Mutual Funds/ AMCs are directed to submit a declaration from the Managing Director (MD)/ Chief Executive Officer (CEO) certifying compliance by the Mutual Funds/ AMCs with all SEBI Circulars and advisories related to cyber security from time to time.

Discontinuation of Return under Foreign Exchange Management Act, 1999

June 9, 2022 1119 Views 0 comment Print

Reserve Bank of India RBI/2022-23/69 A.P. (DIR Series) Circular No. 05 June 09, 2022 AD Category I banks Madam/ Sir, Discontinuation of Return under Foreign Exchange Management Act, 1999 Attention of Authorised Persons is invited to A.P. (DIR series) circular No 26, dated February 18, 2022, wherein Authorised Persons were advised about proposed discontinuation of the […]

Notaries (Amendment) Rules, 2022

June 9, 2022 18525 Views 0 comment Print

(1) These rules may be called the Notaries (Amendment) Rules, 2022. (2) They shall come into force on the date of their publication in the Official Gazette.

NPS/APY Functionalities released by CRAs during Quarter IV (FY 2021-22)

June 9, 2022 639 Views 0 comment Print

The Central Record Keeping Agencies (CRAs) appointed by PFRDA develop system level functionalities as per the evolving needs of NPS/APY stakeholders in accordance with Section 21 of PFRDA Act 2013.

RBI Increases policy repo rate by 50 basis points (Notifications)

June 8, 2022 888 Views 0 comment Print

As announced in the Monetary Policy Statement 2022-23 dated June 08, 2022, the Bank Rate is revised upwards by 50 basis points from 4.65 per cent to 5.15 per cent with immediate effect.

RBI increases policy repo rate by 50 basis points to 4.90 per cent

June 8, 2022 855 Views 0 comment Print

Reserve Bank of India Governor’s Statement In my statement of May 4, 2022, I had mentioned that as we navigate through this difficult period, it is necessary to be sensitive to the new realities and incorporate them into our thinking. The war in Europe is lingering and we are facing newer challenges each passing day which […]

CBIC extends ADD on pneumatic tyres of specific specifications

June 8, 2022 939 Views 0 comment Print

Seeks to amend notification no. 45/2017-Customs (ADD) dated 18th September, 2017 to extend the ADD on pneumatic tyres of specific specifications from China PR upto 17th December, 2022. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 8th June, 2022 Notification No. 21/2022-Customs (ADD) G.S.R. 430(E).—Whereas, the designated authority, vide, initiation notification F. No. 7/02/2022-DGTR, […]

RBI Guidelines for Doorstep Banking by UCBs

June 8, 2022 1800 Views 0 comment Print

UCBs which offer services of pick-up of cash may take suitable steps to educate their employees and agents to enable them to detect forged and mutilated notes so as to avoid frauds and disputes with customers.

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