Unless sanctioned by the Board of Directors/ Committee of Directors, NBFCs shall not grant loans and advances aggregating Rupees five crores and above to – i) their directors (including the Chairman/ Managing Director) or relatives of directors.
The limits for FPI investment in Government securities (G-secs), State Development Loans (SDLs) and corporate bonds shall remain unchanged at 6%, 2% and 15% respectively, of outstanding stocks of securities for FY 2022-23.
This Circular consolidates earlier instructions issued by the Reserve Bank of India, on opening and operation of current accounts and CC/OD accounts with a view to enforce credit discipline amongst the borrowers as well as to facilitate better monitoring by the lenders.
Non-Banking Finance Companies (NBFCs) are required to make disclosures in their financial statements in accordance with existing prudential guidelines, applicable accounting standards, laws, and regulations. The additional disclosure requirements for NBFCs in accordance with the SBR framework are outlined in the Annex.
Criminal Procedure (Identification) Act, 2022 An Act to authorise for taking measurements of convicts and other persons for the purposes of identification and investigation in criminal matters and to preserve records and for matters connected therewith and incidental thereto. Full text of the notification is as follows:- MINISTRY OF LAW AND JUSTICE (Legislative Department) New […]
Office Order No. 82 of 2022, Dated: 18.04.2022- 363 transfer/postings of the officers in the grade of Joint Commissioner/Additional Commissioner of Income Tax. F.No. A-22012/1/2022-Ad-VI Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi -110 001 Dated: 18.04.2022 Office Order No. 82 of 2022 The following […]
Office Order No. 80 of 2022, Dated: 18.04.2022 – 59 Officers are promoted to the grade of Principal Commissioner of Income Tax (Pr. CIT) F. No. A-32011/512020-Ad.VI Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ***** North Block, New Delhi, The 18th April, 2022. Office Order No. 80 of […]
Office Order No. 79 of 2022, Dated: 18 April 2022 – 17 Officers are promoted to the grade of Chief Commissioner of Income Tax (CCIT) F. No. A-32011/5/2021-Ad.VI Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes **** North Block, New Delhi, The 18th April, 2022. Office Order No. 79 […]
Constitution (Scheduled Tribes) Order (Amendment) Act, 2022 amends the Constitution (Scheduled Tribes) Order, 1950 for inclusion of certain community in the list of Scheduled Tribes in relation to the State of Tripura. Full text of the Notification is as follows:- MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 18th April, 2022/Chaitra 28, 1944 […]
Time management is often the most crucial attribute of successful individuals and for most efficient organizations. This week, in order to have a better understanding of time taken for various Customs processes, the National Time Release Study (NTRS) 2022 was released. The study covered 15 major Customs formations and was complemented with a number of local TRSs.
