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Notifications/Circulars

RBI relaxes norms for infusion of capital in overseas branches by Indian Banks

December 8, 2021 963 Views 0 comment Print

In order to provide greater operational flexibility, it has been decided that prior RBI approval for above capital infusion/ transfers (including retention/ repatriation of profits), shall not be required by banks which meet the regulatory capital requirements (including capital buffers1). Instead, the banks shall seek approval of their boards for the same.

Changes to all-in-cost benchmark & ceiling for FCY ECBs/ TCs

December 8, 2021 2619 Views 0 comment Print

In view of the imminent discontinuance of LIBOR as a benchmark rate, it has been decided, in consultation with stakeholders, to make the following changes to the all-in-cost benchmark and ceiling for FCY ECBs/ TCs

RBI retains Advisory Committee of Reliance Capital Ltd

December 7, 2021 510 Views 0 comment Print

e Reserve Bank had, on November 30, 2021, constituted a three-member Advisory Committee to assist Shri Nageswara Rao Y, Administrator of Reliance Capital Ltd (RCL) in discharge of his duties.

An IP must refrain from accepting too many assignments

December 7, 2021 1218 Views 0 comment Print

The Code of Conduct in the IP Regulations is the grund norm which all IPs are to follow in letter and spirit. Clause 22 of the Code of Conduct provides that an IP must refrain from accepting too many assignments as he may be unable to devote adequate time to each assignment. The processes under […]

Registration of Sale Component of Redevelopment & SRA projects- Documents to be attached

December 7, 2021 3882 Views 0 comment Print

Following documents have to be attached for registration of Sale Component of Redevelopment Projects: Resolution / NoC from Society/Association of residents of the rehabilitation component confirming the Promoter’s rights to undertake the redevelopment project. LoI / NoC / Equivalent Document from the Planning Authority confirming Promoter’s rights to undertake the redevelopment project.

MahaRERA Circular regarding convenience document

December 7, 2021 3288 Views 0 comment Print

In complaints where Respondent (s) do not file the convenience document set, then it shall be presumed that the Respondent (s) do not have any additional documents to rely upon, then the documents submitted along with the affidav it-in-reply, if filed, and the hearing of the complaint shall be taken up for final hearing.

Give Effect on Assessment through Web service for AY 2016-17 – reg

December 6, 2021 1785 Views 0 comment Print

t is informed that the functionality in ITBA for passing Give Effect Orders through Web Service on Processing u/s 143(1) of the Income-tax Act’ 1961 for A.Y. 2016-17 was deployed earlier. Now functionality for Give Effect on Assessment through Web service for A.Y. 2016-17 is also live in ITBA w.e.f. 29.10.2021.

SEBI (Substantial Acquisition of Shares and Takeovers) (Third Amendment) Regulations, 2021

December 6, 2021 7728 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Third Amendment) Regulations, 2021. 2. They shall come into force on the date of their publication in the Official Gazette.

DGFT invites Applications for import authorisation for Water Melon Seeds

December 6, 2021 2442 Views 0 comment Print

Applications are invited for import authorisation for Water Melon Seeds–Other (ITC(HS) 12077090) for the period of 01.01.2022 to 31.03.2022. The last date for submission of online applications is 13.12.2021 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (Directorate General of Foreign Trade) New Delhi, the 6th December, 2021 Public Notice No. 41/2015-2020-DGFT Subject : Import […]

Govt imposes ADD on import from China of Certain Flat rolled Products of Aluminium

December 6, 2021 6936 Views 0 comment Print

Seeks to impose ADD on Certain Flat rolled Products of Aluminium originating in or exported from China PR for a period of 5 years vide  Notification No. 68/2021-Customs (ADD) Dated: 6th December, 2021. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 6th December, 2021 Notification No. 68/2021-Customs (ADD) G.S.R. 847(E).—Whereas in the matter […]

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