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Notifications/Circulars

All about FAR for Investment by Non-residents in Govt Securities 

March 30, 2020 2898 Views 0 comment Print

Reserve Bank of India RBI/2019-20/200 A.P. (DIR Series) Circular No. 25 Dated: March 30, 2020 To All Authorized Persons Madam / Sir ‘Fully Accessible Route’ for Investment by Non-residents in Government Securities Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to the following regulations / directions, as amended from time to time, and […]

FAR for Non-residents Investment in specified Govt Securities

March 30, 2020 864 Views 0 comment Print

The Reserve Bank shall notify the Government securities that shall be eligible for investment under the FAR (hereinafter, ‘specified securities’). These securities will continue to be eligible for investment by residents. ‘Specified securities’, once so designated, shall remain eligible for investment under the FAR until maturity.

Special Clearing Operations for Govt cheques on March 31 2020

March 30, 2020 558 Views 0 comment Print

To facilitate accounting of all the Government transactions for the current financial year (2019-20) by March 31, 2020, it has been decided to conduct a Special Clearing exclusively for Government cheques at all clearing houses across the country on March 31, 2020

PSU Banks Amalgamation- SLBC/ UTLBC Convenorship & Lead Bank responsibilities

March 30, 2020 1143 Views 0 comment Print

Reserve Bank of India RBI/2019-20/197 FIDD.CO.LBS.BC.No.22/02.01.001/2019-20 March 30, 2020 The Chairmen/ Managing Directors & CEOs SLBC/ UTLBC Convenor Banks and Lead Banks Madam / Dear Sir, Amalgamation of Public Sector Banks – Assignment of SLBC/ UTLBC Convenorship and Lead Bank responsibilities The amalgamations of Oriental Bank of Commerce and United Bank of India with Punjab […]

Implementation of Track & Trace system for export of Pharmaceuticals & drug-Reg.

March 30, 2020 1242 Views 0 comment Print

The date for implementation of Track and Trace system for export of drug formulations with respect to maintaining the Parent-Child relationship in packaging levels and its uploading on Central Portal has been extended upto 01.10.2020 for both SSI and non SSI manufactured drugs. Government of India Ministry of Commerce and Industry Department of Commerce Directorate […]

Investment by Foreign Portfolio Investors (FPI): Investment limits

March 30, 2020 1329 Views 0 comment Print

The limit for FPI investment in corporate bonds is increased to 15% of outstanding stock for FY 2020-21. The revised limits for FPI investment in Central Government securities (G-secs) and State Development Loans (SDLs) for FY 2020-21 will be advised separately. Till such time, the current limits (as in Table – 2), shall continue to be applicable.

Change in VAT rate on petrol & diesel in Maharashtra WEF 01.04.2020

March 30, 2020 7968 Views 0 comment Print

VAT (Value added tax) on petrol and diesel increased by Re 1 per litre in Maharashtra with effect from the 1st April 2020. In other words, this means petrol and diesel in Maharashtra become costlier by Re 1. FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated 30th March 2020. NOTIFICATION […]

CBIC staff needs to be vigilant to thwart potential vulnerabilities in international supply chain

March 30, 2020 873 Views 0 comment Print

While making every possible effort to facilitate legitimate trade, our frontline officers and staff need to be vigilant to thwart potential vulnerabilities in the international supply chain for illicit trade including counterfeit medicines, personal protective equipment and related items. as well as other transnational financial crimes.

MHA Order restricting movement of migrants & strict enforement of lockdown

March 29, 2020 993 Views 0 comment Print

Whereas, movement of a large number of migrants have taken place in some parts of the country so as to reach their home towns. This is a violation of the lockdown measures on maintaining social distance;

Constitution of Empowered Groups under Disaster Management Act 2005

March 29, 2020 1905 Views 0 comment Print

The pandemic of COVID 19 has engulfed the entire world posing serious challenges for the health and economic security of millions of people worldwide. During this unprecedented situation for effectively addressing issues, constraints and scenarios, a well-planned and coordinated emergency response has become essential.

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