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Notifications/Circulars

Empanelment of officers for promotion to Principal CIT grade for year 2016 to 2018

November 11, 2019 2811 Views 0 comment Print

Empanelment of following officers for promotion to the grade of Principal Commissioner of Income Tax in the Indian Revenue Service (Income Tax) in- Level 15 in the pay matrix (Rs.182200-224100/-) for the panel years 2016-17 (Revised Panel), 2017-18 (Regular Panel) and 2018 (Regular Panel), w.e.f. the date of assumption of the charge of the post and until further orders:

Notification No. 44/2019-Customs (ADD), Dated: 11.11.2019

November 11, 2019 2997 Views 0 comment Print

Notification No. 44/2019-Customs (ADD)– Seeks to amend notification No. 1/2017-Customs dated 5th January, 2017 to insert S. Nos. 48 to 52 in the duty table to finalize the assessment of exports of jute products by M/s. Roman Jute Mills Ltd. (Producer/Exporter) and M/s SMP International, LLC, USA (Exporter/ Trader), M/s Aziz Fibres Limited (Producer/Exporter), M/s […]

Notification No. 43/2019-Customs (ADD), Dated: 11.11.2019

November 11, 2019 894 Views 0 comment Print

Seeks to rescind notification Nos. 24/2018- Customs (ADD) the dated 7th May, 2018, 41/2018- Customs (ADD) and 42/2018- Customs (ADD) dated 24th August, 2018 which had prescribed provisional assessment on export of jute products from Bangladesh by specified exporters.  GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 43/2019-Customs (ADD) New Delhi, the […]

Mortgage Guarantee Companies (Reserve Bank) Directions, 2016

November 10, 2019 1861 Views 0 comment Print

Mortgage Guarantee Companies (Reserve Bank) Directions, 2016 applies to every Mortgage Guarantee Company which has been granted Certificate of Registration under scheme of Registration of Mortgage Guarantee Companies by RBI

NBFC- Peer to Peer Lending Platform (Reserve Bank) Directions, 2017

November 9, 2019 3579 Views 1 comment Print

(1) These Directions shall be known as the Non-Banking Financial Company – Peer to Peer Lending Platform (Reserve Bank) Directions, 2017. (2) These Directions shall come into force with immediate effect.

NBFC- Account Aggregator (Reserve Bank) Directions, 2016

November 9, 2019 2899 Views 0 comment Print

Master Direction- Non-Banking Financial Company – Account Aggregator (Reserve Bank) Directions, 2016- Every company seeking registration as an NBFC- Account Aggregator shall make an application for registration to the Department of Non-Banking Regulation, Mumbai of the Bank, in the form specified by the Bank for the purpose at Annex 1.

RBI to waive Online NEFT Charges for savings bank account customers

November 8, 2019 1602 Views 0 comment Print

RBI may Mandate banks not to charge savings bank account customers for online transactions in the NEFT system with effect from January 2020. Operationalise the Acceptance Development Fund to increase acceptance infrastructure with effect from January 1, 2020.

RBI increases household income limits for borrowers of NBFC-MFIs

November 8, 2019 1155 Views 0 comment Print

RBI decided to increase the household income limits for borrowers of NBFC-MFIs from the current level of ₹1,00,000 for rural areas and ₹1,60,000 for urban/semi urban areas to ₹1,25,000 and ₹2,00,000 respectively.

Technical Specifications for participants of Account Aggregator ecosystem

November 8, 2019 930 Views 0 comment Print

The NBFC-AA consolidates financial information of a customer held with different financial entities, spread across financial sector regulators adopting different IT systems and interfaces. In order to ensure that such movement of data is secured, duly authorised, smooth and seamless, it has been decided to put in place a set of core technical specifications for the participants of the AA ecosystem.

SEBI revises Timelines of Activities to be adhered in T+6 listing

November 8, 2019 2037 Views 0 comment Print

In Phase II, for applications by retail individual investors through intermediaries, the process of physical movement of forms from intermediaries to Self-Certified Syndicate Banks (SCSBs) for blocking of funds was discontinued and only the UPI mechanism with existing timeline of T+6 days was mandated, for a period of 3 months or floating of 5 main board public issues, whichever is later.

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