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Notifications/Circulars

Foreign Exchange Management (Overseas Investment) Rules, 2022

August 22, 2022 38067 Views 0 comment Print

(1) These rules may be called the Foreign Exchange Management (Overseas Investment) Rules, 2022. (2) They shall come into force on the date of their publication in the Official Gazette.

SEBI (Portfolio Managers) (Amendment) Regulations, 2022

August 22, 2022 2457 Views 0 comment Print

SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 22nd August, 2022 SECURITIES AND EXCHANGE BOARD OF INDIA (PORTFOLIO MANAGERS) (AMENDMENT) REGULATIONS, 2022 No. SEBI/LAD-NRO/GN/2022/94.—In exercise of the powers conferred by sub-section (1) of Section 30 read with sub-section (1) of section 11, clause (b) of sub-section (2) of Section 11 and sub­section (1) of […]

Customs (Compounding of Offences) Amendment Rules, 2022

August 22, 2022 2523 Views 0 comment Print

Offences specified under Section 135AA of Custom Act – One lakh rupees for the first offence, to be increased by hundred per cent of this amount for each subsequent offence.

Govt designates Special Courts in Chhattisgarh under Black Money Act

August 22, 2022 405 Views 0 comment Print

Govt designates all the Chief Judicial Magistrate Courts of the State of Chhattisgarh as Special Courts for the purposes of section 280A of the Income-tax Act, 1961 and section 84 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, for the areas falling within the respective territorial jurisdictions of […]

CBDT amends rule 17CB to replace words ‘trust or institution’ with ‘specified person’

August 22, 2022 1245 Views 0 comment Print

CBDT amends rule 17CB to replace words ‘trust or institution’ with ‘specified person’ vide Notification No. 101/2022-Income Tax | Dated: 22nd August, 2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 101/2022-Income Tax | Dated: 22nd August, 2022 G.S.R. 647(E).—In exercise of the powers conferred by sub-section (2) of section 115TD […]

Battery Waste Management Rules, 2022

August 22, 2022 12327 Views 2 comments Print

Battery Waste Management Rules, 2022 – Producer shall have the obligation of Extended Producer Responsibility for the Battery that they introduce in the market to ensure the attainment of the recycling or refurbishing obligations.

RBI Branch Authorisation Policy – Left Wing Extremism affected districts

August 22, 2022 705 Views 0 comment Print

Government of India has further reduced the list of Left Wing Extremism affected districts affected district to 70 from earlier 90. RESERVE BANK OF INDIA RBI/2022-23/109 DOR.AUT.REC.62/22.01.001/2022-23 August 22, 2022 All Domestic Scheduled Commercial Banks (excluding Regional Rural Banks, Payments Banks and Local Area Banks) Madam/Dear Sir, Section 23 of the Banking Regulation Act, 1949 […]

Carry out due verification before initiating Section 148/147 proceedings: CBDT

August 22, 2022 13533 Views 0 comment Print

Consequent to order passed by Allahabad High Court passing severe strictures and proposing to levy exemplary cost of Rs 50 lakhs in a writ challenging reopening of assessment on wrong facts,  CBDT today ( 22nd August, 2022 ) has issued instructions to all its officers that for initiating proceedings under Section 148/147 of the Act, […]

Participation as Financial Information Providers in Account Aggregator framework

August 19, 2022 756 Views 0 comment Print

Securities and Exchange Board of India  Circular No. SEBI/HO/MRD/DCAP/P/CIR/2022/110 | Dated:  August 19, 2022 All Depositories All Asset Management Companies Dear Sir/Madam, Sub: Participation as Financial Information Providers in Account Aggregator framework 1. An Account Aggregator (AA), is a Reserve Bank of India (RBI) regulated Non-Banking Finance Company (NBFC) that facilitates retrieval or collection of financial […]

Online account opening & closure for NSC (VIII Issue) & Kisan Vikas Patra

August 18, 2022 2808 Views 0 comment Print

Online account opening & closure through DOP Internet Banking for National Savings Certificates (VIII Issue) & Kisan Vikas Patra

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