To ensure that client furnishes accurate/updated details of address and to ensure that KYC details are correct, following framework involving stock exchanges is proposed
Extension of the facility of 24×7 Customs clearance to ICDs across the country, so as to cater to the requirements of the trade.
Notification No. 65/2022-Custom (N.T.), Dated: 29.07.2022- Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, the 29th July, 2022 Notification No. 65/2022-Custom (N.T.) S.O. 3576(E).—In exercise of the powers conferred by sub-section (2) of […]
New Delhi International Arbitration Centre (Amendment) Bill, 2022 is Introduced in Lok Sabha to to change the name of the Centre from New Delhi International Arbitration Centre to India International Arbitration Centre so that a unique identity of the institute of national importance as conferred on it by law is evident and reflects its true […]
Reduction of time limit for verification of Income Tax Return (ITR) from within 120 days to 30 days of transmitting the data of ITR electronically
Clause 2(IV)(A) of the aforesaid circular prescribed that in respect of units of ETFs, direct transaction with AMCs shall be facilitated for investors only for transactions above a specified threshold of INR 25 Cr.
These Regulations may be called the Foreign Exchange Management (Borrowing and Lending) (Third Amendment) Regulations, 2022.
CBIC has amended its guidelines regarding the conduct of personal hearing. As per the new instruction, personal hearings can be conducted virtually at the request of the assessee.
There shall be no change in the effective date of implementation of the requirements – all entities, except card issuers and card networks, shall purge the CoF data before October 1, 2022.
Regulatory Sandbox (RS) nurtures responsible innovation in Financial/Pension/Retirement Planning services to promote efficiency, which eventually benefits the investors, Subscribers, consumers and users.
