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Notifications/Circulars

Draft RBI India (Margining for Non-Centrally Cleared OTC Derivatives) Directions, 2022

June 16, 2022 1281 Views 0 comment Print

RBI releases Draft Reserve Bank of India (Margining for Non-Centrally Cleared OTC Derivatives) Directions, 2022 under Section 45 W of the RBI Act, 1934

Report of the Regulations Review Authority (RRA 2.0)

June 16, 2022 1077 Views 0 comment Print

The report of RRA 2.0 is being placed on the RBI website today. The recommendations of the RRA would be internalised by the Reserve Bank to achieve the intended outcomes.

RBI lifts business restrictions imposed on Mastercard Asia/Pacific Pte. Ltd

June 16, 2022 348 Views 0 comment Print

In view of the satisfactory compliance demonstrated by Mastercard Asia / Pacific Pte. Ltd. RBI lifts business restrictions imposed on them

Non appointment of CEO & Whole-time CS – RD reduces penalty

June 16, 2022 687 Views 0 comment Print

The company being an unlisted public limited one with a paid-up capital of Rs. 29,70,00,000/- failed to appoint Whole-time Company Secretary within 06 (six) months from the date of casual vacancy i.e. from 17.02.2020 to 10.06.2022, in accordance ‘with Sec. 203(4) of the Companies Act, 2013 and also not appointed Chief Executive Officer (CEO-KMP) within […]

Sovereign Gold Bond (SGB) Scheme 2022-23

June 16, 2022 30669 Views 0 comment Print

Government of India, in consultation with RBI, has decided to issue Sovereign Gold Bond (SGB) Scheme 2022-23 in tranches

e-mandates for recurring transactions – RBI increase limit to Rs. 15000

June 16, 2022 480 Views 0 comment Print

On a review of implementation of the e-mandate framework and the protection available to customers, it has been decided to increase the aforesaid AFA limit from ₹5,000/- to ₹15,000/-per transaction.

Section 194R of Income-tax Act, 1961 – Guidelines & FAQs

June 16, 2022 137685 Views 0 comment Print

CBDT issued Guidelines for removal of difficulties under sub-section (2) of section 194R of the Income-tax Act, 1961 vide Circular No. 12 of 2022-Income Tax | Dated 16th, June, 2022. F. No. 370142/27/2022-TPL Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes), New Delhi ********* Circular No. 12 of 2022-Income Tax […]

Anti-dumping duty on Fluoro Backsheet excluding transparent backsheet

June 15, 2022 1401 Views 0 comment Print

CBIC levy anti-dumping duty on Fluoro Backsheet excluding transparent backsheet originating in or exported from China PR for a period of five years, 2022 vide Notification No. 22/2022-Customs (ADD) GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 22/2022-Customs (ADD) New Delhi, the 15th June, 2022 G.S.R. 451(E). Whereas, in the matter of “Fluoro […]

Sovereign Gold Bond Scheme 2022-23

June 15, 2022 2907 Views 0 comment Print

(i) This scheme may be called the Sovereign Gold Bond Scheme 2022-23 (ii) There will be a distinct Series (starting from Series I) which will be indicated on the Bond issued to the investor.

Application under Rule 4, 6 or 7 of Insolvency & Bankruptcy (Application to Adjudication Authority) Rules, 2016

June 15, 2022 513 Views 0 comment Print

Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001. Circular No. No. IBBI/IU/51/2022 | Dated: 15th June, 2022 To Information Utility (By mail to registered email address and on the website of the IBBI) Dear Madam /Sir, Subject: Application under Rule 4, 6 or 7 of Insolvency and Bankruptcy (Application to Adjudication […]

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