RBI announced setting up of a Committee for Review of Customer Service Standards in RBI Regulated Entities (REs) for examining and reviewing the state of customer service in the REs and adequacy of customer service regulations and suggest measures to improve customer service.
Central Government hereby notifies courses offered in Financial Management, FinTech, Science, Technology, Engineering and Mathematics by foreign universities or foreign institutions in the International Financial Services Centre, as financial service.
Representations received seeking clarification in regard to entitlement of a member if family for family pension from two different sources in respect of the same Government servant/pensioner
For registration of L/C with the RAs of DGFT, apart from the L/C date, the message exchange date between the Indian and foreign bank / Swift date should also be on or prior to 13.5.2022.
The frequency of the following returns is modified as under: i. HIR-19 return to be submitted annually instead of quarterly ii. HIR-14 to HIR – 17 returns to be submitted annually instead of Half-yearly c. GHIS return (HIR-20) on Information on Government Sponsored Health Insurance Schemes and GHISAR Return (HIR-21) stands dispensed with.
Considering the emergence of passive funds i.e. Exchange Traded Funds (ETFs) and Index Funds as an investment product for retail investors globally and various advantages of passive investing like transparency, diversification, lower cost vis-à-vis active funds, a need was felt to review the regulatory framework for passive funds in India.
Import of Oxytocin shall remain Prohibited. However, import of Oxytocin reference standards falling under HS Codes 29371900, 29372900, 29379019, 29379090 and all HS Codes at 8 digit level under 3004 is permitted exclusively for the purpose of test and analysis subject to submission of Test License issued by the DGCI / CDCSO.
In a move to further facilitate trade from our eastern borders, it has been decided that empty containers returning from Bangladesh via the rail route, may be utilized to carry export goods of Bangladesh to India through the Petrapole-Benapole and the Gede-Darshana Land Customs Stations.
It was observed that certain circulars are no longer required on account of being already provided in IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 or IBBI (Insolvency Professionals) Regulations, 2016 as the case may be.
A timeline Of 90 days from the insolvency commencement date is available for filing of claims. However, it has been observed that there is an inordinate delay in filing of claims by Customs and GST authorities. T
