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Notifications/Circulars

LoA of Plastic Recycling units in SEZs and EOUs extended for 5 years

May 5, 2022 735 Views 0 comment Print

LoA of the Plastic Recycling units in SEZs and EOUs may be extended for 5 years by the Board of Approval subject to fulfillment of other conditions/norms. Other conditions of the Policy Guidelines dated 27.05.2021 in respect of Plastic recycling units will remain unchanged.

MCA Designates Special Courts at ‘Ranchi’ under Company Law

May 5, 2022 666 Views 0 comment Print

Chief Justice of High Court of Jharkhand, designates Court of Additional Judicial Commissioner, Ranchi in Jharkhand as Special Court for providing speedy trial of offences punishable with imprisonment of two years or more as per section 435(2)(a) of Companies Act, 2013. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 5th May, 2022 S.O. 2099(E).—In exercise […]

Application for advance ruling – CBDT amends Rule 44E & Forms

May 5, 2022 5709 Views 0 comment Print

CBDT amended rule  Rule 44E of the Income Tax Rules, 1962   related to Application for obtaining an advance ruling and introduces amended FORM No. 34C , 34D, 34DA, 34E and 34EA vide Notification No. 49/2022-Income Tax| Dated: 5th May, 2022. Details of Forms are as follows:- FORM No. 34C – Form of application by a […]

Companies (Prospectus and Allotment of Securities) Amendment Rules, 2022

May 5, 2022 9300 Views 0 comment Print

No offer or invitation of any securities under this rule shall be made to a body corporate incorporated in, or a national of, a country which shares a land border with India, unless such body corporate or the national, as the case may be, have obtained Government approval under the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 and attached the same with the private placement offer cum application letter

RBI Increase Policy Rates by 40 basis Points- Read Notifications

May 4, 2022 2439 Views 0 comment Print

RBI notification on change in Cash Reserve Ratio (CRR) from 4.00 percent to 4.50 percent, Change in Bank Rate from 4.25 per cent to 4.65 per cent, Change in Liquidity Adjustment Facility (LAF) to 4.40 per cent from 4.00 per cent, change in standing deposit facility (SDF) rate from 3.75 per cent to 4.15 per cent […]

LIC IPO: ASBA designated branches to remain open on 08.05.2022 (Sunday)

May 4, 2022 3510 Views 0 comment Print

Government of India, in order to facilitate bidding for LIC IPO, has requested that all bank branches designated to process ASBA (Application Supported by Blocked Amount) applications may be kept open for public on May 8, 2022 (Sunday).

SEBI (Infrastructure Investment Trusts) (Amendment) Regulations, 2022

May 4, 2022 1230 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Infrastructure Investment Trusts) (Amendment) Regulations, 2022. They shall come into force on the date of their publication in the Official Gazette.

Companies (Share Capital and Debentures) Amendment Rules, 2022

May 4, 2022 18867 Views 0 comment Print

(1) These rules may be called the Companies (Share Capital and Debentures) Amendment Rules, 2022. (2) They shall come into force from the date of their publication in the Official Gazette.

RBI hikes Repo rate by 40 bps and CRR by 50 bps

May 4, 2022 4050 Views 0 comment Print

RBI Increase the policy repo rate under the liquidity adjustment facility (LAF) by 40 basis points to 4.40 per cent with immediate effect. Consequently, the standing deposit facility (SDF) rate stands adjusted to 4.15 per cent and the marginal standing facility (MSF) rate and the Bank Rate to 4.65 per cent.

IRDAI appoints two members to Insurance Advisory Committee

May 4, 2022 399 Views 0 comment Print

1. Prakash Kumar, former Chief Executive Officer, GST Network, is appointed as Member of the Insurance Advisory Committee from the date of notification, and 2. Venkat Changavalli, Management Consultant is appointed as Member of the Insurance Advisory Committee from the date of notification

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