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Notifications/Circulars

SEBI issues operational guidelines for Security & Covenant Monitoring

April 18, 2022 705 Views 0 comment Print

In order to strengthen the process of security creation and monitoring of security created, asset cover and covenants of the non-convertible securities, SEBI vide circular dated August 13, 2021 had specified the manner of recording of charges by Issuers and manner of monitoring by Debenture Trustees (DTs), Credit Rating Agencies, etc.

CA, CMA and CS (Amendment) Act, 2022 assented by President

April 18, 2022 4668 Views 0 comment Print

(1) This Act may be called the Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Act, 2022. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint, and different dates may be appointed for different provisions of this Act and any reference in any provision to the commencement of this Act shall be construed as a reference to the coming into force of that provision.

RBI permit banks to reckon Govt securities as Level 1 HQLA under FALLCR

April 18, 2022 1701 Views 0 comment Print

On a review, it has been decided to permit banks to reckon Government securities as Level 1 HQLA under FALLCR within the mandatory SLR requirement up to 16 per cent of their NDTL. Accordingly, the total HQLA carve out from the mandatory SLR, which can be reckoned for meeting LCR requirement will be 18 per cent of NDTL (2 per cent MSF plus 16 per cent FALLCR).

Transfer/postings in the Grade of CCIT/DGIT

April 16, 2022 5487 Views 0 comment Print

Office Order No. 75 of 2022 | The following transfer/postings of the officers in the grade of Chief Commissioners of Income Tax/ Director Generals of Income Tax, are hereby ordered with immediate effect and until further orders:-

Transfer/postings in the Grade of Pr. CIT/ Pr. DGIT

April 16, 2022 4347 Views 0 comment Print

F.No. A-22011/212022-Ad-VI (Pt.II) Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi – 110 001 Dated: 16.04.2022 Office Order No. 74 of 2022 On promotion, the transfer/postings of the following officers in the grade of Pr. Chief Commissioner of Income Tax/ Pr. Director Generals of Income […]

Draft Company Secretaries (Amendment) Regulations, 2022

April 14, 2022 1818 Views 0 comment Print

88. Meetings of the Council. – The Council shall hold at least four Meetings in each Calendar Year with a maximum interval of one hundred and twenty days between any two consecutive Meetings at such time and place (including electronic mode) as the Council may determine.

PFRDA (Employees’ Service) (Amendment) Regulations, 2022

April 13, 2022 1323 Views 0 comment Print

1. These regulations maybe called the Pension Fund Regulatory and Development Authority (Employees’ Service) (Amendment) Regulations, 2022. 2. These regulations shall come into force on the date of their publication in the Official Gazette.

DGFT relaxes compliance requirement related to EPCG Scheme

April 13, 2022 6075 Views 0 comment Print

With a view to enhance ease of doing business and reduce the compliance burden, certain provisions of Chapter 5 related to the Export Promotion Capital Goods Scheme of the Handbook of Procedures (2015-20) are amended for EPCG authorizations issued under Foreign Trade Policy (2015-20). GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE […]

Surrender of certificate of registration of BNP Paribas Mutual Fund

April 13, 2022 342 Views 0 comment Print

BNP Paribas Assets Management Company Private Limited (BNPP AMC) had informed SEBI that they want to surrender the registration granted to BNP Paribas Mutual Fund by SEBI pursuant to change in control.

CBIC prescribes BCD and AIDC on Raw Cotton for a specified period

April 13, 2022 2631 Views 0 comment Print

CBIC Exempts Cotton From Customs Duty & AICD Till 30 September, 2022 CBIC prescribes BCD and AIDC on Raw Cotton for a specified period vide Notification No. 21/2022-Customs | Dated: 13th April, 2022 Currently, cotton imports are subject to a 5% basic customs tax with an additional 5% levied as the Agriculture Infrastructure Development Cess (AIDC). […]

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