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Notifications

Basel III Capital Regulations – Eligible Credit Rating Agencies

January 9, 2023 1119 Views 0 comment Print

Banks are advised to use ratings of following domestic credit rating agencies for risk weighting their claims for capital adequacy purposes

Addendum to Notification: Format, Procedure & Guidelines for submission of SFT for Interest income

January 5, 2023 3237 Views 0 comment Print

Addendum to Notification 2 of 2021: Format, Procedure and Guidelines for submission of Statement of Financial Transactions (SFT) for Interest income (Abolishing of limit of Rs 5,000/-).

RBI amends Foreign Investment guidelines for reporting in SMF on Firms

January 4, 2023 4917 Views 2 comments Print

All forms submitted with the requisite documents will be auto-acknowledged on the FIRMS portal with a time stamp and an auto-generated e-mail will be sent to the applicant.

Govt increases SAED on Diesel to Rs. 5 per litre

January 2, 2023 606 Views 0 comment Print

Notification  No. 02/2023—Central Excise Dated: 02nd January, 2023 – Seeks to further amend No. 04/2022-Central Excise, dated the 30th June, 2022 , to modify the Special Additional Excise Duty on Diesel to Rs. 5 per litre. MINISTRY OF FINANCE (Department of Revenue) Notification  No. 02/2023—Central Excise | Dated: 02nd January, 2023 G.S.R. 5(E).—In exercise of […]

Govt increases SAED on production of Petroleum Crude & export of ATF

January 2, 2023 582 Views 0 comment Print

Government increases Special Additional Excise Duty on production of Petroleum Crude to Rs. 2,100 per tonne and  Rs. 4.50 per litre on export of Aviation turbine Fuel vide Notification  No. 01/2023—Central Excise Dated: 02nd January, 2023. MINISTRY OF FINANCE (Department of Revenue) Notification  No. 01/2023—Central Excise | Dated: 02nd January, 2023 G.S.R. 4(E).—In exercise of […]

Securities Contracts (Regulation) Amendment Rules, 2022

January 2, 2023 1044 Views 0 comment Print

(1) These rules may be called the Securities Contracts (Regulation) Amendment Rules, 2022. (2) They shall come into force on the date of their publication in the Official Gazette.

SEBI (Employees’ Service) (Third Amendment) Regulations, 2022

December 30, 2022 1017 Views 0 comment Print

1. These regulations may be called the Securities and Exchange Board of India (Employees’ Service) (Third Amendment) Regulations, 2022. 2. They shall come into force on the date of their publication in the Official Gazette.

Individual Housing loans – Revised limits under four-tiered regulatory framework

December 30, 2022 1653 Views 0 comment Print

Ceilings on housing loans to individuals are prescribed as ₹60 lakh for Tier-I UCBs and ₹140 lakh for Tier-II UCBs. Consequent upon classification of UCBs into four tiers under the revised regulatory framework, it has been decided to specify the limits on housing loans sanctioned by UCBs to an individual borrower as ₹60 lakh for Tier-1 UCBs and ₹140 lakh for UCBs categorised in Tier-2 to 4. Other terms and conditions of the circular ibid, remain unchanged.

Interest rates of small saving schemes for January 23 to March 23

December 30, 2022 7707 Views 0 comment Print

Revision of interest rates for Small Savings Schemes for Q4 of 2022-23 (i.e. from 1st January, 2023 to 31st March, 2023) Interest rates of small saving schemes for the Fourth quarter of financial year 2022-23 starting from 1st January, 2023 and ending on 31st March, 2023. Small saving schemes includes PPF, NSC, Senior Citizen Savings Schemes, Sukanya Samriddhi Account […]

Instructions regarding Grant of HRA to Central Government employees

December 30, 2022 24114 Views 0 comment Print

No.2/4/2022-E.IIB Government of India Ministry of Finance Department of Expenditure *** North Block, New Delhi. Dated the 30th December, 2022. OFFICE MEMORANDUM Subject: Compendium of Instructions regarding grant of House Rent Allowance to Central Government employees -regarding The Department of Expenditure, Ministry of Finance has issued various instructions from time to time regarding grant of […]

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