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Section 10(23FE) – CBDT notifies ‘INQ Holding LLC’ as sovereign wealth fund

August 16, 2022 1059 Views 0 comment Print

Section 10(23FE) – CBDT notifies ‘INQ Holding LLC’ as sovereign wealth fund vide Notification No. 95/2022-Income Tax | Dated: 16th August, 2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 95/2022-Income Tax | Dated: 16th August, 2022 S.O. 3828(E).—In exercise of powers conferred by sub-clause (vi) of clause […]

Govt notifies amendment in Courts for trial of cases under PMLA in Telangana

August 16, 2022 780 Views 0 comment Print

Govt notifies amendment in Courts for trial of cases under PMLA in Telangana vide notification No. S.O. 4042(E) dated: 16th August, 2022. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 16th August, 2022 S.O. 4042(E).—In exercise of the powers conferred by sub-section (1) of section 43 of the Prevention of Money – laundering […]

Outsourcing of Financial Services – Responsibilities of regulated entities employing Recovery Agents

August 12, 2022 3738 Views 0 comment Print

Existing Guidelines/Directions issued by the Reserve Bank of India referring to/governing the ‘Outsourcing of Financial Services’ and ‘Recovery Agents’

Family Courts (Amendment) Act, 2022

August 12, 2022 1188 Views 0 comment Print

Family Courts (Amendment) Act, 2022 – The establishment of Family Courts in the State of Himachal Pradesh with effect from the 15th February, 2019 and in the State of Nagaland with effect from the 12th September, 2008 shall be deemed to be valid and always to have been valid as if the notification for appointing the date for bringing this Act in force in the States of Himachal Pradesh and Nagaland, as required under sub-section (3) of section 1, had been issued by the Central Government with effect from such dates.

National Anti-Doping Act, 2022

August 12, 2022 1650 Views 0 comment Print

National Anti-Doping Act, 2022 is An Act to provide for the constitution of the National Anti-Doping Agency for regulating anti-doping activities in sports and to give effect to the United Nations Educational, Scientific and Cultural Organisation International Convention against doping in sport, and compliance of such other obligations and commitments thereunder and for matters connected therewith or incidental thereto.

Conditions for off-site/mobile ATMs operationalisation by DCCB

August 11, 2022 1221 Views 0 comment Print

Criteria for opening of branches/extension counters/specialized branches/regional offices/zonal offices/administrative offices/shifting of branches/upgradation of extension counters into full-fledged branches by a DCCB

Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2022

August 11, 2022 777 Views 0 comment Print

These Regulations may be called the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2022.

RBI clarifies on Bilateral Netting of Qualified Financial Contracts

August 11, 2022 1161 Views 0 comment Print

the exemption for foreign exchange (except gold) contracts which have an original maturity of 14 calendar days or less shall be applicable to entities calculating the counterparty credit risk under Original Exposure Method without taking the benefit of bilateral netting.

Income-tax payer cannot Join Atal Pension Yojana wef 1st October 2022

August 10, 2022 8619 Views 1 comment Print

Government notified that from 1st October,2022, any citizen who is or has been an income-tax payer, shall not be eligible to join Atal Pension Yojana (APY). In case a subscriber, who joined on or after 1st October, 2022, is subsequently found to have been an income-tax payer on or before the date of application, the […]

Amendment in minimum registration time period of NFMIMS

August 10, 2022 2208 Views 0 comment Print

The requirement of advance registration of minimum 5 days from the expected date of arrival of import consignment under NFMIMS has been abolished/made zero. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade, New Delhi Notification No. 26/2015-2020 | Dated: 10th August, 2022 Subject: Amendment in minimum registration […]

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