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New Delhi International Arbitration Centre (Amendment) Bill, 2022

July 29, 2022 1077 Views 0 comment Print

New Delhi International Arbitration Centre (Amendment) Bill, 2022 is Introduced in Lok Sabha to to change the name of the Centre from New Delhi International Arbitration Centre to India International Arbitration Centre so that a unique identity of the institute of national importance as conferred on it by law is evident and reflects its true […]

CBDT reduces time limit for verification of ITR to 30 days

July 29, 2022 24558 Views 4 comments Print

Reduction of time limit for verification of Income Tax Return (ITR) from within 120 days to 30 days of transmitting the data of ITR electronically

Foreign Exchange Management (Borrowing and Lending) (Amendment) Regulations, 2022

July 28, 2022 4530 Views 0 comment Print

These Regulations may be called the Foreign Exchange Management (Borrowing and Lending) (Third Amendment) Regulations, 2022.

RBI advisory on Restriction on Storage of Actual Card Data

July 28, 2022 744 Views 0 comment Print

There shall be no change in the effective date of implementation of the requirements – all entities, except card issuers and card networks, shall purge the CoF data before October 1, 2022.

Regulation of Payment Aggregators – Timeline for submission of applications for authorisation – Review

July 28, 2022 207 Views 0 comment Print

Reserve Bank of India RBI/2022-23/94 CO.DPSS.POLC.No.S-761/02-14-008/2022-23 July 28, 2022 All Payment System Providers and Payment System Participants Madam / Dear Sir, Regulation of Payment Aggregators – Timeline for submission of applications for authorisation – Review Reference is invited to Reserve Bank of India (RBI) circulars DPSS.CO.PD.No.1810/02.14.008/2019-20 dated March 17, 2020 and CO.DPSS.POLC.No.S33/02-14-008/2020-2021 dated March 31, 2021 on “Guidelines on […]

EPFO Issues Guidelines/Clarification on Absence of Employer-Employee Relationship of Student-Trainees Under EPF Act.

July 27, 2022 2064 Views 0 comment Print

Clarification on status of student-trainees of educational/technical institute recognized by a competent authority vis-à-vis the Employees’ Provident Funds & Miscellaneous Provisions Act, 1952- Regarding.

Lok Sabha passes Central Universities (Amendment), Bill 2022

July 27, 2022 1323 Views 0 comment Print

Lok Sabha today passed Central Universities (Amendment), Bill 2022 for conversion of the National Rail and Transportation Institute (NRTI), a Deemed to be University into Gati Shakti Vishwavidyalaya (GSV), a Central University.

Board approved Loan Policy – Management of Advances – UCBs

July 26, 2022 231 Views 0 comment Print

It has been observed in several UCBs that these policies not only lack comprehensive coverage, but also do not require a periodic review.

Procedure of PAN application & allotment through Form FiLLiP for LLPs

July 26, 2022 3027 Views 0 comment Print

Procedure of PAN application & allotment through Simplified Proforma for incorporating Limited Liability Partnerships (LLPs) electronically {Form: FiLLiP} of Ministry of Corporate Affairs F. No. DGIT(S)/ADG(S)-1/FiLLiP form for LLP/2022-23/ Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income-tax (Systems) Notification 04 of 2022-Income-tax New Delhi, 26th of July, 2022; Subject: […]

SEBI (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations, 2022

July 25, 2022 8952 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations, 2022.

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