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DFGT amends Appendix 3 (SCOMET items) to Schedule- 2 of ITC (HS)

November 30, 2022 2937 Views 0 comment Print

Annual SCOMET Update – 2022 has been notified to amend Appendix 3 (SCOMET Items) to Schedule-2 of ITC (HS) Classification of Export and Import Items, 2018 vide Notification No. 46/2015-2020|Dated: 30th November, 2022 Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan New Delhi Notification No. 46/2015-2020|Dated: […]

Incorporation of new policy condition against Organic Non-Basmati Broken Rice

November 29, 2022 1737 Views 0 comment Print

Export of Organic Non-basmati rice, including Organic Non-basmati broken rice, will be governed as per provisions under Notification No.03/2015-2020 dated 19th April, 2017 – Notification No. 45/2015-2020-DGFT | Dated:  29th November, 2022.  Government of India Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi Notification No. 45/2015-2020-DGFT | Dated:  29th November, 2022 Subject: […]

IFSCA (Maintenance of Website) Regulations, 2022

November 25, 2022 666 Views 0 comment Print

IFSCA (Maintenance of Website) Regulations, 2022 aim to provide an enabling framework for IFSCA to develop a best-in class website, comparable to those of other international financial sector regulators, while conforming to the standards and guidelines of Government of India and other relevant agencies.

CBIC amends certain specific FTA/PTA notifications

November 25, 2022 1836 Views 0 comment Print

CBIC amends 5 Customs Notifications w.r.t imports of Flat panels, Display modules, or Control circuits into India from Singapore vide Notification No. 61/2022-Customs | Dated: 25th November, 2022 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 61/2022-Customs | Dated: 25th November, 2022 G.S.R. 848(E).— In exercise of the powers conferred by sub-section […]

SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2022

November 24, 2022 8799 Views 0 comment Print

These Regulations may be called the Securities and Exchange Board of India (Prohibition of Insider Trading) (Amendment) Regulations, 2022.

Interest Subvention Scheme with modification for short term loans for agriculture & allied activities

November 23, 2022 2295 Views 0 comment Print

Modified Interest Subvention Scheme for Short Term Loans for Agriculture and Allied Activities availed through Kisan Credit Card (KCC) during the financial years 2022-23 and 2023-24

Inclusion of GSTN as a Financial Information Provider under Account Aggregator Framework

November 23, 2022 999 Views 0 comment Print

With a view to facilitate cash flow-based lending to MSMEs, it has been decided to include Goods and Services Tax Network (GSTN) as a Financial Information Provider (FIP) under the Account Aggregator (AA) framework. Department of Revenue shall be the regulator of GSTN for this specific purpose and Goods and Services Tax (GST) Returns, viz. Form GSTR-1 and Form GSTR-3B, shall be the Financial Information.

Basel III Framework on Liquidity Standards – Standing Deposit Facility

November 23, 2022 855 Views 0 comment Print

It is advised that the overnight balances held by banks with RBI under SDF shall be eligible as ‘Level 1 High Quality Liquid Assets (HQLA)’ for computation of LCR.

Draft IFSCA (Appointed Actuary) Regulations, 2022

November 23, 2022 402 Views 0 comment Print

Draft IFSCA (Appointed Actuary) Regulations, 2022 regulations aim to lay down the regulatory framework for the persons who are authorised to perform the roles and discharge the functions of ‘Appointed Actuary’ for the IIOs.

Draft IFSCA (Maintenance of Insurance Records and Submission of Requisite Information for Investigation and Inspection) Regulations, 2022

November 23, 2022 306 Views 0 comment Print

DRAFT – International Financial Services Centres Authority (Maintenance of Insurance Records and Submission of Requisite Information for Investigation and Inspection) Regulations, 2022

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