International Financial Services Centres Authority Act, 2019 (50 of 2019), the Central Government hereby directs that certain provisions of the Companies Act, 2013 (18 of 2013) as specified in column (2) of the table below, shall apply with such exceptions, modifications and adaptations as specified in column (3) of the said table, to financial products, financial services or financial institutions in an International Financial Services Centre, namely:—
Clearing Corporation shall not undertake any activity except that of clearing and settling transactions in repo and reverse repo in the debt securities that are dealt with or traded on a recognised stock exchange.
CBIC amends Notification No. 04/2022-Central Excise, dated 30th June, 2022, to increase Special Additional Excise Duty on Diesel to Rs. 11.50 per litre vide Notification No. 37/2022-Central Excise | Dated: 1st November, 2022. GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 37/2022-Central Excise | Dated: 1st November, 2022 G.S.R. ….(E). […]
CBIC reduces Special Additional Excise Duty on production of Petroleum Crude to Rs. 9,500 per tonne and increases Special Additional Excise Duty export of Aviation Turbine Fuel to Rs. 5 per litre vide Notification No. 36/2022-Central Excise | Dated: 1st November, 2022. GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. […]
Reserve Bank of India RBI/2022-23/135 DoR.AUT.REC.81/24.01.001/2022-23 November 01, 2022 Madam / Sir, Eligibility Criteria for offering Internet Banking Facility by Regional Rural Banks, 2022 In exercise of the powers conferred by Sections 35A of the Banking Regulation Act, 1949, the Reserve Bank of India being satisfied that it is necessary and expedient in the public […]
Seeks to amend notification No. 50/2017-Customs, dated the 30th June, 2017 to amend sl. no. 404 of the said notification | Notification No.56/2022-Customs | Dated : 01st November, 2022 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) New Delhi Notification No. 56/2022-Customs | Dated : 01st November, 2022 G.S.R. 798(E).— In exercise of the […]
CBDT notifies CBDT notifies Teacher Retirement System of Texas as pension fund under sub-clause (iv) of clause (c) of the Explanation 1 to clause (23FE) of section 10 of Income-tax Act, 1961 vide Notification No. 119/2022 – (Income-Tax) Dated: 31st October, 2022. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. […]
Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Second Amendment) Regulations, 2022
CBIC provides export duty exemption to specified varieties of Rice subject to the prescribed condition(s) vide Notification No. 55/2022-Customs [G.S.R. 796(E).], Dated: 31.10.2022 MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 55/2022-Customs|Dated: 31st October, 2022 G.S.R. 796(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 […]
Restriction on export of Sugar (Raw, Refined and White sugar) is extended beyond 31.10.2022 till 31.10.2023, or until further orders, whichever is earlier.