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RBI allows banks to open current accounts for borrowers availing credit from other banks

October 29, 2021 3129 Views 0 comment Print

In respect of borrowers where exposure of the banking system is ₹5 crore or more, such borrower can maintain current accounts with any one of the banks with which it has CC/OD facility, provided that the bank has at least 10 per cent of the exposure of the banking system to that borrower.

Tolerance Band for AY 2021-22 in case of wholesale trading & others

October 29, 2021 1740 Views 0 comment Print

Central Government Notifies Tolerance Band for Assessment Year 2021-22 in case of wholesale trading and others vide Notification No. 124/2021- Income Tax Dated: 29th October, 2021. MINISTRY OF FINANCE (Department of Revenue) Notification No. 124/2021- Income Tax New Delhi, the 29th October, 2021 S.O. 4586(E).—In exercise of the powers conferred by the third proviso to […]

Gold Monetization Scheme, 2015 – Interest on premature closure of deposit in case of death of depositor

October 28, 2021 1248 Views 0 comment Print

Gold Monetization Scheme, 2015- Interest on premature closure of the deposit in case of death of depositor before and after lock-in period

Reducing compliance burden regarding registration of Authorised Couriers

October 27, 2021 534 Views 0 comment Print

As part of reducing the compliance burden on stakeholders, the Central Board of Indirect Taxes and Customs has taken measures to simplify the registration requirements of Authorised Couriers.

SEBI (Foreign Portfolio Investors) (Second Amendment) Regulations, 2021

October 26, 2021 1452 Views 0 comment Print

These Regulations may be called the Securities and Exchange Board of India (Foreign Portfolio Investors) (Second Amendment) Regulations, 2021.

SEBI authorizes practicing Cost Accountants to issue share reconciliation capital audit report

October 26, 2021 5853 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Depositories and Participants) (Second Amendment) Regulations, 2021.

SEBI (Issue of Capital and Disclosure Requirements) (Fourth Amendment) Regulations, 2021

October 26, 2021 2055 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Fourth Amendment) Regulations, 2021.

National Institutes of Food Technology Entrepreneurship and Management Rules 2021

October 26, 2021 375 Views 0 comment Print

(1) These rules may be called the National Institutes of Food Technology Entrepreneurship and Management Rules 2021. (2) They shall come into force on the date of their publication in the Official Gazette.

High Court of Delhi Rules for Video Conferencing for Courts 2021

October 26, 2021 1086 Views 0 comment Print

(i) Video conferencing facilities may be used at all stages of judicial proceedings and proceedings conducted by the Court. (ii) All proceedings conducted by a Court via video conferencing shall be judicial proceedings and all the courtesies and protocols applicable to a physical Court shall apply to these virtual proceedings. The protocol provided in Schedule I shall be adhered to for proceedings conducted by way of video conferencing.

Master Direction – Prudential Norms on Capital Adequacy for Local Area Banks (Directions), 2021

October 26, 2021 2817 Views 0 comment Print

Master Direction – Prudential Norms on Capital Adequacy for Local Area Banks (Directions), 2021 covers instructions regarding the components of capital and the capital required to be provided for by banks for credit and market risks

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