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RBI (Financial Statements – Presentation & Disclosures) Directions, 2021 amended

February 20, 2023 3369 Views 0 comment Print

Reserve Bank of India (Financial Statements – Presentation and Disclosures) Directions, 2021 – Disclosures for State Co-operative Banks and Central Co-operative Banks

Governance, measurement and management of Interest Rate Risk in Banking Book

February 17, 2023 2598 Views 0 comment Print

Interest Rate Risk in Banking Book (IRRBB) refers to the current or prospective risk to banks’ capital and earnings arising from adverse movements in interest rates that affect its banking book positions. Excessive IRRBB can pose a significant risk to banks’ current capital base and/or future earnings. These guidelines, accordingly, require banks to measure, monitor, and disclose their exposure to IRRBB.

Introduction of FCRA related transaction code in NEFT and RTGS Systems

February 16, 2023 4998 Views 0 comment Print

Reserve Bank of India RBI/2022-23/178 CO.DPSS.RPPD.No.S1931/04-03-001/2022-23 February 16, 2023 The Chairman / Managing Director / Chief Executive Officer of member banks participating in NEFT and RTGS Systems Madam / Dear Sir, Introduction of Foreign Contribution (Regulation) Act (FCRA) related transaction code in NEFT and RTGS Systems Under the FCRA, 2010 (amended as on September 28, […]

CBDT notifies Authority under section 138 for welfare schemes of state of Tamil Nadu

February 16, 2023 1461 Views 0 comment Print

Central Government hereby specifies ‘Secretary (Information Technology & Digital Service Department), Directorate of e-Governance, Government of Tamil Nadu’ for the purposes of the said clause in connection with sharing of information regarding income-tax assessees for identifying genuine beneficiaries and proper implementation of all the Centrally sponsored schemes and welfare schemes of the state of Tamil Nadu.

Special Additional Excise Duty on Diesel reduced to Rs. 1 per litre

February 15, 2023 2040 Views 0 comment Print

Vide Notification No. 09/2023-Central Excise, Dated 15th February, 2023 Government reduces Special Additional Excise Duty on Diesel to Rs. 1.00 per litre with effect from 16th day of February, 2023 from existing Rs. 6 per litre. GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 09/2023-Central Excise | Dated 15th February, 2023 […]

SAED on production of Petroleum Crude & export of Aviation turbine Fuel reduced

February 15, 2023 474 Views 0 comment Print

Government reduces Special Additional Excise Duty from 16th day of February, 2023 on production of Petroleum Crude to Rs. 4350 per tonne from 5050 per tonne and to Rs. 1.50  per litre from Rs. 6.00 per litre on export of Aviation turbine Fuel vide Notification No. 08/2023-Central Excise,  Dated 15th February, 2023 GOVERNMENT OF INDIA […]

SEBI (Real Estate Investment Trusts) (Amendment) Regulations, 2023

February 14, 2023 3684 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Real Estate Investment Trusts) (Amendment) Regulations, 2023.

SEBI (Infrastructure Investment Trusts) (Amendment) Regulations, 2023

February 14, 2023 3333 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Infrastructure Investment Trusts) (Amendment) Regulations, 2023.

Export Policy of Agri Residue Based Biomass & Briquettes/Pellets amended

February 14, 2023 3372 Views 0 comment Print

The export of Agri Residue Based Biomass and Briquettes / Pellets under ITC-HS Heading 1213 is placed under ‘Free’ category with immediate effect. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) New Delhi Notification No. 55/2015-2020-DGFT | Dated: 14th February, 2023 Subject:- Amendment in Export Policy of Biomass – regarding. […]

Import Policy of Supari under ITC(HS) 21069030 is revised from ‘Free’ to ‘Prohibited’

February 14, 2023 5163 Views 0 comment Print

The Minimum Import Price (MIP) imposed on tariff lines under 080280 is revised from Rs. 251/- per Kilogram to Rs. 351/- per Kilogram. The Import Policy of Supari under ITC(HS) 21069030 is revised from ‘Free’ to ‘Prohibited’ and Import shall be Free if CIF value is Rs. 351/- or above per Kilogram. The given conditions […]

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