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

November 24, 2022 9576 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 2775 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 1170 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 1029 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 594 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 519 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

Notification under section 11A of PMLA Act,2002

November 22, 2022 2214 Views 0 comment Print

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 22nd November, 2022 S. O. 5433(E).— In exercise of the power conferred by proviso to sub-section (1) of section 11A of the Prevention of Money-Laundering Act, 2022 (15 of 2002) (hereinafter referred to as the Money-Laundering Act) , the Central Government being satisfied that the […]

Disclosure of information – Notification under section 66 of PMLA Act, 2002

November 22, 2022 4377 Views 0 comment Print

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 22nd November, 2022 G.S.R. 832(E).— In exercise of the powers conferred by clause (ii) of sub-section (1) of section 66 of the Prevention of Money-laundering Act, 2002 (15 of 2003), the Central Government, on being satisfied that it is necessary in the public interest so […]

National Savings (Monthly Income Account) (Amendment) Scheme, 2022

November 22, 2022 1959 Views 0 comment Print

National Savings (Monthly Income Account) (Amendment) Scheme, 2022 – Deposit made under this Scheme on or after the 1st day of October, 2022 shall bear interest at the rate of 6.7 per cent. per annum.

Kisan Vikas Patra (Amendment) Scheme, 2022

November 22, 2022 2550 Views 0 comment Print

Kisan Vikas Patra (Amendment) Scheme, 2022 – The maturity period of an account opened on or after the 1st day of October, 2022 shall be ten years and three months. The deposits made in the account shall double on maturity

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