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Companies (Incorporation) Second Amendment Rules, 2022 – Form No. INC-9

May 20, 2022 12129 Views 0 comment Print

MCA has released vide Companies (Incorporation) Second Amendment Rules, 2022 substituted FORM NO. INC-9 – Declaration by Subscribers and First Directors. Summary of the Notification: 1. The MCA has revised format of e-Form No. INC-9 to insert declaration on compliance with Government approval requirement under FEMA: Below new checkboxes are included in e-Form No. INC-9:- I am […]

Indian Boiler (Amendment) Regulations, 2022

May 20, 2022 8574 Views 0 comment Print

(1) These regulations may be called the Indian Boiler (Amendment) Regulations, 2022. (2) They shall come into force on the date of their publication in the Official Gazette.

Decision taken by Haryana GST to implement taxpayer friendly measures

May 19, 2022 3021 Views 0 comment Print

The Excise and Taxation Department hosted a conference to discuss re-engineering of internal processes to improve taxpayer experience and taxpayer interaction of GST taxpayers under the administrative control of the State.

Amendment in Export Policy of Bamboo Charcoal – regarding

May 19, 2022 2403 Views 0 comment Print

The export of Bamboo Charcoal made from Bamboo obtained from legal source is allowed Freely subject to above policy conditions.

Govt amends import policy condition of Fresh Ginger produced in Bhutan

May 19, 2022 2439 Views 0 comment Print

Import of Fresh ginger, wholly produced in Bhutan, is Free subject to Article-I of Agreement on Trade, Commerce and Transit between India and Bhutan.

Interoperable Card-less Cash Withdrawal (ICCW) at ATMs

May 19, 2022 2232 Views 0 comment Print

All banks, ATM networks and WLAOs may provide the option of ICCW at their ATMs. NPCI has been advised to facilitate Unified Payments Interface (UPI) integration with all banks and ATM networks. While UPI would be used for customer authorisation in such transactions, settlement would be through the National Financial Switch (NFS) / ATM networks.

New Definition of Micro, Small & Medium Enterprises – Clarification

May 19, 2022 5214 Views 0 comment Print

Reserve Bank of India RBI/2022-23/52 FIDD.MSME & NFS.BC.No.7/06.02.31/2022-23 May 19, 2022 The Chairman/ Managing Director/Chief Executive Officer All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks /All-India Financial Institutions/ All Non-Banking Financial Companies Dear Sir/Madam, New Definition of Micro, […]

RBI clarifies on presentation of reverse repo on balance sheet

May 19, 2022 2334 Views 0 comment Print

In order to bring more clarity on the presentation of reverse repo on the balance sheet, it has now been decided as under: All type of reverse repos with the Reserve Bank including those under Liquidity Adjustment Facility shall be presented under sub-item (ii) ‘In Other Accounts’ of item (II) ‘Balances with Reserve Bank of India’ under Schedule 6 ‘Cash and balances with Reserve Bank of India’.

PFRDA reconstituted Pension Advisory Committee

May 19, 2022 1092 Views 0 comment Print

Pension Fund Regulatory and Development Authority (PFRDA) hereby reconstitutes  Pension Advisory Committee constituted earlier vide Gazette Notification dated 16th September, 2020 with effect from 19th May, 2022. PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY NOTIFICATION New Delhi, the 19th May, 2022 F. No. PFRDA/17/RES/25.—In exercise of the powers conferred by sub-section (1) of section 45 of […]

Reconstitution of Reinsurance Advisory Committee

May 19, 2022 804 Views 0 comment Print

As per provisions under Section 101B of Insurance Act, 1938; IRDAI reconstitutes Reinsurance Advisory Committee (RAC) with the Chairman and Members

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