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LIC IPO: ASBA designated branches to remain open on 08.05.2022 (Sunday)

May 4, 2022 3744 Views 0 comment Print

Government of India, in order to facilitate bidding for LIC IPO, has requested that all bank branches designated to process ASBA (Application Supported by Blocked Amount) applications may be kept open for public on May 8, 2022 (Sunday).

SEBI (Infrastructure Investment Trusts) (Amendment) Regulations, 2022

May 4, 2022 1563 Views 0 comment Print

These regulations may be called the Securities and Exchange Board of India (Infrastructure Investment Trusts) (Amendment) Regulations, 2022. They shall come into force on the date of their publication in the Official Gazette.

Companies (Share Capital and Debentures) Amendment Rules, 2022

May 4, 2022 22275 Views 0 comment Print

(1) These rules may be called the Companies (Share Capital and Debentures) Amendment Rules, 2022. (2) They shall come into force from the date of their publication in the Official Gazette.

IRDAI appoints two members to Insurance Advisory Committee

May 4, 2022 543 Views 0 comment Print

1. Prakash Kumar, former Chief Executive Officer, GST Network, is appointed as Member of the Insurance Advisory Committee from the date of notification, and 2. Venkat Changavalli, Management Consultant is appointed as Member of the Insurance Advisory Committee from the date of notification

Bank to maintain average Cash Reserve Ratio (CRR) of 4.50%: RBI

May 4, 2022 2343 Views 0 comment Print

RBI notifies that average Cash Reserve Ratio (CRR) required to be maintained by every bank shall be 4.50 per cent of its net demand and time liabilities effective from the reporting fortnight beginning May 21, 2022.

RBI withdraws 225 circulars in third tranche of recommendations

May 2, 2022 1884 Views 0 comment Print

Regulations Review Authority (RRA 2.0) – Interim Recommendations – Third tranche Regulations Review Authority (RRA 2.0) has recommended withdrawal of additional 225 circulars in the third tranche of recommendations. RRA 2.0 was set-up by the Reserve Bank of India to review the regulatory instructions, remove redundant and duplicate instructions and reduce the compliance burden on […]

DGFT extends relaxation for import of crushed & de-oiled GM soya cake

May 2, 2022 1890 Views 0 comment Print

Relaxation of import provisions under Notification No. 20/2015-20 dated 24.08.2021 to allow import of remaining quantity of 5.50 Lakh MT of crushed & de-oiled GM soya cake upto 30.9.2022 or until further orders, whichever is earlier. Bill of lading of such import consignments to be on or before 30.9.2022 and “Out of Charge” of such […]

Govt amends notification No. 11/2018 Customs to align HS Codes with FA 2022

April 30, 2022 2277 Views 0 comment Print

Govt amends notification No. 11/2018 Customs dated 2nd February, 2018 to align the HS Codes with  Finance Act, 2022 (FA 2022) vide Notification No. 24/2022-Customs | Dated: 30th April, 2022. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi Notification No. 24/2022-Customs | Dated: 30th April, 2022 G.S.R. 327(E).—In exercise of the powers conferred by sub-section […]

Govt amends 17 Customs notifications to align HS Codes with FA 2022

April 30, 2022 3801 Views 0 comment Print

Govt amends various Customs Tariff notifications in order to align the HS Codes of the said notifications with the Finance Act, 2022 (FA 2022) vide Notification No. 23/2022-Customs | Dated: 30th April, 2022. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi Notification No. 23/2022-Customs | Dated: 30th April, 2022 G.S.R. 326(E).—In exercise of the […]

Notification to give effect to first tranche of India UAE CEPA

April 30, 2022 18051 Views 0 comment Print

Govt issued Notification No. 22/2022-Customs Dated 30th April, 2022 to give effect to first tranche of India UAE CEPA. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi Notification No. 22/2022-Customs | Dated: 30th April, 2022 G.S.R. 328(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of […]

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