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Notifications

Notifications issued by various government departments, government bodies etc.

Legislation UpdatesNotifications

RBI introduces Master Directions – RBI (Credit Card and Debit Card-Issuance and Conduct) Directions, 2022

On 21st April, 2022, Reserve Bank of India issued Master Directions– RBI (Credit Card and Debit Card- Issuance and Conduct) Directions, 2022.

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Published on April 30, 2022April 30, 2022By Editor
Leave a comment3687 views
Legislation UpdatesNotifications

IFSCA issues framework for FinTech entity in IFSCs

The International Financial Services Centres Authority (IFSCA) has issued a detailed “Framework for FinTech Entity in the IFSCs” in order to develop

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Published on April 29, 2022April 29, 2022By Bhumika Indulia
Leave a comment1995 views
Legislation UpdatesNotifications

Services engaged in the Banking industry to be a public utility service

On April 26, 2022, the Central Government has notified that the services engaged in the Banking industry to be a public utility

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Published on April 27, 2022April 27, 2022By Bhumika Indulia
Leave a comment2151 views
Legislation UpdatesNotifications

RBI mandates NBFC to make additional disclosure in financial statements

On April 19, 2022, the Reserve Bank of India has mandated NBFCs to make additional disclosure in financial statement in accordance with

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Published on April 21, 2022April 21, 2022By Bhumika Indulia
Leave a comment3498 views
Legislation UpdatesNotifications

RBI notifies limits for investment in debt and sale of credit default swaps by FPIs

On April 19, 2022, the Reserve Bank of India (RBI) has issued a notification on Limits for investment in debt and sale

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Published on April 20, 2022April 20, 2022By Bhumika Indulia
Leave a comment2478 views
Legislation UpdatesNotifications

CBDT notifies NBFID under section 10(48D) of Income Tax Act, 1961

On April 18, 2022, the Central Government in exercise of the powers conferred by clause (48D) of section 10 of the Income-tax

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Published on April 19, 2022April 19, 2022By Bhumika Indulia
Leave a comment2296 views
Legislation UpdatesNotifications

ESIC relaxes timeline for depositing and filing ESI contribution

On April 13, 2022, the Employees State Insurance Corporation has relaxed the time limit for depositing and filing ESI contribution and has

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Published on April 18, 2022April 18, 2022By Bhumika Indulia
Leave a comment3370 views
Legislation UpdatesNotifications

RBI notifies net owned fund for NBFCs to commence business

The Reserve Bank of India has specified ten crore rupees as net owned fund (NOF) required for following categories of non- banking

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Published on April 6, 2022April 6, 2022By Bhumika Indulia
Leave a comment4344 views
SEBI
Legislation UpdatesNotifications

SEBI revises UPI limits in public issue of equity shares and convertibles

On April 05, 2022, SEBI has issued circular on revision of UPI limits in public issue of equity shares and convertibles. This

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Published on April 6, 2022April 6, 2022By Bhumika Indulia
Leave a comment1974 views
Legislation UpdatesNotifications

RBI notifies Master Direction on penal provisions in deficiencies in reporting of transactions/ balances at currency chests

On April 01, 2022, the Reserve Bank of India (RBI) has issued Master Direction on Penal Provisions in deficiencies in reporting of

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Published on April 6, 2022April 6, 2022By Bhumika Indulia
Leave a comment2973 views
Legislation UpdatesNotifications

Exemption for vehicles from the requirement of use of safety glass or safety glazing material for windscreen and window glass

On March 31, 2022, the Ministry of Road Transport and Highways exempts all motor vehicles to comply with the provisions of Rule

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Published on April 5, 2022April 5, 2022By Bhumika Indulia
1 Comment4048 views
Legislation UpdatesNotifications

IFSCA notifies guidelines for liquidity enhancement scheme

On March 31, 2022, International Financial Services Centres Authority has issued a circular notifying the guidelines for liquidity enhancement scheme for all

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Published on April 4, 2022April 4, 2022By Bhumika Indulia
Leave a comment1891 views
CBDT
Legislation UpdatesNotifications

CBDT extends last date for filing of Form No.10AB for seeking registration or approval

The Central Board of Direct Taxes (CBDT), extends the last date for electronic filing of Form No.10AB. The application for registration or

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Published on April 1, 2022April 1, 2022By Bhumika Indulia
Leave a comment1829 views
Legislation UpdatesNotifications

Premature redemption of a part of outstanding stock of Non-interest bearing Government of India IDBI Special Security, 2024

The Government notifies further premature redemption on Non-interest bearing Government of India IDBI Special Security, 2024 by exercising “call option”  for an

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Published on April 1, 2022April 1, 2022By Bhumika Indulia
Leave a comment1833 views
CBDT
Legislation UpdatesNotifications

CBDT notifies exemption under section 206C(1G) of the Income tax Act, 1961

The Central Government hereby notifies that the provisions of sub-section (1G) of section 206C shall not apply to an individual who is

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Published on March 31, 2022March 31, 2022By Bhumika Indulia
Leave a comment3299 views
CBIC
Legislation UpdatesNotifications

CBIC notifies a list of deposits which will be exempted from June 01, 2022

The Central Board of Indirect Taxes and Customs notifies a list of deposits which will be exempted from June 01, 2022.  They

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Published on March 31, 2022March 31, 2022By Bhumika Indulia
Leave a comment2063 views
Legislation UpdatesNotifications

Orbit of Income Tax Authorities in Faceless Assessment of taxes, determined vide Faceless Jurisdiction of Income-tax Authorities Scheme, 2022

On March 28, 2022, Ministry of Finance has issued Faceless Jurisdiction of Income-tax Authorities Scheme, 2022 which will come in force with

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Published on March 30, 2022March 30, 2022By Editor
Leave a comment3031 views
SEBI
Legislation UpdatesNotifications

SEBI issues circular on calculation of investment concentration norm for Category III AIFs

On March 29, 2022, SEBI  has issued a circular on calculation of investment concentration norm for Category III AIFs.  Regulation 15(1)(d) of

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Published on March 29, 2022By Bhumika Indulia
Leave a comment2569 views
Legislation UpdatesNotifications

RBI issues framework for geo-tagging of payment system touch points

On March 25, 2022, the Reserve Bank of India (RBI) has issued a notification to provide the Framework for Geo-tagging of Payment

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Published on March 28, 2022March 28, 2022By Bhumika Indulia
2 Comments2989 views
Legislation UpdatesNotifications

MOL&E declares services in transport for the carriage of passengers or goods to be a public utility service

On March 24, 2022, the Ministry of Labour and Employment (MOL&E) has issued notification regarding services in the Transport (other than railways)

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Published on March 26, 2022March 26, 2022By Bhumika Indulia
Leave a comment2015 views

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