Notification & Circulars by Guest

Reserve Bank of India takes supervisory action on Mastercard Asia / Pacific Pte. Ltd.

Notification No#Press Release: 2021-2022/530 14 July 2021

The Reserve Bank of India (RBI) has today imposed restrictions on Mastercard Asia / Pacific Pte. Ltd. (Mastercard) from on-boarding new domestic customers (debit, credit or prepaid) onto its card network from July 22, 2021. Notwithstanding lapse of considerable time and adequate opportunities being ..

Posted in Community & General

Issue and Regulation of share capital and securities - Primary (Urban) Cooperative Banks - Draft circular for comments

Notification No#Press Release: 2021-2022/527 14 July 2021

The Banking Regulation (Amendment) Act, 2020 (No. 39 of 2020), notified in the Gazette of India on September 29, 2020 (vide Notification No. 64 of that date), and deemed to have come into force with effect from June 29, 2020 for Primary (Urban) Co-operative Banks (UCBs), has inter alia, made am..

Posted in Community & General

Seeks to exempt basic customs duty on imports of specified API/ excipients for Amphotericin B and raw materials for manufacturing COVID test kits, till specified period

Notification No#35/2021–Customs 12 July 2021

MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 35/2021–Customs Dated: 12th July, 2021 G.S.R. 487(E).- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satis..

Posted in Custom

RBI notification on Cassette - Swaps in ATMs

Notification No#RBI/2021-22/71 DCM (Plg.) No.S39/10.25.007/2021-22 12 July 2021

RBI/2021-22/71 DCM (Plg.) No.S39/10.25.007/2021-22 July 12, 2021 The Chairman / Managing Director & Chief Executive Officer All Scheduled Commercial Banks including RRBs Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks. Madam / Dear Sir, C..

Posted in Community & General

Notification No.79/2021 u/s 35(1)(ii) of the Income-tax Act, 1961 in the case of M/s Patanjali Research Foundation Trust, Haridwar

Notification No#79/2021 12 July 2021

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 12th July 2021 S.O. 2804(E).—In exercise of the powers conferred by clauses (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (43 of 1961) read with rules 5C and ..

Posted in Income Tax

Retail Direct Scheme: Allowing Retail Investors to Open Gilt Accounts with RBI

Notification No#Press Release: 2021-2022/518 12 July 2021

Reserve Bank of India Retail Direct Scheme: Allowing Retail Investors to Open Gilt Accounts with RBI Date : Jul 12, 2021 As part of continuing efforts to increase retail participation in government securities, ‘the RBI Retail Direct’ facility was announced in the Statement ..

Posted in Community & General

Weekly newsletter from Chairman, CBIC dated 12/07/2021

Notification No#D.O.No.78/CH(IC)/2020 12 July 2021

Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs North Block, New Delhi-110001 Tel. No.: +91-11-23092849, Fax : +91-11-23092890 E-mail : ajit.m@gov.in M. Ajit Kumar, Chairman Date: 12th July 2021 D.O.No.78/CH(IC)/2020 Last ..

Posted in Custom

Notification No. 78/2021 [F.No.300196/5/2018-ITA-I] / SO 2774(E)

Notification No#78/2021 09 July 2021

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 9th July 2021 S.O. 2774(E).—In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the p..

Posted in Income Tax

Mandatory Leave for Employees Posted in Sensitive Positions or Areas of Operation

Notification No#RBI/2021-22/70 DoR.ORG.REC.31/21.06.017/2021-22 09 July 2021

RBI/2021-22/70 DoR.ORG.REC.31/21.06.017/2021-22 July 9, 2021 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 Dear Sir, Mandatory Leave fo..

Posted in Community & General

Review of Advance Intimation timelines for modifications in the contract specifications of commodity derivative contracts

Notification No#SEBI/HO/CDMRD_DoP/P/CIR/2021/592 08 July 2021

Securities and Exchange Board of India Circular No.: SEBI/HO/CDMRD_DoP/P/CIR/2021/592 Dated: July 08, 2021 The Managing Directors / Chief Executive Officers All Recognized Stock Exchanges having Commodity Derivatives Segment Dear Sir / Madam, Sub: Review of Advance Intimation t..

Posted in Investments & Personal Finance