Notification & Circulars

SEBI - Upstreaming of clients’ funds by Stock Brokers (SBs) / Clearing Members (CMs) to Clearing Corporations (CCs)

Notification No#Circular No. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/84 08 June 2023

Securities and Exchange Board of India Circular No. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/84 Dated: June 08, 2023 To, Stock Brokers through recognized Stock Exchanges Depository Participants through recognized Depositories Clearing Members through recognized Clearing Corporations Dea..

Posted in Shares & Stock

RBI Extends Deadline for Priority Sector Lending Targets for Co-operative Banks

Notification No#RBI/2023-24/42 DOR.CRE.REC.18/07.10.002/2023-24 08 June 2023

RBI/2023-24/42 DOR.CRE.REC.18/07.10.002/2023-24 June 8, 2023 Primary (Urban) Co-operative Banks other than Salary Earners’ Banks Madam / Dear Sir, Priority Sector Lending (PSL) targets / sub-targets and contribution against shortfall in achievement of PSL targets – Primary (..

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Participation of Mutual funds in repo transactions on Corporate Debt Securities

Notification No#Circular No. SEBI/HO/IMD/IMD PoD-2/P/CIR/2023/85 08 June 2023

Securities and Exchange Board of India Circular No. SEBI/HO/IMD/IMD PoD-2/P/CIR/2023/85 Dated: June 8, 2023 All Mutual Funds (MFs)/ Asset Management Companies (AMCs)/ Trustee Companies/ Board of Trustees of Mutual Funds/ Association of Mutual Funds in India (AMFI) Sir/Madam, Sub: ..

Posted in Shares & Stock

CBDT - Revision of exceptions to monetary limits for filing appeals deferred under provisions of Section 158AB

Notification No#Circular No. 8/2023 31 May 2023

Circular No. 8/2023 No. 279/Misc./M-93/2018-ITJ(Pt.) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes, New Delhi ***** Dated the 31st, May, 2023 Sub:- Revision of exceptions to monetary limits for filing appeals deferred under provisions of..

Posted in Income Tax

Income-tax (Fifth Amendment) Rules, 2023

Notification No#28/2023 22 May 2023

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 22nd May, 2023 INCOME-TAX G.S.R. 379(E).– In exercise of the powers conferred by section 295 read with section 115BBJ, section 194BA, sub-section (3) of section 200 and proviso to su..

Posted in Income Tax

₹2000 Denomination Banknotes – Withdrawal from Circulation; Will continue as Legal Tender

Notification No#RBI/2023-24/33 DCM(Plg) No.S-239/10.27.00/2023-24 22 May 2023

RBI/2023-24/33 DCM(Plg) No.S-239/10.27.00/2023-24 May 22, 2023 The Chairman / Managing Director/ Chief Executive Officer All Banks Dear Sir /Madam, ₹2000 Denomination Banknotes – Withdrawal from Circulation; Will continue as Legal Tender In continuation to our circular DC..

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RBI appoints Shri Neeraj Nigam as new Executive Director

Notification No#PR : 2023-2024/2 03 April 2023

The Reserve Bank of India Date : Apr 03, 2023 RBI appoints Shri Neeraj Nigam as new Executive Director The Reserve Bank of India (RBI) has appointed Shri Neeraj Nigam as Executive Director (ED) with effect from April 03, 2023. Prior to being promoted as ED, Shri Neeraj Nigam was heading th..

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Master Circular on Credit Facilities to Minority Communities

Notification No#RBI/2023-24/02 FIDD.GSSD.BC.No.02/09.10.001/2023-24 01 April 2023

Reserve Bank of India RBI/2023-24/02 FIDD.GSSD.BC.No.02/09.10.001/2023-24 April 01, 2023 The Chairman/Managing Director/Chief Executive Officer All Scheduled Commercial Banks (excluding RRBs and Foreign Banks with less than 20 branches) Madam/ Dear Sir, Master Circular on Credit Fa..

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Master Circular on SHG-Bank Linkage Programme

Notification No#RBI/2023-24/03 FIDD.CO.FID.BC.No.1/12.01.033/2023-24 01 April 2023

Reserve Bank of India RBI/2023-24/03 FIDD.CO.FID.BC.No.1/12.01.033/2023-24 April 01, 2023 The Chairman/ Managing Director/ Chief Executive Officer All Scheduled Commercial Banks Madam/ Dear Sir Master Circular on SHG-Bank Linkage Programme The Reserve Bank of India has, from tim..

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Master Circular - Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances

Notification No#RBI/2023-24/06 DOR.STR.REC.3/21.04.048/2023-24 01 April 2023

Reserve Bank of India RBI/2023-24/06 DOR.STR.REC.3/21.04.048/2023-24 April 1, 2023 All Commercial Banks (excluding RRBs) Madam/Dear Sir Master Circular - Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances Please refer to the Master C..

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