Notification & Circulars

Introduction of Legal Entity Identifier for Cross-border Transactions

Notification No#RBI/2021-22/137 A.P. (DIR Series) Circular No. 20 10 December 2021

Reserve bank of India RBI/2021-22/137 A.P. (DIR Series) Circular No. 20 December 10, 2021 To All Category-I Authorised Dealer Banks Madam / Sir, Introduction of Legal Entity Identifier for Cross-border Transactions The Legal Entity Identifier (LEI) is a 20-digit number used to ..

Posted in Community & General

Section 24 of the Banking Regulation Act, 1949 - Maintenance of SLR - MSF - return to the normal dispensation

Notification No#RBI/2021-22/138 DOR.RET.REC.73/12.01.001/2021-22 10 December 2021

Reserve Bank of India RBI/2021-22/138 DOR.RET.REC.73/12.01.001/2021-22 December 10, 2021 All Scheduled Banks Madam/Sir, Section 24 of the Banking Regulation Act, 1949 – Maintenance of Statutory Liquidity Ratio (SLR) – Marginal Standing Facility (MSF) – return to the..

Posted in Community & General

SEBI Circular on Mutual Funds

Notification No#CIRCULAR No. SEBI/HO/IMD/DF2/CIR/P/2021/683 10 December 2021

Securities and Exchange Board of India CIRCULAR No. SEBI/HO/IMD/DF2/CIR/P/2021/683 Dated: December 10, 2021 All Mutual Funds (MFs)/ Asset Management Companies (AMCs)/ Trustee Companies/ Board of Trustees of Mutual Funds/ Association of Mutual Funds in India (AMFI) Sir / Mada..

Posted in Investments & Personal Finance

Instruction regarding Testing of coumarin in imported Cinnamon-reg

Notification No#Instruction No. 28/2021-Customs 09 December 2021

F.No. 401/ 93 /2021-Cus-III Government of India Ministry of Finance Department of Revenue (Central Board of Indirect Taxes & Customs) North Block, New Delhi Instruction No. 28/2021-Customs Dated 9th November, 2021 To, All Principal Chief Commissioner/ Chief Commissioner of Custom..

Posted in Custom

MCA Clarification on passing of Ordinary and Special resolutions by the companies

Notification No#General Circular No. 20/2021 08 December 2021

File No. Policy-17/57/2021-CL-MCA Government of India Ministry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi 110001 General Circular No. 20/2021 Dated: 08.12.2021 To, The DGCoA, All Regional Directors, All Regist..

Posted in Corporate Law

External Commercial Borrowings (ECB) and Trade Credits (TC) Policy – Changes due to LIBOR transition

Notification No#RBI/2021-22/135 A.P. (DIR Series) Circular No. 19 08 December 2021

RBI/2021-22/135 A.P. (DIR Series) Circular No. 19 December 08, 2021 To All Category-I Authorised Dealer Banks Madam / Sir, External Commercial Borrowings (ECB) and Trade Credits (TC) Policy – Changes due to LIBOR transition Please refer to paragraph 3 of the Governor&rs..

Posted in Community & General

General permission for infusion of capital in overseas branches and subsidiaries and retention/ repatriation/ transfer of profits in these centres by banks incorporated in India

Notification No#RBI/2021-22/136 DOR.CAP.REC.No.72/21.06.201/2021-22 08 December 2021

RBI/2021-22/136 DOR.CAP.REC.No.72/21.06.201/2021-22 December 08, 2021 Dear Sir/ Madam, General permission for infusion of capital in overseas branches and subsidiaries and retention/ repatriation/ transfer of profits in these centres by banks incorporated in India Please refer to para 1..

Posted in Community & General

Clarification of holding of AGM through Video Conference (VC) or Other Audio Visual Means (OAVM)-reg

Notification No#General Circular No. 19/2021 08 December 2021

File No. Policy-17/57/2021-CL-MCA Government of India Ministry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi 110001 General Circular No. 19/2021 Dated: 08.12.2021 To, The DGCoA, All Regional Directors, All Registrar of..

Posted in Corporate Law

Protocol amending the Agreement between the Government of the Republic of India and the Government of the Kyrgyz Republic

Notification No#Notification No. 135/2021-Income Tax 08 December 2021

MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 8th December, 2021 Notification No. 135/2021-Income Tax S.O. 5094(E). - Whereas, the Protocol, amending the Agreement between the Government of the Republic of India and the Government of the Kyrgyz Republic for ..

Posted in Income Tax

RBI Statement on Developmental and Regulatory Policies

Notification No#Press Release: 2021-2022/1323 08 December 2021

Reserve Bank of India Date : Dec 08, 2021 Statement on Developmental and Regulatory Policies This Statement sets out various developmental and regulatory policy measures relating to (i) regulation and supervision; (ii) financial markets; and (ii) payment and settlement systems. I. R..

Posted in Community & General