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Month: May 2022

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Bharat Bill Payment System – Amendment to guidelines

May 26, 2022 The Chairman and Managing Director / Chief Executive OfficerNPCI Bharat BillPay Ltd. / Bharat Bill Payment System Providers /Participants and prospective Bharat Bill Payment Operating Units 1.…

Guidelines on import of gold by Qualified Jewellers as notified by – The International Financial Services Centers Authority (IFSCA)

May 25, 2022 ToAll Category-I Authorised Dealer BanksMadam/Sir, Directorate General of Foreign Trade (DGFT) formulate and implement the Foreign Trade Policy and Procedures in terms of Foreign Trade (Development and…

Simplification of procedure and standardization of formats of documents for issuance of duplicate securities certificates

May 25, 2022 ToAll Registered Registrars to an Issue and Share Transfer Agents (RTAs)All Recognized Stock ExchangesAll Listed Companies through Recognized Stock ExchangesAll Investors’ Associations Dear Sir / Madam, 1.…

RVKS and Associates Newsletter – Volume 1.17

24.5.2022 Newsletter : https://drive.google.com/file/d/11yBnVNA7Rt_TD7Y4khr78EzuMqJYzZSb/view?usp=sharing

Housing Finance – Loans for repairs/additions/alterations – Enhancement of limits

May 24, 2022 Please refer to para 2 of the circular UBD.CO.BPD.(PCB).Cir.No.13/09.22.010/2013-14 dated September 10, 2013 on the captioned subject, wherein, the ceiling on loans to individuals for carrying out…

Review of circulars

23rd May, 2022 ToAll Registered Insolvency ProfessionalsAll Recognised Insolvency Professional EntitiesAll Registered Insolvency Professional Agencies(By mail to registered email addresses and on website of the IBBI) Dear Sir/Madam, 1. The…

Circular on Development of Passive Funds

May 23, 2022 ToAll Recognized Stock Exchanges/All Clearing Corporations/All Depositories/All Custodians/All Mutual Funds/All Asset Management Companies (AMCs)/All Trustee Companies/ Boards of Trustees of Mutual Funds/All Registrar and Transfer Agents (RTAs)/Stock…

Revision of Health Insurance Regulatory Returns

23 May 2022 ToAll Insurers (except ECGC, AIC) Sir/Madam, 1. This has reference to the master circular on standardization of health insurance products issued vide ref no. IRDAI/HLT/REG/CIR/193/07/2020 dated 22.07.2020.…

File ITR to avoid TDS/TCS deduction at higher rate, say analysts

The CBDT has issued a circular pertaining to Sections 206AB and 206CCA of the I-T Act, which provide details regarding people to whom higher TDS/TCS rates should apply Individuals who…

Beware! Income tax department warns against fraudulent messages being circulated

Updated : 20 May 2022 The income tax department has alerted people not to share their personal or financial details The Income Tax Department on Tuesday cautioned public against falling…