Guidelines for removal of difficulties under sub-section (6) of section 194S of the Income-tax Act, 1961
New Delhi, dated 22nd June, 2022 Finance Act 2022 inserted a new section 194S in the Income-tax Act, 1961 (hereinafter referred to as “the Act”) with effect from 1st July…
Extension of timeline for implementation of certain provisions of Master Direction – Credit Card and Debit Card – Issuance and Conduct Directions, 2022
June 21, 2022 All Scheduled Banks (excluding Payments Banks/State Co-operative Banks and District Central Cooperative Banks)All Non-Banking Financial Companies (NBFCs) Please refer to paragraph 1 (b) of the Master Direction…
Modification in the Operational Guidelines for Foreign Portfolio Investors, Designated Depository Participants and Eligible Foreign Investors – Bank account details to which the payment is to be done electronically
June 21, 2022 To, All Foreign Portfolio Investors (“FPIs”) through their Designated DepositoryParticipants (“DDPs”) Designated Depository Participants (“DDPs”)/Custodians 1. ‘Annexure D’ of the ‘Operational Guidelines for Foreign Portfolio Investors, Designated…
RVKS and Associates Newsletter – Volume 1.21
21.6.2022 Newsletter : https://drive.google.com/file/d/1go6LNjDanBq10EaW6tuKpDGBVgzQ0lBs/view?usp=sharing
FSSAI asks online delivery platforms to display restaurants’ nutritional information
Restaurant chains need to display calorie counts and other nutritional information on menus from July 1 With restaurant chains mandated to display calorie count of dishes and other nutritional information…
Naming / Tagging of demat accounts maintained by Stock Brokers
June 20, 2022 To,All Recognised Stock ExchangesAll DepositoriesAll Registered Stock Brokers through Recognized Stock Exchanges Dear Sir/Madam, 1. SEBI vide circular no. SEBI/HO/MIRSD/MIRSD2/CIR/P/2016/95 dated September 26, 2016 had mandated uniform…
Whether a Company Petition filed for initiation of CIRP against a Corporate Debtor, can be withdrawn during the process of Liquidation?
Subject Insolvency and Bankruptcy Code, 2016 Case Shri. V S Varun, Liquidator, M/s. Aradhya Wire and Ropes Pvt. Ltd. Vs. M/s. South Indian Bank Corporate Debtor M/ s. Aradhya Wire…
Payments Vision 2025
June 17, 2022 The Reserve Bank of India (RBI) has today placed on its website the “Payments Vision 2025”. The Payments Vision 2025 has the core theme of ‘E-Payments for…
Income-tax (18th Amendment) Rules, 2022.
G.S.R. 458(E).—In exercise of the powers conferred by section 295 read with sub-section (2) of section 92CB of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct…
Processing of e-mandates for recurring transactions
June 16, 2022 The Chairman / Managing Director / Chief Executive OfficerAll Scheduled Commercial Banks, including Regional Rural Banks /Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks…