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Sovereign Gold Bond (SGB) Scheme 2022-23

June 16, 2022 Scheduled Banks (as per the list attached),Designated Post Offices (as per the list attached)Stock Holding Corporation of India Ltd.National Stock Exchange of India Ltd, Bombay Stock Exchange…

Guidelines for removal of difficulties under sub-section (2) of section 194R of the Incometax Act, 1961

New Delhi, dated 16th June, 2022 Finance Act 2022 inserted a new section 194R in the Income-tax Act, 1961 (hereinafter referred to as “the Act”) with effect from I” July…

Procedure relating to sanction, post-audit and review of refund claims

Attention is invited to sub-section (2) of section 107 of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as “CGST Act”) which provides that the Commissioner may…

Accounting of Premium, claims and related expenses on estimation basis

Date : 15th June, 2022 ToCMD/ CEO of GIC and FRBs including Lloyds 1. At present, para 2 of Part I of Schedule B of the Insurance Regulatory and Development…

Application under Rule 4, 6 or 7 of Insolvency and Bankruptcy (Application to Adjudication Authority) Rules, 2016

15th June, 2022 ToInformation Utility(By mail to registered email address and on the website of the IBBI) Dear Madam /Sir, It has been decided that henceforth, the Board will forward…

Nomination for Mutual Fund Unit Holders

June 15, 2022 ToAll Mutual Funds (MFs)/Asset Management Companies (AMCs)/Trustee Companies/ Board of Trustees of Mutual Funds/Registrar and Transfer Agents (RTAs)/Association of Mutual Funds in India (AMFI) Sir / Madam,…

Cost Inflation Index for Financial Year 2022-23

New Delhi, the 14th June, 2022 S.O. 2735(E). In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the Income-tax Act, 1961 (43 of…

Bank finance to Government owned entities

June 14, 2022 All Scheduled Commercial Banks(Excluding RRBs) Madam / Dear Sir Please refer to the Master Circulars DBR.No.Dir.BC.10/13.03.00/2015-16 dated July 1, 2015 on ‘Loans and Advances – Statutory and…

Companies (Appointment and Qualification of directors)Second ammendment rules, 2022

G.S.R. 439(E).—In exercise of the powers conferred by section 149 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules…

Discontinuation of Return under Foreign Exchange Management Act, 1999

Attention of Authorised Persons is invited to A.P. (DIR series) circular No 26, dated February 18, 2022, wherein Authorised Persons were advised about proposed discontinuation of the return “Details of…