Periodic Updation of KYC –Restrictions on Account Operations for Non-compliance
May 5, 2021 The Chairpersons/ CEOs of all the Regulated Entities Madam/Sir, Please refer to Section 38 of the Master Direction on KYC dated February 25, 2016, in terms of…
Utilisation of Floating Provisions/Counter Cyclical Provisioning Buffer
Please refer to our circular DBOD.No.BP.BC.89/21.04.048/2005-06 dated June 22, 2006 and DBOD.No.BP.BC.68/21.04.048/2006-07 dated March 13, 2007 on creation, accounting, disclosures and utilisation of floating provisions by banks. Banks may also…
Priority Sector Lending (PSL) – On-lending by Small Finance Banks (SFBs) to NBFC-MFIs
May 5, 2021 The Chairman/ Managing DirectorChief Executive OfficerSmall Finance Banks Dear Sir/Madam, Priority Sector Lending (PSL) – On-lending by Small Finance Banks (SFBs) to NBFC-MFIs As per extant guidelines,…
Relaxation in Rule 36(4) 105% of eligible visible is to be seen cumulatively for the period April and May, 2021 and Invoice Furnishing Facility (“IFF”) can now be furnished for the month of April, 2021 till 28.05.2021 by quarterly opted dealers.
New Delhi, the 1st May, 2021 G.S.R…(E).- In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Government,…
Clarification on spending of CSR funds for ‘creating health infrastructure for COVID care’, ‘establishment of medical oxygen generation and storage plants’ etc.
Date: 05th May 2021 To,All Stakeholders. Subject: – Clarification on spending of CSR funds for ‘creating health infrastructure for COVID care’, ‘establishment of medical oxygen generation and storage plants’ etc.-…
Gap between two board meetings under section 173 of the Companies Act, 2013 (CA-13) – Clarification
Dated: 03-05-2021 ToThe DGCOA,All Regional DirectorsAll Registrar of CompaniesAll Stakeholders. Subject: Gap between two board meetings under section 173 of the Companies Act, 2013 (CA-13) – Clarification Sir/Madam,In view of…
Relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013.
Dated: 03/05/2021 ToAll Regional Directors,All Registrar of Companies,All Stakeholders. Subject: Relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013. Sir/Madam,On account…
Relaxation of time for filing certain forms under the Companies Act, 2013.
Dated: 03/05/2021 To The DGCOA,All Regional Directors,All Registrars of Companies, All Stakeholders. Subject: Relaxation on levy of additional fees in filing of certain Forms under the Companies Act, 2013 and…
Format, Procedure and Guidelines for submission of Statement of Financial Transactions (SFT) for Mutual Fund Transactions by Registrar and Share Transfer Agent
Section 285BA of the Income Tax Act, 1961 and Rule 114E requires specified reporting persons to furnish statement of financial transaction (SFT). 2. For the purposes of pre-filling the return…
Format, Procedure and Guidelines for submission of Statement of Financial Transactions (SFT) for Depository Transactions
New Delhi, 30th April, 2021 Section 285BA of the Income Tax Act, 1961 and Rule 114E requires specified reporting persons to furnish statement of financial transaction (SFT). 2. For the…