Cassette – Swaps in ATMs
March 31, 2022 Madam / Dear Sir, The Chairman / Managing Director/Chief Executive OfficerAll Banks Please refer to the circulars RBI/2017-18/162/ DCM (Plg.) No. 3641/10.25.007/2017-18 dated April 12, 2018 and…
Calculation of investment concentration norm for Category III AIFs
1. Regulation 15(1)(d) of SEBI (Alternative Investment Funds) Regulations, 2012 (“AIF Regulations”), has been amended and notified on March 16, 2022, to provide flexibility to Category III AIFs, including large…
Special Clearing operations on March 31, 2022
March 28, 2022 The Chairman and 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…
Framework for Geo-tagging of Payment System Touch Points
To facilitate nuanced spread of acceptance infrastructure and inclusive access to digital payments, the Monetary Policy Statement 2020-21 on October 08, 2021 had announced that a framework for geo-tagging of…
Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year (2021-22)
March 24, 2022 All Agency Banks Dear Sir / Madam All government transactions done by agency banks for Financial Year 2021-22 must be accounted for within the same financial year.…
Classification, Valuation and Operation of Investment Portfolio of Commercial Banks (Directions), 2021 – Amendment
Please refer to the Master Direction DOR.MRG.42/21.04.141/2021-22 dated August 25, 2021 – ‘Classification, Valuation and Operation of Investment Portfolio of Commercial Banks (Directions), 2021’ (hereinafter referred as ‘Master Direction’). 2.…
Appointment of Common Adjudicating authority for adjudicating the show cause notices issued by DGGI under GST.
New Delhi, the 11th March, 2022 G.S.R…..(E).– In exercise of the powers under section 3 read with section 5 of the Central Goods and Services Tax Act, 2017 (12 of…
Customs (NT)-Amendment in the Notification No. 12/97-Customs (NT) dated the 2nd April, 1997
G.S.R. 170(E).—In exercise of the powers conferred by clause (aa) of sub-section (1) of section 7 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes…
Investment in Umbrella Organization (UO) by Primary (Urban) Co-operative Banks
Please refer to circular UBD.(PCB).BPD.Cir.No.46/16.20.000/2008-09 dated January 30, 2009 on Investments in Non-SLR securities by Primary (Urban) Co-operative Banks. Paragraph 2(i) of the circular states that the non-SLR investments shall…
Central Tax-Seeks to implement e invoicing for the taxpayers having aggregate turnover exceeding Rs. 20 Cr from 1st April 2022.
New Delhi, the 24th February, 2022 G.S.R…..(E).- In exercise of the powers conferred by sub-rule (4) of rule 48 of the Central Goods and Services Tax Rules, 2017, the Government,…