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  • Exim Bank Government of India supported Line of Credit (LoC) of USD 40 million to the Government of the Togolese Republic

Exim Bank Government of India supported Line of Credit (LoC) of USD 40 million to the Government of the Togolese Republic

Export-Import Bank of India (Exim Bank) has entered into an agreement dated June 23, 2021 with the Government of the Togolese Republic, for making available to the latter, Government of…

Seeks to notify 01.01.2022 as the date on which provisions of section 108, 109 and 113 to 122 of the Finance Act, 2021 shall come into force.

New Delhi, the 21st December, 2021 S.O. …..(E).— In exercise of the powers conferred by clause (b) of sub-section (2) of section 1 of the Finance Act, 2021 (13 of…

Seeks to bring sub-rule (2) and sub-rule (3), clause (i) of sub-rule (6) and sub-rule (7) of rule 2 of the CGST (Eighth Amendment) Rules, 2021 into force w.e.f. 01.01.2022.

New Delhi, the 21st December, 2021 G.S.R…..(E).— In pursuance of sub-rule (2) of rule 1 of the Central Goods and Services Tax (Eighth Amendment) Rules, 2021, No. 35/2021 – Central…

Government Agency Business Arrangement – Appointment of Scheduled Private Sector Banks as Agency Banks of Reserve Bank of India (RBI)

December 15, 2021 All Scheduled Payments Banks and Scheduled Small Finance Banks in India Dear Sir / Madam Please refer to RBI Circular RBI/2021-22/36; CO.DGBA.GBD.No.S77/42.01.033/2021- 22 dated May 10, 2021…

E-Verification Scheme, 2021.

S.O. 5187(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 135A of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following…

Prompt Corrective Action (PCA) Framework for Non-Banking Financial Companies (NBFCs)

December 14, 2021 All Deposit Taking NBFCs All Non-Deposit Taking NBFCs in Middle, Upper and Top Layers1 Dear Sir / Madam, Reserve Bank of India had introduced a Prompt Corrective

Income-tax (33rd Amendment) Rules, 2021.

G.S.R. 851(E).—In exercise of the powers conferred by clause (4E) of section 10 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct…

Clarification regarding amendment to SEBI (Portfolio Managers) Regulations,2020

December 10, 2021 To, All Portfolio Managers Dear Sir/Madam, 1. The Securities and Exchange Board of India (Portfolio Managers) Regulations, 2021 (PMS Regulations) were amended vide notification dated November 09,…

Section 24 of the Banking Regulation Act, 1949 – Maintenance of Statutory Liquidity Ratio(SLR) – Marginal Standing Facility (MSF) – return to the normal dispensation

December 10, 2021 All Scheduled Banks Madam/Sir, Please refer to circular DOR.RET.REC.36/12.01.001/2021-22 dated August 09, 2021 and paragraph 15(i) of the Master Direction DOR.No.RET.REC.32/12.01.001/2021-22 dated July 20, 2021, on Marginal…

Introduction of Legal Entity Identifier for Cross-border Transactions

December 10, 2021 To All Category-I Authorised Dealer Banks Madam / Sir, The Legal Entity Identifier (LEI) is a 20-digit number used to uniquely identify parties to financial transactions worldwide…