Income-tax (30th Amendment) Rules, 2022.
New Delhi, the 14th September, 2022 G.S.R. 697(E).––In exercise of the powers conferred by section 285B read with clause (mma) of sub-section(2) of section 295 of the Income-tax Act, 1961…
Fast Track Corporate Insolvency Resolution process
New Delhi, the 30th August, 2022 S.O. 4142(E).—In exercise of the powers conferred by sub-section (2) of section 55 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the…
Review of Prudential Norms – Risk Weights for Exposures guaranteed by Credit Guarantee Schemes (CGS)
September 07, 2022 All Scheduled Commercial Banks (including Regional Rural Banks)All Primary (Urban) Co-operative BanksAll Non-Banking Financial Companies (including Housing Finance Companies)All All-India Financial Institutions Dear Sir/ Madam, Please refer…
Incentive for improving service to non-chest branches
September 06, 2022 The Chairman & Managing DirectorManaging Director/ Chief Executive OfficerAll Banks having Currency Chests Madam/ Sir, Please refer to circulars RBI/ 2015-16/ 293 DCM (NPD) No. 2564/ 09.40.02/…
Guidelines on Digital Lending
A reference is invited to para 7 of the RBI Press Release “Recommendations of the Working Group on Digital Lending – Implementation” dated August 10, 2022. Detailed guidelines on recommendations…
Income-tax (29th Amendment) Rules, 2022.
G.S.R. 677(E).—In exercise of the powers conferred by section 139A read with section 295 of theIncome-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the…
Companies (Appointment and Qualification of Directors) Third Amendment Rules, 2022.
New Delhi, the 29th August, 2022 G.S.R. 662(E).—In exercise of the powers conferred under second proviso to sub-section(1), sub-section (4), clause (f) of sub-section (6) of section 149, sub-sections (3)…
Section 23 of the Banking Regulation Act, 1949 – Branch Authorisation Policy – Left Wing Extremism affected districts – Revised List
August 22, 2022 All Domestic Scheduled Commercial Banks(excluding Regional Rural Banks, Payments Banks and Local Area Banks) Madam/Dear Sir, Please refer to our circular on ‘Rationalisation of Branch Authorisation Policy-Revision…
Foreign Exchange Management (Overseas Investment) Directions, 2022
August 22, 2022 All Category – I Authorised Dealer BanksMadam/Sir 1. Overseas investments by persons resident in India enhance the scale and scope of businessoperations of Indian entrepreneurs by providing…
Foreign Exchange Management (Overseas Investment) Regulations, 2022
August 22, 2022 In exercise of the powers conferred by sub-section (1) and clause (a) of sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of…