Notifications Archives

RBI imposes penalty of more than Rs. 1 crore on Ola Financial Services Private Ltd. for non-compliance with Master Direction on Prepaid Payment Instruments, 2021 and Know Your Customer, 2016

On 12-07-2022, the Reserve Bank of India (‘RBI’) imposed a penalty of Rs 1 crore and 67.80 lakh on Ola Financial Services

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RBI issues guidelines on International Trade Settlement in Indian Rupees

On 11-07-2022, Reserve Bank of India has issued guidelines on International Trade Settlement in Indian Rupees to promote growth of

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SEBI issues circular on framework for Cyber Security and Cyber Resilience for all Qualified Registrars to an Issue and Share Transfer Agents

On 06-07-2022, Securities and Exchange Board of India (‘SEBI’) issued a circular on framework for Cyber Security and Cyber Resilience for all

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CBIC extends waiver of late fee for delay in filing Form GSTR-4 for FY 2021-22

On 05-07-2022, the Central Board of Indirect Taxes and Customs has waived the late fee for delay in furnishing Form GSTR-4 for

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RBI imposes Rs.1.5 crore penalty on Kotak Mahindra Bank Ltd for deficiency in regulatory compliance

The Reserve Bank of India (‘RBI’) has imposed a penalty of Rs. 1.5 crore on Kotak Mahindra Bank Ltd.(‘Kotak’) for contravening the

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Manner of obtaining certificate of registration by ‘Finance Company’ under IFSCA revised vide IFSCA (Finance Company) (Amendment) Regulations, 2022

On 1-7-2022, International Financial Services Centres Authority (IFSCA) notifies International Financial Services Centres Authority (Finance Company) (Amendment) Regulations, 2022. This Amendment seeks

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RBI issues circular on takeover/ acquisition of control of non- bank payment system operators and sale and transfer of payment system activity

On 04-07-2022, the Reserve Bank of India (‘RBI') has issued a circular determining the requirements for obtaining prior approval in

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SEBI issues circular on investor grievance mechanism to expedite redressal and disposal of complaints

On 04-07-2022, Securities and Exchange Board of India (‘SEBI') issued a circular on Investor Grievance Mechanism also amending its circular

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CCPA issues Guidelines to prohibit automatic levy of service charge in hotels and restaurants

On 04-07-2022, the Central Consumer Protection Authority (‘CCPA’) has issued Guidelines to prevent unfair trade practices and to protect the consumer interest

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RBI issued Guidelines on Note Authentication and Fitness Sorting Parameters

On 01-07-2022, Reserve Bank of India (‘RBI') issued guidelines on authentication of note and fitness sorting parameters for the Note

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RBI notified provisioning requirement for Investment in Security Receipts in order to provide glide path for the Regional Rural Banks

On 28-08-2022, Reserve Bank of India (‘RBI') notified that for smooth functioning of the Regional Rural Banks (‘RRBs') and to

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SEBI issues circular on disclosure of specified securities and holding of specified securities in dematerialized form to bring transparency to investors

On 30-06-2022, Securities and Exchange Board of India (‘SEBI’) issued a circular providing the investors in the securities market more

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CBDT specifies non fungible token as virtual digital asset

The Central Government has specified a token which qualifies to be a virtual digital asset as non-fungible token within the

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Uttar Pradesh | Women employee cannot be bound to work in night shifts

The Governor of Uttar Pradesh notified elaborate rules explaining conditions to restrict working of ‘women employee’ between 7:00 pm and 6:00 am.

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SEBI issues circular on Adjustment in derivative contracts for dividend announcements to review the framework

On 28-06-2022, Securities and Exchange Board of India (‘SEBI’) issued a circular in order to protect the interest of the investors in

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SEBI modifies operational guidelines for Foreign Portfolio Investors and Designated depository participants

On June 21, 2022, SEBI has modified operational guidelines for Foreign Portfolio Investors and Designated depository participants and Eligible Foreign Investors to

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SEBI issues circular for naming / tagging of demat accounts by June 30, 2022

On June 20, 2022, the Securities and Exchange Board of India has issued a circular requiring all stock brokers to name and

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Government of Haryana notifies conditions for employing women during night shifts under Punjab Shop and Commercial Establishment Act, 1958

On June 07, 2022, the State Government of Haryana has notified certain conditions for employing women during nights shifts in IT, ITEs

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CBDT notifies exemption of TDS on rent of ‘aircraft’ leased out by IFSC units on certain conditions

On 16th June, 2022, the Central Board of Direct Taxes (CBDT) has exempted TDS on lease rentals under Section 194-I of Income

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SEBI issues circular on nomination for mutual fund unit holders

On June 15, 2022, SEBI has issued a circular on nomination for mutual fund unit holders in order to bring uniformity in