RBI notifies Late Submission Fee for reporting delays under FEMA
On 30-09-2022, the Reserve Bank of India has introduced Late Submission Fee for reporting delays under FEMA. The Late Submission Fee (LSF)
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Notifications issued by various government departments, government bodies etc.
SEBI issues circular on Credit Ratings supported by Credit Enhancement
On 28-09-2022, the Securities and Exchange Board of India (‘SEBI’) has issued a circular modifying the guidelines on Credit Ratings
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SEBI issues Amendment to guidelines for preferential issue and institutional placement of units by a listed InvIT/ REIT
On 28-09-2022, the Securities and Exchange Board of India (‘SEBI’) has issued circulars modifying the guidelines for preferential issue and
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SEBI permits REITs and InvITs to issue Commercial Papers
On 22-09-2022, the Securities and Exchange Board of India has issued circulars stating that InvITs/REITs may issue listed commercial papers subject to
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SEBI issues circular on Validation of Instructions for Pay-In of Securities from Client Demat account to Trading Member (TM) Pool Account against obligations received from the Clearing Corporations
On 19-09-2022, the Securities and Exchange Board of India(‘SEBI') issued a circular on validation of Instructions for Pay- In of
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Government re-designates title of Assistant Solicitor General of India as Deputy Solicitor General of India
The Central Government has notified the re-designation of Assistant Solicitor General of India as Deputy Solicitor General of India for future references.
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RBI issues new guidelines for Regular Entities on Digital Lending
On 02-09-2022, Reserve Bank of India issued guidelines on Digital Lending which would be applicable to the ‘existing customers availing fresh loans’
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SC Judge Justice Sanjay Kishan Kaul nominated as the Chairman of Supreme Court Legal Services Committee
The Central Authority has nominated Mr. Justice Sanjay Kishan Kaul, Judge, Supreme Court of India, as Chairman of the Supreme
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SEBI issues circular to prevent performance/return claimed by regulated platforms offering algorithm strategies for trading
On 02-09-2022, the Securities and Exchange Board of India (‘SEBI') issued a circular on performance/ return claimed by unregulated platforms
Continue readingMinistry of Railways issues guidelines for implementation of GST implications on recovery of liquidated damages
On 10-08-2022, the Ministry of Railways has issued guidelines for implementation of Goods and Service Tax (‘GST') implications on recovery
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SEBI amends SEBI (CRA) Regulations, 1999; allowing disclosures to be used in fair assessment of Credit Rating Agencies
On 25-08-2022, the Securities and Exchange Board of India (‘SEBI') has issued a circular on Enhanced Disclosures by Credit Rating
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SEBI issues circular on participation of financial account aggregators in Account Aggregator framework
On 19-08-2022, SEBI has issued a circular on participation of financial account aggregators in Account Aggregator framework. The Account Aggregators
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SEBI makes Block mechanism mandatory for all Early Pay-In transactions
On 18-08-2022, SEBI has issued a circular on making the facility of block mechanism mandatory for all Early Pay –
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CBDT exempts non-resident from the purview of S. 206C(1G) of IT Act, 1961
The Central Government has notified that the provisions of section 206-C (IG) of the Income Tax Act, 1961 shall not
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SEBI issues Circular on enhanced guidelines for debenture trustees and listed issuer companies on security creation and initial due diligence
On 04-08-2022, the Securities and Exchange Board of India (‘SEBI’) issued enhanced guidelines for debenture trustees and listed issuer companies on security
Continue readingRBI amends Gold Monetization Scheme, 2015; Guidelines issued for Renewal/ Redemption of Medium and Long-Term Government Deposit
On 04-08-2022, the Reserve of India (‘RBI') amended the RBI (Gold Monetization Scheme, 2015) with immediate effect. The amendment inserts
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CBDT notifies submission of COVID-19 related documents by the employees to the employer
The Central Government has notified submission of following documents by the employees to the employer: COVID-19 positive report of the employee or
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RBI notifies change in Bank Rate
On 05-08-2022, the Reserve Bank of India has issued a notification regarding the change in the bank rate. The Bank Rate is
Continue readingRBI issues Master Circular on Credit Facilities to Minority Community
On 02-08-2022, the Reserve Bank of India (‘RBI') issued Master Circular on Credit Facilities to Minority Communities, consolidating all circulars
Continue readingRBI issues Master Circular- Credit facilities to Scheduled Castes & Scheduled Tribes
On 01-08-2022, the Reserve Bank of India (‘RBI') issued Master Circular — Credit facilities to Scheduled Castes (‘SC') & Scheduled
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