The CBDT recently notified Rule 12AB under the Income-tax Rules, 1962 which lays down additional conditions that require the furnishing of income-tax return. These are applicable to individuals / HUF…
1] The limits for FPI investment in Government securities (G-secs), State Development Loans (SDLs) and corporate bonds shall remain unchanged at 6%, 2% and 15% respectively, of outstanding stocks of…
Under Monetary Policy framework, Today RBI has issued Press Release on Statement on Developmental and Regulatory Policies. One of the key changes proposed under “Payments ad Settlement Systems” is Rationalisation of…
A Revised Regulatory Framework for NBFCs’ was issued vide Circular dated October 22, 2021. As indicated therein, NBFCs in the Upper Layer (NBFC-UL) and Middle Layer (NBFC-ML) would be required,…
The Reserve Bank of India (RBI) has today placed on its website draft guidelines on ‘Processing and Settlement of small value Export and Import related payments’ facilitated by Online Export-Import Facilitators (OEIF)…
