Recent Notifications

·         Income-tax (18th Amendment) Rules, 2022

·         Income-tax (Seventeenth Amendment), Rules, 2022

·         Exchange rate Notification No.51/2022-Cus (NT) dated 16.06.2022-reg

·         Processing of e-mandates for recurring transactions

·         Sovereign Gold Bond (SGB) Scheme 2022-23

·         Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.

·         Bank finance to Government owned entities

·         Punjab and Maharashtra Co-operative Bank Limited (Amalgamation with Unity Small Finance Bank Limited) Scheme, 2022 - Provisioning on interbank exposure and valuation of Perpetual Non-Cumulative Preference Shares (PNCPS) and Equity Warrants

·         Discontinuation of Return under Foreign Exchange Management Act, 1999

·         Individual Housing loans – Enhancement in limits

·         Enhancement in Individual Housing Loan limits and credit to Commercial Real Estate - Residential Housing (CRE-RH)

·         Section 23 of the Banking Regulation Act, 1949 – Doorstep Banking

·         Change in Bank Rate

·         Standing Liquidity Facility for Primary Dealers

·         Liquidity Adjustment Facility - Change in rates

·         Seeks to amend notification no. 50/2017-Customs dated 30.06.2017 extending the time period for furnishing the final Mega power project certificate from 120 months to 156 months and extending the period of validity of security in the form of Fixed Deposit Receipt or Bank Guarantee from 126 months to 162 months, in case of provisional mega power projects

·         Branches of Indian Banks operating in GIFT-IFSC – acting as Professional Clearing Member (PCM) of India International Bullion Exchange IFSC Limited (IIBX)

·         Provisioning for Standard assets by Non-Banking Financial Company – Upper Layer

·         Exchange rate Notification No.49/2022-Cus (NT) dated 02.06.2022-reg.

·         Income-tax (Sixteenth Amendment) Rules, 2022

·         Seeks to amend Notification No. 19/2022-Customs (N.T) dated 30.03.2022 -reg.

·         Notification to exempt the deposits from the provision of Section 51A of the Customs Act -reg.

·         Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.

·         Interest Equalization Scheme (IES) on Pre and Post Shipment Rupee Export Credit – Extension

·         Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Amendment in 6 entries (individuals)