Recent Notifications

·         Faceless Penalty (Amendment) Scheme, 2022

·         Amendment in the notification No. 12/97-Customs (N.T.) dated the 2nd April, 1997

·         Bharat Bill Payment System – Amendment to guidelines

·         Guidelines on import of gold by Qualified Jewellers as notified by – The International Financial Services Centers Authority (IFSCA)

·         Housing Finance – Loans for repairs/additions/alterations - Enhancement of limits

·         Seeks to provide global Tariff Rate Quota (TRQ) of 20 LMT per FY to Crude Sunflower Oil and Crude Soyabean Oil for 2 years exempting from whole of BCD and AIDC

·         Seeks to amend notification No. 27/2011 dated 1 st March, 2011 to increase export duty on certain goods

·         Seeks to amend Second Schedule of the Customs Tariff Act, 1975 to increase and levy Export duty

·         Seeks to further amend notification No. 11/2021- Customs dated 1 st February, 2021 to reduce duty on Anthracite/Coking Coal

·         Seeks to further amend notification No. 50/2017- Customs dated 30th June, 2017

·         Seeks to amend Notification No. 18/2019-Customs reducing Road and Infrastructure Cess (RIC) on Petrol and Diesel

·         Seeks to amend Notification No. 04/2019-Central Excise reducing Road and InfratructureCess (RIC) on Petrol and Diesel

·         Customs Tariff (Determination of Origin of Goods under the Comprehensive Economic Partnership Agreement between the Republic of India and Japan) Amendment Rules, 2022

·         Exchange rate Notification No.43/2022-Cus (NT) dated 19.05.2022

·         Reserve Bank of India (Financial Statements - Presentation and Disclosures) Directions, 2021 - Reporting of reverse repos with Reserve Bank on the bank’s balance sheet

·         Interoperable Card-less Cash Withdrawal (ICCW) at ATMs

·         Government of India guaranteed term loan extended by SBI to the Government of Sri Lanka- Settlement in INR

·         New Definition of Micro, Small and Medium Enterprises - Clarification

·         Kisan Credit Card Scheme - Eligibility criteria for farmers engaged in fisheries/ aquaculture

·         Exchange rate Notification No.42/2022-Cus (NT) dated 18.05.2022

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

·         Lending by Commercial Banks to NBFCs and Small Finance Banks (SFBs) to NBFC-MFIs, for the purpose of on-lending to priority sectors

·         Income–tax (Fifteenth Amendment) Rules, 2022

·         Income–tax (Fourteenth Amendment) Rules, 2022

·         Income–tax (Thirteenth Amendment) Rules, 2022

·         Income-tax (Twelfth Amendment) Rules, 2022

·         Exchange rates Notification No.40/2022-Cus (NT) dated 05.05.2022-regarding

·         Exim Bank's Government of India supported additional Line of Credit (LoC) of USD 190 million to the SBM (Mauritius) Infrastructure Development Company Ltd

·         Maintenance of Cash Reserve Ratio (CRR)

·         Change in Bank Rate

·         Standing Liquidity Facility for Primary Dealers

·         ASBA designated branches to remain open for public on May 8, 2022 (Sunday) to facilitate processing of applications for LIC IPO

·         Liquidity Adjustment Facility- Change in rates

·         Review of Minimum Investment Grade Credit Ratings for Deposits of NBFCs

·         Seeks to amend the notification No. 11/2018 Customs to align the HS Codes with the Finance Act, 2022, w.e.f 01.05.2022

·         Seeks to amend the various Customs Tariff notifications in order to align the HS Codes of the said notifications with the Finance Act, 2022, w.e.f. 01.05.2022

·         Seeks to give effect to the first tranche of India UAE CEPA

·         Income-tax (Eleventh Amendment) Rules, 2022