Notifications & Circulars Insurers permitted to classify investments in Preference Shares and Equity Shares as part of "Approved Investment" on specified conditions (Insurance Regulatory and Development Authority) (27.09.2021)In continuation to circular no.: IRDAI/F&I/CIR/INV/065/03/2021 Dt. 31st March, 2021 on the subject, the Authority in exercise of its powers conferred ....MANU/IRDA/0100/2021InsuranceSecurities and Exchange Board of India grants recognition to Metropolitan Clearing Corporation of India Limited (Securities and Exchange Board of India) (28.09.2021)The Securities and Exchange Board of India, having considered the application for grant of renewal of recognition under Regulation 12 of the Securitie....MANU/SREG/0059/2021Capital MarketRBI imposes monetary penalty on Amrit Malwa Capital Limited, Jalandhar, Punjab (Reserve Bank of India) (28.09.2021)The Reserve Bank of India (RBI) has, by an order dated September 28, 2021, imposed a monetary penalty of Rs.10 lakh (Rupees Ten Lakh only) on Amrit Ma....MANU/RPRL/0150/2021BankingUse of any alternative reference rate in place of LIBOR for interest payable in respect of export / import transactions (Reserve Bank of India) (28.09.2021)1. Attention of Authorised Dealer Category- I banks (AD banks) is invited to extant Regulation 15 of Foreign Exchange Management (Export of Goods & Se....MANU/APDR/0019/2021BankingAmendment to the Final Finding Notification No. 6/8/2020-DGTR dated 8th June, 2021 (Ministry of Commerce and Industry) (28.09.2021)Having regard to the Customs Tariff Act 1975, as amended from time to time (hereinafter referred to as "the Act") and the Customs Tariff (Identificati....MANU/COMM/0204/2021CustomsExtension of the validity of documents related to Motor Vehicles Act, 1988 and Central Motor Vehicle Rules, 1989 till 31st Oct, 2021 (Press Information Bureau) (30.09.2021)The Ministry of Road Transport and Highways had issued advisories dated 30th March, 2020, 9th June, 2020, 24th Aug 2020, 27th Dec 2020, 26 March 2021 ....MANU/PIBU/4194/2021Motor VehiclesRebate of State and Central Taxes and Levies (RoSCTL) Scheme on export of apparel/garments/made-ups (Ministry of Finance ) (30.09.2021)1. Your attention is drawn to Notification No. 77/2021-Customs (N.T.) dated 24.09.2021 issued under section 51B of the Customs Act, regarding issue of....MANU/CUCR/0023/2021CustomsScheme for Remission of Duties and Taxes on Exported Products (Ministry of Finance ) (30.09.2021)1. Your attention is drawn to RoDTEP Scheme Notification No. 76/2021-Customs (N.T.) dated 23.09.2021 issued under section 51B of the Customs Act, pres....MANU/CUCR/0024/2021Customs