Notifications & Circulars RBI imposes monetary penalty on Tiruchengode Co-operative Urban Bank Ltd. (Reserve Bank of India) (27.06.2022)The Reserve Bank of India (RBI) has imposed, by an order dated June 24, 2022, a monetary penalty of ₹ 10.00 lakh (Rupees Ten lakh only) on The Tiruche....MANU/RPRL/0264/2022BankingCentral Government specifies the sovereign wealth fund as the specified person for the purposes of clause (b) of Explanation 1 to section 10(23FE) of the Income-tax Act, 1961 (Ministry of Finance ) (27.06.2022)In exercise of powers conferred by sub-clause (vi) of clause (b) of the Explanation 1 to clause (23FE) of section 10 of the Income-tax Act, 1961 (43 o....MANU/CBDT/0075/2022Direct TaxationDGFT issues clarification on Chip Import Monitoring System (CHIMS) (Ministry of Commerce and Industry) (27.06.2022)1. Subsequent to the issuance of Notification No. 05/2015-2020 dated 10.05.2021 amending the import policy of items covered under ITC(HS) codes 854231....MANU/DGFT/0102/2022Commercial RBI discusses the challenges to statistical compilation and modelling during uncertain times at the 16th Statistics Day Conference (Reserve Bank of India) (29.06.2022)Today, the Reserve Bank organised its 16th annual conference on 'Statistics Day' designated by the Government of India on June 29 to commemorate the b....MANU/RPRL/0267/2022BankingCentral Government notifies for tolerance range of one per cent. for wholesale trading and three per cent. in all other cases for assessment year 2022-2023. (Ministry of Finance ) (29.06.2022)In exercise of the powers conferred by the third proviso to sub-section (2) of section 92C of the Income-tax Act, 1961 (43 of 1961)(hereafter referred....MANU/CBDT/0078/2022Direct TaxationExtension of time for filing exporter's/importer's/user's questionnaire response in anti-dumping investigation concerning imports of "Dispersion Unshifted Single-mode Optical Fibre" (Ministry of Commerce and Industry) (29.06.2022)1. With respect to the above mentioned investigation, requests have been received from interested parties for extension of time to file Questionnaire ....MANU/COMM/0102/2022Commercial Finance Minister to release assessment report of States/UTs based on implementation of Business Reforms Action Plan in presence of Commerce and Industry Minister Shri Piyush Goyal (Press Information Bureau) (29.06.2022)Sectoral reforms introduced for the first time in BRAP 2020 with 72 reforms across 9 key sectors Smt. Nirmala Sitharaman, Hon'ble Minister of....MANU/PIBU/2667/2022Commercial