SC: General Reference to a Tender’s Arbitration Clause Does Not Incorporate it into a Contract || Supreme Court: Partnership Veil May be Lifted to Detect Illegal Sub-Letting Arrangements || Supreme Court: Lower Dearness Relief For Pensioners than Employees' DA is Arbitrary under Article 14 || Supreme Court: NCLT Should Not Assess Merits of Pre-Existing Dispute in Section 9 Applications || Supreme Court Clarifies that the Right to Vote is Not a Fundamental Right But a Statutory Right || Chhattisgarh High Court: Minor’s Voluntary Elopement With a Lover Does Not Constitute Kidnapping || Bombay HC: Staring at Co-Worker’s Chest is Morally Wrong But Does Not Amount to Voyeurism under IPC || Delhi HC: Loss of Confidence in Employees Entrusted With Funds is Valid Ground For Termination || Allahabad High Court: Gram Nyayalaya Has Jurisdiction to Decide Maintenance and Execution Petitions || J&K&L HC: Non-Publication of Sec 4(1) Notice in Gazette and Local Newspapers Vitiates Acquisition

Processing and settlement of import and export related payments facilitated by Online Payment Gateway Service Providers - (Reserve Bank of India) (24 Sep 2015)

Import-export payments facilitated by OPGSP

MANU/APDR/0075/2015

Banking

Reserve Bank of India has permitted AD Category-1 banks to offer the facility of repatriating import related remittances, in respect of import of goods and services, by entering into standing arrangements with the Online Payment Gateway Service Providers.

Relevant : Enhancement of the value of transaction MANU/APDR/0072/2013 Processing and Settlement of Export by Online Payment Gateways MANU/APDR/0137/2010

Tags : BANK IMPORT REMITTANCE ONLINE PAYMENT

Share :