Day: October 22, 2021

RBI revised regulatory framework for NBFCs 

 RBI revised regulatory framework for NBFCs. These guidelines shall be effective from October 01, 2022. The instructions relating to ceiling on IPO funding given vide para 3.1(d) of the Annex shall come into effect from April 01, 2022 Framework for Scale Based Regulation for Non-Banking Financial Companies Regulatory …

Calendar for Sovereign Gold Bond 2021-22 notified

Calendar for Sovereign Gold Bond 2021-22 notified A distinct Series (starting from Series VII) to be launched for every tranche which will be indicated on the Bond issued to the investor. The Sovereign Gold Bonds 2021-22 under this Scheme may be held by a Trust, HUFs, Charitable Institution, …

InvIT and REIT under FEMA assigned definition as per Income Tax Act 1961

Definition of Infrastructure Investment Trust (InvIT) and Real Estate Investment Trust (REIT) under FEMA aligned to Income Tax Act 1961   RESERVE BANK OF INDIA(Financial Markets Regulation Department)(CENTRAL OFFICE)   NOTIFICATION   Mumbai, the 13th October, 2021 Foreign Exchange Management (Debt Instruments) (First Amendment) Regulations, 2021 No. FEMA.396(1)/2021-RB.—In …