Specified securities for investment by Trust-Minimum AA rating required for listed debt securities, banks Basel III Tier-I bonds & infrastructure debt instruments
MINISTRY OF FINANCE
(Department of Economic Affairs)
NOTIFICATION
New Delhi, the 9th July, 2018
S.O. 3364(E).—In exercise of the powers conferred by section 20 of the Indian Trusts Act, 1882 (2 of 1882), the Central Government hereby makes the following amendment in the notification of the Ministry of Finance (Department of Economic Affairs), dated the 21st April, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), vide S.O 1267(E) dated the 21st April, 2017, namely:—
In the said notification, in the first proviso, for the words and letter “minimum AA rating”, the words and letter “minimum A rating” shall be substituted.
[F. No. 6/5/CM/2002-Vol.V]
Dr. SHASHANK SAKSENA, Adviser (FSRL)
Before staying CESTAT order the High Court should have framed the substantial questions of law and thereafter could have passed…
Chartered Accountant issuing Form 15CB not required check genuineness or otherwise of documents submitted by his clients – Supreme Court…
Ongoing investigation qua absconding person, cannot be a ground to deny bail to person against whom the investigations have been…
Accommodation entry operators also routinely obtain PAN, file ITRs, and maintain bank accounts, to give a facade of legitimacy to…
ICAI sets up two new branches : at Morbi and Bhiwandi The Institute of Chartered Accountants of India (ICAI) has…
Central Government notifies amended Protocol between India and Belgium for Avoidance of Double Taxation and the Prevention of Fiscal Evasion…