nbfc

  • Income Tax

CBDT notifies NBFCs u/s 43D related to taxation of interest on bad or doubtful debts

CBDT notifies non-banking financial companies for the purpose of section 43D related to taxation of interest on bad or doubtful…

7 months ago
  • RBI

RBI issues regulations for NBFCs under amended Factoring Regulation Act 2011

RBI issues regulations for NBFCs under amended Factoring Regulation Act 2011 The Factoring Regulation Act, 2011 has been amended recently.…

2 years ago
  • RBI

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…

3 years ago
  • RBI

RBI debars Haribhakti & Co. LLP, CA Firm for undertaking NBFC audit for 2 years

RBI debars Haribhakti & Co. LLP, Chartered Accountants from NBFC audit for 2 years from 01.04.2022 The Reserve Bank of…

3 years ago
  • RBI

RBI prescribes guidelines on distribution of dividend by NBFCs

RBI prescribes guidelines on distribution of dividend by NBFCs RBI has prescribed guidelines on distribution of dividend by NBFCs to…

3 years ago
  • RBI

RBI issues Master Direction for Housing Finance Company

RBI issues Master Direction Non-Banking Financial Company – Housing Finance Company (Reserve Bank) Directions, 2021   RESERVE BANK OF INDIA…

3 years ago
  • RBI

Investment in NBFCs from FATF non-compliant jurisdictions

Investment in NBFCs from FATF non-compliant jurisdictions RBI/2020-2021/97DOR.CO.LIC.CC No.119/03.10.001/2020-21 February 12, 2021 ToNon-Banking Financial Companies (NBFCs)(including Housing Finance Companies) andAsset…

3 years ago
  • RBI

Average base rate charged by NBFC-MFIs to their borrowers from January 2021 to be 7.96%

Average base rate charged by NBFC-MFIs to their borrowers from January 2021 to be 7.96% Average base rate to be…

3 years ago
  • RBI

IWG report to RBI-Large NBFCs may be converted into banks, promoters stake can be increased in bank 

IWG submits report to RBI. Large NBFCs may be converted into banks, promoters’ stake can be increased in bank  Reserve…

3 years ago
  • RBI

RBI relaxes provisions for Housing Finance Institutions

RBI relaxes provisions for Housing Finance Institutions. Net owned fund of 20 crore rupees specified to commence business RESERVE BANK…

3 years ago