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Updates For the Day: September 30, 2022

SEBI extends two-factor authentication for transactions in units of Mutual Funds.

In case of subscription and redemption of units, Two-Factor Authentication (for online transactions) and signature...

RBI hikes Repo Rate by another 50 basis points to 5.9%

Consequently, the standing deposit facility (SDF) rate stands adjusted to 5.65 per cent and the...

The Legal Metrology (Packaged Commodities) (Amendment) Rules, 2022

As per the Legal Metrology (Packaged Commodities) Amendment Rules, 2022, the unit sale price in...

SEBI issues circular for portfolio managers.

Portfolio Managers with assets under management of INR 1000 crores or more under discretionary and...

SEBI extends the timeline for implementation of Standardized industry classification by Credit Rating Agencies (CRAs).

Further, as the standardized industry classification will be reviewed and published by Stock Exchanges on...

SEBI permits participation of Foreign Portfolio Investors in Exchange Traded Commodity Derivatives in India

The participation of FPIs including individuals, family offices and corporates shall be subject to compliance...

Revised scheme for flexibility in generation and scheduling of thermal/hydro power stations through bundling with renewable energy and storage power

The requirement to annex with the power purchase agreement the standard terms and conditions for...

CBIC commences CGST amendments provided under Finance Act, 2022

CBIC commences CGST amendments provided under Finance Act, 2022 w.e.f 1st October, 2022....

Karnataka Protection of Interest of Depositors in Financial Establishments (Amendment) Act, 2022

When trying an offence under this Act, the Special Court may also try an offence,...

Draft Electrical Equipment Safety (Omnibus Technical Regulation) Order, 2022

Each machine and electrical equipment specified in the order shall conform to the labeling and...