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Updates For the Day: December 3, 2022

Ministry of Commerce and Industry revises SIPP Scheme

The revised scheme has increased the facilitation fees by at least 100%. This revised scheme...
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NSE Issues Advisory and Member Guide on Market Data Broadcasts

NSE recommends that its members build resilience and redundancy in their subscription to market data...
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CCIL issues consultation paper: ‘ Transitioning Outstanding MIFOR Swaps Post Index Cessation – Proposed Cash Computation Methodology and Operational Aspects of Transition’

The consultation paper details CCIL's proposed conversion process, feedback to CCIL's consultation paper, proposed cash...
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NPCI Clarifies on the Implementation of Its Guidelines on volume cap for TPAPs in UPI

The present Circular extends the timeline for compliance by existing TPAPs who exceed the volume...
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DoT Issues Clarifications on Removal of Export Requirements and Extension in Timelines for IMEIs of Locally Manufactured Phones

The Department of Telecommunication (DoT) has examined the requests of various industry associations and has...
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NSE directions regarding Submission of VAPT report

The detailed VAPT report along with summary of report needs to be uploaded as single...
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RBI clarification regarding Redemption Price for premature redemption under Sovereign Gold Bond (SGB) Scheme

Premature redemption of Gold Bond may be permitted after fifth year from the date of...
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Central Motor Vehicles (Twenty-second Amendment) Rules, 2022

The amendment provides that every armored vehicle shall comply with the standards in these rules,...
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Guidelines on settlement of Life Insurance Claims to the victims of Flood in Maharashtra

The Progress report on the claims settled shall be submitted to and hemant.mourya@irdai.gov.in and life@irda.gov.in...
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