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Bill - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

AMENDMENTS TO THE RESERVE BANK OF INDIA ACT, 1934 - Insertion of ...

Bill

March 5, 2016

AMENDMENTS TO THE RESERVE BANK OF INDIA ACT, 1934 - Insertion of new Chapter III F - MONETARY POLICY - to insert a new Chapter IIIF in the Act consisting of sections 45Z to 45-O relating to monetary policy to meet the challenge of an increasingly complex economy and to maintain price stability.

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  1. Amendment of Preamble - AMENDMENTS TO THE RESERVE BANK OF INDIA ACT, 1934

  2. Amendment of section 58 - RESERVE BANK OF INDIA ACT, 1934 - consequential provisions

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  4. Section 197A of the income-tax Act, 1961 - No TDS if payment is made to a bank listed in the Second Schedule to the Reserve Bank of India Act, 1934 - Notification

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  6. Clauses 216 to 220 of the Bill seeks to amend certain provisions of the Reserve Bank of India Act, 1934. It is proposed to amend section 2 of the Act so as to insert...

  7. Interpretation of statute - whether Non Banking Financial Companies (NBFC) regulated by the Reserve Bank of India, in terms of the provisions of Chapter IIIB of the...

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  10. FEMA (Transfer or issue of security by a person resident outside India) (Second Amendment) Regulations, 2012 - Amendment in regulations 2 & 5 and insertion of regulation...

 

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