RBI , Notification , 2020-21 , Amendment to Master Direction (MD) on KYC – Procedure for Implementation of Section 51A of the Unlawful Activities (Prevention) Act, 1967
March 23, 2021 Amendment to Master Direction (MD) on KYC – Procedure for Implementation of Section 51A of the Unlawful Activities (Prevention) Act, 1967 1. Please refer to Chapter IX…
RBI issued a notification on Large Exposures Framework – Deferment of applicability of limits on non-centrally cleared derivatives exposures dated 23.3.2021.
March 23, 2021 All Scheduled Commercial Banks(Excluding Small Finance Banks, Payments BanksLocal Area Banks and Regional Rural Banks) Dear Sir/Madam, Large Exposures Framework – Deferment of applicability of limits on…
CBDT issued a circular on Clarifications on provisions of the Direct Tax Vivad se Vishwas Act, 2020 dated 23.3.2021.
Dated: 23rd March, 2021 Sub.: Clarifications on provisions of the Direct Tax Vivad se Vishwas Act, 2020 – reg. 1. With the objective to inter alia reduce pending income tax…
Clarification & Changes in GST Refund
Clarifications issued on GST Refunds GST dated 12.03.2021 Refund for Deemed Exporters • Vide Circular No. 125/44/2019 –GST dated 18.11.2019, there was a restriction placed on deemed exporter to not…
Income-tax (5th Amendment) Rules,2021.
New Delhi, the 16th March, 2021 —In exercise of the powers conferred by section 195 read with section 295 of the Income- tax Act, 1961 (43 of 1961), the Central…
CBDT notification on Amendment of rule 114E of the Incometax rules, 1962.
New Delhi, the 12th March, 2021 G.S.R 175(E).—In exercise of the powers conferred by section 285BA read with section 295 of the Incometax Act, 1961 (43 of 1961), the Central…
MCA commencement notification on companies (Amendment)Act,2020.
New Delhi, the 18th March, 2021 S.O. 1255(E).—In exercise of the powers conferred by sub-section (2) of section 1 of the Companies (Amendment) Act, 2020 (29 of 2020), the Central…
MCA issued a notification on Schedule V of the Companies Act, 2013, in PART II (Remuneration payable by companies) amendment dated 18.3.2021.
New Delhi, 18 March, 2021 In exercise of the powers conferred by sub-sections (1) and (2) of section 467 of the Companies Act, 2013 (18 of 2013), the Central Government…
IBBI ,Circular , 2021 – Reporting of status of ongoing corporate insolvency resolution processes (CIRPs) through Form CIRP 7
18th March, 2021 ToAll Registered Insolvency ProfessionalsAll Recognised Insolvency Professional EntitiesAll Registered Insolvency Professional Agencies(By mail to registered email addresses and on website of the IBBI) Dear Madam / Sir,…
RBI issued a notification on Reporting and Accounting of Central Government transactions of March 2021
March 18, 2021 All Agency Banks Madam/Dear Sir, Reporting and Accounting of Central Government transactions of March 2021 Please refer to Circular DGBA.GBD.No.1744/42.01.029/2019-20 dated March 17, 2020 advising the procedure…