Declaration of dividends by banks
April 22, 2021 All Commercial Banks and Cooperative Banks, Madam / Sir, Declaration of dividends by banks Please refer to our circular DOR.BP.BC.No.29/21.02.067/2020-21 dated December 4, 2020, and other associated…
Format, Procedure and Guidelines for submission of Statement of Financial Transactions (SFT) for Interest income by Reporting Entities
New Delhi, 20 April, 2021 Format, Procedure and Guidelines for submission of Statement of Financial Transactions (SFT) for Interest income Section 285BA of the Income Tax Act, 1961 and Rule…
Format, Procedure and Guidelines for submission of Statement of Financial Transactions (SFT) for Dividend income by Reporting Entities
New Delhi, 20 April, 2021 Section 285BA of the Income Tax Act, 1961 and Rule 114E requiresspecified reporting persons to furnish statement of financial transaction (SFT). 2. For the purposes…
Clarification on spending of CSR funds for setting up makeshift hospitals and temporary COVID Care facilities
Date: 22nd April 2021 To, All Stakeholders. Subject: – Clarification on spending of CSR funds for setting up makeshift hospitals and temporary COVID Care facilities – reg. Ma’am/Sir(s), In continuation…
Govt. Notifies Norway Based Fund ‘NORFUND’ as Sovereign Wealth Fund for Sec.10(23FE) Exemption.
New Delhi, the 19th April 2021 (Income-Tax) S.O. 1661(E).—In exercise of the powers conferred by sub-clause (vi) of clause (b) of the Explanation 1 to clause (23FE) of section 10…
Formation of new district in the State of Tamil Nadu –Assignment of Lead Bank Responsibility
April 20, 2021 The Chairmen / Managing Directors & Chief Executive OfficersAll Lead Banks Madam/ Dear Sir, Formation of new district in the State of Tamil Nadu –Assignment of Lead…
Income tax (10th Amendment) Rules, 2021.
New Delhi, the 15th April, 2021 INCOME-TAX G.S.R. 274(E).—In exercise of the powers conferred by sub-clause (iii) of clause (c) of Explanation 1 to the clause (23FE) of section 10…
Interest Equalization Scheme on Pre and Post Shipment Rupee Export Credit-Extension
April 12, 2021 All Scheduled Commercial Banks (excluding RRBs)Small Finance Banks, Primary (Urban) Cooperative Banksand EXIM Bank Dear Sir / Madam, Interest Equalization Scheme on Pre and Post Shipment Rupee…
Under section 4 of the Insolvency and Bankrutpcy Code, 2016 for Chapter III-A
New Delhi, the 9th April, 2021 S.O. 1543(E).—In exercise of the powers conferred by the second proviso to section 4 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016),…
Implementation of Section 51A of UAPA, 1967 and Security Council Resolution: Updates to UNSC’s 1267/ 1989 ISIL (Da’esh) & Al-Qaida Sanctions List & Democratic People’s Republic of Korea (DPRK)Order, 2017
April 08, 2021 The Chairpersons/ CEOs of all the Regulated Entities Madam/Dear Sir, 1. Please refer to Section 51 of our Master Direction on Know Your Customer dated February 25,…