Extension of time limits of certain compliances to provide relief to taxpayers in view of the severe pandemic
New Delhi. Dated 25th June 2021 On consideration of genuine hardship being faced by the taxpayers in making various compliances under the Income-tax Act. 1961 (hereinafter referred to as “the…
New Definition of Micro, Small and Medium Enterprises
June 25, 2021 The Chairman/ Managing Director/Chief Executive OfficerAll Commercial Banks(including Small Finance Banks, Local Area Banks and Regional Rural Banks)All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative…
Appointment of Chief Risk Officer in Primary (Urban) Co-operative Banks
June 25, 2021 The Chief Executive OfficerAll Primary (Urban) Co-operative Banks Madam/ Dear Sir, With increasing size and scope of business, Primary (Urban) Co-operative Banks (UCBs) are gradually getting exposed…
Reserve Bank of India (Call, Notice and Term Money Markets) Directions, 2021
June 25, 2021 ToAll Eligible Market Participants Madam / Sir Please refer to the Master Direction – Reserve Bank of India (Call, Notice and Term Money Markets) Directions, 2021 dated…
Appointment of Managing Director (MD) / Whole-Time Director (WTD) in Primary (Urban) Co-operative Banks
June 25, 2021 The Chairman / Managing Director / Chief Executive OfficerAll Primary (Urban) Co-operative Banks Madam / Dear Sir, In terms of powers conferred under Sections 10, 10B, 10BB,…
Companies (Accounting Standards) Rules, 2021.
New Delhi the 23rd June, 2021 G.S.R………. (E).— In exercise of the powers conferred by section 133 read with section 469 of the Companies Act, 2013 (18 of 2013) and…
Declaration of dividends by NBFCs
June 24, 2021 All Non-Banking Financial Companies (NBFCs) Madam / Sir, In order to infuse greater transparency and uniformity in practice, it has been decided to prescribe guidelines on distribution…
Gold (Metal) Loans – Repayment
June 23, 2021 All Scheduled Commercial Banks(excluding Regional Rural Banks) Madam / Dear Sir, Please refer to instructions issued vide circulars DBOD.No.IBS.1519/23.67.001/98-99 dated December 31, 1998, DBOD.No.IBS.3161/23.67.001/98-99 dated June 25,…
Compliance Check Functionality for Section 206AB & 206CCA of Income-tax Act 1961
New Delhi, 22nd June, 2021 Section 206AB and 206CCA inserted in the Income-tax Act,1961 (effective from 1st July 2021), imposed higher TDSITCS rate on the “Specified Persons’ defined as under,…
Government invites applications to manufacture Medical Device under PLI scheme
The Department of Pharmaceuticals (DoP) has invited applications from eligible applicants to manufacture medical devices related to anaesthetics and catheters of cardio respiratory category and renal care under production linked…