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Amalgamation of District Central Co-operative Banks (DCCBs) with the State Cooperative Bank (StCB) – Guidelines

May 24, 2021 All State and Central Cooperative Banks Dear Sir/ Madam, The Banking Regulation (Amendment) Act, 2020 (39 of 2020) has been notified for the State Co-operative Banks (StCBs)…

Relaxation in timeline for compliance with various payment system requirements.

May 21, 2021 The Chairman / Managing Director / Chief Executive OfficerAll Scheduled Commercial Banks, including Regional Rural Banks /Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks…

Clarification on offsetting the excess CSR spent for FY 2019-20

Dated: 20th May 2021 To,All concerned stakeholders. Madam/ Sir, Keeping in view the spread of COVID-19 in India, an appeal dated 30.03.2020 was made to MDs/CEOs of top 1000 companies…

Prepaid Payment Instruments (PPIs) –(i) Mandating Interoperability;(ii) Increasing the Limit to ₹2 lakh for Full-KYC PPIs; and (iii) Permitting Cash Withdrawal from Full-KYC PPIs of Non-Bank PPI Issuers

May 19, 2021 All Bank and Non-Bank Prepaid Payment Instrument Issuers,System Providers and System Participants Madam / Dear Sir, This has reference to paragraphs 10 and 11 of the Statement…

Extension of various Due dates under the Income Tax Act 1961

Circular No. 9 of 2021 – dt 20th May 2021 Due dates of following compliances have been extended by the Central Board of Direct Taxes (CBDT) to provide relief to…

Standard Operating Procedure (SOP) for implementation of the provision of extension of time limit to apply for revocation of cancellation of registration under section 30 of the CGST Act, 2017 and rule 23 of the CGST Rules, 2017

New Delhi, dated the 18th May, 2021 To,The Principal Chief Commissioners / Chief Commissioners / Principal Commissioners / Commissioners of Central Tax (All) Madam/Sir, As you are aware vide Finance…

Central Goods and Services Tax (Fourth Amendment) Rules, 2021.

New Delhi, the 18th May, 2021 G.S.R……(E). – In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the…

Sovereign Gold Bond Scheme (SGB) 2021-22- Series I/II/III/IV/V/VI

May 14, 2021 The Chairman & Managing DirectorAll Scheduled Commercial Banks,(Excluding RRBs)Designated Post OfficesStock Holding Corporation of India Ltd. (SHCIL)National Stock Exchange of India Ltd. & Bombay Stock Exchange Ltd.…

Sponsor Contribution to an AIF set up in Overseas Jurisdiction, including IFSCs

May 12, 2021 To All Category-I Authorised Dealer Banks Madam/ Sir Sponsor Contribution to an AIF set up in Overseas Jurisdiction, including IFSCs Attention of AD Category – I banks…

Banking Regulation Act, 1949 – Section 26A Depositor Education and Awareness Fund Scheme, 2014 – Interest rates payable on unclaimed interest bearing deposit

May 11, 2021 The Managing Director & CEO/Chief Executive OfficersAll Scheduled Commercial Banks (including RRBs)Local Area Banks (LABs)Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks/Small Finance Banks/Payments…