Asset Classification and Income Recognition following the expiry of Covid-19 regulatory package
April 7, 2021 All 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 BanksAll All-India Financial InstitutionsAll…
Reporting and Accounting of Central Government transactions of March 2021 –Change of date of closure
April 07, 2021 All Agency Banks Madam/Dear Sir, Reporting and Accounting of Central Government transactions of March 2021 –Change of date of closure Please refer Circular DGBA.GBD.No.S-140/42.01.029/2020-21 dated March 18,…
Gold Monetization Scheme (GMS), 2015
April 5, 2021 All Scheduled Commercial Banks(excluding Regional Rural Banks) Dear Sir/Madam Gold Monetization Scheme (GMS), 2015 In exercise of the powers conferred on the Reserve Bank of India under…
Powers granted by CBDT to Director of Income tax (centralized processing centre), Bengaluru and commissioner of Income tax(Exemption), Bangalore.
New Delhi, the 1st April, 2021 INCOME – TAX S.O. 1443(E).—In exercise of the powers conferred by clause (i) of sub-rule (1), sub-rule (5) and sub-rule (6) of rule 2C…
Amendment to rule 10DA and 10DB in principle rules of Income Tax Rules,1962
New Delhi, the 5th April, 2021 Income-tax G.S.R 250(E).—In exercise of the powers conferred by sub-section (1) and sub-section (4) of section 92D and sub-section (8) of section 286 read…
Agreement between Government of Republic of India and the Government of the Islamic Republic of Iran For the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on Income.
New Delhi, the 1st April, 2021 (Income-tax) S.O. 1442(E).—Whereas, an Agreement between the Government of the Republic of India and the Government of the Islamic Republic of Iran for the…
Insertion to Rule 6G, Income Tax Rules, 1962 relating to Revision of Tax Audit Report and substitution of clauses in Form 3CD.
New Delhi, the 1st April, 2021 (INCOME-TAX) G.S.R. 246(E).––In exercise of the powers conferred by section 44AB read with section 295 of the Incometax Act (43 of 1961), the Central…
THE INSOLVENCY AND BANKRUPTCY CODE (AMENDMENT) ORDINANCE, 2021
Promulgated by the President in the Seventy-second Yearof the Republic of India. An Ordinance further to amend the Insolvency andBankruptcy Code, 2016. WHEREAS COVID-19 pandemic has impacted businesses, financial markets…
Master Direction – Reserve Bank of India (Call, Notice and Term Money Markets) Directions, 2021
April 01, 2021 To,All Eligible Market ParticipantsMadam/Sir, Master Direction – Reserve Bank of India (Call, Notice and Term MoneyMarkets) Directions, 2021 Please refer to Paragraph 6 of the Statement on…
Master Circular – Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM)
April 01, 2021 The Chairman/ Managing Director & CEOPublic Sector Banks,Private Sector Banks (including Small Finance Banks) Madam/Dear Sir Please refer to the Master Circular FIDD.GSSD.CO.BC.No.06/09.01.01/2020-21 dated September 18, 2020…