Clarification relating to export of services-condition (v) of section 2(6) of the IGST Act 2017.
New Delhi, dated the 20th September, 2021 To The Pr. Chief Commissioners / Chief Commissioners / Principal Commissioners / Commissioners of Central Tax (All) The Principal Directors General / Directors…
Clarification on doubts related to scope of “Intermediary”
New Delhi, dated the 20th September, 2021 To, The Principal Chief Commissioners/ Chief Commissioners/ Principal Commissioners/ Commissioners of Central Tax (All) The Principal Directors General/ Directors General (All) Madam/Sir, Representations…
Recommendations of 45th GST Council Meeting
The GST Council’s 45th meeting was held today in Lucknow under the chairmanship of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. The GST Council has inter-alia made…
Master Direction – Reserve Bank of India (Market-makers in OTC Derivatives) Directions, 2021
September 16, 2021 To, All Eligible Market Participants Madam/Sir, Please refer to Paragraph 11 of the Statement on Developmental and Regulatory Policies announced as a part of the Bi-monthly Monetary…
Extension of timelines for (a) Issuance of Electronic Policies and (b) Dispensing with Physical Signatures on the proposal forms
Reference is drawn to the Circular No. IRDAI/Life/Cir/Misc/274/11/2020 dated 11th November 2020 and Circular No. IRDAI/Life/Cir/Misc/055/03/2021 dated 22nd March 2021 on Dispensing with physical signatures on proposal forms. Reference is…
Income-tax (29th Amendment) Rules, 2021.
G.S.R. 627(E).—In exercise of the powers conferred by second proviso to clause (i) sub-section (1) of section 142 read with section 295 of the Income-tax Act, 1961 (43 of 1961),…
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da’esh) & Al-Qaida Sanctions List: Deletion of one entry
September 13, 2021 The Chairpersons/ CEOs of all the Regulated Entities Madam/Dear Sir, Please refer to Section 51 of our Master Direction on Know Your Customer dated February 25, 2016…
Application for Aadhaar e-KYC Authentication Licence
September 13, 2021 The Chairpersons / CEOs of all Non-Banking Finance Companies (NBFCs), Payment System Providers and Payment System Participants Madam / Dear Sir, In terms of Section 11A of…
Managing cash flows efficiently
It is not about sourcing additional funds for the business, but optimally utilising the available funds Managing cash flow is an essential element for the success of business, and often…
Large Exposures Framework – Credit Risk Mitigation (CRM) for offsetting – non-centrally cleared derivative transactions of foreign bank branches in India with their Head Office
September 09, 2021 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir/Madam, Please refer to circular No.DBR.No.BP.BC.43/21.01.003/2018-19 dated June 03, 2019 on Large Exposures Framework (LEF). 2. It is…