CBDT Notifies ‘Ontario Inc’. As pension fund for Section 10 (23FE) Exemption.
New Delhi, the 3rd August, 2021 (INCOME-TAX) S.O. 3114(E).—In exercise of powers conferred by sub-clause (iv) of clause (c) of the Explanation 1 to clause (23FE) of section 10 of…
Maintenance of State Government Accounts – Recovery of Interest on Excess put through/ Double claim (State Government Transactions)
August 02, 2021 The Chairman and Managing Directors/ Managing Director/ CEO All Agency Banks Dear Sir / Madam Please refer to our circular RBI/2007/291 DGBA.GAD.No.H-14061/31.04.008/2006-07 dated March 21, 2007 vide…
Framework for Outsourcing of Payment and Settlement-related Activities by Payment System Operators
August 3, 2021 The Chairman / Managing Director / Chief Executive Officer All Non-Bank Payment System Operators Madam / Dear Sir, The Payment System Operators (PSOs), by virtue of services…
Rating of Deposits of HFCs – Approved Credit Rating Agencies and Minimum Investment Grade Credit Rating
July 29, 2021 All deposit taking Housing Finance Companies (HFCs) Madam/ Dear Sir, A reference is invited to Para 25.2 of Master Direction – Non-Banking Financial Company – Housing Finance…
Income-tax (21st Amendment) Rules, 2021.
New Delhi, the 29th July, 2021 G.S.R. 514(E).––In exercise of the powers conferred by section 295 of the Income-tax Act, 1961, (43 of 1961) the Central Board of Direct Taxes…
Companies (Incorporation) Fifth Amendment Rules, 2021.
New Delhi, the 22nd July, 2021 G.S.R. 503(E).—In exercise of the powers conferred by sub–sections (1) and (3) of section 16, and sub–sections (1) and (2) of section 469 of…
Commencement Notification dated 22-7-2021.
New Delhi, the 22nd July, 2021 S.O. 2904(E).—In exercise of the powers conferred by sub–section (2) of section 1 of the Companies (Amendment) Act, 2020 (29 of 2020), the Central…
Income-tax (20th Amendment) Rules, 2021.
New Delhi, the 27th July, 2021 G.S.R. 509(E).—In exercise of the powers conferred by section 139 and section 148 read with section 295 of the Income-tax Act, 1961 (43 of…
Access for Non-banks to Centralised Payment Systems
July 28, 2021 The Chairman / Managing Director / Chief Executive Officer Authorised Non-bank Payment System Providers Madam / Dear Sir, A reference is invited to Paragraph 9 of the…
Loans and Advances – Regulatory Restrictions
July 23, 2021 All Scheduled Commercial Banks (excluding RRBs) All Small Finance Banks All Local Area Banks Madam / Dear Sir, Please refer to paragraphs 2.2.1.2, 2.2.1.4 and paragraph 2.2.1.5…