NOTIFICATION, RBI , 2020-21 , Operationalisation of Payments Infrastructure Development Fund (PIDF) Scheme
January 05, 2021 The Chairman / Managing Director / Chief Executive OfficerCard Issuing and Acquiring Banks and Non-banks / Authorised Card Networks Madam / Dear Sir, Operationalisation of Payments Infrastructure…
NOTIFICATION, RBI , 2020-21 , Introduction of Legal Entity Identifier for Large Value Transactions in Centralised Payment Systems
January 05, 2021 The Chairman / Managing Director / Chief Executive Officerof member banks participating in RTGS / NEFT Madam / Dear Sir, Introduction of Legal Entity Identifier for Large…
(CENTRAL BOARD OF DIRECT TAXES) Notification No. 3/2021.
New Delhi, the 12th January, 2021 S.O. 118(E).—In exercise of the powers conferred by sub-section (2B) of section 274 of the Income-tax Act, 1961 (43 of 1961), for the purposes…
(CENTRAL BOARD OF DIRECT TAXES) Notification No. 2/2021.
S.O. 117(E).—In exercise of the powers conferred by sub-section (2A) of section 274 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following Scheme, namely:__…
CENTRAL BOARD OF DIRECT TAXES Notification No. 1/2021.
New Delhi, the 6th January, 2021 S.O. 58(E).—In exercise of the powers conferred by sub-section (1) of section 280A of the Income-tax Act, 1961 (43 of 1961), the Central Government,…
Extension of due date of furnishing of Income Tax Returns and Audit Reports for FY 2019-20
Posted On: 24 OCT 2020 2:27PM by PIB Delhi In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances due to the outbreak of COVID-19,…
Stricter Guidelines for Opening of Current Accounts by Banks – Step towards curtailing Diversion of Funds
Issuing Authority: Reserve Bank of India. Notification Number: RBI/2020-21/20. Applicable to: Banking sector. Date of issue: 6th August 2020. Summary: The digital revolution occurring in financial services – with more…
Note on amendment to Micro Small and Medium Enterprises Development Act, 2006 MSME UDYAM REGISTRATION
Ministry of Micro, Small and Medium Enterprises vide notification No. S. O. 2119(E) dated 26th June 2020 has brought in certain changes in the classification of enterprises as MSME and…
Transparent Taxation – Honouring the Honest – [T2-H2]
All about Transparent Taxation – Honouring the Honest – [T2-H2] [Notification No.60/2020/F.No.370149/154/2019-TPL and Notification No.61/2020/F.No.370149/154/2019-TPL dated 13th Aug 2020] [Order F.No.187/3/2020-ITA-1 dated 13th Aug 2020] A. Background The announcement by…
RBI – Loans against Gold Ornaments and Jewellery for Non-Agricultural End-uses:
Notification Number: RBI/2020-21/19. Applicable to: Banking, MSME and Household sector. Date of issue: 06-08-2020. Applicable period: Up-to 31st March 2021. Summary: Subject-Relaxation in lending of loans against Gold Ornaments and Jewellery for Non-Agricultural End-uses. Due to the…