Reserve Bank announces opening of Second Cohort under the Regulatory Sandbox Post announcement of commencement of Test Phase under the First Cohort on Retail Payments vide Press Release dated November 17, 2020, the Reserve Bank now announces opening of Second Cohort under the Regulatory Sandbox (RS) with ‘Cross Border Payments,’ as its theme.
It has been instructed that at least 90% of Drawback should be credited within a time period of 3 days. Further, the refund may be deposited into the customer account in T+2 days.
1. General Information PAN Aadhaar Number/Aadhaar Enrolment ID 2. Salary/Pension Form 16 from Employer(s) 3. Income from House Property- Rent Receipt Housing Loan account statement for deduction of interest 4. Other Sources Bank statement/Passbook for interest on saving account & on fixed deposits 5. Claim of deduction under Chapter VI–A Your contribution to Provident Fund/NPS […]
Dear Friends, you know that insurance has become as essential as our basic requirements of food, shelter, cloths etc. In these days we are facing various types of risks in our home as well as in our offices, road while travelling etc., some are man made and some are nature driven. Insurance against known and […]
aragraph 2.60 of Handbook of Procedure, 2015-2020 is replaced to update the latest Customs Notification governing imports under Tariff Rate Quota Scheme.
Waiver from recording UIN on invoices Circular No. 144/14/2020-GST dated 15th December, 2020 is issued for Waiver from recording of UIN on the invoices for the months of April 2020 to March 2021. Following detailed questions pertains to above subject matter-: ♦ What is the relevance of Circular? The Circular is mandatory in nature to […]
From close scrutiny of Section 40(a)(i) of the Act, it is axiomatic that an amount payable towards interest, royalty, fee for technical services or other sums chargeable under this Act shall not be deducted while computing the income under the head profit and gain of business or profession on which tax is deductible at source; but such tax has not been deducted.
Facility for investors of PACL Ltd. to check status of/deficiency in claim applications and making good those deficiencies.
Personal hearing enables the authority concerned to watch the demeanour of the witnesses and clear up his doubts during the course of the arguments, and the party appearing to persuade the authority by reasoned argument to accept his point of view. If one person hears and another decides, then personal hearing becomes an empty formality. We therefore hold that the said procedure followed in this case also offends another basic principle of judicial procedure.
In the matter of Mr. Manoj Kumar Jain, Insolvency Professional (IP) under Regulation 11 of the Insolvency and Bankruptcy Board of India (Insolvency Professional) Regulations, 2016 In the present matter, Mr. Jain has given consent for the CIRP of CD on 22nd July, 2019 i.e. prior to the notification relating to AFA. He was appointed […]
