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Archive: December, 2020

Posts in December, 2020

24×7 Availability of Real Time Gross Settlement (RTGS) System

December 4, 2020 2067 Views 0 comment Print

i. RTGS shall be available for customer and inter-bank transactions round the clock, except for the interval between ‘end-of-day’ and ‘start-of-day’ processes, whose timings would be duly broadcasted through the RTGS system.

CBDT releases Answer to 34 FAQs on Vivad se Vishwas

December 4, 2020 28731 Views 1 comment Print

Circular No. 21/2020 is being issued in continuation of circular dated 22nd April, 2020 (which covered Q. no, I – 55) under section 10 and 11 of the Vivad se Vishwas to provide answers to 34 more FAQs (Q. no. 56 – 89).

RBI keeps Repo rate unchanged- Read Monetary Policy & Statement

December 4, 2020 1356 Views 0 comment Print

This post contains three press release by RBI Dated Dec 04, 2020 with following subject lines- 1. Monetary Policy Statement, 2020-21 Resolution of the Monetary Policy Committee (MPC) December 2-4, 2020 2. Statement on Developmental and Regulatory Policies 3. Governor’s Statement, December 4, 2020 Reserve Bank of India Date : Dec 04, 2020 Monetary Policy Statement, […]

Footwear made from Leather and other materials (Quality Control) Amendment Order, 2020

December 4, 2020 1656 Views 0 comment Print

(1) This Order may be called the Footwear made from Leather and other materials (Quality Control) Amendment Order, 2020. (2) It shall come into force from the date of its publication in the Official Gazette.

Footwear made from all-Rubber and all Polymeric material and its components (Quality Control) Amendment Order, 2020

December 4, 2020 1260 Views 0 comment Print

(1) This Order may be called the Footwear made from all-Rubber and all Polymeric material and its components (Quality Control) Amendment Order, 2020. (2) It shall come into force from the date of its publication in the Official Gazette.

Personal Protective Equipment – Footwear (Quality Control) Amendment Order, 2020

December 4, 2020 909 Views 0 comment Print

(1) This Order may be called the Personal Protective Equipment – Footwear (Quality Control) Amendment Order, 2020. (2) It shall come into force from the date of its publication in the Official Gazette.

Draft Commercial Paper and Non-Convertible Debentures (Reserve Bank) Directions, 2020

December 4, 2020 2721 Views 0 comment Print

Reserve Bank of India hereby issues the Draft Commercial Paper and Non-Convertible Debentures (Reserve Bank) Directions, 2020 to all the persons/agencies dealing in Commercial Papers and Non-Convertible Debentures as defined in these Directions.

Draft Certificate of Deposit (Reserve Bank) Directions, 2020

December 4, 2020 1128 Views 0 comment Print

Reserve Bank of India (hereinafter called the Reserve Bank) hereby issues the Draft Certificate of Deposit (Reserve Bank) Directions, 2020 to all entities / agencies eligible to deal in Certificate of Deposit.

Verbatim wise meaning & credits which are not blocked u/s 17(5)(d) of IGST Act

December 4, 2020 15768 Views 2 comments Print

Input Tax Credit (ITC) is available on all type of purchases (goods or capital goods or services) if they are used for business (Sub-Section 1 of Section 16). But there are exceptions to this rule. In case of certain purchases ITC is not available even if they are used for business. Such types of purchases […]

Draft Call, Notice and Term Money Markets (Reserve Bank) Directions, 2020

December 4, 2020 1860 Views 0 comment Print

Reserve Bank of India hereby issues Draft Call, Notice and Term Money Markets (Reserve Bank) Directions, 2020 to all entities / agencies eligible to deal in call, notice and term money markets.

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