"02 November 2021" Archive

EPFO enhances ex-gratia Death Relief Fund to Rs. 8 Lakhs for Non-Covid death

Circular No. B-11/1/2020-HRM-VI/3362 02/11/2021

Enhancement of Ex gratia Death Relief Fund of Rs. Eight Lakhs in the event of death of an employee of the Central Board due to Non -Covid-19 (normal death) -Regarding. File No.B-11/1/2020–HRM-VI/3362 EPFO, HEAD OFFICE MINISTRY OF LABOUR & EMPLOYMENT, GOVERNMENT OF INDIA 14, BHIKAIJI CAMA PLACE. NEW DELHI 110066 www,epfindia.gov....

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Master Circular- Guarantees, Co-Acceptances & Letters of Credit – UCBs

Master Circular No. RBI/2021-22/119 DoR.STR.REC.65/09.27.000/2021-22 02/11/2021

In view of the risks involved in the business of issuance of guarantees, the Primary (Urban) Co-operative Banks (UCBs) should extend guarantees within restricted limits so that their financial position is not impaired. The banks should follow certain broad guidelines in respect of their guarantee business as indicated in the following par...

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ITAT condone the delay in appeal filing as delay was in e-filing & not on manual filing

Gemini Iron and Steel (P) Ltd. Vs ITO (ITAT Chennai)

CIT(A) has dismissed the appeal un-admitted, for the reason that assessee has filed appeal manually instead of electronically filing is mandatory under the rules. When these facts were confronted to Id. senior Department Representative, she could not controvert the above stated facts. Hence, I condone the delay and admit the appeal....

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DGFT Amends Appendix 2T & de-notifies Exhibition Cell of GJEPC

Public Notice No. 33/2015-2020 02/11/2021

Under Appendix 2T of FTP, 2015-2020, the address of the Council for Leather Exports (CLE) has been updated and the Exhibition Cell of Gem Jewellery Export Promotion Council (GJEPC) has been de-notified, with immediate effect. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) New Delhi, the 2...

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MEIS/SEIS/ ROSL/ROSCTL applications will get time barred after 31.12.2021

Trade Notice No. 22/2021-22-DGFT 02/11/2021

MEIS/SEIS/ ROSL/ROSCTL Claim- Exporters may kindly note that after 31.12.2021, the Online IT system will not be operational and no applications/claims under the mentioned schemes can thereafter be submitted. It has also been notified that the facility for filing applications, with a late cut provision, would also not be available and all ...

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Govt rescinds ‘Mineral (Mining by Government Company) Rules, 2015’

Notification No. G.S.R. 777(E) 02/11/2021

Govt notified rules for granting mining lease to Government companies vide Notification No. G.S.R. 927(E) dated 3rd December, 2015 which Govt has now rescinded vide Notification No. G.S.R. 777(E) Dated: 2nd November, 2021. MINISTRY OF MINES NOTIFICATION New Delhi, the 2nd November, 2021 G.S.R. 777(E).—In exercise of the powers conferred...

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Mineral (Auction) Third Amendment Rules, 2021

Notification No. G.S.R. 776(E) 02/11/2021

(1) These rules may be called the Mineral (Auction) Third Amendment Rules, 2021. (2) They shall come into force on the date of their publication in the Official Gazette....

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CBDT notifies pension fund | School Employees Retirement System of Ohio

Notification No. 130/2021-Income Tax [S.O. 4592(E)] 02/11/2021

CBDT notifies pension fund, namely, ‘School Employees Retirement System of Ohio’ under sub-clause (iv) of clause (c) of the Explanation 1 to clause (23FE) of section 10 of the Income-tax Act, 1961 in respect of eligible investment made by it in India on or after 2nd November, 2021 but on or before the 31st day […]...

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Legal Metrology (Packaged Commodities) Amendment Rules, 2021

G.S.R. 779(E) 02/11/2021

Department of Consumer Affairs issued Legal Metrology (Packaged Commodities) Amendment Rules, 2021  The Department of Consumer Affairs has issued the Legal Metrology (Packaged Commodities) Amendment Rules, 2021 which are as follows: 1. When one or more packages intended for retail sale are grouped together for being sold as a retail pack...

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Revised PCA Framework for Scheduled Commercial Banks wef 01.01.2022

Notification No. RBI/2021-22/118 DOS.CO.PPG.SEC.No.4/11.01.005/2021-22 02/11/2021

The existing PCA Framework for SCBs has since been reviewed and revised. The provisions of the revised PCA Framework will be effective from January 1, 2022....

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