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Discussion Paper on Review of delisting framework pursuant to open offer

June 26, 2021 1776 Views 0 comment Print

The objective of Discussion Paper on Review of delisting framework pursuant to open offer is to seek comments / views from the public on the proposed new framework of delisting pursuant to open offer.

Circular extending Income Tax Compliance Due Dates amid Covid-19

June 25, 2021 39915 Views 6 comments Print

Extension of Income tax time limits of certain compliances to provide relief to taxpayers in view of the severe pandemic- Objections to Dispute Resolution Panel (DRP) and Assessing Officer under section 144C of the Act, for which the last date of filing under that Section is 1st June, 2021 or thereafter, may be filed within the time provided in that Section or by 31st August, 2021, whichever is later;

MSME UAM obtained till 30.06.2020 is valid till 31.12.2021: RBI

June 25, 2021 3891 Views 0 comment Print

The existing Entrepreneurs Memorandum (EM) Part II and Udyog Aadhaar Memorandum (UAMs) of the MSMEs obtained till June 30, 2020 shall remain valid till December 31, 2021. Reserve Bank of India RBI/2021-2022/63 FIDD.MSME & NFS.BC.No.12/06.02.31/2021-22 June 25, 2021 The Chairman/ Managing Director/Chief Executive Officer All Commercial Banks (including Small Finance Banks, Local Area Banks and […]

Mukesh Ambani’s speech at RIL AGM 2021

June 25, 2021 1428 Views 0 comment Print

We Care – The Mantra That Energises New Reliance CHAIRMAN’S STATEMENT 44th Annual General Meeting (Post-IPO) Thursday, June 24, 2021 Reliance Industries Limited Growth is Life My Dear Shareowners, A very warm welcome to each and every one of you. It gives me great pleasure to greet you all at the 44 Annual General Meeting […]

ITAT directs CIT(E) to pass speaking order after considering submission & following Principal of Natural Justice

June 25, 2021 975 Views 0 comment Print

Shree Digamber Jain Shiksha Samiti Vs CIT (E) (ITAT Agra) ITAT considered the rival contention of the parties and perused the material available on record, including the judgments cited at bar during the course of hearing by both the parties. As is evident from the paper book filed before us that the assessee has provided […]

Service Tax Refund | Date of reversal should be considered as date of payment | Cancellation of Flat Booking

June 25, 2021 2298 Views 0 comment Print

Ramesh Kumar Agarwal Vs Commissioner of Central Excise & Central GST (CESTAT Delhi) Coming to the plea of issue being barred by time, I hold that no doubt the service tax was deposited by the appellant on 4th October, 2016 and 24 October, 2016 and the refund claim has been filed on 7th May, 2018 […]

Action(s) to be initiated against listed companies for non-payment of outstanding Annual Listing Fees

June 25, 2021 10194 Views 0 comment Print

All listed entities are requested to take a note that as per the directions of Securities Exchange Board of India (SEBI) regarding Standard Operating Procedure (SOP) on actions for non-payment of Annual Listing Fees (ALF), following actions shall be taken if a listed entity fails to pay the outstanding ALF

RBI (Call, Notice and Term Money Markets) Directions, 2021

June 25, 2021 510 Views 0 comment Print

Reserve Bank of India (Call, Notice and Term Money Markets) Directions, 2021- On a review based on representations received, the prudential borrowing limits for transactions in Call, Notice and Term Money Markets have been revised.

IRDAI revokes certificate of Grand Insurance TPA (P) Limited

June 25, 2021 474 Views 0 comment Print

In the light of the violations of Regulation 19(9) of TPA Regulations, the Authority after careful consideration of the seriousness of violations observed and in exercise of the powers vested under Regulation 16(1) of IRDAI (TPA-Health Services) Regulations, 2016, hereby revokes the certificate of registration No. 029 granted to Grand TPA with immediate effect.

Appointment of Chief Risk Officer in Primary (Urban) Co-operative Banks

June 25, 2021 2724 Views 0 comment Print

The CRO shall be appointed for a fixed tenure with the approval of the Board. The CRO can be transferred / removed from the post before completion of the tenure only with the approval of the Board and such premature transfer / removal shall be reported to the concerned Regional Office3 of Department of Supervision, Reserve Bank of India.

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