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Investment in Umbrella Organization by Primary (Urban) Co-op Banks

March 3, 2022 2544 Views 0 comment Print

RBI has accorded regulatory approval to National Federation of Urban Co-operative Banks and Credit Societies Ltd. (NAFCUB) in June 2019 for formation of Umbrella Organization (UO) for the UCB Sector. The approval inter-alia permits UCBs to subscribe to capital of the UO on voluntary basis.

Empanelment of Senior Standing and Junior Standing Counsels for Income Tax Dept

March 3, 2022 10353 Views 0 comment Print

Notice for applications for the post of Senior Standing Counsels and Junior Standing Counsels for Income Tax Department in Bombay High Court – Regarding. The Income Tax Department, Mumbai proposes to empanel eligible advocates for the post of Senior Standing Counsels and Junior Standing Counsels in terms of CBDT’s Instruction No 7 of 2016 dated […]

Advisory to all Indian Nationals/Students in Ukraine/Kharkiv

March 3, 2022 1650 Views 0 comment Print

All Indian Citizens in Ukraine are advised to not move to any of the border posts without prior coordination with Government of India officials at the border posts (helpline numbers established) and the Emergency numbers of Embassy of India, Kyiv. 

No interest on additional PPF account merged or closed

March 2, 2022 8448 Views 1 comment Print

In case any one of the PPF accounts or all the PPF accounts is/are proposed to be merged or amalgamated is / are opened on or after 12.12.2019, such account(s) shall be closed without any interest payment and no no proposal should be sent to the Postal Directorate for amalgamation of such PPF Accounts.

5-Point Checklist for Your Mutual Fund Portfolio

March 1, 2022 2289 Views 0 comment Print

New year calls for new beginnings and revisiting your existing plans. This holds true for your mutual fund investments as well. New year can be a great time for an investor to reevaluate and reflect their investment portfolio and make changes as required. In this article, we will look at a 5-point checklist that you can choose to follow to successfully reassess your portfolio.

MSME schemes extended to service sector as well

March 1, 2022 2469 Views 0 comment Print

MSME schemes which were earlier applicable to manufacturing industries, have been extended to support of the service sector as well’.

Clarification on Exclusion of employees of Regional Rural Banks from purview of EPF & MP Act, 1952

February 28, 2022 3816 Views 0 comment Print

Some RRB have paid EPS Contribution up to January 2020. The number of full year’s contribution period exceeds more than 24 years in respect of several employees who are in service prior to 1996.

Request for Extension of Due Dates for Filing of GSTR-9 & GSTR-9C

February 27, 2022 25812 Views 0 comment Print

AIMTPA made a Request for Extension of Due Dates for Filing of GST Annual Return, GSTR-9 and GSTR-9C – Self Certified Audit to Honorable Smt. Nirmala Sitharaman ji, Finance Minister, Finance Ministry of GOI. AIMTPA Ref:- AIMTPA/033/21-22| Date:- 26-Feb-2022 To, Honorable Smt. Nirmala Sitharaman ji Finance Minister Finance Ministry of GOI North Block, New Delhi- […]

SFIO arrests 3 from Jagat Agro Commodities Pvt. Ltd. including Auditor

February 27, 2022 3948 Views 0 comment Print

SFIO arrests Satish Kumar Pawa, Saurav Aggarwal, Suhas S. Paranjpe in connection with investigation into affairs of Jagat Agro Commodities Pvt. Ltd. Mr. Satish Kumar Pawa, promoter and shareholder, Mr. Saurav Aggarwal, son of promoter and Mr. Suhas S. Paranjpe, Statutory auditor, were arrested by the Serious Fraud Investigation Office (SFIO) in connection with investigation […]

ICSI: Automatic Switchover from Old Syllabus (2012) to New Syllabus (2017)

February 26, 2022 8299 Views 0 comment Print

All Executive & Professional Programme Students of old syllabus (2012) whose registrations are valid but have not cleared the Executive & Professional Programme examination have automatically been switched over to the New Syllabus 2017.

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