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Monetary Policy Transparency & Anchoring of Inflation Expectations in India

January 25, 2021 351 Views 0 comment Print

RBI placed on its website a Working Paper titled Monetary Policy Transparency and Anchoring of Inflation Expectations in India under the Reserve Bank of India Working Paper Series.

Regional Economic Convergence in Manufacturing Sector: An Empirical Reflection

January 25, 2021 378 Views 0 comment Print

RBI placed on its website a Working Paper titled Regional Economic Convergence in the Manufacturing Sector: An Empirical Reflection under the Reserve Bank of India Working Paper Series

RBI releases Booklet on Payment Systems in India

January 25, 2021 1818 Views 0 comment Print

The Reserve Bank today released the Booklet on Payment Systems covering the journey of Payment and Settlement Systems in India during the second decade of the millennium, viz., from the beginning of 2010 till the end of 2020.

Unjust enrichment Principle not applies to pre-deposit under protest during appeal pendency

January 25, 2021 2283 Views 0 comment Print

The Daily Thanthi Vs Commissioner of Customs (Madras High Court) High Court held that amount deposited during the pendency of the appeals before the Hon’ble Supreme Court has to be construed as having paid ‘under protest’ and has to be refunded without insisting on such importer or manufacturer satisfying the requirement of “unjust enrichment” as […]

Presidential Awards Notification No. 07/2021 (N.T.) dated 25.01.2021

January 25, 2021 753 Views 0 comment Print

President is pleased to award Appreciation Certificates and Medals for —Exceptionally Meritorious Service at Risk to Life and Specially Distinguished Record of Service- to the officers and staff CBIC, Department of Revenue, on the occasion of the Republic Day, 2021

Comparison of Companies (CSR Policy) Amendment Rules, 2021 with CSR Rule 2014

January 23, 2021 16203 Views 0 comment Print

MCA has notified Companies (CSR Policy) Amendment Rules, 2021 Notification No. G.S.R. 40(E) dated 22/01/2021 and also notified Amendment to Section 135 of Companies Act, 2013 wef 22.01.2021. Articles compares changes to Companies (Corporate Social Responsibility Policy) Rules, 2014 with Companies (CSR Policy) Amendment Rules, 2021.

Extend timelines for annual filing of ROC e-forms: ICSI

January 23, 2021 31215 Views 0 comment Print

ICSI requested MCA to consider providing extension of the timelines for annual filing of e-forms AOC-4, AOC-4(XBRL), MGT-7 and DIR-3 KYC till 31St March, 2021. THE INSTITUTE OF Company Secretaries of India IN PURSUIT OF PROFESSIONAL EXCELLENCE Statutory body under an Act of Parliament (Under the jurisdiction of Ministry of Corporate Affairs) MCA: 2021 Shri […]

Validity of tax-Recovery just after passing of order of Appellate Authority

January 22, 2021 1335 Views 0 comment Print

H.M. Leisure Vs State of West Bengal (Calcutta  High Court) It is trite law that when an appeal provision has been provided under the statute, the Authorities are not allowed to recover the amount payable unless there are extenuating circumstances. In the present case the dispute is with regard to classification issue, and therefore, I […]

Withdrawal of circulars on Recovery of excess pension made to pensioners

January 21, 2021 549 Views 0 comment Print

It has been brought to the notice of RBI that the recovery of excess /wrong pension payments from the pensioners are being made in a manner that is not in keeping with the extant guidelines / Court orders.

CBIC notifies Rate of Exchange of Foreign Currencies wef 22.01.2021

January 21, 2021 1128 Views 0 comment Print

CBIC notifies Rate of Exchange of Foreign Currencies against India Rupees wef 22nd January, 2021, vide Notification No. 05/2021-Customs (N.T.), Dated: 21st January, 2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 05/2021–Customs (N.T.) New Delhi, dated the 21st January, 2021 1 Magha 1942 […]

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