The rate of interest has since been reviewed and it has been decided that the rate of interest payable by banks to the depositors/claimants on the unclaimed interest bearing deposit amount transferred to the Fund shall be 3 per cent simple interest per annum with effect from the date of this circular.
Frequently Asked Question on Accounting for amounts to be incurred towards Corporate Social Responsibility (CSR) pursuant to the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021 This FAQ has been issued by the Accounting Standards Board of the Institute of Chartered Accountants of India. Question : On January 22, 2021, the Ministry of Corporate Affairs […]
In view of the surging COVID-19 pandemic, a further relaxation for import of relief goods has been made by issue of ad hoc exemption Order No. 04/2021-Customs dated 03.05.2021. This grants exemption from IGST on goods for COVID-19 relief imported free of cost for free distribution till 30th June, 2021.
Centre undertakes multiple initiatives to enhance Oxygen availability, distribution and storage infrastructure; Oxygen availability increased through higher production and imports, setting up of PSA Plants, and Procurement of Oxygen Concentrators;
Letter by Confederation of All India Traders to Hon’ble Prime Minister on Havoc of Coronavirus and Need of a National Lockdown. 09th May, 2021 Shri Narendra Modi Hon’ble Prime Minister Government of India New Delhi Respected Shri Modi Ji, Sub : Havoc of Coronavirus – Need of a National Lockdown At the outset, we compliment […]
Title Insurance products are currently offered by only a few General Insurers in the Indian market. The features of these products, namely the terms and conditions, scope of coverage etc vary from insurer to insurer.
SEBI seeks public comments on the Report Submitted by the Technical Group on Social Stock Exchange – The Technical Group has since finalized and submitted its report to SEBI. It has built upon the recommendations made earlier by the WG.
CBDT amends Notification No. 14/2015 dated 16.02.2015 vide which CBDT notified Godrej Agrovet Limited – Oil Palm Extension Project under section 35CCC of the Income-tax Act,1961 (43 of 1961) read with Rules 6AAD and 6AAE of the Income-tax Rules,1962. CBDT now amends the same vide Notification No. 47/2021 -Income Tax Dated: 6th May 2021. MINISTRY […]
SAMS Facilities Management Private Limited Vs National Faceless Assessment Centre & Anr (Delhi High Court) The petitioner claims that the impugned assessment order was passed without passing a draft assessment order and the variation made in the declared income was carried out without issuance of a show cause notice. In other words, the contention is […]
SEBI notifies Securities and Exchange Board of India (Alternative Investment Funds) (Second Amendment) Regulations, 2021 with effect from 5th May, 2021
