It has been decided by SEBI to reduce the timelines for refund of the moneys to the investors in the above mentioned events to four days.
Insurance (Amendment) Act, 2021 raises limit of foreign investment in Indian insurance companies from the existing 49 per cent to 74 per cent. No Government provided that these provisions will be effective from 1st day of April, 2021 . MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 31st March, 2021 S.O. 1426(E).—In […]
Income Tax Department Vs Parsvnath Developers Ltd. (Delhi House Court) The tax deducted as source cannot be equated with the payment of other liabilities like service tax or sales tax whose payment may be dependent upon the actual realization of money. TDS is deducted in advance by the assessed before making any payment for the […]
Mahanagar Telephone Nigam Limited Vs Commissioner, Central Excise & Service Tax, Large Taxpayer Unit (CESTAT Delhi) It is a fact that out of the total amount of CENVAT credit of Rs. 4,99,32,736/- that has been disallowed claiming it to be for purchase of towers falling under Chapter 73. However, an amount of Rs. 4,90,91,607/- consisted […]
(1) These regulations may be called the Sea Cargo Manifest and Transhipment (Amendment) Regulations, 2021. (2) They shall come into force on the date of their publication in the Official Gazette.
Government of India hereby notifies the issue of 6.25 per cent Postal Life Insurance Government of India Special Security, 2031, (hereinafter briefly described as Special Security) for an aggregate amount of Rs. 4,000 crore (nominal) on March 31, 2031.
Seeks to notify implementation of India-Mauritius Comprehensive Economic Cooperation and Partnership Agreement (CECPA) vide Notification No. 25/2021-Customs dated 31st March, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 31st March, 2021 Notification No. 25/2021-Customs G.S.R. 241(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 […]
Seeks to amend notification No. 52/2017-Customs, dated 30-06-2017 to make changes consequent to enactment of Finance Act, 2021 vide Notification No. 24/2021-Customs dated 31st March, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 31st March, 2021 Notification No. 24/2021–Customs G.S.R. 236(E).—In exercise of the powers conferred by sub-section (1) of section 25 of […]
CBDT notifies all ITR Forms 1 to 7 for AY 2021-22 vide Notification no. 21/2021 in G.S.R 242(E) dated 31/03/2021. To facilitate taxpayers & to minimize the compliance burden, no significant changes have been made in the ITR Forms this year as compared to last year’s Forms. The Central Board of Direct Taxes has notified […]
Seeks to further amend notification No. 2/2016-Customs (ADD) dated 28th Jan, 2016 to extend the levy of Anti-Dumping duty on Melamine originating in or exported from China PR, up to and inclusive of 30th September, 2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 19/2021-Customs (ADD) New Delhi, 31st March, 2021 G.S.R. […]
