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Notifications/Circulars

CBDT amends Form No. 3CF, 10A, 10AB, 10BD & 10BE

May 9, 2022 3873 Views 0 comment Print

CBDT vide Notification No. 51/2022-Income Tax Dated 9th May, 2022 amended FORM No. 3CF, Form 10A, FORM No. 10AB, FORM No. 10BD, FORM No. 10BE. MINISTRY OF FINANCE (Department of Revenue) [CENTRAL BOARD OF DIRECT TAXES] Notification No. 51/2022-Income Tax New Delhi, the 9th May, 2022 G.S.R. 343(E).—In exercise of the powers conferred by clauses (i), (ii), […]

Amendment in Export Policy of Guar Gum

May 9, 2022 3420 Views 0 comment Print

The Export of Guar Gum to European Union and UK will now be allowed subject to issuance of Official Certificate in place of Health Certificate with immediate effect.

RBI notification on treatment of unamortised expenditure on account of enhancement in family pension

May 9, 2022 756 Views 0 comment Print

RBI, hereby declares that the provisions of sub-section (1) of section 15 of the said Act shall not apply to a banking company for a period upto 31st March, 2026, in so far as it relates to the treatment of unamortised expenditure on account of enhancement in family pension as set out in the RBI.

IBBI suspends registration of IP for arrest by CBI for alleged undue advantage demand

May 9, 2022 441 Views 0 comment Print

Mr. Maity is handling 13 assignments, which are ongoing. It has been mentioned in the press release, that the CBI has arrested Mr. Maity regarding demand for undue advantage of Rs.20,00,000/-.

Telangana State One-Time Settlement Scheme 2022 – To settle disputed taxes

May 9, 2022 16794 Views 5 comments Print

Commissioner of Commercial Taxes, Telangana, Hyderabad, the Government have decided to introduce a One Time Settlement Scheme to settle disputed tax under the legacy Acts such as Andhra Pradesh General Sales Tax Act, 1957, the Telangana Value Added Tax Act, 2005, the Central Sales Tax Act, 1956 and the Telangana Entry of the Goods into Local Areas Act, 2001

Guidelines under clause (23FE) of section 10 of Income-tax Act

May 9, 2022 11541 Views 0 comment Print

Finance Act, 2020, inter-alia, inserted clause (23FE) in section 10 of the Income-tax Act, 1961 “) to provide for exemption to wholly owned subsidiaries of Abu Dhabi Investment Authority (ADIA), sovereign wealth funds (SWF) and pension funds (PF)

Central Waqf Council (Amendment) Rules, 2022

May 9, 2022 2049 Views 0 comment Print

Central Government hereby makes the following rules further to amend the Central Waqf Council Rules, 1998, namely Central Waqf Council (Amendment) Rules, 2022.

Notification for Enhancement in Family Pension of employees Treatment of additional liability

May 9, 2022 768 Views 0 comment Print

Reserve Bank of India, hereby declares that the provisions of sub-section (1) of section 15 of the said Act shall not apply to a banking company for a period upto 31st March, 2026, in so far as it relates to the treatment of unamortised expenditure on account of enhancement in family pension as set out in the Reserve Bank of India circular

CBDT inserts new Rule 2DCA Computation of minimum investment & exempt income for Section 10(23FE)

May 7, 2022 8946 Views 0 comment Print

CBDT inserts new Rule 2DCA Computation of minimum investment & exempt income for Section 10(23FE) vide Notification No. 50/2022-Income Tax Dated 6th May, 2022 and also – -Substituted Form No. 10BBB [See rule 2DB] – Intimation by Pension Fund of investment under clause (23FE) of section 10 of the Income-tax Act, 1961 -Substituted Form No 10BBC […]

SEBI constitutes advisory committee on Environmental, Social & Governance matters

May 7, 2022 2139 Views 0 comment Print

Securities and Exchange Board of India Press Releases No. 15/2022 SEBI constitutes advisory committee on Environmental, Social and Governance (ESG) matters 1. SEBI has constituted a committee for advising on ESG-related matters in the securities market. The members of the committee are: S. No. Name Designation 1. Chair of Committee – Mr. Navneet Munot CEO, HDFC […]

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