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Notifications/Circulars

Weekly newsletter from Chairman, CBIC dated 06/12/2021

December 6, 2021 1071 Views 0 comment Print

Uptick in gross GST receipts has continued and GST collections for the month of November, 2021 stood at Rs. 1,31,526 crore. This is a welcome signal of a reviving economy. It is the second highest collection for a month since the introduction of GST and is 25% higher than the corresponding period for the last year.

Section 80C deduction eligible on LIC Jeevan Akshay-VII Plan

December 6, 2021 15486 Views 1 comment Print

CBDT notifies vide Notification No. 134/2021- Income Tax, Dated: 06.12.2021 that Jeevan Akshay-VII Plan of the Life Insurance Corporation of India qualifies for deduction under section 80C of Income Tax Act, 1961. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi, the 6th December, 2021 Notification No. 134/2021- INCOME–TAX S.O. 5056(E).—In […]

Guidelines for disposal of seized/confiscated gold

December 3, 2021 20073 Views 0 comment Print

Seized/confiscated gold (other than gold ornaments/jewellery/articles) shall be sold to RBI only. Any mention of gold in subsequent paragraphs shall refer to gold other than gold ornaments/jewellery/articles.

Investment banking in the IFSC

December 3, 2021 963 Views 0 comment Print

The investment bankers play an important role in facilitating issuance and listing of securities on the recognised stock exchanges in the IFSC and overall development of the ecosystem for primary market issuances in the IFSC. The IFSCA (Issuance and Listing of Securities) Regulations, 2021 have already been notified providing the necessary regulatory framework in this regard.

Delhi Special Police Establishment (Amendment) Act, 2021 introduced in Lok Sabha

December 3, 2021 1617 Views 0 comment Print

(1) This Act may be called the Delhi Special Police Establishment (Amendment) Act, 2021. (2) It shall be deemed to have come into force on the 14th day of November, 2021.

Central Vigilance Commission (Amendment) Act, 2021 introduced in Lok Sabha

December 3, 2021 1047 Views 0 comment Print

(1) This Act may be called the Central Vigilance Commission (Amendment) Act, 2021. (2) It shall be deemed to have come into force on the 14th day of November, 2021.

Application for initiation of CIRP against Reliance Capital Ltd. filed under IBC 2016

December 2, 2021 867 Views 0 comment Print

Application for initiation of Corporate Insolvency Resolution Process (CIRP) against Reliance Capital Ltd. filed under the Insolvency and Bankruptcy Code, 2016

Publishing Investor Charter & disclosure of Investor Complaints by Stock Brokers on their websites

December 2, 2021 1557 Views 0 comment Print

In order to facilitate investor awareness about various activities which an investor deals with such as opening of account, KYC and in person verification, complaint resolution, issuance of contract notes and various statements, process for dematerialization/rematerialization etc

Narcotic Drugs and Psychotropic Substances (Amendment) Bill, 2021- Introduced in Lok Sabha

December 2, 2021 3618 Views 0 comment Print

With a view to have correct interpretation and implementation of the NDPS Act, it was decided to rectify the anomaly in section 27A of the Act by substituting ‘clause (viiib)’ in place of ‘clause (viiia)’ in section 27A.

Maharashtra Govt notifies Public Holidays for the Year 2022

December 2, 2021 29703 Views 0 comment Print

Government of Maharashtra hereby declares Public Holidays in the State of Maharashtra during the calendar year 2022 GENERAL ADMINISTRATION DEPARTMENT Mantralaya, Madam Cama Road, Hutatma Rajguru Chowk Mumbai 400 032, dated the 2nd December 2021 PUBLIC HOLIDAYS––2022 NOTIFICATION No. PHD. 1121/C.R. 97/Desk-29.— In exercise of the powers entrusted to it by the Government of India, […]

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