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Notifications/Circulars

Issue & Regulation of share capital & securities – Primary (Urban) Coop Banks – Draft circular

July 14, 2021 2982 Views 0 comment Print

RBI has released today, the Draft Circular on ‘Issue and regulation of share capital and securities – Primary (Urban) Co-operative Banks’. Comments on the Draft Circular are invited from UCBs, sector participants and other interested parties by August 31, 2021.

RBI takes supervisory action on Mastercard Asia / Pacific Pte. Ltd.

July 14, 2021 651 Views 0 comment Print

RBI has today imposed restrictions on Mastercar md Asia / Pacific Pte. Ltd. (Mastercard) from on-boarding new domestic customers (debit, credit or prepaid) onto its card network from July 22, 2021.

IBBI (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2021

July 14, 2021 1005 Views 0 comment Print

These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2021.

Section 10(46) exemption to Himachal Pradesh Computerization of Police Society

July 14, 2021 1314 Views 0 comment Print

Vide Notification No. 81/2021-Income Tax | Dated: 14th July, 2021 CBDT notifies Tax Exemption to ‘Himachal Pradesh Computerization of Police Society’, (PAN AABAH0360G), a body established by the State Government of Himachal Pradesh, in respect of the specified income under section 10(46) of Income Tax Act, 1961. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD […]

Section 10(46) exemption to Haryana Labour Welfare Board

July 14, 2021 2532 Views 0 comment Print

Vide Notification No. 80/2021-Income Tax | Dated: 14th July, 2021 CBDT notifies Tax Exemption to ‘Haryana Labour Welfare Board’, a Board constituted by the State Government of Haryana, in respect of the specified income under section 10(46) of Income Tax Act, 1961. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi […]

Withdraw cases registered under Section 66A of I-T Act, 2000: MHA

July 14, 2021 1203 Views 0 comment Print

It has been brought to our notice through an application in Hon’ble Supreme Court that FIRs are still being lodged by some police authorities under the struck down provision of Section 66A of IT, Act, 2000. Hon’ble Supreme Court has taken a very serious view in the matter.

Blatant violations of COVID norms | MHA advisory to States

July 14, 2021 519 Views 0 comment Print

However, blatant violations of COVID norms have been observed in several parts of the country, especially in public transport and at hill stations. Massive crowds are also thronging the market places, violating norms of social distancing.

Measures for expediting Customs Faceless Assessment & clearance processes

July 14, 2021 2991 Views 0 comment Print

CBIC has recently comprehensively reviewed the implementation of Faceless Assessment and deliberated on the further measures required for expediting the pace of assessment and Customs clearance of imported goods.

Extension of time limit for filing claims under TMA Scheme

July 13, 2021 2316 Views 0 comment Print

The claims for assistance under the TMA Scheme for the quarters ending on 31.03.2020 and 30.06.2020 can be filed upto 30th September, 2021. Public Notice No. 14/2015-2020 | Dated The 13th July, 2021. Government of India Ministry of Commerce and Industry Department of Commerce Udyog Bhavan, New Delhi New Delhi Public Notice No. 14/2015-2020 | […]

CBDT Chairman to Speak on 15th July, 2021 on Youtube & Facebook

July 13, 2021 1521 Views 0 comment Print

Inaugural Session of Samvaad with Chairman, CBDT– The Chairman Speak on 15th July, 2021 at 01:00 PM – Streaming on Official YouTube Channel and Facebook Page of the Department

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