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PFRDA: Digital interface between CRA and POPs

May 31, 2021 753 Views 0 comment Print

In order to overcome the challenges of physical handling of Subscriber application forms and for addressing the concerns expressed by various stake holders in dispatch of those forms from geographically diverse locations to CRAs, PFRDA has already made available suitable digital enablers for seamless interaction of POPs and CRAs, for the convenience of Subscribers.

PFRDA: Relaxation in processing of exit application by PoPs

May 31, 2021 432 Views 0 comment Print

Covid induced hardships continue unabated and in order to alleviate the difficulties being faced by the Subscribers in submitting physical applications for exit/withdrawal and the logistical challenges faced by POPs in collecting those applications to process and dispatch the same to CRA, it has been decided to relax the process of handling withdrawal applications by POPs in in the interest of Subscribers.

Export of Red Sanders wood by DRI – Extension of time upto 31.12.2021

May 31, 2021 693 Views 0 comment Print

Notification No. 06/2015-2020 Directorate of Revenue Intelligence has been allowed time upto 31.12.2021 to complete the process of export of allocated quantities of Red Sanders wood.

Govt bars security officials from publishing info after retirement

May 31, 2021 1389 Views 1 comment Print

Central Government bars security officials from publishing info after retirement by notifying Central Civil Services (Pension) Amendment Rules, 2020. MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (Department of Personnel And Training) NOTIFICATION New Delhi, the 31st May, 2021 G.S.R. 360(E).—In exercise of the powers conferred by the proviso to article 309 and clause (5) of […]

Govt exempts IGST on imports of specified COVID-19 relief material

May 31, 2021 1593 Views 0 comment Print

Customs Notification 32 dtd 31.05.2021 exempts IGST on imports of specified COVID-19 relief material subject to specified conditions read with Notification No. 27/2021 & 28/2021 upto 31.08.2021 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 31st May, 2021 Notification No. 32/2021-Customs G.S.R. 355(E).—In exercise of the powers conferred by sub-section (1) of section […]

IGST exemption on imports of specified donated COVID-19 relief material

May 31, 2021 1197 Views 0 comment Print

Govt amends Ad hoc Exemption Order No. 4/2021-Customs dated the 3rd May, 2021, to extend the exemption from IGST on imports of specified COVID-19 relief material donated from abroad, up to 31st August, 2021.Amendments is made  in lines of 43rd GST council meeting recommendations vide Ad Hoc exemption order no. 05/2021 dtd 31.05.2021. MINISTRY OF […]

Govt exempts customs duty on import of Amphotericin B till 31.08.2021

May 31, 2021 1938 Views 0 comment Print

CBIC amend notification No. 28/2021-Customs to exempt customs duty on import of Amphotericin B (Black Fungus Medicine), and also to extend the exemptions under the said notification up to 31st August, 2021. Amendment is made in on lines of 43rd GST council meeting recommendations vide Notification No. 31/2021-Customs Dated: 31st May, 2021. MINISTRY OF FINANCE […]

Shri Jagannath Bidyadhar Mohapatra appointed as Chairman CBDT

May 31, 2021 6651 Views 0 comment Print

Upon completion of his tenure, here is the outgoing Chairman CBDT, Sh. PC Mody handing over the charge of Chairman, CBDT to Shri Jagannath Bidyadhar Mohapatra, Member, CBDT, who will hold the charge in addition to his regular duties. His service ends in April next year. J.B. Mohapatra, a 1985-batch Indian Revenue Service officer, was […]

RBI clarifies on banks warning to Crypto/Bitcoin-dealing clients

May 31, 2021 6987 Views 0 comment Print

RBI clarifies that its circular dated April 06, 2018 restricting dealing in Virtual Currencies (VC)  is no longer valid from the date of the Supreme Court judgement, and therefore cannot be cited or quoted from. Banks may, however, continue to carry out customer due diligence. Reserve Bank of India RBI/2021-22/45 DOR. AML.REC 18 /14.01.001/2021-22 May […]

Weekly newsletter from Chairman, CBIC dated 31/05/2021

May 31, 2021 747 Views 0 comment Print

Amnesty measures under the GST Acts have been proposed as a measure of trade facilitation, by extending due dates of return filing and rationalising the late fee imposable. Simplifications in the filing of Annual Returns have also been approved.

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