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Notifications/Circulars

CBDT extends due date of TDS Payment, Return & Certificate in Odisha

May 24, 2019 5151 Views 3 comments Print

CBDT Extends the due date of depositing tax deducted at source (TDS), due date of filing of Quarterly Statement of TDS and due date for issue of TDS certificates in Form 16 and 16A in respect of deductors of the state of Odisha

Report of working group on FPI Regulations- seeking public comments

May 24, 2019 1257 Views 0 comment Print

SEBI seeks public comments on the ‘Report of the working group on the SEBI (Foreign Portfolio Investors) Regulations, 2014’ submitted by the working group under the Chairmanship of Shri Harun R. Khan, Deputy Governor (retd.), Reserve Bank of India.

Amendment in import policy of biofuels

May 24, 2019 1896 Views 0 comment Print

Policy condition providing for free import of bio-fuels by actual users is deleted. Import policy of bio-fuels is restricted for all purposes and its import will require import licence from DGFT.

Voluntary Retention Route for Foreign Portfolio Investors investment

May 24, 2019 1482 Views 0 comment Print

The Reserve Bank, in consultation with the Government of India and Securities and Exchange Board of India (SEBI), introduces a separate channel, called the ‘Voluntary Retention Route’ (VRR), to enable FPIs to invest in debt markets in India. Broadly, investments through the Route will be free of the macro-prudential

Draft RBI circular: Liquidity Risk Management Framework for NBFCs & CICs

May 24, 2019 2274 Views 0 comment Print

The Non-Banking Financial Companies (NBFCs) play an important role in the financial system of the country, particularly in delivering credit to the last mile, including the retail as well as MSME sectors.

Draft Comprehensive ITC (HS) Export Policy, 2019

May 24, 2019 3168 Views 0 comment Print

Based on inputs received from various Partner Government Agencies, it is proposed to bring out a comprehensive Export Policy for all ITC(HS) tariff codes ( including items which are ‘free’ for export and do not currently exist in the policy), covering conditions/ restrictions imposed by Partner Government Agencies on exports.

CBDT notifies Tamil Nadu Real Estate Regulatory Authority for exemption U/s. 10(46)

May 23, 2019 840 Views 0 comment Print

Notification No. 43/2019-Central Government notifies ‘Tamil Nadu Real Estate Regulatory Authority’, an Authority constituted by the State Government of Tamil Nadu in exercise of powers conferred under sub-section (1) of Section 20 of The Real Estate (Regulation and Development) Act, 2016 (16 of 2016) for the purposes of section 10(46) of Income Tax Act, 1961. […]

CBDT notifies All India Council for Technical Education for exemption U/s. 10(46)

May 23, 2019 1140 Views 0 comment Print

Notification No. 42/2019-  Central Government notifies ‘All India Council for Technical Education’, New Delhi, a Council established by the Central Government, in respect of the following specified income arising to that council under section 10(46) of Income Tax Act, 1961. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 42/2019 New […]

RBI approves increase in charges for service to non-chest branches

May 23, 2019 1074 Views 0 comment Print

It has been decided to allow the large modern Currency Chests to increase the service charges to be levied on cash deposited by non-chest bank branches from the existing rate of ₹ 5/- per packet of 100 pieces to a higher rate subject to a maximum of ₹ 8/- per packet.

Assessment of petroleum products under CTH 27101960 & 27101990

May 23, 2019 2316 Views 0 comment Print

Following practice shall be adopted for the assessment of the petroleum products falling under CTH 27101960 and 27101990 with immediate effect:

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