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Notifications/Circulars

Deduction/Non-deduction of TDS in SCSS accounts in post offices

November 22, 2021 9102 Views 0 comment Print

i. Whenever the SCSS account holder submits form 15G/15H, the concerned post office shall ensure that the details in customers CIF and SCSS account as prescribed in the table below. ii. All CBS post offices shall ensure that all form 15G/15H already received are updated in Finacle, as TDS deduction is based on the information available in CIF and Account level.

Registration with G&JEPC mandatory for Import or export of rough diamonds

November 22, 2021 3528 Views 1 comment Print

Import of rough diamonds shall not be permitted unless the concerned importer is registered with Gems & Jewellery EPC, which is the designated importing and exporting authority of India for Kimberley Process Certification Scheme (KPCS).

Food Safety and Standards (Alcoholic Beverages) Amendment Regulations, 2021

November 22, 2021 945 Views 0 comment Print

These regulations may be called the Food Safety and Standards (Alcoholic Beverages) Amendment Regulations, 2021. They shall come into force on the date of their publication in the Official Gazette. FOOD SAFETY AND STANDARDS AUTHORITY OF INDIA NOTIFICATION New Delhi, the 22nd November, 2021 F. No. Std/SP-21/T(Alcohol-3).—The following draft of certain regulations further to amend […]

3.35% Interest on deposits under Senior Citizens Welfare Fund wef 01.04.2021

November 22, 2021 1014 Views 0 comment Print

Ministry of Finance notifies interest rate at 3.35% with effect from 1st April, 2021 on deposits made under the Senior Citizens Welfare Fund. MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 22nd November, 2021 F.No. 13/20/2014-NS.—It is hereby notified that the deposits made under the Senior Citizens Welfare Fund, announced in the […]

RBI includes Baroda UP Bank in Second Schedule to RBI Act, 1934

November 22, 2021 4032 Views 0 comment Print

We advise that the name of Baroda UP Bank has been included to and names of three erstwhile Regional Rural Banks (RRBs) have been excluded from the Second Schedule to the Reserve Bank of India Act, 1934,

Mr. Sandip Garg takes charge as Executive Director, IBBI

November 22, 2021 879 Views 0 comment Print

Mr. Sandip Garg took charge as Executive Director, Insolvency and Bankruptcy Board of India (IBBI) in New Delhi today. Immediately before joining IBBI, he was serving as Commissioner (Exemptions), Income Tax, Pune.

Delhi Government Order on Closure of Schools till Further Orders

November 21, 2021 2457 Views 0 comment Print

The Department of Environment, GNCTD vide order F. NO. 10 (13)/EN V/2020/Pt-2/5214- 5243 dated: 17th November, 2021 (Copy enclosed) has directed to close all the Schools with immediate effect till further orders of the Commission For Air Quality Management in National Capital Region and Adjoining Areas.

Automatic re-activation of IEC without manual intervention

November 19, 2021 7317 Views 0 comment Print

IEC de-activated, would have the opportunity for automatic re-activation without any manual intervention or any visits to the DGFT RA.

RBI releases Report of Working Group on digital lending

November 18, 2021 657 Views 0 comment Print

The thrust of the report has been on enhancing customer protection and making the digital lending ecosystem safe and sound while encouraging innovation.

Experience as a proprietor or non-executive director cannot be considered as a substitute of desired experience in management for IP Registration

November 18, 2021 777 Views 0 comment Print

Experience as a proprietor or non-executive director cannot be considered as a substitute of desired experience in management for IP Registration It is observed that the applicant is providing consultancy and valuation services and is not in full time employment with any It is also observed that Elite Construction was registered with PF authorities on […]

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