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Notifications/Circulars

Online PSB Loans Limited allowed to perform Aadhaar authentication

June 11, 2021 1041 Views 0 comment Print

Online PSB Loans Limited is allowed to perform Aadhaar authentication, on voluntary basis, for verification, including Yes or No authentication and e-KYC, of beneficiaries on the National Portal for Credit Linked Government Schemes

RBI notifies HFCs to whom Risk Based Internal Audit is applicable

June 11, 2021 732 Views 0 comment Print

On a review, it has been decided that Risk Based Internal Audit (RBIA) shall be applicable to Housing Finance Companies (HFCs) also, as stipulated below: a. All deposit taking HFCs, irrespective of their size b. Non-deposit taking HFCs with asset size of ₹5,000 crore and above

CBDT Interim Action Plan for the F.Y. 2021-22

June 10, 2021 13146 Views 0 comment Print

INTERIM ACTION PLAN FOR FINANCIAL YEAR 2021-22 Apart from the time barring work being attended to by the respective Charges, the following Key Result Areas have been identified for achievement within the time lines as indicated below:

Guidelines for compulsory complete Income Tax Scrutiny during FY 2021-22

June 10, 2021 29034 Views 0 comment Print

Guidelines for compulsory selection of returns for Complete Scrutiny during the Financial Year 2021- 22 – conduct of assessment proceedings in such cases

Late fee waiver under Maharashtra Value Added Tax Rules, 2005

June 10, 2021 2064 Views 0 comment Print

FINANCE DEPARTMENT Hutatma Rajguru Chowk, Madam Cama Marg, Mantralaya, Mumbai 400 032, dated the 3rd June 2021. NOTIFICATION MAHARASHTRA VALUE ADDED TAX ACT, 2002. No. VAT-1521/C.R. 55/Taxation-1.—In exercise of the powers conferred by the proviso to sub-section (6) of section 20 of the Maharashtra Value Added Tax Act, 2002 (Mah. IX of 2005), the Government […]

Weekly newsletter from Chairman, CBIC dated 09/06/2021

June 10, 2021 675 Views 0 comment Print

CBIC has lost a number of its serving officers and staff during the Covid pandemic, more so in the recent second wave, leaving their families, colleagues and indeed the entire organization, disconsolate and in a state of shock. We will always remember their valuable contribution, to the department and to the trade and industry, done in a spirit of service to the nation even during these challenging times.

Usage of Automated Teller Machines / Cash Recycler Machines – Review of Interchange Fee and Customer Charges

June 10, 2021 1005 Views 0 comment Print

The Reserve Bank of India had constituted a Committee in June 2019 under the Chairmanship of the Chief Executive, Indian Banks’ Association to review the entire gamut of Automated Teller Machine (ATM) charges and fees with particular focus on interchange structure for ATM transactions.

Framework for enabling Ancillary services at IFSC

June 10, 2021 2082 Views 0 comment Print

The entity may be set up in the IFSC in the form of a company or a limited liability partnership or a registered partnership firm, their branch thereof or any other form as may be approved by the IFSCA;

SEBI (Delisting of Equity Shares) Regulations, 2021

June 10, 2021 20250 Views 0 comment Print

These regulations shall be called the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021. They shall come into force on the date of their publication in the Official Gazette.

SBI advisory & guidelines in respect of FCRA bank account

June 9, 2021 9453 Views 2 comments Print

SBI clarified to the entities that they need not visit Delhi and instead they can visit any branch of their choice near to them for opening of FCRA Accounts.

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