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Notifications/Circulars

Relaxation to assessee whose GSTIN canceled during 15.3.2020 to 14.3.2021

April 7, 2021 62145 Views 2 comments Print

If any application for revocation of cancellation of Registration is already rejected on the ground of exceeding 30 days without considering the period from 15-03-2020 to 14-03-2021, the said tax payers may be requested to file an application again and orders passed on merits.

Regulatory reporting by AIFs to SEBI

April 7, 2021 5760 Views 0 comment Print

Securities and Exchange Board of India CIRCULAR SEBI/HO/IMD/IMD-I/DOF6/CIR/2021/549 April 07, 2021 To, All Alternative Investment Funds (AIFs) Dear Sir/ Madam, Sub: Regulatory reporting by AIFs In terms of AIF Regulations and paragraph 3.2 of Circular No. CIR/IMD/DF/10/2013 dated July 29, 2013, AIFs are required to submit periodical reports to SEBI relating to their activity. To […]

Break the chain order – Relaxations in Maharashtra

April 7, 2021 5295 Views 0 comment Print

The Students or Candidates who have to attend various exams including the competitive exams are allowed to make necessary movement to attend the exams during the weekend lockdown and their examination Hall Tickets should be considered valid tor the same. They are allowed to be accompanied by one guardian/Parent.

Closure date for residual year end Central Government transactions changed: RBI

April 7, 2021 480 Views 0 comment Print

On account of holidays on April 10 and 11, 2021 (second Saturday and Sunday respectively), Government of India has now decided that the date of closure of residual transactions for the month of March 2021 be fixed as April 12, 2021. All agency banks may take note of the change of date of closure and ensure that arrangements are put in place to report all the March 2021 residual transactions by 1400 hours of April 12, 2021.

RBI Circular on Refund/adjustment of ‘interest on interest’ & Asset Classification

April 7, 2021 1701 Views 0 comment Print

All lending institutions1 shall immediately put in place a Board-approved policy to refund/adjust the ‘interest on interest’ charged to the borrowers during the moratorium period, i.e. March 1, 2020 to August 31, 2020 in conformity with the above judgement.

IRDAI (Regulatory Sandbox) (Amendment) Regulations, 2021

April 7, 2021 843 Views 0 comment Print

1.1 These Regulations may be called the Insurance Regulatory and Development Authority of India (Regulatory Sandbox) (Amendment) Regulations, 2021. 1.2 These Regulations shall come into force on the date of their publication in the Official Gazette.

IRDAI (Insurance Advertisements and Disclosure) Regulations, 2021

April 7, 2021 12222 Views 0 comment Print

These regulations may be called the Insurance Regulatory and Development Authority of India (Insurance Advertisements and Disclosure) Regulations, 2021.

DGFT notifies Changes in office address of Regional Authority, Ahmedabad

April 7, 2021 3885 Views 0 comment Print

Director General of Foreign Trade hereby makes the amendment in the List of Regional Authorities and New address of Regional Authority, Ahmedabad is notified.

GST: Release of modules: Issuance of SCN based on Order-in-Review & Call Book

April 6, 2021 5565 Views 0 comment Print

Advisory No.03/2021 dated 06.04.2021 issued by DGS, Bengaluru on functionalities ‘Issuance of show cause notice for erroneous refunds on the basis of Review Order(Order-in-Review)’ and ‘Call Book : Transfer of DRC-01/SCN in to and out of Call Book’ is released.   CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS OFFICE OF THE ADDITIONAL DIRECTOR GENERAL OF […]

Setting up of LPCC by AMCs of Mutual Funds

April 6, 2021 516 Views 0 comment Print

It was prescribed, inter alia, that the contribution from AMCs shall be in proportion to the Average AUM of open ended debt oriented mutual fund schemes (excluding overnight, gilt fund and gilt fund with 10-year constant duration but including conservative hybrid schemes) managed by them for the Financial Year (FY) 2019-20.

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