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Notifications/Circulars

Strict Compliance to Limitation while filing Appeals/Petitions before Courts/ Tribunal

February 5, 2021 1338 Views 0 comment Print

Field formations have been directed to strictly adhere to the aspect of limitation in filing appeals/ petitions before Courts/ Tribunal. CBEC Instruction vide F.No.1080/DLA/50/Tech/Monitoring/SLPs-Appeals/16 dated 01.06.2017 provides timelines for filing SLP and Civil Appeals.

SEBI Master Circular for Depositories updated till 31.10.2020

February 5, 2021 1050 Views 0 comment Print

This Master Circular is a compilation of the relevant circulars/communications pertaining to Depositories issued by SEBI up to October 31, 2020 and shall come into force from the date of its issue. References in the Master Circular to the Statutes/Regulations which now stand repealed, have been suitably updated.

Board Meeting Attendance Register not Authenticated by Chairman or CS: MCA Imposes Penalty

February 5, 2021 20904 Views 0 comment Print

Learn about the penalty imposed by MCA on a company for not authenticating board meeting attendance registers. Detailed analysis of the case and implications.

Extension of ad-hoc appointment to the grade of ACIT

February 5, 2021 2241 Views 0 comment Print

Office Order No. 30 of 2021 Post facto approval of the Competent Authority is hereby conveyed for extension of term of ad-hoc appointment of the following officers to the grade of Assistant Commissioner of Income Tax from 12.11.2020 to 11.11.2021 or until further orders:-

One Time Custom Duty & Inspection Requirement waiver In Case of De-Bonding Of IT/ Ites Units In Sezs

February 5, 2021 1167 Views 0 comment Print

One time waiver of Custom Duty as well as inspection requirement in case of de-bonding of IT/ ITeS units in SEZs and exemption on filing of BOE for goods sold by IT/ITeS SEZ unit which were initially procured on payment of duty and not used for authorised operations.

RBI Monetary Policy February, 2020-21

February 5, 2021 2448 Views 0 comment Print

Reserve Bank of India Date : Feb 05, 2021 Statement on Developmental and Regulatory Policies This Statement sets out various developmental and regulatory policy measures on (i) liquidity management and support to targeted sectors; (ii) regulation and supervision (iii) deepening financial markets; (iv) upgrading payment and settlement systems and (v) consumer protection. I. Liquidity Measures 1. […]

Imposition of Agriculture Infrastructure & Development Cess- Reg.

February 5, 2021 1269 Views 0 comment Print

Seeks to amend Notification No.96/2008- Customs, dated   the    13th  August,  2008, Notification No.57/2009- Customs, dated    the 30th  May, 2009, Notification No. 101/2007- Customs, dated the 11th September, 2007 and Notification No. 50/2018-Customs, dated the 30th June, 2018 consequential to imposition of Agriculture Infrastructure and Development Cess (AIDC). MINISTRY OF FINANCE (Department of Revenue) New Delhi, […]

Tariff Notification No. 15/2021-Customs (N.T.) dated 05.02.2021

February 5, 2021 1014 Views 0 comment Print

Tariff Notification No. 15/2021-Customs (N.T.) dated 5th February, 2021 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, the 5th February, 2021 Notification No. 15/2021-CUSTOMS (N.T.) S.O. 562(E).—In exercise of […]

Board Meeting Attendance Sheet not serially numbered: MCA imposes Penalty

February 5, 2021 10626 Views 0 comment Print

MCA imposes penalties due to unnumbered board meeting attendance sheets. Detailed analysis of the case and imposed penalties.

RBI decides to gradually restore the CRR in two phases

February 5, 2021 543 Views 0 comment Print

Banks are required to maintain the CRR at 3.50 per cent of their NDTL effective from the reporting fortnight beginning March 27, 2021 and 4.00 per cent of their NDTL effective from fortnight beginning May 22, 2021.

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