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Delhi Govt notifies Rules for Registration of Births

July 9, 2021 1158 Views 0 comment Print

Delhi Government notifies Delhi Registration of Births and Deaths (Amendment) Rules, 2021 vide Notification No. F. 4(18)/VS/DES/2020/10020 Dated 9th July, 2021 and provided as follows:- 1. Where the birth of any child had been registered without a name, the parent or guardian of such child shall, within twelve months from the date of registration of […]

India enters Extradition with Republic of Malawi

July 9, 2021 369 Views 0 comment Print

WHEREAS, the Extradition Treaty Between the Government of the Republic of India and the Government of the Republic of Malawi was signed at Lilongwe on the 5th November, 2018 and the Instruments of Ratification of the said Treaty were exchanged at New Delhi on the 26th February 2021;

Section 10(46) exemption to Haryana Building and Other Construction Workers Welfare Board

July 9, 2021 1422 Views 0 comment Print

Vide Notification No. 78/2021-Income Tax | Dated: 9th July , 2021 CBDT notifies Tax Exemption to ‘Haryana Building and Other Construction Workers Welfare Board’ (PAN AAATH6995H), a Board constituted by the State Government of Haryana, in respect of the specified income under section 10(46) of Income Tax Act, 1961. MINISTRY OF FINANCE (Department of Revenue) […]

Chartered Accountants (Amendment) Regulations, 2021

July 8, 2021 13572 Views 0 comment Print

ICAI notifies Revised FORM 18; Allows Partnership with CA, CS, CMA etc. ICAI vide Notification No. 1-CA(7)/197/2021 dated 8th July, 2021 notifies revised format of FORM 18 which is a form to Intimate PARTICULARS OF OFFICES AND FIRMS and Changes in the same. Revised form 18 is applicable from 8th July 2021. Regulation by which […]

IRDAI (Indian Insurance Companies) (Amendment) Regulations, 2021

July 7, 2021 4122 Views 0 comment Print

IRDAI notifies Insurance Regulatory and Development Authority of India (Indian Insurance Companies) (Amendment) Regulations, 2021 vide Notification No. F. No. IRDAI/ Reg/6/178 /2021 Dated 7th July, 2021. INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA NOTIFICATION Hyderabad, the 7th July, 2021 Insurance Regulatory and Development Authority of India (Indian Insurance Companies) (Amendment) Regulations, 2021 F. No. […]

Rule 8AC Computation of short term capital gains & written down

July 7, 2021 7398 Views 0 comment Print

CBDT inserts new Income Tax Rule 8AC -Computation of short term capital gains and written down value under section 50 where depreciation on goodwill has been obtained vide Notification No. 77/2021-Income Tax | Dated: 7th July, 2021 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 77/2021-Income Tax | […]

IFSCA (Bullion Exchange) (Amendment) Regulations, 2021

July 5, 2021 672 Views 0 comment Print

1. These regulations may be called the International Financial Services Centres Authority (Bullion Exchange) (Amendment) Regulations, 2021. 2. They shall come into force on the date of their publication in the Official Gazette.

IFSCA (Banking) (Second Amendment) Regulations, 2021

July 5, 2021 1113 Views 0 comment Print

(1) These regulations may be called the International Financial Services Centres Authority (Banking) (Second Amendment) Regulations, 2021. (2) They shall come into force on the date of their publication in the Official Gazette.

IFSCA (Procedure for making Regulations) Regulations, 2021

July 5, 2021 390 Views 0 comment Print

(1) These regulations may be called the International Financial Services Centres Authority (Procedure for making Regulations) Regulations, 2021. (2) Save as otherwise provided, these regulations shall come into force on the date of their publication in the Official Gazette.

IRDAI penalises Broker for giving a wrong/misleading advice to clients

July 4, 2021 2163 Views 0 comment Print

The Broker who is operating since 2003 is well aware that the Business Interruption (BI) policy in India covers losses under this policy only if the claim under Material Damage section is admissible. The Brochure clearly advices Salasar’s clients, in the interim, to lodge the claim and also states that insurer prima facie may deny the claim which can be contested later.

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