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Foreign Exchange Management (Debt Instruments) (First Amendment) Regulations, 2021

October 13, 2021 9123 Views 0 comment Print

(i) These Regulations shall be called the Foreign Exchange Management (Debt Instruments) (First Amendment) Regulations, 2021. (ii) They shall come into force with effect from the date of their publication in the Official Gazette.

Govt reduces AIDC on crude soya, sunflower & palm oils till 31.03.2022

October 13, 2021 1479 Views 0 comment Print

Seeks to reduce AIDC on crude soya, sunflower and palm oils till 31.03.2022 vide Notification No. 49/2021-Customs Dated 13th October,2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 49/2021-Customs New Delhi, the 13th October, 2021 G.S.R. 734 (E). – In exercise of the powers conferred by sub-section (1) of section 25 of the […]

Govt reduces BCD on crude & refined soya, sunflower & palm oils till 31.03.2022

October 13, 2021 2637 Views 0 comment Print

Seeks to reduce BCD on crude and refined soya, sunflower and palm oils till 31.03.2022 vide Notification No. 48/2021-Customs Dated 13th October,2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 48/2021-Customs New Delhi, the 13th October,2021 G.S.R. 733(E). – In exercise of the powers conferred by sub-section (1) of section 25 of […]

Section 10(46) exemption to ‘Punjab State Electricity Regulatory Commission

October 13, 2021 1338 Views 0 comment Print

Vide Notification No. 121/2021-Income Tax | Dated: 13th October, 2021 CBDT notifies Tax Exemption under section 10(46) to ‘Punjab State Electricity Regulatory Commission’, Chandigarh in respect of the specified income for Financial Years 2021-2022, 2022-2023, 2023-2024, 2024-2025 and 2025-2026. MINISTRY OF FINANCE (Department of Revenue) CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 121/2021-Income […]

Relaxation of Validation (section 119 of Finance Act, 2012) Rules, 2021

October 13, 2021 1524 Views 0 comment Print

Form and manner of furnishing undertaking under first proviso to section 119.- The form and manner of furnishing undertaking under Explanation to fifth and sixth proviso to Explanation 5 to clause (i) of sub-section (1) of section 9 of the Income-tax Act, 1961 (43 of 1961), as prescribed under sub-rule (1) and sub-rule (3) of rule 11UE and rule 11UF of the Income-tax Rules, 1962, shall mutatis mutandis apply to clauses (i), (ii) and (iii) of the first proviso to section 119 of the Finance Act, 2012 (23 of 2012).

Foreign Exchange Management (Non-debt Instruments) (Fourth Amendment) Rules, 2021

October 12, 2021 6558 Views 0 comment Print

1. (1) These rules may be called the Foreign Exchange Management (Non-debt Instruments) (Fourth Amendment) Rules, 2021. (2) They shall come into force on the date of their publication in the Official Gazette.

CBDT exempts certain class of persons from furnishing return of income

October 11, 2021 7449 Views 0 comment Print

Central Government, hereby exempts the following class of persons mentioned in column (2) of the Table below, subject to the conditions specified in column (3) of the said Table , from the requirement of furnishing a return of income under sub-section (1) of section 139 of the said Act from assessment year 2021-2022 onward

Registration of Assignment of Receivables (Amendment) Rules, 2021

October 11, 2021 1341 Views 0 comment Print

(1) These rules may be called the Registration of Assignment of Receivables (Amendment) Rules, 2021. (2) They shall come into force on the date of their publication in the Official Gazette.

DGFT notifies port of Ranaghat Railway Station (INRNG2) for import

October 8, 2021 1824 Views 0 comment Print

The port of Ranaghat Railway Station (INRNG2) has been additionally included for allowing imports under Notification No. 20/2015-20 dated 24.08.2021.

Inclusion of ‘Paytm Payments Bank Limited’ in Second Schedule of RBI Act

October 7, 2021 1017 Views 0 comment Print

Paytm Payments Bank Limited has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide notification DoR.LIC.No.S926/16.03.006/2021-22 dated September 06, 2021 and published in the Gazette of India (Part III – Section 4) dated October 02-October 08, 2021.

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