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MVAT: Criteria for withdrawal of Assessment based on probable revenue

April 1, 2021 4689 Views 0 comment Print

Maharashtra Value Added Tax Criteria for withdrawal (on the basis of probable revenue involved) of the Assessment Proceeding Scheme, 2021- Maharashtra Value Added Tax Criteria for Withdrawal (on the basis of probable revenue involved) of the Assessment Proceedings Scheme, 2021 FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated 1st April, […]

IRDAI Guidelines for Practical Training for Surveyors & Loss Assessors

April 1, 2021 4185 Views 0 comment Print

a) Institutional Practical training for Two Months with National Insurance Academy (NIA) or Insurance Institute of India (III). This should include but not limited to the following: (i) Introduction to different types of policies, endorsements, various terminologies used in insurance, and nature of claims;

CBDT authorizes DIT (CPC) & CIT (Exemption), Bengaluru under Rule 2C, 5CA, 11AA & 17A

April 1, 2021 5715 Views 0 comment Print

CBDT authorizes the Director of Income Tax(Centralized Processing Centre) and Commissioner of Income-Tax (Exemption), Bengaluru vide Notification No. 30/2021-Income Tax Dated 1st April, 2021 under Income Tax Rule 2C, 5CA, 11AA & 17A. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 30/2021-Income Tax, Dated 1st April, 2021 S.O. […]

CBDT notifies Provisions of DTAA between India & Iran

April 1, 2021 2973 Views 0 comment Print

CBDT notifies Agreement Between The Government Of The Republic Of India And The Government Of The Islamic Republic Of Iran For The Avoidance Of Double Taxation And The Prevention Of Fiscal Evasion With Respect To Taxes On Income. Notification No. 29/2021-Income-tax Dated 1st April, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. […]

New reporting requirements in Form 3CD & Revision

April 1, 2021 39423 Views 1 comment Print

CBDT has vide Notification No. 28/2021-Income Tax inserted new clauses in Form 3CD (Tax Audit Report) and also notified that Tax Audit Report under Rule 6G can be revised if there is payment by Assessee after furnishing of report which necessitates recalculation of disallowance under section 40 or section 43B. MINISTRY OF FINANCE (Department of […]

PFRDA (Pension Fund) (Fourth Amendment) Regulations, 2021

March 31, 2021 759 Views 0 comment Print

1. These regulations may be called the Pension Fund Regulatory and Development Authority (Pension Fund) (Fourth Amendment) Regulations, 2021. 2. These shall come into force on the date of their publication in the official gazette.

Govt notifies Amendments to Industrial Development Bank (Transfer of Undertaking and Repeal) Act, 2003

March 31, 2021 801 Views 0 comment Print

In exercise of the powers conferred by section 164 of the Finance Act, 2021 (13 of 2021), the Central Government hereby appoints the 1st day of April, 2021 as the date on which the provisions of Part XIII of Chapter VI of the said Act shall come into force.

Enhanced 74% FDI in Insurance provisions applicable from 01.04.2021

March 31, 2021 492 Views 0 comment Print

Insurance (Amendment) Act, 2021 raises limit of foreign investment in Indian insurance companies from the existing 49 per cent to 74 per cent. No Government provided that these provisions will be effective from 1st day of April, 2021 . MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 31st March, 2021 S.O. 1426(E).—In […]

Sunset review investigation initiated on imports of Cold Rolled/cold reduced flat steel products

March 31, 2021 522 Views 0 comment Print

Case No. AD (SSR)-06/2021Initiation of sunset review investigation concerning imports of ―Cold Rolled/cold reduced flat steel products of iron or Non-Alloy Steel, or other Alloy Steel, of all width and thickness, not clad, plated or coated‖ originating in or exported from China PR, Japan, Korea RP and Ukraine

Sunset review investigation initiated on imports of Hot-Rolled flat products of steel

March 31, 2021 459 Views 0 comment Print

Case No. AD (SSR)-05/2021 Initiation of sunset review investigation concerning imports of Hot-Rolled flat products of alloy or  non-alloy steel from China PR, Japan, Korea RP, Russia, Brazil and Indonesia

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