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Finance Act 2021

March 28, 2021 148062 Views 1 comment Print

The Finance Bill, 2021 was introduced in Lok Sabha on 01st February 2021 and passed by Lok Sabha on 23rd March 2021 with 127 new amendments in comparison to bill presented in Lok Sabha on 01st February 2021. Rajya Sabha returned the Finance Bill 2021 without any new amendment on 24th March 2021 which completes […]

Govt notifies Annual Quota of 4 Lakh MT of Urad for fiscal year 2021-22

March 26, 2021 765 Views 0 comment Print

Annual Quota of 4 Lakh MT of Urad for the fiscal year 2021-22 is notified and will be allowed to be imported by Millers/ Refiners/ Traders. The same will be distributed equally to a pre-determined number of applicants through an algorithm based lottery system.

Extension of Validity of documents related to Motor Vehicles

March 26, 2021 1053 Views 0 comment Print

Please refer to the order by Ministry of Home Affairs vide No.40-3/2020-DMI(A), dated 24th March 2020, and the guidelines issued subsequently, pursuant to a decision to impose a complete lock down in view of the threat imposed by the spread of COVID-19.

CBDT notifies New Income Tax Rules & Forms for Trust & NPOs

March 26, 2021 128826 Views 1 comment Print

CBDT issues Notification no. 19/2021 dated 26/03/2021 pertaining to procedure for registration of fund/ trust/charitable institutions etc. All institutions, funds etc covered under clause (i) and (iv) of first proviso to section 10(23C), fifth proviso to section 35(1), clause (i) and (iv) of first proviso to section 80G(5) and sub-clause (i) and (vi) of section […]

Draft Calcium Carbide (Amendment) Rules, 2021

March 26, 2021 804 Views 0 comment Print

1. (1) These rules may be called the Calcium Carbide (Amendment) Rules, 2021. (2) These shall come into force on the date of their final publication in the Official Gazette. 2. In the said rules, in Rule 31, sub-rule (1) the words maximum of three years shall be substituted with “maximum of ten years”.

IFSCA (Finance Company) Regulations, 2021

March 25, 2021 3366 Views 0 comment Print

(1) These regulations may be called the International Financial Services Centres Authority (IFSCA) (Finance Company) Regulations, 2021. (2) They shall come into force from the date of its notification in the Official Gazette.

IFSCA (Banking) (Amendment) Regulations, 2021

March 25, 2021 753 Views 0 comment Print

IFSCA notifies International Financial Services Centres Authority (Banking) (Amendment) Regulations, 2021 i.e. IFSCA (Banking) (Amendment) Regulations, 2021. INTERNATIONAL FINANCIAL SERVICES CENTRES AUTHORITY NOTIFICATION Gandhinagar, the 25th March, 2021 INTERNATIONAL FINANCIAL SERVICES CENTRES AUTHORITY (BANKING) (AMENDMENT) REGULATIONS, 2021 IFSCA/2020-21/GN/REG009.—In exercise of the powers conferred by sub-section (1) of section 28 read with sub-section (1) of section […]

FETERS – Cards: Monthly Reporting

March 25, 2021 3861 Views 0 comment Print

Reserve Bank of India RBI/2020-21/113 A.P. (DIR Series) Circular No.13 March 25, 2021 To All Category-I Authorised Dealer Banks Madam / Sir, FETERS – Cards: Monthly Reporting Attention of Authorised Dealers (Category I) is invited to A.P. (DIR Series) Circular No. 50 dated February 11, 2016 on compilation of R-Returns for reporting under the Foreign Exchange Transactions […]

Medical Termination of Pregnancy (Amendment) Act, 2021

March 25, 2021 1662 Views 0 comment Print

(1) This Act may be called the Medical Termination of Pregnancy (Amendment) Act, 2021. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.

Insurance (Amendment) Act, 2021- FDI limit increased to 74%

March 25, 2021 1617 Views 0 comment Print

(1) This Act may be called the Insurance (Amendment) Act, 2021. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.

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