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CBDT extends due date for Income Tax Returns for FY 2018-19

July 29, 2020 81360 Views 27 comments Print

In view of the constraints due to the Covid pandemic & to further ease compliances for taxpayers, CBDT extends the due date for filing of Income Tax Returns for FY 2018-19(AY 2019-20) from 31st July, 2020 to 30th September, 2020,vide Notification No. 56/2020-Income Tax dated 29th July, 2020. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL […]

PFRDA (National Pension System Trust) (Second Amendment) Regulations, 2020

July 29, 2020 624 Views 0 comment Print

No person who is appointed as a trustee of the Board of Trustees of the National Pension System Trust shall be eligible to be appointed as a trustee of any other pension trust, or as a director of any of the intermediaries registered with the Authority or its sponsor:

PFRDA (Central Recordkeeping Agency) (Second Amendment) Regulations, 2020

July 29, 2020 495 Views 0 comment Print

These regulations may be called the Pension Fund Regulatory and Development Authority (Central Recordkeeping Agency) (Second Amendment) Regulations, 2020. . These shall come into force on the date of their publication in the official gazette.

NCLT & NCLAT(Procedure for investigation of misbehaviour or incapacity of Chairperson, President and other Members) Rules, 2020

July 28, 2020 2460 Views 0 comment Print

These rules may be called the National Company Law Tribunal and National Company Law Appellate Tribunal (Procedure for investigation of misbehavior or incapacity of Chairperson, President and other Members) Rules, 2020.

Rule 12CB- Section 115UB(7) Statement & new Form No. 64C & 64D

July 28, 2020 35421 Views 1 comment Print

12CB. Statement under sub-section (7) of section 115UB.—(1) The statement of income paid or credited by an investment fund to its unit holder shall be furnished by the person responsible for crediting or making payment of the income on behalf of an investment fund and the investment fund to the-

DFGT amends Export Policy of 2/3 ply surgical masks & medical goggles

July 28, 2020 1203 Views 0 comment Print

DGFT vide Notification No. 21 dated 28.07.2020 has amended the export policy of 2/3 ply surgical masks & medical goggles to ‘restricted’ with Monthly quota and removed prohibition on export of face shields Notification No. 20 dated 21.07.2020 read with Notification No. 16 dated 29.06.2020 is amended to the extent that the export policy of […]

ESIC Rule 56A- Confinement Expenses limit proposed to increase to Rs. 7500

July 27, 2020 13827 Views 0 comment Print

In the Employees’ State Insurance (Central) Rules, 1950, in rule 56-A, for the words rupees five thousand, the words rupees seven thousand five hundred shall be substituted

Foreign Exchange Management (Non-debt Instruments) (Third Amendment) Rules, 2020

July 27, 2020 10719 Views 0 comment Print

a) Air Transport Services shall include Domestic Scheduled Passenger Airlines, Non-Scheduled Air Transport Services, helicopter and seaplane services. (b) Foreign airlines are allowed to participate in the equity of companies operating Cargo airlines, helicopter and seaplane services, as per the limits and entry routes mentioned above.

Draft FSSAI Regulations related to Shea/Borneo tallow/Illipe butter

July 27, 2020 1281 Views 0 comment Print

FOOD SAFETY AND STANDARDS AUTHORITY OF INDIA NOTIFICATION New Delhi, the 27th July, 2020 F. No. Stds/O& F/Notification (5)/FSSAI-2017- The following draft of certain regulations, further to amend the Food Safety and Standards (Food Products Standards and Food Additives) Regulations, 2011, which the Food Safety and Standards Authority of India proposes to make with previous […]

Party Wise Break Up of TCS- CBDT Amends Income Tax rules

July 24, 2020 9609 Views 0 comment Print

Credit for tax collected at source shall be given to the person from whose account tax is collected and paid to the Central Government account for the assessment year relevant to the previous year in which such tax collection is made

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