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Blatant violations of COVID norms | MHA advisory to States

July 14, 2021 528 Views 0 comment Print

However, blatant violations of COVID norms have been observed in several parts of the country, especially in public transport and at hill stations. Massive crowds are also thronging the market places, violating norms of social distancing.

Measures for expediting Customs Faceless Assessment & clearance processes

July 14, 2021 3075 Views 0 comment Print

CBIC has recently comprehensively reviewed the implementation of Faceless Assessment and deliberated on the further measures required for expediting the pace of assessment and Customs clearance of imported goods.

CBDT Chairman to Speak on 15th July, 2021 on Youtube & Facebook

July 13, 2021 1527 Views 0 comment Print

Inaugural Session of Samvaad with Chairman, CBDT– The Chairman Speak on 15th July, 2021 at 01:00 PM – Streaming on Official YouTube Channel and Facebook Page of the Department

IBBI bans RP for a period of one year

July 8, 2021 2979 Views 0 comment Print

In the matter of Mr. Anupam Tiwari, Insolvency Professional under Section 220 of the Insolvency and Bankruptcy Code, 2016 (Code) read with Regulation 11 of the Insolvency and Bankruptcy Board of India (Insolvency Professional) Regulations, 2016.

Notice by ROC Karnataka for removal of name of 120 LLPs

July 7, 2021 957 Views 0 comment Print

In the matter of 120 Limited Liability Partnerships (List Enclosed) Notice by Registrar for removal of name of a Limited Liability Partnership from the Register [Pursuant to Section 75 of the LLP Act, 2008 and sub-rule (1)(b) rend with Sub-Rule(2) of Rule 37 of LLP Rules, 2009] e-mail: roc.bangaIore@mca.gov.in Ph: 080-25537449 080-25633104 080-25633105(D) GOVERNMENT OF […]

Submission of Statement of Financial Transactions for Interest Income-Reg.

July 5, 2021 2925 Views 0 comment Print

In continuation to the SB Order No. 01/2017 dated 29.03.2017, the undersigned is directed to inform that Government of India, Ministry of Finance, (Dept. of Revenue, CBDT) vide Notification dated 12.03.2021 issued vide GSR 175(E), has inserted the following sub rule in Rule 114E of Income Tax Rules, 1962.

CBDT instruction on Processing of returns with refund claims

July 5, 2021 42051 Views 0 comment Print

Prescribed statutory time limit for processing of such validly filed returns with refund claims in non-scrutiny cases. As per the earlier order dated 10th July 2020, time frame was given till 31.10.2020 to process such returns with refund claims.

Stock Limits and Movement Restrictions on Specified Foodstuffs (Amendment) Order, 2021

July 2, 2021 1665 Views 0 comment Print

(1) This order may be called the Removal of Licensing Requirements, Stock Limits and Movement Restrictions on Specified Foodstuffs (Amendment) Order, 2021. (2) It shall come into force with immediate effect.

Retail & Wholesale Trades included as MSMEs

July 2, 2021 61272 Views 1 comment Print

Retail and wholesale trade were left out of the ambit of MSME. Under the revised guidelines, MSME has issued order to include retail and wholesale trade as MSME and extending to them the benefit of priority sector lending under RBI guidelines. The revised guidelines will benefit 2.5 Cr Retail and Wholesale Traders. Government announces inclusion […]

IRDAI rejects TPA renewal for not meeting Minimum Business Requirements

July 2, 2021 1137 Views 0 comment Print

it is concluded that the TPA did not fulfill the Minimum Business Requirements during 2019-20 in any of the parameters as specified under regulation 14 of TPA Regulations, 2016 read with the Minimum Business norms as stipulated under Annexure-11 of Circular Ref: IRDAI/TPA/REG/CIR/130/06/2020 dated 03rdJune 2020. It is also observed that on an average basis […]

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