RBI decided to withdraw ₹2000 denomination banknotes from circulation. Banknotes in ₹2000 denomination will continue to be legal tender.
Advisory for Timely Filing of GST Returns 1. It has been observed that some taxpayers faced difficulty in filing GSTR-3B of March 23’ period on 20th April 2023’. On analysing the reasons, it was noted that large number of tax payers attempted to file GSTR-3B returns in the afternoon of the last day (20.05 lakhs […]
New facility to verify document Reference Number (RFN) mentioned on offline communications issued by State GST authorities 1. The GST portal (“System”) generates various documents, such as notices/ orders, etc which are communicated to the taxpayer. Most such documents have a system-generated unique identifier DIN (Document Identification Number)/ RFN (Reference Number). These documents, by virtue […]
GSTN is pleased to inform you that the functionality for bank account validation is now integrated with the GST System. This feature is introduced to ensure that the bank accounts provided by the Tax Payer is correct.
It is to inform you that it has been decided by the Government to impose a time limit on reporting old invoices on the e-invoice IRP portals for taxpayers with AATO greater than or equal to 100 crores.
Securities and Exchange Board of India PR No.8/2023 New Logo of SEBI unveiled on the occasion of SEBI Foundation Day Securities Market regulator, SEBI has a new logo from today. The new logo was unveiled at a function held at SEBI Head Office, Mumbai on the occasion of SEBI Foundation Day in the presence of […]
Supervisory reviews have indicated divergent practices amongst REs with regard to levy of penal interest/charges leading to customer grievances and disputes.
Reserve Bank of India Date : Apr 10, 2023 RBI simplifies the application process for registration of Core Investment Companies The Reserve Bank has undertaken a comprehensive review of the system of processing of applications for registration as Core Investment Companies (CICs) to make the registration process smoother and hassle free. Accordingly, the application form has […]
L&T Mutual Fund Trustee Limited had requested SEBI regarding surrendering the registration granted to L&T Mutual Fund by SEBI to operate as a mutual fund.
RBI decided unanimously to keep policy repo rate unchanged at 6.50 per cent in this meeting with readiness to act, should situation so warrant.