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Proposed framework for Gold Exchange in India and draft SEBI (Vault Managers) Regulations, 2021

May 17, 2021 2520 Views 0 comment Print

SEBI seeks public comments on the Consultation Paper on the proposed framework for Gold Exchange in India and draft SEBI (Vault Managers) Regulations, 2021

Business responsibility and sustainability reporting by listed entities

May 10, 2021 12105 Views 0 comment Print

Pursuant to the decision taken at SEBI Board meeting dated March 25, 2021 on introducing new sustainability related reporting requirements, SEBI has today issued a Circular containing the format of the Business Responsibility and Sustainability Report

Technical Group Report on Social Stock Exchange for comments

May 6, 2021 1941 Views 0 comment Print

SEBI seeks public comments on the Report Submitted by the Technical Group on Social Stock Exchange – The Technical Group has since finalized and submitted its report to SEBI. It has built upon the recommendations made earlier by the WG.

RBI Governor Statement in times of Pandemic

May 5, 2021 876 Views 0 comment Print

As the financial year 2020-21 – the year of the pandemic – was drawing to a close, the Indian economy was advantageously poised, relative to peers. India was at the foothills of a strong recovery, having regained positive growth, but more importantly, having flattened the infections curve.

RBI Relaxation in OD facility for States Governments/UTs

May 5, 2021 714 Views 0 comment Print

As announced by the Governor in his Statement dated May 5, 2021, RBI has eased the terms governing availment of the overdraft facility extended to State Governments/UTs, to enable them to better manage their fiscal situation in terms of their cash-flows and market borrowings.

GST: Chart of Waiver of interest & late fee for March & April, 2021

May 4, 2021 87411 Views 7 comments Print

Waiver of interest and late fee to normal taxpayers (filing return on monthly or quarterly basis) and composition taxpayers, for the tax periods of March and April, 2021 Government has granted waiver from payment of interest and/or late fee to normal (Monthly / Quarterly) & composition taxpayers for the tax periods of March and April, […]

Extended due date chart for various GST Compliances

May 4, 2021 161868 Views 6 comments Print

Extension in dates of various GST Compliances for GST Taxpayers Government has extended the dates of various compliances by Taxpayers under GST, through Central Tax Notification Nos. 10/2021, 11/2021, 12/20211, 13/2021, 14/2021, all dated 1st May, 2021. The details are summarized below: Filing of Form GSTR-1/IFF by Normal Taxpayers: Sl.No. Return Type(Form) To be filed […]

IGST Exemption on imports of COVID19 relief material donated from abroad

May 3, 2021 11475 Views 0 comment Print

Central Government Has Today Granted Exemption From IGST Vide Ad Hoc Exemption Order 4/2021-Customs on Imports Of  specified Covid-19 Relief Material received free of cost for free distribution for covid relief. On Such goods Custom Duty was Already Been Exempted vide Custom Duty Notification Nos. 27/2021, 28/2021 And 29/2021. The exemption order shall apply to […]

Committee on ARCss invites views & suggestions from stakeholders

April 28, 2021 426 Views 0 comment Print

As part of the Statement on Developmental and Regulatory Policies released along with the Monetary Policy Statement on April 7, 2021, the Reserve Bank of India had announced setting up of a Committee to undertake a comprehensive review of the working of Asset Reconstruction Companies (ARCs) in the financial sector ecosystem and recommend suitable measures for enabling such entities to meet the growing requirements of the financial sector.

RBI issues Guidelines for Appointment of Statutory Auditors

April 27, 2021 17676 Views 0 comment Print

Issue of Guidelines for Appointment of Statutory Central Auditors (SCAs)/Statutory Auditors (SAs) of Commercial Banks (excluding RRBs), UCBs Reserve Bank of Indiaand NBFCs (including Housing Finance Companies)

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