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CBIC releases updated rate of Exchange of Conversion of Foreign Currencies w.e.f 19th March 2021
18 March 2021 at 17:38CBIC determines that the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule I and Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 19th March, 2021.
ICAI releases the Sustainability Reporting Maturity Model - Version 1.0
18 March 2021 at 16:09ICAI Leads in Sustainability Reporting Benchmarking – Releases Sustainability Reporting Maturity Model (SRMM) Version 1.0.
SEBI (Research Analysts) (Amendment) Regulations, 2021
18 March 2021 at 05:25SEBI makes regulations to further amend the Securities and Exchange Board of India (Research Analysts) Regulations, 2014 and have released the Securities and Exchange Board of India (Research Analysts) (Amendment) Regulations, 2021.
SEBI (Investment Advisers) (Second Amendment) Regulations, 2021
18 March 2021 at 05:23SEBI makes regulations to further amend the SEBI (Investment Advisers) Regulations, 2013 and have released the Securities and Exchange Board of India (Investment Advisers) (Second Amendment) Regulations, 2021.
Government initiatives to boost Exports
18 March 2021 at 05:19The Government of India has launched the Trade Infrastructure for Export Scheme (TIES) scheme w.e.f FY 2017 -18 to assist Central and State Government agencies for creation of appropriate infrastructure for growth of exports from the States.
Coronavirus impact on Supply Chain
18 March 2021 at 05:14The Government engaged with the Export Promotion Councils and Trade Bodies to address potential disruptions in their supply chains, secure and transport inventories available with various suppliers and put them in touch with our Missions abroad.
CBIC | Manual Processing of declaration under SVLDRS, 2019
17 March 2021 at 19:45Clarification issued that henceforth all the mentioned references for grant of approval of manual processing of the declarations under SVLDRS 2019 need not be made to the Board and such cases can be processed manually by the Designated Committees.
CBDT | Clarification on continuation of concessional rate of tax on certain interest income of the FPIs
17 March 2021 at 19:15CBDT issues clarification on continuation of concessional rate of tax on interest income of FPIs. It has been clarified that the concessional rate of 5% will continue to be applicable on certain interest income of FPIs.
CBDT issues refunds to more than 2.09 crore taxpayers between 1st April 2020 to 15th March 2021
17 March 2021 at 16:41Income tax refunds of Rs. 73,607 crore have been issued in 2,06,64,547 cases & corporate tax refunds of Rs. 1,31,198 crore have been issued in 2,21,014 cases.
ICAI | Invitation for Expression of Interest from Experts/Resource Person on Sustainability Reporting
17 March 2021 at 15:45Interested experts/resource persons are requested to share their resume and brief synopsis of around 1,000 words on the topic chosen/ case study to be developed via email at srsb@icai.in latest by April 20, 2021.
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