Notification & Circulars

Updation of IFSC and Bank Account Rejected by PFMS

Notification No#Public Notice No. 49/2021 24 May 2021

OFFICE OF THE PR. COMMISSIONER OF CUSTOMS (NS-I) DIN: 20210578NW0000813841 F. No. EDI/ Misc-154/2017/Pt I JNCH Date: 24.05.2021 Public Notice No. 49/2021 Sub: UPDATION OF IFSC AND BANK ACCOUNT REJECTED BY PFMS 1. Kind attention of all Exporters, Importers, Custom Brokers & othe..

Posted in Miscellaneous

Foreign Exchange Management (Borrowing and lending) (Amendment) Regulations, 2021

Notification No#No. FEMA. 3(R)2/2021-RB. 24 May 2021

RESERVE BANK OF INDIA (Financial Markets Regulation Department) (CENTRAL OFFICE) NOTIFICATION MUMBAI, the 24th May 2021 Foreign Exchange Management (Borrowing and lending) (Amendment) Regulations, 2021 No. FEMA. 3(R)2/2021-RB.- In exercise of the powers conferred by Section 47 of the For..

Posted in Community & General

Enhancement of overall limit for overseas investment by Alternative Investment Funds (AIFs)/Venture Capital Funds (VCFs)

Notification No#SEBI/HO/IMD/DF6/CIR/P/2021/565 21 May 2021

Securities and Exchange Board of India CIRCULAR SEBI/HO/IMD/DF6/CIR/P/2021/565 May 21, 2021 To, All Alternative Investment Funds, All Venture Capital Funds [registered under erstwhile SEBI (Venture Capital Funds) Regulations, 1996)] Dear Sir / Madam, Subject: Enhancement..

Posted in Investments & Personal Finance

IFSCA - Guidelines for issuance of Certificate of Deposits- withdrawal

Notification No#F.No.110/IFSCA/Banking Regulation/2021-22/4 21 May 2021

International Financial Services Centres Authority F.No.110/IFSCA/Banking Regulation/2021-22/4 Date : May 21, 2021 To all Banking Units Dear Sir/Madam, Subject: Guidelines for issuance of Certificate of Deposits – Withdrawal Banking Units may please refer to IFSCA Circul..

Posted in Community & General

Relaxation in timeline for compliance with various payment system requirements

Notification No#RBI/2021-22/41 CO.DPSS.POLC.No.S-106/02-14-003/2021-2022 21 May 2021

RBI/2021-22/41 CO.DPSS.POLC.No.S-106/02-14-003/2021-2022 May 21, 2021 The Chairman / Managing Director / Chief Executive Officer All Scheduled Commercial Banks, including Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks / Paym..

Posted in Community & General

Extension of time limits of certain compliances to provide relief to taxpayers in view of the severe pandemic

Notification No#9/2021 20 May 2021

F. NO.225/49/2021-ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, Dated 20th May, 2021 Subject: Extension of time limits of certain compliances to provide relief to taxpayers in view of the severe pandemic The Central Boa..

Posted in Income Tax

Clarification on offsetting the excess CSR spent for FY 2019-20

Notification No#E-file no. CSR-01/4/2021-CSR-MCA 20 May 2021

E-file no. CSR-01/4/2021-CSR-MCA Government of India Ministry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan, Dr. R. P. Marg, New Delhi-110001 Dated: 20th May 2021 Circular To, All concerned stakeholders. Subject: Clarification on offsetting the excess CSR spen..

Posted in Corporate Law

Clarification on offsetting the excess CSR spent for FY 2019-20

Notification No#E-file no. CSR-01/4/2021-CSR-MCA 20 May 2021

Posted in Corporate Law

Exchange rates Notification No.48/2021-Cus (NT) dated20.05.2021

Notification No#48/2021 – Customs (N.T.) 20 May 2021

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) ***** Notification No. 48/2021 – Customs (N.T.) New Delhi, dated the 20th May, 2021 In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 196..

Posted in Custom

Introduction of an online e-EPCG Committee module for accepting applications seeking relaxation in Policy/Procedure in terms of para 2.58 of FTP 2015-20

Notification No#Trade Notice 05/2021-22-DGFT 19 May 2021

Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi Dated the 19th May, 2021 Trade Notice 05/2021-22-DGFT All IEC Holders Members of Trade and Industry All Export Promotion Councils/Commodity Boards..

Posted in Miscellaneous