Notification & Circulars

Notification No.79/2021 u/s 35(1)(ii) of the Income-tax Act, 1961 in the case of M/s Patanjali Research Foundation Trust, Haridwar

Notification No#79/2021 12 July 2021

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 12th July 2021 S.O. 2804(E).—In exercise of the powers conferred by clauses (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (43 of 1961) read with rules 5C and ..

Posted in Income Tax

Weekly newsletter from Chairman, CBIC dated 12/07/2021

Notification No#D.O.No.78/CH(IC)/2020 12 July 2021

Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs North Block, New Delhi-110001 Tel. No.: +91-11-23092849, Fax : +91-11-23092890 E-mail : ajit.m@gov.in M. Ajit Kumar, Chairman Date: 12th July 2021 D.O.No.78/CH(IC)/2020 Last ..

Posted in Custom

Notification No. 78/2021 [F.No.300196/5/2018-ITA-I] / SO 2774(E)

Notification No#78/2021 09 July 2021

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 9th July 2021 S.O. 2774(E).—In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the p..

Posted in Income Tax

Mandatory Leave for Employees Posted in Sensitive Positions or Areas of Operation

Notification No#RBI/2021-22/70 DoR.ORG.REC.31/21.06.017/2021-22 09 July 2021

RBI/2021-22/70 DoR.ORG.REC.31/21.06.017/2021-22 July 9, 2021 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks Dear Sir, Mandatory Leave fo..

Posted in Community & General

Review of Advance Intimation timelines for modifications in the contract specifications of commodity derivative contracts

Notification No#SEBI/HO/CDMRD_DoP/P/CIR/2021/592 08 July 2021

Securities and Exchange Board of India Circular No.: SEBI/HO/CDMRD_DoP/P/CIR/2021/592 Dated: July 08, 2021 The Managing Directors / Chief Executive Officers All Recognized Stock Exchanges having Commodity Derivatives Segment Dear Sir / Madam, Sub: Review of Advance Intimation t..

Posted in Investments & Personal Finance

Roadmap for LIBOR Transition

Notification No#RBI/2021-22/69 CO.FMRD.DIRD.S39/14.02.001/2021-22 08 July 2021

RBI/2021-22/69 CO.FMRD.DIRD.S39/14.02.001/2021-22 July 08, 2021 To The Chief Executive Officer/ Chairman/Managing Director, All Commercial and Co-operative Banks / All India Financial Institutions / Non-Banking Financial Companies including Housing Finance Companies and Standalone Primary..

Posted in Community & General

Improvements in Faceless Assessment - Measures for expediting Customs clearances - reg.

Notification No#Circular No. 14/2021-Customs 07 July 2021

Circular No. 14/2021-Customs F. No.450/26/2019-Cus. IV(Pt) Government of India Ministry of Finance Department of Revenue (Central Board of Indirect Taxes & Customs) ***** Room No. 227 B, North Block, New Delhi, dated 7th of July, 2021. To, All Principal Chief Commissioners..

Posted in Community & General

New Definition of Micro, Small and Medium Enterprises - Addition of Retail and Wholesale Trade

Notification No#RBI/2021-2022/67 FIDD.MSME & NFS.BC.No.13/06.02.31/2021-22 07 July 2021

RBI/2021-2022/67 FIDD.MSME & NFS.BC.No.13/06.02.31/2021-22 July 7, 2021 The Chairman/ Managing Director/Chief Executive Officer All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) All Primary (Urban) Co-operative Banks/State Co-operative Bank..

Posted in Community & General

Inclusion of “Shivalik Small Finance Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934

Notification No#RBI/2021-22/68 DoR.RET.REC.30/12.07.150/2021-22 07 July 2021

RBI/2021-22/68 DoR.RET.REC.30/12.07.150/2021-22 July 07, 2021 All Scheduled Commercial Banks Dear Sir/Madam Inclusion of “Shivalik Small Finance Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934 We advise that “Shivalik Small Finance Bank L..

Posted in Community & General

Income tax Amendment (19th Amendment), Rules, 2021

Notification No#77/2021 07 July 2021

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 7th July, 2021 INCOME-TAX G.S.R. 472(E).— In exercise of the powers conferred by proviso to section 50 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Centr..

Posted in Income Tax