Month: March 2021
ICAI Technical Guide on Revised Formats of Long Form Audit Report (LFAR) In bank and bank’s branches audit, the auditors are required to report on certain matters prescribed by the RBI. LFAR is a separate report to be submitted to the bank’s management in the format prescribed by …
SEBI Clarification on the valuation of bonds issued under Basel III framework. Deemed residual maturity for valuation of existing and new bonds Securities And Exchange Board Of India CIRCULAR SEBI/HO/IMD/DF4/CIR/P/2021/034 March 22, 2021 All Mutual Funds (MFs)/Asset Management Companies (AMCs)/Trustee Companies/ Boards of Trustees of Mutual Funds/Association of …
SEBI Guidelines for Business Continuity Plan (BCP) and Disaster Recovery (DR) of Market Infrastructure Institutions (MIIs) Securities And Exchange Board Of India CIRCULAR SEBI/HO/MRD1/DTCS/CIR/P/2021/33 March 22, 2021 To,All Stock Exchanges,All Depositories,All Clearing Corporations Dear Sir/ Madam, Guidelines for Business Continuity Plan (BCP) and Disaster Recovery (DR) of Market …
CBDT promotes 94 officers to the grade of Principal Commissioner of Income Tax (PrCIT) CBDT has issued order no.68 of 2021 dated 19th March 2021 promoting 94 officers to to the grade of Principal Commissioner of Income Tax (PrCIT) level 15 in the pay matrix Rs. 182200-224100 on …
Timeline for reporting of status of ongoing corporate insolvency resolution processes (CIRPs) through Form CIRP 7 Insolvency and Bankruptcy Board of India7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 CIRCULAR No.: IBBI/CIRP/41/2021 18th March, 2021 To All Registered Insolvency ProfessionalsAll Recognised Insolvency Professional EntitiesAll Registered Insolvency Professional Agencies …
MCA constitutes Central Scrutiny Centre (CSC) for scrutiny of Straight Through Processes e-forms filed by companies on MCA Portal MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 18th March, 2021 S.O.1257(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 396 of the Companies Act, …
Revised Limit of remuneration payable to managerial person / other director in case of loss . Amendment to Schedule V of the Companies Act 2013 MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the18th March, 2021 S.O. 1256(E).—In exercise of the powers conferred bysub-sections (1) …
Remuneration to Independent Director in case of loss. Amendment permitting payment in accordance with Schedule V effective from 18.03.2021 – MCA Notification MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 18th March, 2021 S.O.1255(E).—In exercise of the powers conferred by sub-section (2) of section 1 of the Companies …
Concessional tax rate of 5% continue to apply to interest income u/s 194LD even after amendment to section 115AD Government of IndiaDepartment of Revenue Ministry of FinanceCentral Board of Direct Taxes New Delhi, 17th March, 2021 Clarification on continuation of concessional rate of tax on certain …
RBI notifies Qualified Financial Contract and entities qualified as financial market participants to deal in qualified Financial Contracts RESERVE BANK OF INDIA(Financial Markets Regulation Department)(CENTRAL OFFICE) NOTIFICATION Mumbai, the 9th March, 2021 No. FMRD.DIRD. 2/14.03.043/2020-21.—In exercise of the powers conferred by clause (a) of Section …
