Day: May 28, 2021
Authorised Dealers in India may lend to person resident outside India for making margin payments in respect of settlement of transactions involving Government Securities 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. …
RBI releases Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks. If Fixed deposit shares in bank deposits declines in total deposits? The Reserve Bank of India (RBI) has released Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks (SCBs), March 2021 on its Database on Indian …
GST Council 43rd Meeting- Key decisions taken Union Finance Minister N Sitharaman chaired the 43rd GST Council meeting held on 28/05/2021 today. Recommendations of 43rd GST Council meeting Amnesty Scheme to provide relief to taxpayers regarding late fee for pending returns ; Late fee also rationalised for future …
CBDT gives benefit of extended period of limitation for filing appeal before CIT(A) to comply with Supreme Court Order. Read Circular No. 10/2021 CBDT vide Circular No. 08/2021 dated 30th April, 2021 provided various relaxations till 31st May 2021 including extending time for filing the appeals before CIT …
