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Govt. notifies scheme of merges of LVB with DBS Bank. Read how depositors and creditors shall be treated Due to the rapidly deteriorating financial position of the Lakshmi Vilas Bank Limited, the Reserve Bank had placed the bank under moratorium. In the interest of the public …
Banks not to grant approval to any branch office, project office, liaison office to foreign Law firms for practicing in India The Hon’ble Supreme Court in 2018 held that advocates enrolled under the Advocates Act, 1961 alone are entitled to practice law in India and that foreign law …
Extension of time for uploading/online submission of FCRA Annual returns for FY 2019-20 up to 30th June 2021 F. No. 11/21022/23(15)/2020-FCRA-111Government of India Ministry of Home AffairsForeigners Division, FCRA Wing******** First Floor, Major Dhyan Chand National Stadium India Gate Circle, New Delhi-110001 Dated: 23rd November, 2020 PUBLIC NOTICE …
Mandatory mock trading sessions made optional on provision of environment to test software related to Trading & Risk Management Securities and Exchange Board of India CIRCULAR SEBI/HO/MRD1/DSAP/CIR/P/2020/234 November 24, 2020 All Recognised Stock Exchanges Dear Sir / Madam, Subject: Testing of software used in or related to Trading …
ICAI reschedules CA exams due to Nivar cyclone in some cities in Tamil Nadu & Puducherry ICAI reschedules CA exams due to Nivar cyclone In view of heavy rains due to Nivar cyclone and consequent disruption of normal life in some cities in the State of Tamil Naduand …
Salient features of Quarterly Return filing & Monthly Payment of Taxes (QRMP) Scheme Who can opt for the scheme: Following registered person (hereinafter RP) can file quarterly returns and pay tax on monthly basis w.e.f. 01.01.2021 : An RP who is required to file Form GSTR 3B with …
ICSI signs MoU with Poonawalla Finance Private Limited for Special Term Loan for Company Secretaries ICSI signed MoU for Special Term Loan for CS The Institute of Company Secretaries of India (ICSI) has signed a MoU with Poonawalla Finance Private Limited for Special Term Loan for Company Secretaries. …
IWG submits report to RBI. Large NBFCs may be converted into banks, promoters’ stake can be increased in bank Reserve Bank of India (RBI) had constituted an Internal Working Group (IWG) to review extant ownership guidelines and corporate structure for Indian private sector banks. The Terms of Reference …
Standard Operating Procedure ( SOP ) to open and operate the “FCRA Account” under amended FCAR 2020 Standard Operating Procedure (SOP) to open and operate the “FCRA Account” as provided under Section 17(1) of the amended Foreign Contribution (Regulation) Act, 2010 with SBI, New Delhi Main Branch …
Reopening notice u/s 148 on wrong presumption that assessee not filed return of income quashed by Tribunal as non application of mind ABCAUS Case Law CitationABCAUS 3423 (2020) (11) ITAT Important case law relied upon by the parties:Pr. CIT vs. RMG Polyvinyl (2017) 83 taxmann.com 348 (Delhi)/ 396 …