the Faceless Appeal (Amendment) Scheme, 2021, NeAC to be called NFAC

The Faceless Appeal (Amendment) Scheme, 2021, National e-Assessment Centre to be called National Faceless Assessment Centre MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 26/2021 New Delhi, the 31st March, 2021 S.O.1438(E).—In exercise of the powers conferred by sub-section (6B) of section 250 of the …

RBI extends timeline for processing of recurring online transactions

Reserve Bank of India extends timeline for processing of recurring online transactions Date: 31.03.2021 RESERVE BANK OF INDIA PRESS RELEASE In August 2019, the Reserve Bank of India (RBI) had issued a framework for processing of e-mandates on recurring online transactions. Initially applicable to cards and wallets, the …