CBDT exempts hospitals etc. providing Covid treatment from receiving cash in excess of Rs. 2 lakhs limit u/s 269ST for the period from 01.04.2021 to 31.05.2021 on obtaining the PAN or AADHAAR of patient and payee MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 56/2021 …
SEBI (LODR) (2nd Amendment) Regulations 2021. Secretarial compliance report mandatory for listed companies Securities and Exchange Board of India (SEBI) has amended the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations) in short. SEBI has notified the Securities and Exchange Board …
CBDT notifies five sovereign wealth funds u/s 10(23FE) The CBDT has notified the following five sovereign wealth fund under section 10(23FE) of the Income Tax Act 1961 (the Act) as the specified person for the purposes of the clause (vi) of clause (b) of the Explanation 1 …
MCA Clarification on spending of CSR funds for ‘creating health infrastructure for COVID care’,‘ establishment of medical oxygen generation and storage plants’ etc. General Circular No. 09/2021 E-file no. CSR-01/5/2021-CSR-MCAGovernment of IndiaMinistry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan, Dr. R. P. Marg, New …
RBI relaxes norms for periodic updation of KYC by banks. Operations of such account not to be restricted till December 31, 2021 In terms of Section 38 of the Master Direction on KYC dated February 25, 2016, Regulated Entities (REs) are required to carry out periodic updation of …
CBDT prescribes limit & condition for exemption u/s 10(5) of value received by employee in lieu of Travel Concession. Limit fixed as Rs. 36000/- or one-third of expenditure, whichever is less MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 50/2021 New Delhi, the 5th May, …