AIFs/VCFs overall limit to invest overseas enhanced USD 1500 Million from earlier overall limit of USD 750 million. Read SEBI Circular SECURITIES & EXCHANGE BOARD OF INDIA CIRCULAR SEBI/HO/IMD/DF6/CIR/P/2021/565 May 21, 2021 To,All Alternative Investment Funds, All Venture Capital Funds Dear Sir /Madam, Subject: Enhancement of overall limit …
Offsetting of excess Contribution of CSR funds to PM CARES made in FY 2019-20 against the requirement of CSR spending in FY 2020-21 Ministry of Corporate Affairs (MCA) has issued a clarification on offsetting the excess CSR spent for FY 2019-20 Offsetting of excess Contribution …
No relaxation in ICAI Annual membership / COP Fee for 2021-22 ICAI has issued it Annual Fee Circular for 2021-22. The fee became due for payment on 1st April, 2021 and needs to be paid on or before 30th September, 2021. As per ICAI 71st Annual Report, …
Due date for filing ITRs for AY 2021-22 extended. CBDT gives extension of time limits of certain compliances under Income Tax Act Due date for filing ITRs for AY 2021-22 extended. CBDT has issued circular no. 09/2021 dated 20th May 2021 to provide relief to taxpayers by extending …
Foreign Investment (FDI) limit in Indian Insurance company increased to 74 percent. Indian Insurance Companies (Foreign Investment) Amendment Rules, 2021 MINISTRY OF FINANCE(Department of Financial Services) NOTIFICATION New Delhi, the 19th May, 2021 G.S.R.337(E).—Whereas, certain draft rules, namely, the Indian Insurance Companies (Foreign Investment)Amendment Rules, 2021,were published in …
CBDT to launch new Income Tax E-filing website from 7th June 2021 The Income Tax Department is going to launch a new E-filing website i.e. www.incometax.gov.in on 7th June 2021. In preparation of the transition to the new system, the existing E-filing portal will not be available from …
