Value of Plant & Machinery or Equipment for MSMEs new Definition-RBI withdraws its Circular in view of Govt. clarification The Government had recently notified new criteria for classifying MSMEs. The RBI then issued a circular suggesting documents that can be relied upon by banks for arriving at investment …
Aadhaar number authentication for GST Registration made optional. Registration in such cases to be granted after physical verification of place of business Aadhaar Authentication process has been introduced, for the persons applying for GST registration as Normal Taxpayer/ Composition/ Casual Taxable Person/ Input Service Distributor (ISD)/ SEZ …
CBDT designates Pr.CCsIT as cadre controlling authority overall the field formations including ReAC F No. 1871312020-ITA-IGovernment of India Ministry of Finance Department of Revenue(Central Board of Direct Taxes)***** North Block, New Delhi – 110001.Dated the 20th August, 2020 ORDER Subject : Order under section 119 of the Income-tax …
Depositories and Depository Participants are required to preserve the records and documents for a minimum period of eight years Securities and Exchange Board of India CIRCULARSEBI/HO/MRD2/DDAP/CIR/P/2020/153 August 18, 2020 ToThe Depositories Subject: Corrigendum to Master Circular for Depositories dated October 25, 2019 on preservation of records Sir/ Madam, …
ICAI Revised Guidance Note on Transfer Pricing Report Under Section 92E of the Income-Tax Act 1961 based on law as amended by Finance Act, 2020 GUIDANCE NOTE ON REPORT UNDER SECTION 92E OF THE INCOME-TAX ACT, 1961 (TRANSFER PRICING) (Revised Seventh Edition 2020) The ICAI has issued the …
RBI releases the National Strategy for Financial Education: 2020-2025 Financial education is defined as the possession of the set of skills and knowledge that allows an individual to make informed and effective decisions with all of their financial resources. RBI National Strategy for Financial Education: 2020-2025 Objectives To …
