The Finance Bill 2021 has proposed new Section 206AB and Section 206CCA under Income Tax Act, 1961 with effect from 01st July 2021, which provides for the higher rate of TDS and TCS respectively for the deductee who do not file their Income Tax Returns for both of the assessment years relevant to the two
Insolvency and Bankruptcy Board of India No. IBBI/PR/2021/07 19th March 2021 Press Release Release of publication “Handbook on Ethics for Insolvency Professionals: Ethical and Regulatory Framework”. Dr. Navrang Saini, Whole Time Member, IBBI, in presence of Ms. Natalie Toms, Chief Economist, and Counsellor, British High Commission, released a publication titled “Handbook on Ethics for Insolvency
MINISTRY OF FINANCE (Department of Revenue) (OFFICE OF THE COMMISSIONER OF CUSTOMS, CITY CUSTOMS COMMISSIONERATE) NOTIFICATION Bengaluru, the 11th March 2021 No. 01/2021 (N.T) S.O. 1243(E) .—In exercise of the powers conferred under sub-section(a) of Section 8 of Customs Act, 1962 (52 of 1962), I, Baswaraj Nalegave, Commissioner of Customs, Bengaluru City, hereby modify /
MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 18th March, 2021 S.O. 1257(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 396 of the Companies Act, 2013 (18 of 2013) (hereinafter referred to as the Act), the Central Government hereby establishes a Central Scrutiny Centre (CSC) for carrying out scrutiny of
The Ministry of Corporate Affairs (MCA) vide its Notification dated 18th March 2021 exercising powers conferred by sub-section (1) and (2) of section 467 of the Companies Act, 2013 amend the Schedule V of the Companies Act, 2013 which deals with “Conditions to be fulfilled for the appointment of a managing or whole-time director or
Due dates for filing of Form GSTR-3B from the Tax Period of January 2021 16/03/2021 1. Government of India, Ministry of Finance (Department of Revenue), CBIC, vide Notification No 82/2020 – Central Tax, dated 10th Nov. 2020, has revised Rule 61 of the Central Goods and Services Tax Rules, 2017, to provide for staggered filing
The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No 30/2021-Customs (NT) dated 17th March 2021 declared the New Jalpaiguri Railway Station as Land Custom Stations for the purpose of clearance of baggage. The said Railway Station connects Jalpaiguri in India to Dhaka in Bangladesh. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION
F.No.275/65/2013-CX.8A (Pt.) Government of India Ministry of Finance Department of Revenue (Central Board of Indirect taxes & Customs) Legal Cell Wing 5 ‘C’ HUDCO-VISHALA Building Bhikaji Cama Place, R.K. Puram New Delhi, the 19th January’2021 To, 1. All Principal Chief Commissioners/ Chief Commissioners of Customs & GST 2. All Principal Director Generals/ Director Generals of
The University Grant Commission (UGC) vide its notification no D.O.No.9-35/2016 (CPP-II) dated 15th March 2021 recognizes Chartered Accountant (CA), Company Secretary (CS), and Cost and Works Accountants (ICWA) qualification equivalent to Post Graduate degree for the purpose of appearing in UGC-Net examination on the basis of requests submitted by the Institute of Chartered Accountants of
The Central Board of Direct Taxes (CBDT) vide its Notification No 16/2021 dated 12th March 2021 issue the amend the Rule 114E of the Income Tax Rules, 1962 with regards to the furnishing of statement of financial transactions. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 12th March
