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The IT Department has recently launched an AIS Application (to view Annual Information Statements)for taxpayers aiming to provide each transaction information taxpayers and accept their feedback.
Tax Compliance Tracker - March, 2023
This article contains various Compliance requirements for the Month of February, 2023 under various Statutory Laws.
Tax Compliance Tracker for the month of February 2023
Securities and Exchange Board of India (SEBI) on 25thJanuary,2023 has issues a Press Release vide PR No.02/2023 and has underlines the need for analysis and disclosure of risks of trading in F&O. SEBI plans to impose additional safeguards for retail investors dealing in the futures and options (F&O) segment.
Reserve Bank of India (RBI), vide Press Release dated 16th January, 2023, has releases Discussion Paper on Expected Loss (EL)-based Approach for loan loss provisioning by banks and has proposed a framework for adoption of an 'expected loss-based' approach for provisioning by banks (As part of the Statement on Developmental and Regulatory Policies released on September 30, 2022).
Reserve Bank of India (RBI), vide its Notification No RBI/2022-23/168 CO.CEPD.PRS.No.S1233/13-01-018/2022-2023dated 23rd January, 2023, has announced a circular on "Safe Deposit Locker/Safe Custody Article Facility provided by banks"
EPFO is an innovation driven social security organisation aiming to extend universal coverage and ensuring Nirbadh (Seamless and uninterrupted) service delivery to its stakeholders through state-of-the-art technology.
The exchanges, to start with, are permitted to launch futures contracts on corporate bond indices, Market regulatory, the Securities and Exchange Board of India (SEBI) said in a statement.
Compliance Tracker for the month of January 2023
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