Notification & Circulars

Modification in Operational Guidelines for FPIs and DDPs pursuant to amendment in SEBI (Foreign Portfolio Investors) Regulations, 2019

Notification No#Circular No. SEBI/ HO/ FPI&C/ P/ CIR/ 2021/ 609 04 August 2021

Securities and Exchange Board of India Circular SEBI/ HO/ FPI&C/ P/ CIR/ 2021/ 609 Dated: August 04, 2021 To 1. Foreign Portfolio Investors (“FPIs”) 2. Custodians and Designated Depository Participants (“DDPs”) 3. The Depositories (NSDL and CDSL) All..

Posted in Investments & Personal Finance

Requirement of minimum number and holding of unit holders for unlisted Infrastructure Investment Trusts (InvITs)

Notification No#SEBI/HO/DDHS/DDHS_Div3/P/CIR/2021/611 04 August 2021

Securities and Exchange Board of India CIRCULAR SEBI/HO/DDHS/DDHS_Div3/P/CIR/2021/611 August 04, 2021 To, All Infrastructure Investment Trusts (InvITs) All Parties to InvITs Madam / Sir, Sub: Requirement of minimum number and holding of unit holders for unlisted Infrastructure ..

Posted in Investments & Personal Finance

Maintenance of Current Accounts in multiple banks by Mutual Funds

Notification No#SEBI/HO/IMD/IMD-I/DOF5/P/CIR/2021/610 04 August 2021

Securities and Exchange Board of India CIRCULAR SEBI/HO/IMD/IMD-I/DOF5/P/CIR/2021/610 August 4, 2021 All Mutual Funds (MFs)/ Asset Management Companies (AMCs)/ Trustee Companies/ Board of Trustees of Mutual Funds/ Association of Mutual Funds in India (AMFI) Sir / Madam, Subject:..

Posted in Investments & Personal Finance

Notification No. 85/2021 [F. No. 300196/1/2021-ITA-I] / SO 3138(E)

Notification No#85/2021 04 August 2021

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 4th August, 2021 S.O. 3138(E).—In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for ..

Posted in Income Tax

Notification No. 86/2021 [F. No. 300196/11/2020-ITA-I] / SO 3139(E)

Notification No#86/2021 04 August 2021

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 86/2021-Income Tax New Delhi, the 4th August, 2021 S.O. 3139(E).- In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government ..

Posted in Income Tax

Notification No. 87/2021 [F. No. 285/10/2019-IT(Inv.V) CBDT] / SO 3135(E)

Notification No#87/2021 04 August 2021

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) (INVESTIGATION DIVISION-V) NOTIFICATION New Delhi, the 4th August, 2021 S.O. 3135(E).- In exercise of the powers conferred by sub-section (1) of section 280A of the Income-tax Act, 1961 (43 of 1961) an..

Posted in Income Tax

Taxation Laws (Amendment) Bill, 2021

Notification No#Bill No. 120 of 2021 04 August 2021

AS INTRODUCED IN LOK SABHA Bill No. 120 of 2021 THE TAXATION LAWS (AMENDMENT) BILL, 2021 A BILL further to amend the Income-tax Act, 1961 and the Finance Act, 2012. BE it enacted by Parliament in the Seventy-second Year of the Republic of India as follows:- CHAPTER I PRELIMINARY 1..

Posted in Income Tax

Guidelines for Implementation of the circular on Opening of Current Accounts by Banks

Notification No#RBI/2021-22/77 DOR.CRE.REC.35/21.04.048/2021-22 04 August 2021

RBI/2021-22/77 DOR.CRE.REC.35/21.04.048/2021-22 August 04, 2021 To, All Scheduled Commercial Banks All Payments Banks Madam / Dear Sir, Guidelines for Implementation of the circular on Opening of Current Accounts by Banks Please refer to circulars DOR.No.BP.BC/7/21.04.048/2..

Posted in Community & General

Notification No. 84/2021 [F. No. 370142/13/2021-TPL (Part- 1)] / SO 3114(E)

Notification No#84/2021 03 August 2021

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 3rd August 2021 (INCOME-TAX) S.O. 3114(E).—In exercise of powers conferred by sub-clause (iv) of clause (c) of the Explanation 1 to clause (23FE) of section 10 of the Income-tax A..

Posted in Income Tax

Extension of time lines for electronic filing of various Forms under the Income-tax Act,1961

Notification No#Circular No. 15/2021 03 August 2021

Circular No. 15/2021 F.NO.225/49/2021I1TA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, Dated 3rd August, 2021 Subject: Extension of timelines for electronic filing of various Forms under the Income-tax Act,1961 1. On c..

Posted in GST