IBBI (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019
Posted Date : 22-Nov-2019 , 09:22:51 am | Posted By: CASANSAAR
No. IBBI/2019-20/GN/REG050.- In exercise of the powers conferred by clause (t) of subsection (1) of section 196, sub-section (1) and clauses (zn), (zo), (zp) and (zq) of sub-section (2) of section 240 read with clause (e) of section 2 and section 60 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Insolvency and Bankruptcy Board of India hereby makes the following regulations, namely: -...
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Corporate Laws |
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IBBI (Bankruptcy Process for Personal Guarantors to Corporate Debtors) Regulations, 2019
Posted Date : 22-Nov-2019 , 09:21:55 am | Posted By: CASANSAAR
IBBI/2019-20/GN/REG051.- In exercise of the powers conferred by clause (t) of sub-section (1) of section 196, and clauses (zr) and (zs) of sub-section (1) of section 240 read with clause (e) of section 2 and section 60 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Insolvency and Bankruptcy Board of India hereby makes the following regulations, namely -...
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Corporate Laws |
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CBDT notifies New Form no. 16D & 26 QD for TDS Payment & Retun
Posted Date : 19-Nov-2019 , 09:18:15 pm | Posted By: CASANSAAR
Amendment of Income-tax Rules, 1962 for notifying Challan-cum statement for the purposes of section 194M of the Income-tax Act, 1961...
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CBDT |
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Fully electronic refund process via Form GST RFD-01 & single disbursement
Posted Date : 19-Nov-2019 , 11:28:11 am | Posted By: CASANSAAR
Fully electronic refund process through FORM GST RFD-01 and single disbursement – regarding...
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GST |
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Optional filing of annual GST return Form GSTR-9 / GSTR-9A - CBIC
Posted Date : 19-Nov-2019 , 11:26:54 am | Posted By: CASANSAAR
Clarification regarding optional filing of annual return under notification No. 47/2019- Central Tax dated 9th October, 2019 - regarding
...
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GST |
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Notification under section 227 of the Insolvency and Bankruptcy Code, 2016
Posted Date : 19-Nov-2019 , 08:58:03 am | Posted By: CASANSAAR
Non-banking finance companies (which include housing finance companies) with asset size of Rs.500 crore or more, as per last audited balance sheet....
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Corporate Laws |
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Notification of Categories of Financial Service Providers
Posted Date : 18-Nov-2019 , 06:28:52 pm | Posted By: CASANSAAR
In exercise of the powers conferred by section 227 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government in consultation with the Reserve bank of India hereby notifies as under:...
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Corporate Laws |
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Liquidation of Aditya Birla Idea Payments Bank Limited
Posted Date : 18-Nov-2019 , 05:23:25 pm | Posted By: CASANSAAR
RBI/2019-20/99
DOR.No.Recon.Div.24/10.03.200/2019-20
November 18, 2019
All Scheduled Commercial Banks
Dear Sir / Madam
Liquidation of Aditya Birla Idea Payments Bank Limited
We advise that on a voluntarily winding up application by Aditya Birla Idea Payments Bank Limited, the Hon’ble Bombay High Court has passed an order on September 18, 2019 and has appointed Shri Vijaykumar V. Iyer, Senior Director of Deloitte Touche Tohmatsu India LLP as the Liquidator of Aditya Birla Id...
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RBI |
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CBIC simplifies Form GST RFD-01, GSTR-9 and GSTR-9C
Posted Date : 15-Nov-2019 , 09:50:58 am | Posted By: CASANSAAR
G.S.R……(E). - In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government hereby makes the following rules further to amend the Central Goods and Services Tax Rules, 2017, namely:- 1. (1) These rules may be called the Central Goods and Services Tax (Seventh Amendment) Rules, 2019. (2) Save as otherwise provided in these rules, they shall come into force on the date of their publication in the Official Gazet...
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GST |
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CBIC extends due date for furnishing GSTR-7 for J&K dealers
Posted Date : 15-Nov-2019 , 09:48:54 am | Posted By: CASANSAAR
G.S.R.....(E).–In exercise of the powers conferred by sub-section (6) of section 39 read with section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), the Commissioner hereby makes the following further amendments in notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 26/2019 – Central Tax, dated the 28th June, 2019, published in the Gazette of India, Extraordinar...
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GST |
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CBIC extends due date for furnishing GSTR-3B for J&K dealers
Posted Date : 15-Nov-2019 , 09:43:40 am | Posted By: CASANSAAR
G.S.R.....(E).–In exercise of the powers conferred by section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) read with sub-rule (5) of rule 61 of the Central Goods and Services Tax Rules, 2017 (hereafter in this notification referred to as the said rules), the Commissioner, on the recommendations of the Council, hereby makes the following further amendments in notification of the Government of India in the Ministry of Finance (Department of Revenue), No.29/2019 – Ce...
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GST |
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CBIC extends due date to furnish GSTR-1 for J&K – Turnover more than 1.5 Cr
Posted Date : 15-Nov-2019 , 09:38:11 am | Posted By: CASANSAAR
G.S.R.....(E).–In exercise of the powers conferred by the second proviso to sub-section (1) of section 37 read with section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), the Commissioner, on the recommendations of the Council, hereby makes the following amendment in notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 28/2019 – Central Tax, dated the 28th June, ...
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GST |
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CBIC extends due date to furnish GSTR-1 for J&K – Turnover up to 1.5 Cr
Posted Date : 15-Nov-2019 , 09:35:50 am | Posted By: CASANSAAR
G.S.R.....(E).–In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), the Central Government, on the recommendations of the Council, hereby makes the following amendment in notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 27/2019 – Central Tax, dated the 28th June, 2019, published in the Gazette of India, Extraordinary, ...
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GST |
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CBDT grants exemption to resident of unauthorised colony
Posted Date : 14-Nov-2019 , 08:30:28 am | Posted By: CASANSAAR
G.S.R. 836(E).— In exercise of the powers conferred by clause (XI) of the proviso to clause (x) of sub-section (2) section 56 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following rules further to amend the Income-tax Rules,1962, namely:─...
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CBDT |
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CBIC clarifies on 20 Percent Restriction on ITC
Posted Date : 12-Nov-2019 , 10:13:41 am | Posted By: CASANSAAR
Restriction in availment of input tax credit in terms of sub-rule (4) of rule 36 of CGST Rules, 2017 – reg....
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GST |
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Auction of Government of India Dated Securities
Posted Date : 12-Nov-2019 , 09:50:59 am | Posted By: CASANSAAR
RBI/2019-20/97
Ref.No.IDMD/1277/08.02.032/2019-20
November 11, 2019
All Scheduled Commercial Banks
All State Co-operative Banks/All Scheduled Primary
(Urban) Co-operative Banks/All Financial Institutions/
All Primary Dealers.
Dear Sir/Madam,
Auction of Government of India Dated Securities
Government of India has offered to sell (re-issue) four dated securities for a notified amount of₹16,000 croreas per the following details:
Sr No
Security
Notified Am...
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RBI |
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Withdrawal of exemptions granted to Housing Finance Institutions
Posted Date : 12-Nov-2019 , 09:48:55 am | Posted By: CASANSAAR
RBI/2019-20/98
DOR NBFC (PD) CC.No.105/03.10.136/2019-20
November 11, 2019
To
All Housing Finance Companies
Madam/Sir,
Withdrawal of exemptions granted to Housing Finance Institutions
Please refer to Para 1 of ourMaster Direction – Exemptions from the provisions of RBI Act, 1934.
2. Housing Finance Institutions as defined under Clause (d) of Section 2 of the National Housing Bank Act, 1987 are currently exempt from the provisions of Chapter IIIB of Reserve Bank of Ind...
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RBI |
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Technical Specifications for all participants of the Account Aggregator (AA) ecosystem
Posted Date : 09-Nov-2019 , 07:18:22 am | Posted By: CASANSAAR
RBI/2019-20/96
DOR NBFC (PD) CC.No.104/03.10.001/2019-20
November 08, 2019
To All Regulated Entities of the Bank
Madam/ Sir,
Technical Specifications for all participants of the Account Aggregator (AA) ecosystem
Please refer to theMaster Direction – Non-Banking Financial Company - Account Aggregator (Reserve Bank) Directions, 2016 dated September 02, 2016.
2. The NBFC-AA consolidates financial information of a customer held with different financial entities, spread acros...
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RBI |
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Qualifying Assets Criteria - Review of Limits
Posted Date : 08-Nov-2019 , 06:10:44 pm | Posted By: CASANSAAR
RBI/2019-20/95
DOR.NBFC (PD) CC. No.103/22.10.038/2019-20
November 08, 2019
To
All Non-Banking Financial Companies-Micro Finance Institutions (NBFC-MFIs)
Madam / Sir,
Qualifying Assets Criteria - Review of Limits
Please refer to the Statement on Developmental and Regulatory Policies issued as part of Monetary Policy Statement dated October 4, 2019 and Para 3 of the Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Res...
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RBI |
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Formation of new districts in the State of Mizoram – Assignment of Lead Bank Responsibility
Posted Date : 08-Nov-2019 , 05:15:54 pm | Posted By: CASANSAAR
RBI/2019-20/94
FIDD.CO.LBS.BC.No.14/02.08.001/2019-20
November 08, 2019
The Chairmen / Managing Directors & Chief Executive Officers
All Lead Banks
Madam/ Dear Sir,
Formation of new districts in the State of Mizoram –
Assignment of Lead Bank Responsibility
The Government of Mizoram vide Gazette Notification No.A.60011/21/95-GAD/Pt dated September 12, 2008 had notified the formation of three new districts in the State of Mizoram followed by re...
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RBI |
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Auction of State Development Loans: Non-Competitive Bidding Facility to Retail Investors
Posted Date : 08-Nov-2019 , 09:35:48 am | Posted By: CASANSAAR
RBI/2019-20/92
IDMD.No.1240/10.18.049/2019-20 November 07, 2019
All Scheduled Commercial Banks
All State Co-operative Banks / All Scheduled Primary
(Urban) Co-operative Banks / All Financial Institutions /
All Primary Dealers/All Stock Exchanges
Dear Madam/ Sir,
Auction of State Development Loans: Non-Competitive Bidding Facility to Retail
Investors
Please refer to our circular IDMD.No. 954/08.03.001/2009-10 dated August 24, 2009,
whereby the facility of non-competitive bidding in Stat...
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RBI |
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Exim Bank's Government of India supported Line of Credit of USD 30 million to the Government of the Republic of Ghana
Posted Date : 07-Nov-2019 , 06:05:44 pm | Posted By: CASANSAAR
RBI/2019-20/91
A.P. (DIR Series) Circular No.8
November 07, 2019
All Category – I Authorised Dealer Banks
Madam/Sir
Exim Bank's Government of India supported Line of Credit of USD 30 million to the
Government of the Republic of Ghana
Export-Import Bank of India (Exim Bank) has entered into an agreement dated April 05, 2019 with the Government of the Republic of Ghana for making available to the latter, a Government of India supported Line of Credit (LoC) of USD 30 mill...
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RBI |
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CBIC mandates quoting of DIN in all communications from 08.11.2019
Posted Date : 06-Nov-2019 , 11:12:16 am | Posted By: CASANSAAR
Generation and quoting of Document Identification Number (DIN) on any communication issued by the officers of the Central Board of Indirect Taxes and Customs (CBIC) to tax payers and other concerned persons- reg.
...
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GST |
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Guidelines on Compensation of Whole Time Directors/ Chief Executive Officers/ Material Risk Takers and Control Function staff
Posted Date : 04-Nov-2019 , 05:55:14 pm | Posted By: CASANSAAR
RBI/2019-20/89
DOR.Appt.BC.No.23/29.67.001/2019-20 November 4, 2019
All Private Sector Banks (including Local Area Banks, Small Finance
Banks, Payments Banks) and Foreign Banks operating in India
Dear Sir/Madam,
Guidelines on Compensation of Whole Time Directors/ Chief Executive Officers/
Material Risk Takers and Control Function staff
The compensation practices, especially of large financial institutions, were one of the
important factors which contributed to the global financial cris...
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RBI |
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Liquidity Risk Management Framework for Non-Banking Financial Companies and Core Investment Companies
Posted Date : 04-Nov-2019 , 05:52:49 pm | Posted By: CASANSAAR
RBI/2019-20/88
DOR.NBFC (PD) CC. No.102/03.10.001/2019-20 November 04, 2019
All Non-Banking Financial Companies (NBFCs) including Core Investment Companies (CICs)
Madam/ Sir,
Liquidity Risk Management Framework for Non-Banking Financial Companies and Core
Investment Companies
Please refer to paragraph 108 and paragraph 94 of Master Direction - Non-Banking Financial
Company - Systemically Important Non-Deposit taking Company and Deposit taking Company
(Reserve Bank) Directions, 2016, and ...
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RBI |
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Issue of additional instruments for augmenting regulatory capital for RRBs
Posted Date : 02-Nov-2019 , 09:28:19 am | Posted By: CASANSAAR
RBI/2019-20/87
DOR.RRB.No.21/31.01.001/2019-20
November 01, 2019
The Chairmen
All Regional Rural Banks
Madam / Sir,
Issue of additional instruments for augmenting regulatory capital for RRBs
Capital adequacy norms were prescribed for Regional Rural Banks (RRBs) videcircular RPCD.CO.RRB.BC.44/05.03.095/2007-08 dated December 28, 2007, to compute capital to risk weighted assets (CRAR) and disclose it in 'Notes on Accounts' to their Balance Sheets. Further, the ‘risk ...
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RBI |
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Seeks to amend notification no. 2/2017- Central Tax in order to notify jurisdiction of Jammu Commissionerate over UT of J&K and UT of Ladakh
Posted Date : 01-Nov-2019 , 10:27:41 am | Posted By: CASANSAAR
G.S.R......(E). - In exercise of the powers under section 3 read with section 5 of the Central Goods and Services Tax Act, 2017 (12 of 2017) and section 3 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), the Government hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 02/2017- Central Tax, dated the 19th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3...
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Category :
GST |
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Extension of due date for filing of Income-tax Returns/Tax Audit Reports
Posted Date : 01-Nov-2019 , 08:44:55 am | Posted By: CASANSAAR
Extension of due date for filing of Income-tax Returns/Tax Audit Reports to 30th November, 2019 in respect of Union Territory of Jammu and Kashmir and Union Territory of Ladakh...
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Category :
Income Tax |
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Sovereign Gold Bond (SGB) Scheme - Marking of lien
Posted Date : 31-Oct-2019 , 06:10:37 pm | Posted By: CASANSAAR
RBI/2019-20/86
IDMD.CDD.No.1145/14.04.050/2019-20
October 30, 2019
All Scheduled Commercial Banks (Excluding RRBs)
Designated Post Offices
Stock Holding Corporation of India Ltd. (SHCIL)
BSE & NSE
Depositories/Depository Participants
Madam/Sir,
Sovereign Gold Bond (SGB) Scheme - Marking of lien
As you are aware, the Sovereign Gold Bonds may be used as collateral by both banks and non-bank institutions and the creation of pledge, hypothecation or lien on the bonds shall be...
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Category :
RBI |
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Extension of due date for filing MGT 7 and AOC 4
Posted Date : 29-Oct-2019 , 07:15:32 pm | Posted By: CASANSAAR
Keeping in view the requests received from various stakeholders seeking extension of time for filing of financial statements for the financial year ended 31.03'2019 on . account of various factors , it has been decided to extend the due date for filing of e-forms AOC-4, AOC (CFS) AOC-4 XBRL upto 30.11.2019 and e-form MGT-7 upto 31.12.2019, by companies without levy of additional fee....
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Category :
Corporate Laws |
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