Time to furnish GSTR-3B for newly migrated taxpayers extended
Posted Date : 03-Jan-2019 , 06:04:15 pm | 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, the Commissioner, on the recommendations of the Council, hereby makes the following further amendments-...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 869
|
 |
Time limit to furnish FORM GSTR-3B for newly migrated taxpayers extended
Posted Date : 03-Jan-2019 , 06:00:49 pm | 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, the Commissioner, on the recommendations of the Council, hereby makes the following further amendments -
...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 906
|
|
Time limit to avail special procedure to complete migration to GST extended
Posted Date : 03-Jan-2019 , 05:42:24 pm | 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), the Central Government, on the recommendations of the Council, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.31/2018-Central Tax, dated the 6th August, 2018, published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i), vide number G.S.R. 742(E), dated ...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 868
|
|
RBI releases guidelines on restructuring of advances to MSMEs
Posted Date : 01-Jan-2019 , 09:28:24 pm | Posted By: CASANSAAR
RBI/2018-19/100
DBR.No.BP.BC.18/21.04.048/2018-19
January 1, 2019
All banks and NBFCs regulated by the Reserve Bank of India
Dear Sir/ Madam,
Micro, Small and Medium Enterprises (MSME) sector – Restructuring of Advances
1. Please refer to thecirculars DBR.No.BP.BC.100/21.04.048/2017-18 dated February 07, 2018andDBR.No.BP.BC.108/21.04.048/2017-18 dated June 6, 2018. In this regard, with a view to facilitate meaningful restructuring of MSME accounts {MSME as defined in the Mi...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1041
|
|
Liquidity Coverage Ratio (LCR), FALLCR against credit disbursed to NBFCs and HFCs
Posted Date : 29-Dec-2018 , 11:29:43 am | Posted By: CASANSAAR
RBI/2018-19/98
DBR.BP.BC.No.17/21.04.098/2018-19
December 28, 2018
All Scheduled Commercial Banks
(Excluding RRBs) & Small Finance
Banks (SFBs)
Dear Sir,
Basel III Framework
on Liquidity Standards - Liquidity Coverage Ratio (LCR),
FALLCR against credit disbursed to NBFCs and HFCs
Please refer to ourcircular dated October 19, 2018on the captioned subject.
2. T...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 925
|
|
7.75% Savings (Taxable) Bonds, 2018 - Operational Guidelines
Posted Date : 28-Dec-2018 , 09:48:59 am | Posted By: CASANSAAR
RBI/2018-19/95
IDMD.CDD.No.1637/13.01.299/2018-19
December 24, 2018
The Chairman & Managing Director
State Bank of India & 18 Nationalised Banks
Axis Bank Ltd., ICICI Bank Ltd., HDFC Bank Ltd.,
Stock Holding Corporation of India Ltd. (SHCIL)
Dear Sir/Madam,
7.75% Savings (Taxable) Bonds, 2018 - Operational Guidelines
This has reference to theGoI Notifications F.No.4(28) - W&M/2017 dated January 03, 2018andRBI circular IDMD.CDD.No.1671/13.01.299/2017-18 dated Januar...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1265
|
|
Filing of Security Interest relating to Immovable (other than equitable mortgage), Movable and Intangible Assets in CERSAI
Posted Date : 28-Dec-2018 , 09:48:04 am | Posted By: CASANSAAR
RBI/2018-19/96
DBR.Leg.No.BC.15/09.08.020/2018-19
December 27, 2018
All Scheduled Commercial Banks (Including RRBs),
Small Finance Banks, Local Area Banks,
All Co-operative Banks,
All NBFCs and All India Financial Institutions
Dear Sir/ Madam
Filing of Security Interest relating to Immovable (other than equitable mortgage), Movable and Intangible Assets in CERSAI
Please refer tocirculars DBOD.Leg.No.BC.86/09.08.011/2010-11 dated April 21, 2011,RPCD.CO.RRB.BC.No.72/03.05.33/201...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1332
|
|
Amendments in the Companies (Incorporation) Rules, 2014 – reg. name availability
Posted Date : 18-Dec-2018 , 08:50:58 am | Posted By: CASANSAAR
NOTICE INVITING COMMENTS
Draft amendment to rule 8 of the Companies (Incorporation) Rules, 2014 is attached as an Annexure-A to this notice...
Continue Reading...
Category :
Companies Act |
Comments :
0 | Hits : 1544
|
|
Extension of the last date of filing form NFRA 1
Posted Date : 18-Dec-2018 , 08:47:56 am | Posted By: CASANSAAR
Time limit for filing Form NFRA-1 will be 30 days from the date of deployment of this form on the website of Ministry/National Financial Reporting Authority (NFRA) for all bodies corporate governed by the said rule (excluding companies as defined under sub-section (20) of section 2 of the Companies...
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 1604
|
|
Special Deposit Scheme (SDS)-1975 Payment of interest for calendar year 2018
Posted Date : 10-Dec-2018 , 08:49:56 am | Posted By: CASANSAAR
RBI/2018-19/88
DGBA.GBD.No.1397/15.01.001/2018-19
December 6, 2018
The Chairman/Managing Director/Chief Executive Officer/
Agency Banks Handling the Special Deposit Scheme 1975
Dear Sir
Special Deposit Scheme (SDS)-1975
Payment of interest for calendar year 2018
We want to inform that gazette notifications related to interest rates for SDS 1975 are available in Government of India website ...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1975
|
|
Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM)
Posted Date : 10-Dec-2018 , 08:48:58 am | Posted By: CASANSAAR
RBI/2018-19/89
FIDD.GSSD.CO.BC.No.11/09.16.03/2018-19
December 06, 2018
The Chairman/ Managing Director & CEO
All Scheduled Commercial Banks &
Small Finance banks
Madam/Dear Sir,
Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM)
Reserve Bank of India has periodically issued instructions to banks with regard to operationalisation of the Government of India’s National Urban Livelihoods Mission (DAY-NULM). The Ministry of Housing & ...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1630
|
|
Guidelines on Loan System for Delivery of Bank Credit
Posted Date : 06-Dec-2018 , 08:10:30 am | Posted By: CASANSAAR
RBI/2018-19/87
DBR.BP.BC.No.12/21.04.048/2018-19
December 5, 2018
All Scheduled Commercial Banks
Small Finance Banks
Dear Sir/ Madam,
Guidelines on Loan System for Delivery of Bank Credit
Please refer to theDraft Guidelineson the captioned subject issued on June 11, 2018 for comments of the stakeholders.
2. Taking into account the views of the stakeholders, the final guidelines areannexed.
Yours faithfully,
(Saurav Sinha)
Chief General Manager in-Charge
Annex
G...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1733
|
|
Basel III Framework on Liquidity Standards – Net Stable Funding Ratio (NSFR) – Final Guidelines
Posted Date : 30-Nov-2018 , 08:09:40 am | Posted By: CASANSAAR
RBI/2018-19/84
DBR.BP.BC.No.08/21.04.098/2018-19
November 29, 2018
All Scheduled Commercial Banks
(excluding RRBs)
Dear Sir/Madam,
Basel III Framework on Liquidity Standards –
Net Stable Funding Ratio (NSFR) – Final Guidelines
Please refer to ourcircular DBR.BP.BC.No.106/21.04.098/2017-18 dated May 17, 2018on final Net Stable Funding Ratio (NSFR) guidelines.
2. It ...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1632
|
|
Legal Entity Identifier Code for participation in non-derivative markets
Posted Date : 30-Nov-2018 , 08:08:23 am | Posted By: CASANSAAR
RBI/2018-19/83
FMRD.FMID.No.10/11.01.007/2018-19
November 29, 2018
To
All eligible market participants
Dear Sir/Madam
Legal Entity Identifier Code for participation in non-derivative markets
The Legal Entity Identifier (LEI) code has been conceived of as a key measure to improve the quality and accuracy of financial data systems for better risk management post the Global Financial Crisis. The LEI is a 20-character unique identity code assigned to entities who are parties to a ...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1665
|
|
Relaxation on the guidelines to NBFCs on securitisation transactions
Posted Date : 30-Nov-2018 , 08:07:34 am | Posted By: CASANSAAR
RBI/2018-19/82
DNBR (PD) CC.No.95/03.10.001/2018-19
November 29, 2018
All NBFCs
Madam/Sir,
Relaxation on the guidelines to NBFCs on securitisation transactions
Please refer to the Guidelines on Securitisation Transactions vide paragraph 102 ofMaster Directions on Non-Banking Financial Company - Systemically Important Non-Deposit taking Company and Deposit taking Company (Reserve Bank) Directions dat...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1626
|
|
Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit
Posted Date : 30-Nov-2018 , 08:06:17 am | Posted By: CASANSAAR
RBI/2018-19/81
DBR.Dir.BC.No.09/04.02.001/2018-19
November 29, 2018
All Scheduled Commercial Banks (excluding RRBs)
Small Finance Banks and
Primary (Urban) Cooperative Banks
Dear Sir / Madam,
Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit
Please refer to the operational instructions for the captioned scheme contained in RBI circular on Interest Equalisation S...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1658
|
|
External Commercial Borrowings (ECB) Policy – Review of Hedging Provision
Posted Date : 27-Nov-2018 , 08:25:33 am | Posted By: CASANSAAR
RBI/2018-19/79
A.P. (DIR Series) Circular No.15
November 26, 2018
To
All Category-I Authorised Dealer Banks
Madam / Sir
External Commercial Borrowings (ECB) Policy – Review of Hedging Provision
Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to paragraphs 2.4.2 and 2.5 ofMaster Direction No.5 dated January 1, 2016on “External Commercial Borrowings, Trade Credit, Borrowing and Lending in Foreign Currency by Authorised Dealers and Persons o...
Continue Reading...
Category :
FEMA |
Comments :
0 | Hits : 1409
|
|
Father’s name non-mandatory in PAN application form - CBDT
Posted Date : 20-Nov-2018 , 10:14:18 pm | Posted By: CASANSAAR
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
Notification No. 82/2018
New Delhi, the 19th November, 2018
G.S.R. 1128(E).—In exercise of the powers conferred by section 139A read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend theIncome-tax Rules, 1962, namely:—
1. Short, title and commencement.__(1) These rules may be called theIncome–tax (Tw...
Continue Reading...
Category :
CBDT |
Comments :
0 | Hits : 1525
|
|
Value Free Transfer (VFT) of Government Securities – Guidelines
Posted Date : 17-Nov-2018 , 08:38:19 am | Posted By: CASANSAAR
RBI/2018-19/78
IDMD.CDD.No.1241/11.02.001/2018-19
November 16, 2018
All SGL/CSGL Account holders
Madam/Sir,
Value Free Transfer (VFT) of Government Securities – Guidelines
A reference is invited to Notification No.183 dated September 05, 2011 on eligibility criteria and operational guidelines for Subsidiary General Ledger (SGL) / Constituent Subsidiary General Ledger (CSGL)/ accounts(as amende...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1304
|
|
Real Time Gross Settlement (RTGS) System - Implementation of Positive Confirmation
Posted Date : 15-Nov-2018 , 10:32:13 pm | Posted By: CASANSAAR
RBI/2018-19/76
DPSS (CO) RTGS No.1049/04.04.016/2018-19
November 15, 2018
The Chairman / Managing Director / Chief Executive Officer
of member banks participating in RTGS
Madam / Dear Sir,
Real Time Gross Settlement (RTGS) System - Implementation of Positive Confirmation
Presently, the National Electronic Funds Transfer (NEFT) system provides for sending a positive confirmation to the remitter of the funds regarding completion of the funds transfer, thus giving an assurance to t...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1295
|
|
MCA notifies National Financial Reporting Authority (NFRA) Rules, 2018
Posted Date : 15-Nov-2018 , 12:34:59 pm | Posted By: CASANSAAR
G.S.R. (E)… –In exercise of the powers conferred under sub-sections (2) and(4) of section 132, sub-section (1) of section 139 and sub-section (1) of section 469 ofthe Companies Act, 2013 (18 of 2013), the Central Government hereby makes thefollowing rules, namely,-...
Continue Reading...
Category :
Companies Act |
Comments :
0 | Hits : 1260
|
|
MCA extends Annual Filing ROC Returns Due Date to 31.12.2018
Posted Date : 31-Oct-2018 , 08:27:57 am | Posted By: CASANSAAR
Keeping in view the requests received from various stakeholders seeking extension of time for filing of financial statementsfor the financial year ended 31.03.2018on account of various factors , it has been decided to relax the additional fees payable by companies on e-forms AOC-4, AOC (CFS) A0C-4 XBRL and e- Form MGT-7 upto31.12.2018,wherever additional fee is applicable.
CLICK ON THE LINK FOR CIRCULAR...
Continue Reading...
Category :
Corporate Laws |
Comments :
0 | Hits : 1215
|
|
Payments Bank and Small Finance Banks– access to Call/Notice/Term Money Market
Posted Date : 30-Oct-2018 , 09:09:19 am | Posted By: CASANSAAR
RBI/2018-19/68
FMRD.DIRD.09/14.01.001/2018-19
October 29, 2018
All Eligible Market Participants
Madam/Sir,
Payments Bank and Small Finance Banks– access to Call/Notice/Term Money Market
A reference is invited toMaster Direction No.2/2016-17, dated July 7, 2016on Money Market Instruments. A reference is also invited to the Guidelines for Licensing of Payments Banks andGuidelines for Licensing of Small Finance Banks in the Private Sector, dated November 27, 2014.
2. It is ...
Continue Reading...
Category :
RBI |
Comments :
0 | Hits : 1056
|
|
Procedure in respect of GST return of time expired drugs or medicines
Posted Date : 29-Oct-2018 , 08:52:55 am | Posted By: CASANSAAR
Various representations have been received seeking clarification on the procedure to be followed in respect of return of time expired drugs or medicines under the GST laws. The issues raised in the said representations have been examined and to ensure uniformity in the implementation of the law across the field formations, the Board, in exercise of its powers conferred under section 168(1) of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as the “CGST Act”) her...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 963
|
|
Casual taxable person registration & recovery of excess ITC distributed by ISD
Posted Date : 29-Oct-2018 , 08:51:45 am | Posted By: CASANSAAR
Representations have been received seeking clarification on certain issues under the GST laws. The same have been examined and the clarifications on the same are as below:...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1011
|
|
GST Refund - Deficiency memo & Receipt of capital goods under EPCG
Posted Date : 29-Oct-2018 , 08:50:35 am | Posted By: CASANSAAR
The Board is in receipt of representations seeking clarification on certain issues relating to refund. In order to clarify these issues and to ensure uniformity in the implementation of the provisions of law across the field formations, the Board, in exercise of its powers conferred by section 168 (1) of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as the “CGST Act”), hereby clarifies the issues as detailed hereunder:...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1112
|
|
Processing of Applications for Cancellation of GST Registration submitted in FORM GST REG-16
Posted Date : 29-Oct-2018 , 08:49:00 am | Posted By: CASANSAAR
The Board is in receipt of representations seeking clarifications on various issues in relation to processing of the applications for cancellation of registration filed by taxpayers in FORM GST REG-16. In order to clarify these issues and to ensure uniformity in the implementation of the provisions of law across the field formations, the Board, in exercise of its powers conferred by section 168 (1) of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as the “CGST Act&rd...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 1037
|
|
Extension of due date of filing Form GST ITC-04 to 31.12.2018 for period July, 17 to Sep, 18
Posted Date : 29-Oct-2018 , 08:47:07 am | Posted By: CASANSAAR
G.S.R… (E). - In pursuance of section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) and sub-rule (3) of rule 45 of the Central Goods and Services Tax Rules, 2017 (hereinafter referred to as the said rules), and in supercession of the notification of the Government of India in the Ministry of Finance, Department of Revenue No. 40/2018-Central Tax, dated the 4th September, 2018, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide num...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 989
|
|
GST registration cancelled before 30.09.2018 -furnish GSTR-10 till 31.12.2018: CBIC
Posted Date : 29-Oct-2018 , 08:45:47 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’), read with section 45 of the said Act and rule 81 of the Central Goods and Services Tax Rules, 2017 (hereinafter referred to as the said rules), the Central Government, on the recommendations of the Council, hereby notifies the persons whose registration under the said Act has been cancelled ...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 906
|
|
Due date of filing Form GST ITC-04 for period July, 17 to Sep 18 extended to 31.12.2018
Posted Date : 26-Oct-2018 , 10:28:44 pm | Posted By: CASANSAAR
MINISTRY OF FINANCE
(Department of Revenue)
CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
Notification No. 59/2018 – Central Tax
New Delhi, the 26th October, 2018
G.S.R. 1071(E).—In pursuance of section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) and sub-rule (3) of rule 45 of the Central Goods and Services Tax Rules, 2017 (hereinafter referred to as the said rules), and in supercession of the notification of the Government of India in the Ministry of Fin...
Continue Reading...
Category :
GST |
Comments :
0 | Hits : 980
|
|
|
|
