Statutory updates

Schedules and Sampling Methodology for Five All-India Surveys

The Ministry of Labour and Employment holds two-day consultative sessions to finalize the schedules and sampling methodology for five All-India Surveys.

Rural Insurance data formats

Website Owned and belongs to Insurance Regulatory and Development Authority of India.

Communications on Basic Information on Health Insurance Policies

All general and health insurers must communicate basic policy information to policyholders twice every year.

04/2021-Central Tax : Seeks to extend the time limit for furnishing of the annual return specified under section 44 of CGST Act, 2017 for the financial year 2019-20 till 31.03.2021.

Extension of Time Limits for Income-tax and Benami Property Actions

The Central Government extends time limits for specific actions under the Income-tax Act, 1961 and the Prohibition of Benami Property Transaction Act, 1988.

Consumer Price Index for Industrial Workers - January 2021

The All-India Consumer Price Index for Industrial Workers for January 2021 decreases to 118.2 points from 118.8 points for December 2020.

Extension of Dates under Direct Tax Vivad se Vishwas Act 2020

The Central Government amends notification number 85 of 2020 to extend specific dates under the Direct Tax Vivad se Vishwas Act 2020.

Prudent Management of Financial Resources of Insurers: Dividend and Solvency

The Authority withdraws the circular dated 24th April 2020 with immediate effect.

Framework for Recognition of a Custodian of Assets or Securities

This framework establishes the mechanism for recognition of a custodian of assets or securities within the International Financial Services Centre.

Exemption from Aadhaar Authentication for Specified Persons

The Central Government exempts specified persons from the provisions of sub-section (6B) or sub-section (6C) of section 25 of the Central Goods and Services Tax Act, 2017.

Clarification on Dynamic QR Code for B2C Invoices

This circular clarifies the application of Dynamic Quick Response Code rules on business-to-consumer invoices under Notification No. 14/2020-Central Tax.

Implementation of e-SHRAM Card Scheme for Unorganised Workers

The Ministry of Labour and Employment implements the eSHRAM portal as a national database for unorganised workers.

NCLT Benches Physical Hearing Order

All National Company Law Tribunal Benches start regular physical hearings from March 1 2021.

Training of Trainers for Five All-India Surveys

The Labour Bureau organises a training of trainers program for five All-India Surveys on domestic workers, migrant workers, professional employment, transport sector employment…

Exemption for Haryana State Pollution Control Board Income

The Central Government notifies specified income of the Haryana State Pollution Control Board for income tax exemption under section 10 clause 46 of the Income-tax Act, 1961.

EPFO Net Subscriber Additions for December 2020

The provisional payroll data shows that the Employees' Provident Fund Organisation adds 12.54 lakh net subscribers in December 2020.

Consumer Price Index for Agricultural and Rural Labourers - January 2021

The All-India Consumer Price Index Numbers for Agricultural Labourers and Rural Labourers decrease for January 2021.

Framework for Aircraft Operating Lease

This framework regulates aircraft operating lease businesses in International Financial Services Centres by setting eligibility, capital, and registration rules for lessors.