Disclosure of benefit/premium illustration for Health insurance policies is
PFRDA·28 Dec 2020·Circular·PFRDA/2020/55/SUP-ASP/2
Online exit process for NPS subscribers associated with Points of Presence
National Pension System subscribers associated with Points of Presence can now submit withdrawal documents and authorize exit requests online using OTP or e-sign.
Instructions and Clarifications on Circulars issued under the IFSC (Banking) Regulations, 2020 (last updated on February 11, 2021)
CBDT·24 Dec 2020·Notification·Notification No. 91/2020
Income Tax Exemption Notification for Yamuna Expressway Industrial Development Authority
The Central Government notifies specified income of the Yamuna Expressway Industrial Development Authority under clause (46) of section 10 of the Income-tax Act, 1961.
Revision in Annual Fee paid by Pension Funds under PFRDA (Pension Fund) Regulations, 2015 and subsequent amedments thereto
CBIC-GST·22 Dec 2020·Notification·Notification No 92/2020-Central Tax
Enforcement of Finance Act 2020 Sections 119 to 131
The Central Government appoints the 1st day of January 2021 as the date for sections 119, 120, 121, 122, 123, 124, 126, 127 and 131 of the Finance Act, 2020 to come into force.
CBIC-GST·22 Dec 2020·Notification·93/2020-Central Tax
Waive late fee for FORM GSTR-4 filing in UT of Ladakh for FY 2019-20
The Central Board of Indirect Taxes and Customs waives the late fee for the delay in furnishing FORM GSTR-4 for the Financial Year 2019-20.
Extension of Section 10A Suspension Period under Insolvency Code
The Central Government notifies a further period of three months from the twenty-fifth day of December, 2020, for the purposes of section 10A of the Insolvency and Bankruptcy…
CBIC-GST·15 Dec 2020·Circular·Circular No.144/14/2020-GST
Waiver from recording of UIN on invoices for April 2020 to March 2021
The Central Board of Indirect Taxes and Customs waives the requirement to record a Unique Identity Number on invoices issued by retailers and suppliers for the period from April…
Sharing of Tax Information with Haryana Government
The Central Government specifies the Secretary of the Citizen Resources Information Department of the Government of Haryana to receive income-tax assessee information.
CBIC-GST·14 Dec 2020·Notification·91/2020 – Central Tax
Extension of Due Dates for Anti-Profiteering Compliances Under GST
The Government extends the due dates for compliances and actions in respect of anti-profiteering measures under the Central Goods and Services Tax Act.
IFSCA·11 Dec 2020·Circular·F.No. 110-1/IFSCA/Banking Regulation/2020-21/6
Guideline on Net Worth Determination for Qualified Individuals
Banking Units must follow new guidelines to determine the net worth of Qualified Individuals and Qualified Resident Individuals before opening deposit accounts.
IFSCA·11 Dec 2020·Circular·F.No.110/IFSCA/Banking Regulation/2020-21/5
The International Financial Services Centres Authority issues prudential regulatory requirements for Banking Units operating in IFSCs.
IFSCA·11 Dec 2020·Circular·F. No. 113/IFSCA/CMD-TMCM/2020-21
Foreign Entity Membership in IFSC Stock Exchanges and Clearing Corporations
Eligible foreign entities may set up branch offices in the International Financial Services Centre to operate as stock brokers and clearing members.
IFSCA·09 Dec 2020·Circular·F. No. 81/IFSCA/AIFs/2020-21
Alternative Investment Funds in IFSC Operating Norms
The International Financial Services Centres Authority amends the operational norms for Alternative Investment Funds in International Financial Services Centres.
IRDAI·09 Dec 2020·Circular·IRDAI/INSP/CIR/293/12/2020
Maintenance of records under IRDAI Investigation Regulations 2020
The Insurance Regulatory and Development Authority of India announces the notification of the IRDAI Minimum Information Required for Investigation and Inspection Regulations 2020.
