IBBI (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019
IRDAI·19 Nov 2019·Circular·IRDAI/ INT/ CIR/ ORD/20{/ 11/ 2019
Withdrawal of Indian Owned and Controlled Condition for Intermediaries
The Insurance Regulatory and Development Authority of India withdraws specific regulatory instructions on Indian owned and controlled conditions for insurance intermediaries.
CBIC-GST·18 Nov 2019·Circular·Circular No. 124/43/2019 - GST
Clarification on Optional Filing of Annual Return for FY 2017-18 and 2018-19
This circular clarifies the optional filing of annual returns in FORM GSTR-9 and FORM GSTR-9A under notification No. 47/2019-Central Tax for registered persons with an aggregate…
The Central Board of Direct Taxes amends the Income-tax Rules, 1962, to introduce rules, statements, and certificates for tax deduction at source under sections 194M and 194N.
Insolvency and Liquidation Proceedings for Large NBFCs
The Central Government directs that insolvency resolution and liquidation proceedings of non-banking finance companies, including housing finance companies, with an asset size of…
Commencement of Provisions for Personal Guarantors to Corporate Debtors
The Central Government appoints the 1st day of December, 2019 as the date on which specific provisions of the Insolvency and Bankruptcy Code, 2016 come into force.
CBIC-GST·14 Nov 2019·Notification·52/2019 – Central Tax
Extend GSTR-1 Due Date for Jammu and Kashmir July-September 2019
The Central Government extends the due date for furnishing FORM GSTR-1 for registered persons in the State of Jammu and Kashmir.
53/2019-Central Tax : Seeks to extend the due date for furnishing of return in FORM GSTR-1 for registered persons in Jammu and Kashmir having aggregate turnover more than 1.5 crore rupees for the months of July, 2019 to September, 2019.
54/2019-Central Tax : Seeks to extend the due date for furnishing of return in FORM GSTR-3B for registered persons in Jammu and Kashmir for the months of July, 2019 to September, 2019.
CBIC-GST·14 Nov 2019·Notification·Notification No. 55/2019 – Central Tax
GSTR-7 Return Due Date Extension for Jammu and Kashmir
The Central Board of Indirect Taxes and Customs extends the due date for furnishing return in FORM GSTR-7 for registered persons in Jammu and Kashmir.
CBIC-GST·14 Nov 2019·Notification·Notification No. 56/2019 – Central Tax
CGST Rules Seventh Amendment 2019 for Annual Return
The Central Board of Indirect Taxes and Customs amends the Central Goods and Services Tax Rules, 2017 to simplify the annual return and reconciliation statement.
RBI·13 Nov 2019·Notification·FEMA 5 (R)/(3)/2019-RB
Foreign Exchange Management Deposit Third Amendment Regulations 2019
The Reserve Bank of India amends the Foreign Exchange Management (Deposit) Regulations, 2016 to update rules for Special Non-Resident Rupee accounts.
RBI·13 Nov 2019·Notification·FEMA 14(R)/(1)/2019-RB
FEMA Manner of Receipt and Payment Amendment Regulations 2019
The Reserve Bank of India amends the Foreign Exchange Management (Manner of Receipt and Payment) Regulations, 2016 to include Special Non-Resident Rupee accounts for trade…
CBDT·13 Nov 2019·Notification·Notification No. 97/2019
Corrigendum to Notification No. 40/2009 for Diabetes Research Centre Foundation
The Central Board of Direct Taxes issues a corrigendum to update the name of an approved organization in a prior notification.
Clarification on Input Tax Credit Restriction under Rule 36(4)
Taxpayers calculate and restrict the availment of input tax credit on a self-assessment basis when suppliers do not upload invoice details under section 37(1).
Income Tax 13th Amendment Rules 2019 for Delhi Unauthorised Colonies
The Central Board of Direct Taxes issues the Income Tax (13th Amendment) Rules, 2019 to exempt certain property transactions from income tax provisions.
