Statutory updates

Specify 2726247 Ontario Inc. as Specified Person for Section 10(23FE)

Official title: notification no. 84/2021 f. no. 370142/13/2021 tpl part 1 / so 3114 e

29/2021-Central Tax : Seeks to notify section 110 and 111 of the Finance Act, 2021 w.e.f. 01.08.2021.

Central Goods and Services Tax Sixth Amendment Rules 2021

Official title: 30/2021-Central Tax : Seeks to amend Rule 80 of the CGST Rules, 2017 and notify Form GSTR 9 and 9C for FY 2020-21. Rule 80 provides for exemption from GSTR-9C to taxpayers having AATO upto Rs. 5 crores.

Exemption from Furnishing Annual Return for FY 2020-21 for Taxpayers with Turnover up to Rs. 2 Crores

Official title: 31/2021-Central Tax : Seeks to exempt taxpayers having AATO upto Rs. 2 crores from the requirement of furnishing annual return for FY 2020-21.

Accounting Standard to be followed by IBUs for Regulatory Reporting

Official title: Accounting Standard to be followed by IBUs for the purpose of IFSCA regulatory reporting and compliance

All India Consumer Price Index for Industrial Workers for June, 2021.

Upload of Overdue Contribution Files under APY

Withdrawal of Guidelines on Indian owned and controlled

Official title: Withdrawal of Guidelines on Indian owned and controlled, Jul 2021

Income-tax 21st Amendment Rules, 2021

Official title: notification no. 83/2021 f. no. 370142/30/2021 tpl / gsr 514 e income tax 21st amendment rules 2021

FDI Policy Review for Petroleum and Natural Gas Sector

Official title: Press Note No. 3 (2021 Series) : Review of Foreign Direct Investment (FDI) policy on Petroleum &