TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUBSECTION (ii) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, the 25th of July, 2018 NOTIFICATION In pursuance of sub-clause (ii) of clause (a) of sub-section (1) of section 138 of the Income-tax Act,… Read More »
New utilities to File Income Tax Return Video Explanation by CA Satbir Singh in Hindi Consequent to changes made in Income tax return filing utilities on account of due date extension (to 31.08.2018) and schema changes for AY 2018-19, Please note the below 1. Saved Drafts will not be available. In case of Online ITR… Read More »
Key features of New GST Monthly Returns CBIC has Placed new GST Returns and formats in public domain on 30.07.2018 [Video] New GST Monthly Returns Process Explained by CA Satbir Singh Background of New GST Monthly Returns GST Council in its 27th meeting held on 4 thMay, 2018 had approved the basic principles of GST return… Read More »
Liquidity Adjustment Facility – Repo and Reverse Repo Rates RBI/2018-2019/31 FMOD.MAOG. No.126 /01.01.001/2018-19 August 1, 2018 All Scheduled Commercial Banks (excluding RRBs), Scheduled Urban Co-operative Banks and Standalone Primary Dealers Madam/Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced in the Third Bi-monthly Monetary Policy Statement, 2018-19 today, it has been decided by the… Read More »
Marginal Standing Facility RBI/2018-2019/30 FMOD.MAOG.No.127/01.18.001/2018-19 August 1, 2018 All Scheduled Commercial Banks (excluding RRBs) Madam/Sir, Marginal Standing Facility As announced in the Third Bi-monthly Monetary Policy Statement, 2018-19 today, it has been decided by the Monetary Policy Committee (MPC) to increase the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.25… Read More »
RBI/2018-19/32 DBR.No.Ret.BC.03/12.01.001/2018-19 August 1, 2018 The Chairperson / CEOs of all Scheduled and Non Scheduled Banks Dear Sir / Madam, Change in Bank Rate Please refer to our circular DBR.No.Ret.BC.107/12.01.001/2017-18 dated June 6, 2018 on the captioned subject. 2. As announced in the Third Bi-Monthly Monetary Policy Statement 2018-19 dated August 1, 2018, the Bank Rate stands adjusted… Read More »
Standing Liquidity Facility for Primary Dealers RBI/2018-19/33 REF. No. MPD.BC. 384/07.01.279/2018-19 August 01, 2018 All Primary Dealers, Standing Liquidity Facility for Primary Dealers In the Third Bi-monthly Monetary Policy Statement 2018-19 of the Monetary Policy Committee (MPC), the repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 25 basis points to 6.50 per… Read More »