Monthly Archives: August 2019

GST Annual Return and Audit Date Extended for FY 2017-18

By | August 27, 2019

Ministry of Finance Extension of Due Date to 30th November, 2019 for furnishing ‘Annual Return and Reconciliation Statement’ for FY 2017-18 Posted On: 26 AUG 2019 It is hereby informed that the last date for furnishing of Annual Return in the FORM GSTR-9 / FORM GSTR-9A and Reconciliation Statement in the FORM GSTR-9C for the Financial Year 2017-18 is extended from 31stAugust,… Read More »

Category: GST

GSTR 9, GSTR 9A and GSTR 9C Date Extended to Nov 2019 : Order No. 7/2019 Central Tax

By | August 26, 2019

Order No. 7/2019 Central Tax seeks to remove difficulties regarding filing of Annual returns by extending the due date for filing of Annual return / Reconciliation Statement for the Financial year 2017-18 in FORMs GSTR-9, GSTR-9A and GSTR-9C to 30th November, 2019. Explanation of Order No. 7/2019-Central Tax To be published in the Gazette of… Read More »

Government withdraws enhanced surcharge on tax payable on transfer of certain assets u/s 111A and 112A

By | August 24, 2019

Ministry of Finance Government withdraws enhanced surcharge on tax payable on transfer of certain assets Posted On: 24 AUG 2019 In order to encourage investment in the capital market, it has been decided to withdraw the enhanced surcharge levied by Finance (No. 2) Act, 2019 on tax payable at special rate on income arising from… Read More »

Banks has to enter Aadhaar Number in Bank accounts opened for Direct Benefit Transfer (DBT) Scheme

By | August 23, 2019

Direct Benefit Transfer (DBT) Scheme – Implementation RBI/2019-20/40 FIDD.CO.LBS.BC.No.09/02.01.001/2019-20 August 13, 2019 The Chairmen / Managing Directors & CEOs Scheduled Commercial Banks (including Regional Rural Banks), Small Finance Banks and Payments Banks Madam / Dear Sir, Direct Benefit Transfer (DBT) Scheme – Implementation Please refer to Circular RPCD.CO.LBS.BC.No.75/02.01.001/2012-13 dated May 10, 2013 and RPCD.CO.LBS.BC.No.11/02.01.001/2013-14 dated July 9, 2013regarding… Read More »

Processing of e-mandate on cards for recurring transactions by Banks : RBI Instructions

By | August 23, 2019

RBI/2019-20/47 DPSS.CO.PD.No.447/02.14.003/2019-20 August 21, 2019 The Chairman / Managing Director / Chief Executive Officer All Scheduled Commercial Banks, including Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks / Payments Banks / Small Finance Banks / Card Payment Networks / Prepaid Payment Instrument Issuers Madam / Dear Sir,… Read More »

Category: RBI

Usage of ATMs – Free ATM transactions – Clarifications

By | August 23, 2019

RBI/2019-20/41 DPSS.CO.PD No. 377/02.10.002/2019-20 August 14, 2019 All Scheduled Commercial Banks including Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks / Small Finance Banks / Payment Banks / White Label ATM Operators Madam / Sir, Usage of ATMs – Free ATM transactions – Clarifications Please refer to… Read More »