Key highlights from team CaCult

Weekly Key Highlights from team CaCult

(April 2021- Week 4th)

A. Important Updates from last week:

Central Board of Direct Taxes (CBDT):

1. Government extends timelines in view of the pandemic situation.Click here
2. Central government notifies pension fund under section 10.
3. Notification under section 10 of the income tax act. Click here
4. SFT Compliances with respect to interest income: CBDT Notification Click here
5. Notification issued by CBDT with respect to SFT Compliances for dividend income. Click here
6. Central Government specifies the sovereign wealth fund. Click here

Central Board of Indirect Taxes & Customs (CBIC):

1. Anti dumping duty on import of Nylon filament yarn- Notification. Click here
2. Duty free import of injection Remdevisir and others.

Corporate Law:

1. CSR funds for setting up temporary COVID Care facilities.
2. MCA Notification on NCLAT composition.

Reserve Bank of India (RBI):

1. Review of ways and means advances scheme.
2. Declaration of dividend by banks – RBI Notification.
3. launching of quarterly industrial outlook survey.
4.  Review of requirement of counter cyclical capital buffer.

Securities and Exchange Board of India (SEBI):

1. Relaxations related to procedural matters granted by SEBI.

Institute of Chartered Accountants of India (CA Fraternity):

1. Live coaching classes from 10 May 2021 for intermediate.
2. Important date for CA Foundation online exam forms.
3. Correction window for May 2021- Important dates

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