FSSAI clarified the tolerance limit in case of insecticides for which MRLs have not been fixed
FSSAI clarified that the tolerance limit in case of insecticides for which MRLs have not been fixed shall be 0.01mg/kg.
Banks are allowed to transfer assets through loan participation agreement
Bank units are allowed to undertake transfer of assets bilaterally through the means of a standard loan participation agreement such as Master Risk Participation Agreement (MRPA).
Bihar Goods and Services Tax (Amendment) Rules, 2021
The Rules provides that a registered person shall not be allowed to furnish the details of outward supplies of goods or services or both under in FORM GSTR1, if he has not furnished the return in FORM GSTR-3B for preceding two months.
CBDT notifies Faceless Penalty Scheme, 2021.
The penalty under this Scheme shall be imposed in respect of such territorial area, or persons or class of persons, or income or class of income or cases or class of cases, or penalties or class of penalties as may be specified by the Board.
CBDT brings in modification and exceptions under the Income Tax Act for the purposes of giving effect to the Faceless Penalty Scheme, 2021.
The income-tax authority or the National Faceless Assessment Centre shall initiate penalty proceedings and issued a show-cause notice for imposition of penalty.
IFSCA extends the timeline for submission of public comments on draft International Financial Services Centres Authority (Aircraft Leasing) Regulations.
A Lessor may conduct its business in an International Financial Services Centre in any mode as permitted by the Authority, including through a subsidiary or a special purpose vehicle or LLP.
