CBDT provides option for filing Double Taxation Avoidance request
CBDT provides that if any individual is facing double taxation even after taking into consideration the relief provided by the respective Double Taxation Avoidance Agreements, he may furnish the information in Form -NR provided in the circular by 31st March, 2021.
New operational guidelines for scheme for ‘Operation Greens’
Project implementation agencies and nodal agencies may undertake projects under the scheme as per the amended guidelines.
Central Motor Vehicles (Fourth Amendment) Rules, 2021
The CNG/Bio-CNG/HCNG vehicles shall meet all the safety requirements as per AIS 24 and AIS 28 (Revision 1), as applicable.
SEBI mandates exchanges to use Unique Client Code for all client transactions on commodity derivative segment.
SEBI has made it mandatory for the members of the exchanges having commodity derivatives segment to use Unique Client Code (UCC) for all clients transacting on the commodity derivative segment.
The Food Safety and Standards (Prohibition and Restrictions on Sales) Third Amendment Regulations, 2021.
The container having Multi-Source Edible Vegetable Oil shall be tamper proof. It shall also not be sold under the common or generic name of the oil used in the blend but shall be sold as – Multi Source Edible Vegetable Oil.
CBIC has reduced the turnover limit for GST e-invoice to Rs.50 crores with effect from 1st April 2021
CBIC has reduced the applicability of GST E-invoicing threshold from Rs.100 Crores to Rs.50 Crores with effect from 1st April 2021.
Ministry of chemicals and fertilizers issues Production Linked Incentive Scheme (PLI) for Pharmaceuticals.
The objective of the scheme is to enhance India’s manufacturing capabilities by increasing investment and production in the sector and contributing to product diversification to high value goods in the pharmaceutical sector.
