Andhra Pradesh Educational Institutions (Establishment, Recognition, Administration and Control of Schools under Private Management) Rules amended

When a private aided school is forced to be closed down for any reason or whenever the management of the school goes out of the way to remove any of its staff members or whenever there is a fall in strength in a private aided school for two successive academic years or whenever an exercise for rationalization of aided staff working in aided institutions is taken up, the competent authority may transfer the aided staff, with or without post, as the case may be to any other needy Private aided school within the district.

RBI notifies amendment to Bharat Bill Payment System (BBPS) guidelines.

The objective of the BBPS is to implement an integrated bill payment system in the country that offers interoperable and accessible bill payment services to customers through a network of agents, enabling multiple payment modes, and providing instant confirmation of payment. Hence, it has been decided that the existing players (both banks & non-banks) catering to the requirements of bill payments as well as aggregation of payment services will be a part of BBPS.

CBIC waves late fees for filing GSTR-4 for FY2021-22.

GSTR-4 is filed annually by the taxpayers registered under the composition scheme. Unlike a normal taxpayer who needs to furnish 3 monthly returns, a dealer opting for the composition scheme is required to furnish only 1 return which is GSTR 4 once in a year by 30th of April, following a financial year.