Reserve Bank of India has extended the last date for the submission of Foreign Liabilities and Assets (FLA) Returns -2021 till 31st July,2021. Entities which are filing FLA return for the first time or with revised Unique Identification
Number (UIN) are required to first register themselves to generate the login credentials. Then they shall proceed with the filing of FLA Return. Entities which have already registered can submit their FLA Return directly using their
earlier login credentials.
The Karnataka Government updates minimum wages and VDA for shops and commercial establishments, effective from April 1, 2025, to March 31, 2026.
The Himachal Pradesh VAT Amendment Act, 2024 updates payment, appeal, and enforcement processes to improve VAT administration and enhance compliance
Assam issues VDA for workers handling urea bags, effective July 1, 2024, reflecting CPI increase, with adjustments in wages for mechanized filling loading tasks
February 2025 sees a drop in overall inflation to 3.61%, driven by a significant reduction in food inflation, offering relief to rural and urban consumers.
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