Income Tax Department conducts searches in Maharashtra

RELEVANT EXTRACT  The Income Tax Department carried out search and seizure operations on  27.10.2021 at the Headquarter and one of the branches of an Urban Credit Cooperative  Bank located in Maharashtra. The residence of the Chairman and one of its directors were  also covered. The

Investment by Foreign Portfolio Investors (FPIs) in Debt – Review

RELEVANT EXTRACT  Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to Schedule 1 to the Foreign Exchange Management (Debt Instruments) Regulations, 2019 notified vide Notification No. FEMA.396/2019-RB dated October 17, 2019, as amended from time to time and the relevant Directions issued thereunder. 2.

Vacancy For Graduate/ Post Graduate/CA – INTER As Associate Analyst I-Control & Compliance With Colgate – Palmolive At Mumbai

1. Vacancy For Graduate/ Post Graduate/CA – INTER As Associate Analyst I-Control & Compliance With Colgate - Palmolive At Mumbai 2. Vacancy For CA Fresher As Executive – Assurance – FS – Audit Services With Ernst and Young At Mumbai 3. Vacancy For B. COM

Vacancy For Fresher CA As Analyst- General Ledger With DeliverHealth At Bangalore

1. Vacancy For Fresher CA As Analyst- General Ledger With DeliverHealth At Bangalore 2. Vacancy For CA/CPA As Executive Financial Control SAF With Macquarie Group Limited At Gurgaon 3. Vacancy For Fresher B. COM/ MBA As Junior Associate With Iron Mountain At Bangalore 4. Vacancy

Income Tax Department conducts searches in Rajasthan

RELEVANT EXTRACT  The Income Tax Department carried out search and seizure operations in border  districts of Rajasthan on 28.10.2021 covering 33 premises at different locations, where  the groups are carrying on business of real estate, sand-mining and liquor trade. During the course of the search,

Common and Simplified Norms for processing investor’s service request by RTAs and norms for furnishing PAN, KYC details and Nomination

RELEVANT EXTRACT  As an on-going measure to enhance the ease of doing business for investors in the securities market, the following norms, with respect to the captioned matter, shall be applicable; 1.1.    Common and simplified norms for processing any service request from the holder, pertaining

Income Tax Department conducts searches in Jammu & Kashmir and Punjab

RELEVANT EXTRACT  The Income Tax Department carried out search and seizure operations on 28.10.2021 in the cases of persons engaged in the business of processing & trading of dry fruits. During the search operations, many incriminating documents including digital evidence were found and seized indicating

Reserve Bank of India Commits to Support Greening India’s Financial System- NGFS

RELEVANT EXTRACT  The Reserve Bank of India (RBI) joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as a Member on April 23, 2021, to benefit from the membership of NGFS by learning from and contributing to global efforts on Green

Vacancy For Fresher B. COM/ MBA/M. COM As Jr. Accountant – OtC (JL1) With Volvo Group At Bangalore

1. Vacancy For Fresher B. COM/ MBA/M. COM As Jr. Accountant – OtC (JL1) With Volvo Group At Bangalore 2. Vacancy For CA Fresher/CMA As Finance Assistant Supervisor – PGCS With Pepsico At Channo (Punjab) 3. Vacancy For B. COM/BBM/ M.COM As F&A – R&A

Vacancy For B. COM/BBA/M. COM/MBA As Associate Financial Analyst – Cost Accounting Solutions With Flex At Chennai

1. Vacancy For B. COM/BBA/M. COM/MBA As Associate Financial Analyst – Cost Accounting Solutions With Flex At Chennai 2. Vacancy For Fresher B. COM/BBA As Process Associate – Banking With Genpact At Gurgaon 3. Vacancy For B. COM/M. COM/ CMA/CA Foundation As Senior Process Associate

Vacancy For Post Graduate/MBA/CA/ CFA/FRM As Credit Underwriting Analyst 1 With PayPal At Bangalore

1. Vacancy For Post Graduate/MBA/CA/ CFA/FRM As Credit Underwriting Analyst 1 With PayPal At Bangalore 2. Vacancy For Fresher B. COM/BBA/MBA/ M. COM As Analyst – General Ledger With Flex At Chennai 3. Vacancy For Fresher B. COM As DG Process Associate – AP  With

Income Tax Department conducts searches in Bihar and Jharkhand

RELEVANT EXTRACT  The Income Tax Department carried out search and seizure operation on a prominent  road construction contractor in Bihar and Jharkhand. The search action was initiated on  27.10.2021 at various premises located in Bihar, Jharkhand, Maharashtra, and West Bengal. The searches revealed that the

Announcement by CL&CGC ICAI regarding Further Extension of last date of filing of Cost Audit Report to the Board of Directors under Rule 6(5) of the Companies (Cost Records and Audit) Rules, 2014 to 30th November, 2021

RELEVANT EXTRACT  This is to inform you that the Ministry of Corporate Affairs has further extended the last date of filing of Cost Audit Report for the FY 2020-21 by the Cost Auditor to the Board of Directors of the Companies from 31st October, 2021

Roll out of the new Annual Information Statement (AIS)

RELEVANT EXTRACT  Income Tax Department has rolled out the new Annual Information Statement (AIS)  on the Compliance Portal which provides a comprehensive view of information to a  taxpayer with a facility to capture online feedback. The new AIS can be accessed by  clicking on the

Income Tax Department conducts searches in Tamil Nadu

RELEVANT EXTRACT  The Income Tax Department carried out search and seizure operations in Tamil  Nadu in the case of a group engaged in the manufacturing of animal feeds, poultry  farming, edible oils and export of egg products. The search action in the group was  initiated

Prompt Corrective Action (PCA) Framework for Scheduled Commercial Banks

RELEVANT EXTRACT  Please refer to the circular No. DBS.CO.PPD.BC.No.8/11.01.005/2016-17 dated April 13, 2017 on the Revised Prompt Corrective Action (PCA) Framework for Scheduled Commercial Banks (SCBs). 2. The existing PCA Framework for SCBs has since been reviewed and revised. The revised Framework is provided in the Annex. 3.