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S.no | Description | Relevant links | |||
Section I: Income Tax | |||||
1. | CBDT defered the reporting under clause 30C and clause 44 of the Tax Audit Report till 31.03.2020. | Circular no. 9/2019 dt 14.05.2019 |
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2. | CBDT notifies that declaration in Form 15H will cover Section 87A Rebate also. | Notification no. 41/2019 dt 22.05.2019 |
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3. | Provisions of agreement between the Government of the Republic of India and Marshall Islands given effect in India. | Notification no. 40/2019 dt 21.05.2019 |
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Section II: MCA | |||||
4. | CG makes Investor Education and Protection Fund Authority Amendment Rules 2019 to amend Investor Education and Protection fund Authority Amendment Rules 2016 which shall come into force on the date of publication in the official gazette. | Notification on IEPF Amendment Rules dt 01.05.2019 |
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Section III: RBI | |||||
5. | RBI published “Payment and Settlement Systems in India: Vision 2019 – 2021” that aims at empowering every Indian with access to a bouquet of e-payment options that is safe, secure, convenient, quick and affordable. | Press Release dt 15.05.2019 |
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6. | RBI constitutes a Committee on Currency Movement to review the entire gamut of security of the treasure in transit. | Notification dt 14.05.2019 | |||
7. | RBI notified that the NBFCs with asset size of more than Rs. 50 billion shall appoint a CRO with clearly specified role and responsibilities. | Notification dt 16.05.2019 | |||
8. | RBI to issue new series of ₹10 denomination banknotes bearing the signature of Shri Shaktikanta Das, old notes will continue to be legal tender. | Press Release dt 20.05.2019 | |||
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