Search Results for Tag : remittance
Notifications & Circulars
Remittances to International Financial Services Centres in India under the Liberalised Remittance Scheme(16.02.2021)
1. Please refer to the Statement on Development and Regulatory Polices announced as part of the Bi-monthly Monetary Policy Statement dated February 05.....
Tags : Financial markets, Remittances, IFSC
Judgments
No penalty is leviable under Section 271C of IT Act on mere delay in remittance of TDS after it is deducted by assessee.(10.04.2023)
Assessees have preferred the present appeals feeling aggrieved and dissatisfied with the impugned judgment passed by the High Court confirming the lev.....
Tags : Remittance, TDS, Delay
Remittances to International Financial Services Centres (IFSCs) under the Liberalised Remittance Scheme (LRS)(10.07.2024)
1. Attention of Authorised Persons is invited to A.P. (DIR Series) Circulars, i.e., No.11 dated February 16, 2021, No.03 dated April 26, 2023, and No......
Tags : Remittances, IFSCs, LRS
News
SC: No Penalty Under S.271C of IT Act for Mere Delay in Remittance of TDS(11.04.2023)
Supreme Court while observing that words used in Section 271C(1)(a) are ‘fails to deduct’, and the same doesn’t speak about belated remittance of TDS,.....
Tags : Supreme Court, TDS, Remittance, Income Tax Act
Compilation of R-Returns: Reporting under FETERS(11.02.2016)
The Reserve Bank of India notified modifications to guidelines for submission of data under the Foreign Exchange Transactions Electronic Reporting Sys.....
Tags : Feters, online, remittance reporting, purpose code
Foreign Exchange Management (Remittance of Assets) Regulations, 2016(28.04.2016)
The Reserve Bank of India notified the Foreign Exchange Management (Remittance of Assets) Regulations 2016. The Regulations will be applicable in inst.....
Tags : remittance, foreign exchange, nri
Import-export payments facilitated by OPGSP(24.09.2015)
Reserve Bank of India has permitted AD Category-1 banks to offer the facility of repatriating import related remittances, in respect of import of good.....
Tags : Bank, import, remittance, online payment
Liberalised Remittance Scheme for Resident Individuals - Reporting(17.06.2021)
1. Attention of all Authorised Dealer Category - I (AD Category - I) banks is invited to A. P. (DIR Series) Circular No. 106 dated May 23, 2013, in te.....
Tags : Liberalised Remittance, Scheme, Reporting
Remittance of Refund Amounts to Investors of PACL(10.10.2018)
SEBI in compliance of the order dated February 02, 2016 of the Hon'ble Supreme Court of India in the matter of Subrata Bhattacharya V. Securities and .....
Tags : Remittance, Refund Amounts, Investors
Release of foreign exchange for Miscellaneous Remittances(03.07.2024)
1. In terms of the direction issued under the A.P.(DIR Series) Circular No. 16 dated September 12, 2002, A.P.(DIR Series) Circular No. 55 dated Decemb.....
Tags : Release, Foreign exchange, Miscellaneous Remittances
Remittances to International Financial Services Centres (IFSCs) under the Liberalised Remittance Scheme (LRS)(22.06.2023)
1. Attention of Authorised Persons is invited to A.P. (DIR Series) Circular No. 11 dated February 16, 2021 and A.P. (DIR Series) Circular No. 03 dated.....
Tags : Remittances, IFSCs, LRS