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Monday, 18 January 2021

18 January 2021 News and Updates

18th January 2K21

Ø Bank credit grows 3.2 pc in first nine months of FY21
Ø Record construction of 534 km of national highways in one week: Government
Ø Banks parked Rs 2 trillion excess cash amid RBI signalling
Ø Indian economy may contract 25 per cent in current fiscal: Economist Arun Kumar
Ø Excise duty collection jump 48 per cent this fiscal on record hike in taxes on petrol, diesel
Ø DHFL resolution: Lenders approve Piramal's bid
Ø Banks to get 33% of dues spread over five years from DHFL resolution
Ø BharatPe raises Rs 139 crore in debt from Alteria Capital, ICICI Bank
Ø Franklin Templeton MF's 6 shut schemes generate Rs 13,789 cr since closure
Ø Metropolis Healthcare to buy Hitech Diagnostic Centre in a cash, stock deal
Ø Plea in Delhi High Court against Lakshmi Vilas Bank and DBS merger
Ø Newsprint cost up 20%; publishers seek duty waiver, govt support
Ø Govt targets to complete 11,000 km of national highways this fiscal
Ø Aurobindo Realty to buy 41.12 per cent stake in Kakinada Seaports
Ø IBBI moves the governance needle on IPAs
Ø HFCL to ramp up cable production by 30% in six months
Ø JNPT plans to attract ₹4,000 cr investment, to generate 72,600 direct jobs
Ø Rakesh Jhunjhunwala-backed Nazara becomes first Indian gaming firm to file IPO
Ø Govt procures paddy worth ₹1.06 lakh cr so far this kharif season
Ø GST scam: Haryana police recovers ₹112 crore; 89 arrested
Ø Lebanon signs with Pfizer for 2.1 million vaccine doses
Ø RBI remains steadfast to take any further measures to support growth: Shaktikanta Das
Ø Demand to rationalise GST on food delivery business to 5 per cent
Ø Road to Recovery: Imports rise for the first time in 10 months
Ø ‘World pharmacy’ India invited to UK’s G-7 meet
Ø Work on Chabahar port fast-paced as India begins handing over cranes to Iran

Ø  Indian Banks to be resilient even if there is a 15% run on deposits: RBI report
Ø  Essar Oil UK, Progressive Energy to set up £750 million hydrogen unit in UK
Ø  FSDC sub-committee reviews developments in economy
Ø  MCA permits funds spent by corporates on Covid vaccination drive awareness to count as CSR activity
Ø  Sterlite Power completes merger of Sterlite Power Grid Ventures with itself
Ø  Coal India raises capex budget by 30% to Rs 13,000 crore for FY21
Ø  Infosys posts 16.6% net profit growth in Dec quarter, revises FY21 guidance
Ø  Pension assets under management at Rs 5.49 trn as of Dec 2020: PFRDA
Ø  Mutual Funds and FPIs were among the biggest traders of govt debt in 2020
Ø  Govt approves proposal for mineral reforms to boost production: Report
Ø  Need to increase capital outlay in road sector by at least 15%: Icra
Ø  Sebi reduces application and registration fee for investment advisors
Ø  Adani offers to buy out Bidvest, ACSA from MIAL for₹1,586cr
Ø  Corporate funding in Solar sector up 24%: Report
Ø  CARE lowers Centre’s fiscal deficit projection to 7.8% of GDP
Ø  Tobacco farmers seek withdraw of COTPA Amendment Bill
Ø  Tata Motors expects Altroz iTurbo to rev up sales volume
Ø  Tiger Global, others invest $50 m in edtech platform Unacademy
Ø  WHO awaits Serum Institute data to recommend Covid-19 vaccine for international use
Ø  Government to raise ₹2,600 crore through stake sale in SAIL
Ø  Mahindra sheds 'redundant' jobs at its North American subsidiary
Ø  SEBI restrains business news anchor Hemant Ghai, family from trading
Ø  IPO action kickstarts in 2021 with govt-run IRFC issue
Ø  Volkswagen sold 9.3 million cars in pandemic year, down 15%
Ø  Advisory clients cannot be charged broking fees: Sebi tells HDFC Securities 
Ø  Infosys to acquire assets, onboard employees of Australia’s Carter Digital
Ø  Cabinet approves proposal for mineral reforms: Sources
Ø  Wipro Q3 net profit up 20.8 per cent to Rs 2,968 cr
Ø  Tesla reportedly in touch with five more states to set up operations in India
Ø  Signal, Telegram grab 40 lakh new users in India amid WhatsApp row

Ø  Company incorporations grow 20% year-on-year during April-December 2020: MCA
Ø  US-India Business Council selects Kiran Mazumdar-Shaw as one of the vice chairs
Ø  Indian apparel exports to be on growth path: ICRA
Ø  PV sales in India at ten-year low, industry working hard to regain volumes: SIAM
Ø  Govt notifies modified scheme on ethanol production
Ø  Gem & Jewellery exports in Dec grows 6.3% to $2.49 billion
Ø  DoT pares telecom revenue estimate by 70% to Rs 40,000cr
Ø  Amazon urges Sebi not to issue NOC for $3.4 bn Future-Reliance deal
Ø  Indiabulls Housing Finance in talks with PEs to sell 15-20% stake
Ø  NBFCs urge RBI to relax compliance rules as they convert into banks
Ø  SBI lists issuance of $600 mn foreign currency bonds on India INX
Ø  US unemployment claims jump to 965,000 as Covid-19 virus takes toll
Ø  L&T's construction arm receives multiple orders in domestic market
Ø  Wholesale inflation down to 1.22% in December
Ø  Automobile sales register 14 per cent growth in December
Ø  NTPC arm makes 50 MW solar project in Kasargod commercially operational
Ø  Indigo Paints IPO to open on Jan 20, sets price band of ₹1,488-1,490 per equity share
Ø  HUL board to consider Q3 results on January 27
Ø  Rapyd raises $300 mn in funding from Coatue, Tiger Global, others
Ø  Delta calls 2021 year of recovery after first loss in 11 years
Ø  Dow, Nasdaq hit record highs as focus turns to Biden's stimulus plan
Ø  Google completes $2.1 billion acquisition of Fitbit
Ø  BlackRock profit beats expectations as assets reach record high
Ø  Budget session to begin from 29 January, Finance Bill to be tabled on 1 February
Ø  UBS Fund pursues $400 million stake in SoftBank-backed Paytm
Ø  German economy shrank 5% in pandemic year 2020
Ø  China 2020 exports up despite virus; surplus surges to $535 billion
Ø  EIU report: Vietnam rises as an alternative to China, beating India
Ø  About 3 lakh healthcare workers to get Covid-19 vaccine shots on January 16


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⚫PM announced the launch of Rs 1,000-crore 'Startup India Seed Fund' to support startups & help budding entrepreneurs pursue innovative ideas.
⚫With economic recovery starting in Sept 2020 & the uncertainty of new coronavirus strains, the startups and MSMEs are seeing growth for their business and the necessary funds as the top challenge. 
⚫The RBI is likely to propose stricter regulatory norms for shadow banks in a bid to strengthen solvency and sustainability of a sector that has been showing signs of stress in recent years. RBI began trying to move towards tighter norms for the sector after Infrastructure Leasing & Financial Services went bankrupt in 2018, and Dewan Housing Finance Corp & Altico Capital defaulted on payments in 2019.
⚫India gave coronavirus vaccine to more than 190,000 health workers across the country on the 1st day of vaccination drive, which went off fairly smoothly barring software glitches that delayed the exercise at many centres, a few minor adverse events following immunisation, and some doctors refusing to take the Covaxin shot.There was no post-vaccination hospitalisation reported in any of the centres.
⚫Former civil servants wrote an open letter to PM raising questions over transparency in the PM-CARES Fund, for reasons of probity and adherence to standards of public accountability, the financial details of receipts & expenditures be made available in order to avoid doubts of wrongdoing.
⚫Excise duty jumped 48% in the current fiscal on the back of a record increase in taxes on petrol & diesel. Corporation tax is down 35% at Rs 185,699 crore and income tax collection is 12% lower at Rs 235038 crore, the CGA data showed.
⚫Bank credit grew 3.2% to Rs 107.05 lakh crore in the first nine months of the current financial year, against a growth of 2.7% registered in the corresponding period of 2019-20. In the fortnight ended March 27, 2020, bank advances stood at Rs 103.72 lakh crore. Bank deposits rose 8.5% to Rs 147.27 lakh crore in the April-Dec 2020 period as against an increase of 5.1% a year ago.
⚫The finance ministry is looking at other avenues for affordable capital infusion, including setting up of a Bank Investment Company, as the RBI has raised concern over the issuance of zero coupon bonds for recapitalisation of public sector banks.
⚫India vaccinated over 17000 healthcare workers in 553 sessions on the second day of the Covid vaccination drive across six states, taking the total number of vaccinations to 224301. There were more than 400 adverse events following the jab, such as fever, headache and nausea.
⚫The road ministry said that a record 534 km of national highways was constructed in one week, beginning Jan 8, 2020. The ministry is hopeful that with such pace it should be able to cross construction target of 11000 km by March 31.

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👉🏻Names of Audit Firms approved for appointment as Statutory Central Auditors
(Names of Audit Firms approved for appointment as Statutory Central Auditors in the 12 Public Sector Banks for FY 2020-21)
👇🏻 👇🏻 👇🏻
http://bit.ly/35Hslng

👉🏻Applications for Empanelment of Special Auditors by Income Tax Department Kerala
(I.Tax Dept Kerala invites application from CA Firms for empanelment as Special Auditors to carry out audit in accordance with the provisions of sec. 142(2A) of I.T. Act, 1961)
👇🏻 👇🏻 👇🏻
http://bit.ly/35HwhEW

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👉 Bank Branch Auditors’ Panel
Draft Panel of Chartered Accountants/firms for the year 2020-21 is now available in query mode at www.meficai.org
In case of any observations applicants may log a complaint with details at 
https://app.meficai.org/complaints.

Draft Panel will be available up to 20th Jan., 2021 and till then members can lodge their complaint, thereafter the final panel will be sent to RBI.

👉 CFSS-2020 Form available for filing as eForm w.e.f 16th January 2021. Stakeholders may please take note and plan accordingly.

👉 Empanelment of Chartered Accountant firms/LLPs with the O/o C&AG of India for the year 2021-2022
The online application along with detailed instructions in this regard is accessible at www.cag.gov.in wef 1st Jan., 2021 and will be available till 15 February 2021. The applicant firms/LLPs will have to fill/update the data showing the status of their firm as on 1 January 2021.
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CBIC issued Circular No. 01/2021-Customs dated January 14, 2021 for transhipment of Import & Export Cargo via Sri Lanka and Bangladesh-Waiver of bank guarantee.

Reference is invited to CBIC Circulars No. 45/2005-Customs, dated 24.11.2005 and No. 8/2019-Customs, dated 26.02.2019 dealing with transhipment of import and export cargo and carriage of coastal cargo.

In this regard, representations have been received that Customs authorities at some ports are insisting that ship owners provide Bank Guarantee for carriage of EXIM containers for transhipment from East Coast to West Coast ports, via Colombo.

The matter has been examined. It is seen that Circular No. 45/2005, dated 24.11.2005 waives the requirement of execution of bank guarantee for the purpose of transhipment in respect of: Carriers of containerized cargo, who are handling more than 1000 TEUs as import containers in a financial year. This waiver would apply not only to shipping lines but also to ICDs/CFSs/other carriers and for carriage in all modes of transhipment, irrespective of their movement by road, coastal shipping or rail. Further, jurisdictional Commissioners of Customs in deserving cases have been empowered to exempt the requirement of furnishing Bank Guarantee in respect of carriers having annual transhipment volume below the limit of 1000 TEUs, but having good track record.

Further vide Circular No. 8/2019-Cus, dated 26.02.2019 movement of coastal goods through foreign territory of Sri Lanka and Bangladesh has been provided for, with a view to promote the movement of coastal goods through foreign territory.

In view of the above, Board has decided to extend the exemption from requirement of furnishing of Bank Guarantee by the carriers for carriage of EXIM cargo for transhipment through foreign territories of Sri Lanka and Bangladesh. This relaxation would apply,if the carrier fulfils the requirement of waiver of Bank Guarantee in a like manner, as provided for by Circular No. 45/2005-Customs, dated 24.11.2005.

The Circular can be accessed at: https://www.cbic.gov.in/resources/htdocs-cbec/customs/cs-circulars/cs-circulars-2021/Circular-No-01-2021-new.pdf;jsessionid=841ED53963F7766C3D04683D57059814
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CBIC issued Instructions No. 01/2021-Customs dated January 14, 2021 for the Requirement of filing of Bill of Coastal Goods (BCG).

Representations have been received that at various ports like Cochin, VoCPT (Tuticorin), Paradip, Haldia and Kolkata, Bill of Coastal Goods (BCG) is still required to be filed for pure coastal vessels operating from EXIM berths whereas, in terms of Notification 57/2016-Cus (N.T.), dated 27.04.2016, only a Manifest is required to be submitted for pure coastal vessels operating from exim berths.

The issue has been examined. All coastal vessels carrying exclusively coastal goods and operating from either coastal or EXIM berths has been exempted from the provisions of Sections 92, 93, 94, 95, 97 and 98(1) of the Customs Act, 1962 vide Notification No. 56/2016-Cus (N.T.), dated 27.04.2016.

Further, in respect of coastal vessels loading or unloading coastal goods at EXIM berths, provisions of Sections 30 & 41 of the Customs Act, 1962 have been made applicable and a new format for filing a coastal manifest in respect of such vessels has been notified vide Notification No. 57/2016-Cus (N.T.), dated 27.04.2016. Accordingly, the master of such vessel or his agent shall submit:

(a) coastal arrival manifest for the goods, which are unloaded or meant to be carried forward to other destination ports;

(b) coastal departure manifest for the goods loaded, including goods on board for other destinations

Therefore, it is reiterated that there is no requirement of filing a Bill of coastal Goods as was clarified as per para 4(a) of the CBIC Circular no. 14/2016-Cus, dated 27.04.2016 consequent to issue of CBIC Notification no. 56/2016(NT) dated 27.04.2016, if the coastal vessels are carrying exclusively coastal goods whether berthing at coastal berth or EXIM berth.

The Instructions can be accessed at: https://www.cbic.gov.in/resources/htdocs-cbec/customs/cs-instructions/cs-instructions-2021/cs-ins-01-2021.pdf;jsessionid=50649C19D362DB864255029AF1C00FA0
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✒ Supreme Court refered two cases to Mumbai centre for International Arbitration . Ranjan Gogoi J appointed sole arbitrator in one dispute.

✒ Supreme Court ruled that Builders has to  pay interest if possession not delivered as per agreement to flat buyers. 

✒ Delhi High court ruled that order terminating arbitration proceedings under section 32(2)(c) Arbitration Act not an award.

✒ Gujarat High court has rejected a plea seeking further extension of Income Tax Return  filing date .
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⚫Imports moved into positive territory for the first time since March, sending the trade deficit to a 25 month high of $15.44 billion in Dec against $9.87 billion in the previous month.
⚫The much awaited policy to scrap 15-year old vehicles is likely to get Govt nod soon. On July 26, 2019, the Govt proposed amendments to motor vehicle norms to allow scrapping of vehicles older than 15 years in a bid to spur adoption of electrical vehicles.
⚫Gross tax revenues likely to get back on track in FY22. Gross tax revenues may be projected at around Rs 23.65 trn in the Budget, back-of-the-envelope calculations suggest.
⚫The CBDT has relaxed the requirement of remunerating fund managers of certain offshore funds because of the amended Rule 10V for availing the special taxation regime under Section 9A.
⚫Highways ministry seeks nearly 40% hike in FY22 allocation. The allocation has gone up from Rs 83,015 crore last fiscal year to Rs 91,823.2 crore for the current year
⚫Protesting farmer unions stuck to their demand for a complete repeal of contentious farm laws at their ninth round of talks with three central ministers but while the Govt asked them to be more flexible in their approach and expressed willingness for necessary amendments, as the two sides decided to meet again on January 19.
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CBDT passes order u/s 119 of Income-tax Act,1961 in F No. 370153/39/2020-TPL dt 11th January,2021, disposing off the representations for extension of due date for filing of Audit Report u/s 44AB, in compliance with the order of hon'ble Gujarat High Court dt 8th January,2021 .Order u/s 119 in F No. 370153/39/2020-TPL dated 11th January, 2021.

Income Tax special unit has been created by the government in the countrywide investigation wings of the Income Tax department for focussed probe in cases of undisclosed assets held by Indians abroad and possession of black money in foreign shores. The Foreign Asset Investigation Units (FAIUs) have been recently created in all the 14 investigation directorates.

Reserve Bank of India announced its intention to “restore normal liquidity management operations in a phased manner.” It announced the resumption of variable rate reverse repo auctions, the first of which will be held on January 15, for an amount of Rs 2 trillion, and a tenor of 14 days. 

Banks’ gross non-performing assets may rise to 13.5 per cent by September 2021, from 7.5per cent in September 2020 under the baseline scenario, according to Financial Stability Report (FSR) released by the Reserve Bank of India. If the macroeconomic environment worsens into a severe stress scenario, the GNPA ratio may escalate to 14.8 per cent. 

ICAI last date for complying with the mandatory CPE hours’ requirement for the Calendar Year 2020 (either in physical/offline mode or in virtual mode through Virtual CPE Meetings/ Digital Learning Hub) has been extended from 31st December, 2020 to 31st January, 2021.
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⚫Ministry of Commerce and Industry said that India''s new Foreign Trade Policy 2021-2026, under formulation, will come into effect from April 1, 2021, for five years and will strive to make the country a leader in international trade and channelize the synergies gained through merchandise & services exports for growth and employment with a goal to make India a USD 5 Trillion economy.
⚫The Union Cabinet have approved a reform package for the mineral mining sector which would entail amendments to three existing laws, pricing formula for minerals, exploration of mines and several taxes and duties levied on mining. This will boost production and private investment in the sector.
⚫With frauds in digital lending space coming into sharp focus, the RBI has set up a working group to study digital lending activities of the regulated & unregulated players. The group will suggest steps to regulate digital lending including online lending platform and mobile lending.
⚫Agriculture Minister said 29 crore farmers have so far insured their crops under the Govt's Pradhan Mantri Fasal Bima Yojana and urged other growers who have not yet got one to enroll soon.
⚫Total assets under management in Govt's National Pension System and Atal Pension Yojana stood at Rs 5,48,913 crore at end Dec 2020, posting an year-on-year growth of 36.83%.
⚫In another step to eliminate physical interface between taxpayers and tax authority, the i-tax dept has come out with a ‘faceless penalty scheme’.
⚫Hospitals get ready for Covid shots ahead of vaccination drive on Jan 16. With SII dispatching the Covishield vaccine to 13 cities, the countdown to the vaccination day has begun, and hospitals are getting ready to administer the first shots.
⚫Over Rs 950 crore tax evasion by Flipkart unit, Swiggy: Tax concealment in case of Walmart owned Flipkart's unit is about Rs 650 crore while the remaining estimation is related to Swiggy, said a tax official privy to the preliminary findings.
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👉 Clarification on spending of CSR funds for Awareness and public outreach on COVID-19 Vaccination programmePdf(183 KB)
http://www.mca.gov.in/Ministry/pdf/CSR2021_13012021.pdf

👉 New Publication - Compendium of Opinions - Volume XXXVII - (12-01-2021)
https://resource.cdn.icai.org/62747eac50736.pdf

👉 Reserve Bank constitutes a Working Group on digital lending including lending through online platforms and mobile apps
https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=50961

👉 26th Meeting of the FSDC Sub-Committee over Video Conference
https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=50963
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[1] Gujarat HC : In SCA No. 13653 of 2020, filed by  AGFTC and CA S K Sadhwani V UOI, CBDT; after marathon arguments for more than 3 hours, Hon Gujarat HC concluded the hearing. Pronouncement of order will be made later on. Since Court is not functioning tomorrow, the order will be made available by uploading on websitetoday thursday 14/1/2021 between (3-6 p.m).............And (2)
 Arguments on extending due date of TAR at Bombay HC started at 12.40 and still on.
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👉🏻18% GST on recovered pay for employees while leaving job without serving notice period
(Leaving job without serving the stipulated notice period will now cost employees 18% GST on the pay recovered for the notice period duration)
👇🏻 👇🏻 👇🏻
http://bit.ly/38J2RIq

👉🏻Income-Tax deptt brings out Faceless Penalty Scheme
(The Income Tax Deptt has brought out a "faceless penalty scheme" to handle recommendations for penalties issued under its faceless assessment programme)
👇🏻 👇🏻 👇🏻
http://bit.ly/2KdHYeX
 
👉🏻Legality of Notices Issued Based on Discrepancies Between STRs & ITRs.
(Legality of Notices Issued Based on Discrepancies Between Service Tax Returns & Income Tax Returns discussed by CA. Sarthak Garg with the help of various case laws)
👇🏻 👇🏻 👇🏻
https://youtu.be/0xqaXkH1SXI 
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Gujarat High Court rejected the cases for extension

“In   the   result,   both   the   writ   applications   fail   and   are   hereby
rejected. At this stage, we may only observe that the CBDT may consider
issuing   an   appropriate   circular   taking   a  lenient  view   as  regards   the
consequences of late filing of the Tax Audit Reports as provided under
Section 271B of the Act. We leave it to the better discretion of the CBDT
in this regard.”
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✒ Supreme Court has taken suo moto cognizance on the issue of "remediation of polluted rivers" . Major causes observed was discharge of non treated/partially treated municipal waste and effluents of various states and cities.

✒ Supreme Court asks former judge and Nagaland Lokayukta to resign stating "how can a person be functional while sitting somewhere else just because its pandemic .

✒ Delhi High court ordered physical hearing of 11 High Court benches and lower courts to function on alternate days from 18th January , 2021 .

✒ Bombah High court has held that "No appellate body is over State Legislature" while dismissing challenge to election of Deputy Chairperson of Legislative Council .

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Gujarat AAR – GST on Notice Pay Recovery
(In Re: Amneal Pharmaceuticals Pvt. Ltd)

✅ It was observed that the transaction of the employer agreeing to the obligation of tolerating an act (quitting without any advance notice) on the part of the employee, for payment of a sum (notice pay), will be covered under Clause 5(e) to Schedule II to CGST Act 2017, as a declared service.

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⚫The wholesale inflation rate softened to a four-month low of 1.22% in Dec from 1.55% in Nov as food items entered the deflationary zone. However, core inflation rose to a two year high of 4.2% on metal and commodity prices that may not allow the monetary policy committee to go for any further rate cut in February.
⚫India's m-cap to GDP ratio crosses 100% for first time in over a decade. BSE-listed co's market capitalisation reached Rs 197.7 trillion on Thursday, against India's nominal GDP of Rs 190 trillion during 12 months ended Dec 2020.
⚫Govt borrowed heavily in FY21 to sustain the Covid-19 revenue shock. This may take India’s bulging debt pile to close to 90% of GDP. But as long term debt grows, interest payments rise in coming years. In FY21 till November, interest expenses were almost half of the revenue receipts.
⚫The Ministry of Home Affairs has extended the validity of registration certificates issued to NGOs under the Foreign Contribution (Regulation) Act, expiring between Sept 29, 2020 and May 31, 2021, till May 31 this year. It is mandatory for NGOs receiving foreign funding to register under the FCRA & decision is expected to be beneficial for several NGOs & other voluntary organisations whose registrations have expired since Sept 29.
⚫PM will launch India’s Covid-19 vaccination programme through video on Saturday.The vaccination will begin with 3,006 sites that will be virtually connected during the launch. Each centre will inoculate 100 people a day to begin with. 
⚫The wholesale inflation rate softened to a four-month low of 1.22% in Dec from 1.55% in Nov as food items entered the deflationary zone. However, core inflation rose to a two year high of 4.2% on metal and commodity prices that may not allow the monetary policy committee to go for any further rate cut in February.
⚫India's m-cap to GDP ratio crosses 100% for first time in over a decade. BSE-listed co's market capitalisation reached Rs 197.7 trillion on Thursday, against India's nominal GDP of Rs 190 trillion during 12 months ended Dec 2020.
⚫Govt borrowed heavily in FY21 to sustain the Covid-19 revenue shock. This may take India’s bulging debt pile to close to 90% of GDP. But as long term debt grows, interest payments rise in coming years. In FY21 till November, interest expenses were almost half of the revenue receipts.
⚫The Ministry of Home Affairs has extended the validity of registration certificates issued to NGOs under the Foreign Contribution (Regulation) Act, expiring between Sept 29, 2020 and May 31, 2021, till May 31 this year. It is mandatory for NGOs receiving foreign funding to register under the FCRA & decision is expected to be beneficial for several NGOs & other voluntary organisations whose registrations have expired since Sept 29.
⚫PM will launch India’s Covid-19 vaccination programme through video on Saturday.The vaccination will begin with 3,006 sites that will be virtually connected during the launch. Each centre will inoculate 100 people a day to begin with. 
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👉🏻Names of Audit Firms approved for appointment as Statutory Central Auditors
(Names of Audit Firms approved for appointment as Statutory Central Auditors in the 12 Public Sector Banks for FY 2020-21)
👇🏻 👇🏻 👇🏻
http://bit.ly/35Hslng

👉🏻Applications for Empanelment of Special Auditors by Income Tax Department Kerala 
(I.Tax Dept Kerala invites application from CA Firms for empanelment as Special Auditors to carry out audit in accordance with the provisions of sec. 142(2A) of I.T. Act, 1961)
👇🏻 👇🏻 👇🏻
http://bit.ly/35HwhEW
  
👉🏻Discussion on Future of Bank Branch Audit with Regards to latest RBI Guidelines
(On Sun., 17th Jan 2020 from 04:30 PM Onwards by CA (Dr) Adv. S. S. Sharma Ji and CA. Vivek Khurana Ji NO FEES)
👇🏻 👇🏻 👇🏻
https://youtu.be/BjeGvx2IPj4
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