The RBI has increased the limit of cash withdrawal from Points of Sale terminals using debit cards and open system prepaid cards to Rs 2000 per transaction within an overall monthly limit of Rs. 10,000 across all locations.
The Central Board of Direct Taxes has extended the due date for filing income tax returns for assessment year 2021-22 for individuals by two months to September 30, 2021.
The government has also extended the due date of Income Tax Returns filing for companies for Assessment Year 2021-2022 from October 31 to November 30, 2021.
EXAMIANS