1. Amid hardening inflation, the Reserve Bank of India (RBI) has sounded out some financial institutions to sense the possible demand for 'inflation-indexed bonds'. Inflation-linked government security, which serves as a hedge when real returns from fixed deposits and bonds have declined sharply, has the potential to draw large institutional investors like life insurance companies as well as retail savers. Click here to know more - [ Ссылка ].
2. The labour ministry informed Parliament that it is urging state governments to frame rules under all four labour codes: on wages, industrial relations, social security, and occupation safety, health and working conditions. The ministry, however, did not specify the implementation timeline of the codes, which were notified between August 2019 and September 2020. Click here to know more - [ Ссылка ].
3. The Central Board of Direct Taxes (CBDT) has issued new rules for the faceless collection of information from taxpayers, where mismatches are detected. The e-Verification Scheme, 2021 notified covers faceless information collection from assessees and its verification. The scheme is notified under a provision in Income Tax Act 135A. Click here to know more - [ Ссылка ].
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