The Regulations Review Authority (RRA 2.0) has recommended the withdrawal of additional 100 circulars in the second tranche on Feb 18, 2022. Considering the recommendation as suggested by RRA-2.0 RBI proposed the list of the circulars withdrawn. RBI further proposed the conversion of paper based/email returns into online filings as recommended by RRA 2.0. The proposed withdrawal will lead to reduce the compliance burden of the regulated entities.The Regulations Review Authority (RRA 2.0) has recommended the withdrawal of additional 100 circulars in the second tranche on Feb 18, 2022. Considering the recommendation as suggested by RRA-2.0 RBI proposed the list of the circulars withdrawn. RBI further proposed the conversion of paper based/email returns into online filings as recommended by RRA 2.0. The proposed withdrawal will lead to reduce the compliance burden of the regulated entities.taxmann.com NewsRead More
