In order to boost the ‘MAKE IN INDIA‘ concept and attract investments from overseas, various schemes have been recently introduced by the Central Govt. particularly relating to (I) Electronics sector and (II) Pharma sector. (I) Schemes for Electronics Sector To facilitate India’s position as a global hub for Electronics System Design and Manufacturing (ESDM) and […]
Notification for extension of validity of fee payment and extension of time period for paying fees as mandated under rule 32 and 81 of Central Motor Vehicle Rules 1989 In pursuant to the guidelines issued by Ministry of Home Affairs vide No.40-3/2020-DM-I(A), Dated 24th March 2020 and subsequent amendments regarding imposition of complete lock down […]
The Finance Act, 2020 made several amendments in the provisions of the section 6 of the Income-tax Act, 1961 (Act) with aim to bring the stateless person (an individual who is citizen of India and having income other than foreign source more than Rs. 15 Lakhs) in tax net of the India.
We all are aware that our honorable Prime Minister has called for ‘AATMA NIRBHAR BHARAT’ which is a big leap of faith taken by him to announce 20 Lac crore Economic Package; which is third largest in the world; which has something for every sector of economy. Our Finance Minister has given details of “AATMA […]
Advisory on disclosure of material impact of COVID–19 pandemic on listed entities under SEBI (LODR) Regulations, 2015 In view of the COVID 19 Pandemic, SEBI has granted several relaxations to the listed entities in terms of timelines for filing of various reports/disclosures under LODR Regulations. As it is important for investors and stakeholders of a […]
Notification No. 25/2020-Customs – Notification No. 25/2020-Customs- Inclusion of Gopalpur Port [INGPR1] as notified port for getting benefits under AA/ EPCG schemes and other export incentive schemes like MEIS/SEIS and other such schemes GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 25/2020-Customs New Delhi, the 21st May, 2020 G.S.R. 307(E).- In exercise […]
Notification No. 24/2020-Customs- Seeks to amend notification No. 56/2000-Customs, dated the 5th May, 2000, No. 57/2000-Customs, dated the 8th May, 2000 and notification No. 40/2015-Customs, dated the 21st July, 2015 providing for extension of last date of export by six months, for those cases where the last date of export falls between 01.2.2020 and 31.7.2020 […]
Clarification on Employees Provident Fund Deductions (EPF) Under Covid-19 Relief On 13th May 2020, Government of India announced relief under Employees Provident Fund Act for all eligible establishments stressed due to Covid-19. The relief announced was as under, 1. **For all those employees and establishment who are NOT covered under Pradhan Mantri Garib Kalyan Yojna […]
Many women at the word level experienced sexual harassment in the workplace, yet the majority of these incidents go unreported, making it difficult to get an accurate count of how pervasive the problem truly is. In the recent past, we saw the #MeToo movement in India as well. The year 2018 saw the rise of […]
Before providing details of relaxation specified in the circular of CBDT No. 12/2020 dated 20th May, 2020 We should discuss about the newely section 269SU which talks about payment acceptance through the electronic modes. As an initiative of the government to boost and promote the digital transaction and cashless economy, the Government of India has […]
