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Archive: 04 August 2020

Posts in 04 August 2020

Anti-dumping investigation of imports of Glass Fibre & articles

August 4, 2020 1065 Views 0 comment Print

Initiation of Anti-dumping investigation concerning imports of Glass Fibre and articles thereof originating in or exported from Bahrain and Egypt.

Grievance Resolution between listed entities & proxy advisers

August 4, 2020 498 Views 0 comment Print

Proxy advisors, over the past few years, have played a key role in enabling shareholders to effectively participate in corporate governance decisions and thus, furthering the achievement of the above objectives. Proxy advisors provide advice to institutional investors / shareholders of a listed entity, in relation to exercise of their rights in the company including voting recommendation on agenda items.

National Education Policy 2020

August 4, 2020 14202 Views 1 comment Print

National Education Policy 2020 Ministry of Human Resource Development Government of India Chapter Contents Introduction PART I. SCHOOL EDUCATION 1 Early Childhood Care and Education: The Foundation of Learning 2 Foundational Literacy   and Numeracy: An Urgent & Necessary Prerequisite to Learning 3 Curtailing Dropout Rates and Ensuring Universal Access to Education at All Levels 4 […]

Farewell To Dividend Distribution Tax – Double Edged Reform

August 4, 2020 5475 Views 2 comments Print

One major change that came with the Finance Act is removal of dividend distribution tax making section 10(34), 10(35), 115-O, 115R(2) and 115BBDA of the ITA inapplicable with effect from April 1, 2020. 

GST Registration | Section 22 to 28 | CGST Act & Rules

August 4, 2020 27990 Views 2 comments Print

Welcome into the world of GST GST registration is covered by Section 22 to 28 of Central Goods and Services Tax Act 2017 and CGST Rules Related to Registration. Article explains deals with Who is liable to get GST registration, Who doesn’t require GST registration,  Mandatory GST Registration,  Procedure for GST Registration, Deemed GST Registration, […]

Issuance of Electronic Insurance Policies

August 4, 2020 906 Views 1 comment Print

INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA Ref. No:IRDAI /Life/Cir/Misc/207/08/2020 Date:04-08-2020 To All Life Insurers Re: Issuance of Electronic Policies This has reference to the provisions of Regulation 4 of IRDAI (Issuance of e-Insurance policies) Regulations,2016. In the wake of emerging situation of Covid19 Global Pandemic and taking into account (i) and (ii) below, i) […]

Notification No. 67/2020-Customs (N.T.), Dated: 04.08.2020

August 4, 2020 1296 Views 0 comment Print

Notification 67/2020-Cus. (N.T.) dated 04.08.2020 on the subject Amendment to Notification No. 12/97-Customs(N.T.) dated 02.04.1997 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 4th August, 2020 Notification No. 67/2020-Customs (N.T.) G.S.R. 487(E).—In exercise of the powers conferred by clause (aa) of sub-section (1) of section 7 […]

Anti-dumping investigation in respect of imports of Naphthalene

August 4, 2020 450 Views 0 comment Print

Anti-dumping investigation in respect of imports of Naphthalene in both its forms- Crude Naphthalene originating in or exported from China PR, European Union, Russia, Iran and Japan and Refined Naphthalene originating in or exported from China PR, European Union and Taiwan.

IRDAI: Relaxation from Submission of Hard Copy of Regulatory Returns 

August 4, 2020 579 Views 0 comment Print

On examining the request, the Competent Authority has allowed Life insurers to upload the Regulatory Returns through BAP module without physical filing and submit a soft copy through email to Mr. S.N Jayasimhan, GM at email id [email protected] , for returns up to 31st March 2021.

Taxability of Income governed by Principle of Mutuality

August 4, 2020 134917 Views 7 comments Print

There are a number of entities, the income / surplus of which is governed by the principle of mutuality and therefore, such income / surplus is not liable to income-tax. In other words, any surplus in the case of mutual concerns is exempt from income-tax and therefore, it would not form part of the gross total income of such mutual concerns.

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