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Archive: 22 September 2020

Posts in 22 September 2020

Covid-19- India registers a Record of Highest Single day recoveries

September 22, 2020 408 Views 0 comment Print

In an unprecedented surge, India has recorded the highest number of single day Covid-19 recoveries.  More than 1 lakh (1,01,468) new recoveries have been registered in the last 24 hours in the country.

Parliament passes Essential Commodities (Amendment) Bill, 2020

September 22, 2020 687 Views 0 comment Print

Parliament passes the Essential Commodities (Amendment) Bill, 2020 will create a positive environment not only for farmers but also for consumers and investors

Form PAS-6 – Background, Applicability, Contents, Verification & Certification

September 22, 2020 1518 Views 0 comment Print

The Ministry of Corporate Affairs has introduced Form PAS-6 for the reconciliation of share capital to be filed half yearly. This Form is governed by the Rule 9A inserted by the Companies (Prospectus and Allotment of Securities) Third Amendment Rules, 2018, which provides for the dematerialization of issue of securities and existing securities of unlisted […]

DGFT MEIS schedule Table 2 of Appendix 3B

September 22, 2020 5013 Views 0 comment Print

Certain amendments have been made in the MEIS schedule Table 2 of Appendix 3B to harmonize it with the Notification no. 38 dated 01.01.2020 and the changes in the Finance (No.02) Act, 2019, Fifth Schedule as notified by CBIC. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade […]

HC Rejects Bail to Officer Involved allegedly in Bribery & Helping in GST Evasion

September 22, 2020 981 Views 0 comment Print

In the instant case, the petition id filed to seek the bail to a person accused of tax evasion and bribery as per GST Act and Prevention of Corruption Act.

Judicial review should not be exercised virtually as a continuous oversight of DA’s functions: SC

September 22, 2020 672 Views 0 comment Print

Designated Authority & Ors. Vs. Andhra Petrochemicals Ltd. (Supreme Court) Access to judicial review is a valuable right conferred upon citizens and persons aggrieved; the Constitution arms the High Courtsand this court with powers under Articles 226 and 32. At the same time, barring exceptional features necessitating intervention in an ongoing investigation triggered by a […]

India Takes Step to Smooth Progress of FDI in Defense Sector

September 22, 2020 423 Views 0 comment Print

Indian regulators have proposed relaxing restrictions for certain foreign direct investments (FDIs) in Indian domestic defense companies to promote investment in India and boost domestic manufacturing in the defense industry. The government of India on September 17, 2020, formally proposed to increase the permitted ownership by non-Indian investors in Indian defense manufacturing companies with no […]

Financial Goals

September 22, 2020 2340 Views 0 comment Print

Many of us are not aware of the term financial goals what does it mean & why it is important to understand this term for better planning of the future. This article will let you know about:- *  What are Financial Goals * Why it is important to have Financial Goals * Certain examples of […]

Last date of filing QPRs/APRs by SEZ units/EOUs/Developers extended

September 22, 2020 14487 Views 0 comment Print

I am directed to refer to this Department’s letter of even number dated 30.03.2020 (Copy enclosed) on the subject cited above and to state that keeping in view of hardship due to COVID-19, this Department has further decided to extend the time period for filing APRs/QPRs by SEZ Units/Developers/EOUs upto 31st December, 2020.

Investigation concerning imports of Melamine from China PR

September 22, 2020 369 Views 0 comment Print

Case No. AD-SSR 16/2020- Initiation of sunset review investigation concerning imports of Melamine from China PR. On the basis of the duly substantiated application of the applicant, and having satisfied itself, on the basis of the prima facie evidence submitted by the domestic industry, substantiating the likelihood of continuation/ recurrence of dumping and injury.

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