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Archive: 18 March 2021

Posts in 18 March 2021

FORM NDH-4: Applicability & Filing

March 18, 2021 72183 Views 15 comments Print

(Form for filing application for declaration as Nidhi Company and for updation of status by Nidhi) Notification: Ministry of corporate affairs had issued Notification dated 01st July 2019. These rules called as Nidhi (Amendment) Rules, 2019 and came into force with effect from 15 August, 2019. Applicable to-  All Nidhi Companies. Every Nidhi company which […]

CMA Qualification Equivalent to PG-Degree as recognized by UGC

March 18, 2021 13506 Views 1 comment Print

The University Grants Commission (UGC) has resolved that Cost Accountant (CMA) qualification will be considered equivalent to postgraduate degree for appearing in UGC-NET. The National Eligibility Test (NET) is conducted for determining the eligibility of Indian nationals for the Eligibility of Assistant Professorship, Junior Research Fellowship or both, for Indian Universities and Colleges.

Supreme Court Legal Services Committee (Amendment) Rules, 2021

March 18, 2021 585 Views 0 comment Print

1) These rules may be called the Supreme Court Legal Services Committee (Amendment) Rules, 2021. (2) They shall come into force on the date of their publication in the Official Gazette.

Notice for Inviting applications for Engagement of retired PPS/PS/PA from Central Government as Consultants in NFRA

March 18, 2021 1659 Views 0 comment Print

Notice For Inviting Applications For Engagement Of Retired Principal Private Secretary (PPS) / Private Secretary (PS) / Personal Assistant (PA) From Central Government As Consultants

Supreme Court Judges (Amendment) Rules, 2021

March 18, 2021 1722 Views 0 comment Print

These rules may be called the Supreme Court Judges (Amendment) Rules, 2021. (2) They shall come into force on the date of their publication in the Official Gazette.

Denial of ITC refund for technical glitches in GSTN software is unfair

March 18, 2021 9066 Views 1 comment Print

If the assessee was otherwise eligible to refund, the refund claim ought not to be denied on the ground of technical glitches and error occurred due to auto-population in Goods and Service Tax Network (GSTN) software. Nothing can be more unfair.

MCA notifies amendment in Section 149 & 197 of Companies Act 2013

March 18, 2021 30123 Views 0 comment Print

MCA notifies amendment in Section 149(9) (Remuneration of Independent Director In case of absence or inadequate profits) & 197 (Overall Maximum Managerial Remuneration and Managerial Remuneration in Case of Absence or Inadequacy of Profits) of Companies Act 2013 by notifying section 32 & 40 of Companies Amendment Act, 2020 with effect from 18.03.2021. A. Amendment […]

No proposal for scrutiny of GST assessment in a faceless mode

March 18, 2021 5718 Views 0 comment Print

In a tweet Anurag Thakur, MoS for finance has clarified that there is No such proposal for scrutiny of GST assessment in a faceless mode is under consideration of the government presently as the GST laws and rules made thereunder already provide for electronic filing and assessment of returns on the common portal,With regard to […]

Remuneration Limit for non-executive/independent director notified

March 18, 2021 12066 Views 0 comment Print

MCA notifies maximum Remuneration payable by companies having no profit or inadequate profit to other director or directors (non-executive director or an independent director) by amending Schedule V of the Companies Act, 2013. Earlier the limit was only for managerial person. Also Read-MCA notifies amendment in Section 149 & 197 of Companies Act 2013 Government […]

e-Way Bill – 3 Updates from 17th March 2021

March 18, 2021 47316 Views 19 comments Print

 Latest Updates: 17/03/2021 1. e-Way Bill cannot be generated with only SAC codes(99) for Services, minimum one HSN code belonging to Goods is mandatory. 2. Vehicle type ODC is provisioned for transport mode ‘Ship’ 3. Transporters are provided with Report of e-Waybills based on assigned Date.

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