Amendment to the Final Finding Notification No.15/05/2016-DGAD dated 02nd September, 2017 in Sunset Review investigation of Anti-dumping duty imposed on the imports of Certain Rubber Chemicals, namely, TDQ & PX-13 originating in or exported from the European Union and MOR and MBTS originating in or exported from the Peoples Republic of China.
Compliances Forms Due between 01/04/2020 to 31/05/2021 Ministry of Corporate affairs vide its General Circular No. 06/2021 Dated: 03/05/2021 has grants relaxation to the Companies and LLP to file the forms due between 01/04/2020 to 31/05/2021 without any additional fees upto 31/07/2021 except the forms CHG 1, CHG 4 and CHG 9. Forms Related with […]
MEANING – PROFESSIONAL TAX Unlike the name, Professional Tax is not a tax which is applicable on professionals only, it is tax which is applicable on all kinds of professions, trades, and employment and based on the income. Applicability: It is applicable on: 1. Business including freelancers 2. Professionals including CA, CS, Doctors 3. Employees […]
The right to freedom comes under one of the fundamental rights. It is enshrined in the Indian Constitution. It is important to understand what rights are and what they entail. This subject is a major in Politics and Electives of the UPSC Civil Service Examination Program. Six fundamental rights that are mentioned in the constitution […]
Amendment In Schedule III under Companies Act 2013 Schedule III to Companies Act, 2013 (hereafter referred to as the Schedule) was modified vide notification dated March 24, 2021 to enhance various additional disclosure requirements while preparing the financial statements of a company. These amendments are applicable to audit reports issued in respect of accounting years commencing on […]
Insolvency & Bankruptcy Code, 2016 (IBC) was notified on May 28, 2016 and by December 2016 majority of provisions of IBC was implemented. With its enactment an altogether new insolvency regime that is proactive, incentive compliant, market led, and time-bound, came into existence in India.
The Hon’ble Supreme Court of India in Ghanashyam Mishra and Sons Private Limited v. Edelweiss Asset Reconstruction Company Limited & Ors. [Civil Appeal No. 8129 of 2019 with WP (Civil) No. 1177 of 2020 and Civil Appeals No. 1550-1554 of 2021] held that, once resolution plan under the Insolvency & Bankruptcy Code, 2016 (IBC) is […]
Relaxation of Timeline for Filing Forms Related to Creation or Modification of Charges Due to the covid 19, the pandemic ministry has provided some sort of relief to aid stakeholders by cutting down the time frame as follows: Applicability: CHG 1 and CHG 9 first case: Creation/modification made before 01.04.2021 but the due date for […]
Remuneration to Non Executive and Independent Director (NED & ID) after 18th March 2021 ♦ Non- Executive and Independent Director brings governance, transparency, independent and fair view in the Board and they are much needed in a company having losses. However Section 197 of the Companies Act, 2013 (CA 13), provided that the company can […]
Time limit for ensuring compliance with the directions regarding Public Disclosures on websites by insurers, for the period ended on 31.03.2021, is also extended by a period of 30 days. The insurers may avail the additional time and ensure compliance with the requirements of all regulatory filing and uploading of the public disclosures.
