The Central Board of Indirect Taxes and Customs (CBIC) has issued an instruction to its commissioners for a special drive to dispose all the pending refund claims vide Instruction No. 10/2021 – Customs dated 13/05/2021. The drive is called as “Special Refund and Drawback Disposal Drive” which would be for the period from 15th of […]
Compliance is a major part of life of a Professional. Compliance of applicable Laws and rules help better corporate governance and better discipline among corporate and professionals. Compliance of law particularly Companies Act, 2013 depend upon nature and size of company. Companies may be categorized as small companies, Public Companies, Listed entities. The purpose of […]
The Government of India has exempted the public procurement of supplies required for containment of COVID-19 global pandemic from the applicability of Public Procurement (Preference to Make in India) Order, 2017.
SEBI is in receipt of representations from InvITs and REITs requesting extension of timelines for various regulatory filings and compliances for InvITs and REITs for the period ending March 31, 2021, inter-alia, due to ongoing second wave of the CoVID-19 pandemic and restrictions imposed by various state governments.
Extension of the due date of filing Revocation application of Cancellation In view of Notification No. 14/2021 dt. 01.05.2021, the timeline for filing the ‘Application for Revocation of Cancellation’ has been extended to 180 days from 90 days which will be valid up to 15th June 2021 Thanking You, Team GSTN | 14/05/2021
India’s overall exports (Merchandise and Services combined) in April 2021* are estimated to be USD 51.79 Billion, exhibiting a positive growth of 93.21 per cent over the same period last year. Overall imports in April 2021* are estimated to be USD 58.72 Billion, exhibiting a positive growth of 122.24 per cent over the same period last year.
Preamble- In order to encourage the dispersal of industries to lesser developed areas of the State, the Government has been giving package of incentives to New Industrial Units / Expansion / Diversification Units set up in the developing regions of the State since 1964 under a Scheme popularly known as the ‘Package Scheme of Incentives.’ […]
Article explains What is Cryptocurrency like Bitcoin, Legality of Cryptocurrency, Income From Cryptocurrency, Taxability of Income From Cryptocurrency, Whether Income Covers Under Profit and Gains of Business & profession or Capital Gain or Other Source, MCA Regulations applicable to Cryptocurrency like Bitcoins and Statements From Finance Ministry on Bitcoins. What Is Cryptocurrency? A crypto currency […]
The learned Principal District and Sessions Judge, Dwarka is found to have committed a grave error while disposing of the criminal revision petition filed by the state in the case titled ‘State (Government of NCT of Delhi) vs. Vinay Aggarwal & Anr.’ decided on 08.05.2021 by holding that the magistrate did not err in exercising or assuming jurisdiction in entertaining and releasing the seized oxygen concentrator, for the reason that the oxygen concentrator does not come within the definition of essential commodity under Essential Commodities Act, 1955.
Since the roll out of GST on 1/07/2017, the entire journey of approximately 4 years hasn’t been a smooth sailing ship but rather full of mighty storms and commanding blows. The journey full of everyday amendments, date extensions for months, sometimes even an entire year, lack of clarity on topics, shaky infrastructure and an ineffective […]
