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Archive: August, 2021

Posts in August, 2021

SEBI permits non-scheduled Payments Banks to register as Bankers to an Issue

August 3, 2021 660 Views 0 comment Print

Securities and Exchange Board of India CIRCULAR SEBI/HO/MIRSD/MIRSD_DOR/P/CIR/605/2021 August 3, 2021 To Recognized Stock Exchanges Registered Depositories Registered Stock Brokers Registered Merchant Bankers Registered Registrars to an Issue and Share Transfer Agents Registered Depository Participants National Payments Corporation of India Non-scheduled Payments Banks who propose to seek registration as Bankers to an Issue Madam / […]

Directors and its compliances under Companies Act, 2013

August 3, 2021 34530 Views 0 comment Print

REGULATORY PROVISIONS RELATED TO DIRECTORS A company is created by law and is an artificial judicial person having its distinct entity. Though the company is bestowed with the characteristic of a separate legal entity, it cannot make the decisions on its own. Here the most crucial role is played by the directors of the company. […]

Highlights of LLP Amendment Bill 2021

August 3, 2021 3135 Views 0 comment Print

What is the LLP Amendment Bill 2021? ‘LLPs are becoming popular among startups. An amendment is being proposed to the LLP Act for the first time,’ said finance minister Nirmala Sitharaman Continuing efforts to foster ease of doing business as well as to encourage the startups ecosystem, the Cabinet has approved LLP Amendment Bill, 2021. […]

How can Companies Save Tax through Mutual Fund Investments?

August 3, 2021 12007 Views 1 comment Print

How to save tax through mutual fund investment? Well, for individual investors, there are a plethora of answers; can companies save tax? Well, let’s dig into it.

CBDT notifies pension fund ‘Ontario Inc.’ U/s. 10(23FE)

August 3, 2021 1899 Views 0 comment Print

Central Government hereby specifies ‘ Ontario Inc.’, as the specified person for the purposes of sub-clause (iv) of clause (c) of the Explanation 1 to clause (23FE) of section 10 of Income-tax Act, 1961 in respect of the eligible investment made by it in India on or after 3rd August, 2021 but on or before […]

An Innovative Digital Solution “e-RUPI” launched on 2nd August 2021

August 3, 2021 1197 Views 0 comment Print

National Payments Corporation of India (NPCI) in association with the Department of Financial Services (DFS), National Health Authority (NHA), Ministry of Health and Family Welfare (MoHFW), and partner banks, has launched an innovative digital solution – ‘e-RUPI’. What is e-RUPI? It is a seamless one-time payment mechanism where users will be able to redeem the […]

Apex Court explains Seniority cum Merit Principle for Promotion

August 3, 2021 12543 Views 0 comment Print

Tek Chand & Others vs Bhakra Beas Management Board (B.B.M.S.) and others (Supreme Court) It is common knowledge that a number of litigations arise in matters of promotion in government/semi-government services. The Central Government, the various State Government and their various independent functionalities have their own regulations for promotion. One such matter came up before […]

Special Court for 2G Scam Money Laundering cases designated

August 3, 2021 696 Views 0 comment Print

Chief Justice of High Court of Delhi, hereby designates the Court of Special Judge (Prevention of Corruption Act) (Central Bureau of Investigation)-09, Rouse Avenue Court Complex, New Delhi as Special Court for dealing with and trial of offence of the money laundering under the Prevention of Money-laundering Act, 2002 for all matters relating thereto 2G […]

Anti-dumping duty on imports of Ceramic Tableware & Kitchenware- Reg.

August 3, 2021 6351 Views 0 comment Print

Anti-Circumvention investigation concerning circumvention of anti-dumping duty imposed on imports of Ceramic Tableware and Kitchenware, excluding knives and toilet items” originating in or exported from China PR, by imports of Ceramic Tableware and Kitchenware, excluding Knives and Toilet Items from Malaysia.

Anti-dumping investigation on imports of ‘Self-adhesive Polyvinyl Chloride Film’

August 3, 2021 1692 Views 0 comment Print

Termination of Anti-dumping investigation on the imports of Self-adhesive Polyvinyl Chloride Film originating in or exported from China PR.

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