Announcement Report on Audit Quality Review (2020-21) of the Quality Review Board Government of India has, in exercise of the powers conferred under Section 28A of the Chartered Accountants Act, 1949, constituted a Quality Review Board (the ‘Board’) to perform the following functions u/s 28B of the Chartered Accountants Act, 1949:- a) to make recommendations […]
Now it has been provided that the due date in section 43B is of no consequence to judge the applicability of provisions of section 36[1][va]of the Act and that too with effect from 01.04.2021.
This FAQ, consisting of 28 questions, attempts to respond to general queries on Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 in a simple and easily understandable manner for a common user and also for intermediaries. Ministry of Electronics & IT Ministry of Electronics & IT releases FAQs to address queries on […]
In addition to Rashtriya Chemicals & Fertilizers Limited (RCF), Import of Urea is allowed through National Fertilizers Limited (NFL) and Indian Potash Limited (IPL) subject to Para 2.20 of Foreign Trade Policy, 2015-2020. The NFL and IPL are designated as STE for import of Urea on Government account. However, IPL is allowed to import Urea […]
Discover how to verify the authenticity of an income tax notice on the new portal. Learn about the DIN system and check notices from previous assessment years.
In India, though the Income Tax Act contained the concept of Transfer Pricing in Income Tax Act, 1922 itself, Globalisation & Liberalisation in the year of 1991, have led to the drastic increase in cross-border transactions thereby the need for sharing country’s revenue in a conscious and justified fair manner. Before going to TP documentation, […]
Updates of the Ministry of Corporate Affairs (MCA) Circulars ♦ Relaxation in payment of Additional Fees in case of delay in filing Form 8 (LLP): General Circular No. 16/2021 dated 26th October, 2021 The Ministry of Corporate Affairs (MCA) vide its General Circular No. 16/2021 dated 26th October, 2021 has provided relaxation in paying Additional […]
Prime Minister of India and other dignitaries are having a conference on climate change, a broadly classified subject which has ushered in sudden cloud burst in Himalayas in India, regular fire in Hollywood and other places with million dollars houses or knee- deep water in Belgium, and other places around our mother earth at Glasgow, […]
FSSAI Notifies ‘Food Safety and Standards (Import) First Amendment Regulations, 2021’ vide Notification No. F. No. 4067/MOC-Trade/Reg-FSSAI/2017 (Part-1) Dtd. 03rd November, 2021. The FSSAI has notified a new set of Regulations to amend the existing Food Safety and Standards (Import) Regulations, 2017. The said Regulations shall come into force on the date of their publication […]
REGULATORY UPDATES -A GIST OF IMPORTANT CIRCULARS/NOTIFICATIONS/GUIDELINES ISSUED BY THE AUTHORITY (IRDAI). Submitted, for information, the supervisory/ regulatory directions from IRDAI from 1st July 2021 to 31st October, 2021 . The Authority has issued certain Regulations/Guidelines/Circulars on issues as listed below: 1. Standards and Benchmarks for the Hospitals in the provider Network- (IRDAICircular No. IRDAI/HLT/REG/MISC/199/07/2021 […]
