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Archive: March, 2022

Posts in March, 2022

Consumers can now get un-hallmarked jewellery tested at Hallmarking Centres

March 12, 2022 1419 Views 0 comment Print

Bureau of Indian Standards (BIS) has now made provision to allow a common consumer to get the purity of their unhallmarked gold jewellery tested at any of the BIS recognized Assaying and Hallmarking Centres (AHCs).

Shifting of Registered office from One state to another (Step By Step Procedure) Private/Public/Listed Companies

March 11, 2022 15978 Views 0 comment Print

A Registered Office is the official address of an Incorporated Company, Association or any other legal entity duly registered with Ministry of Corporate Affairs at the time of incorporation. Generally it will form part of the public record and is required where the registered organization or legal entity is incorporated. A registered physical office address […]

RBI directs Paytm to not to onboard new customers

March 11, 2022 1401 Views 0 comment Print

Reserve Bank of India directed Paytm Payments Bank Ltd to stop, with immediate effect, onboarding of new customers. The bank has also been directed to appoint an IT audit firm to conduct a comprehensive System Audit of its IT system.

शपथ पत्र (Affidavit) Under Law

March 11, 2022 24894 Views 0 comment Print

The affidavit should essentially contain the details of the deponent for identification such as name, address as held by the Hon’ble Allahabad High Court in Harkrishan Khosla v. Alembic Chemical Works Co. Ltd.

Threshold turnover of e-invoice under GST reduced

March 11, 2022 6081 Views 0 comment Print

With the recent amendment made vide Notification No. 01/2022 – Central Tax dated 24-02-2022, more taxpayers will come under the ambit of compulsory issuance of e-invoice, as the threshold limit of turnover is being reduced to 20 Crores w.e.f 1st April 2022. The mechanism of e-invoicing was introduced in the year 2020 wherein the taxpayers […]

New Obligations for Companies in India (Applicable for Financial Statements as on 31st March, 2022)

March 11, 2022 65205 Views 2 comments Print

(A) Applicable from 01st April, 2021 (For the financial year ending on 31st March, 2022)  1. Amendments for the preparation of Financial Statements (Schedule III) (i) ‘Disclosure’ for the shareholding of the promoters (ii) Trade ‘Payables’ in the following ageing :-                (a) From 0 to 1 Year                (b) From 1 to 2 Year […]

Haryana govt allows reimbursement of SGST on film titled ‘The Kashmir Files’

March 11, 2022 2919 Views 0 comment Print

Government of Haryana has allowed for reimbursement of State GST on entry to exhibition of film ‘The Kashmir Files’ in cinemas theaters of the State from the date of this order subject to the following conditions: –

CBIC Notifies Rate of Exchange of Turkish Lira wef 12.03.2022

March 11, 2022 1086 Views 0 comment Print

CBIC notifies Rate of Exchange of Turkish Lira against Indian Rupees with effect from 4th January, 2022 vide Notification No. 16/2022 – Customs (N.T.) | Dated: 11th March, 2022. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS New Delhi ***** Notification No. 16/2022 – Customs (N.T.) | Dated […]

Negotiated Large Trade facility on Stock Exchanges

March 11, 2022 561 Views 0 comment Print

In order to facilitate connects of recognised stock exchanges in IFSC with international exchanges, the price limits on NLT facility mentioned at clause 2(b) of circular dated June 22, 2021 may be aligned with the international exchange for such derivatives products that are having connect with any international exchange;

Guidelines for Scheme for Strengthening of Pharmaceuticals Industry (SPI)

March 11, 2022 1944 Views 1 comment Print

The Pharmaceuticals industry a key sector for achieving wellness for all Indians. It is also an important sector in terms of providing employment to trained personnel. Atmanirbhar Bharat envisages self-reliance in terms of healthcare products, among other things, for people of India.

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