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Archive: 13 June 2022

Posts in 13 June 2022

Determination of Discount rates for Actuarial Valuation of Employee Benefits

June 13, 2022 7926 Views 2 comments Print

This article describes in detail the methodology for determination of discount rates used in actuarial valuation of Employee Benefits.

GST Council Recommendation Not Binding on Central & State Governments

June 13, 2022 6000 Views 1 comment Print

SC held that GST Council’s recommendations are not binding on Centre and states and have only persuasive value, Apex Court also strike down IGST levy on ocean freight under RCM

DGFT amends procedure for issue of GAICT of SCOMET items

June 13, 2022 2538 Views 0 comment Print

Existing entry at Paragraph 2.79F has been substituted in the Handbook of Procedures (HBP) of the Foreign Trade Policy (FTP) 2015-20 to amend the procedure for issue of Global Authorisation for Intra-Company Transfer (GAICT) of SCOMET items including software and technology. Henceforth, GAICT policy would be applicable only for export / re-export of items, including […]

Weekly newsletter from Chairman, CBIC dated 13/06/2022

June 13, 2022 591 Views 0 comment Print

On the Anti-Evasion front, last week Delhi Airport Customs interdicted about 10 Kg. Heroin from a foreign national. The contraband was ingeniously concealed in the lining of the suitcase carried by the passenger. Heartiest Congratulations to the officers for an excellent detection.

Analysis of Companies (Appointment and Qualification of Directors) Second Amendment Rules, 2022

June 13, 2022 3042 Views 0 comment Print

Explore the Companies (Appointment and Qualification of Directors) Second Amendment Rules, 2022 affecting Independent Directors. Learn about the new restoration process and its conditions. Stay informed.

Analysis of Companies (Removal of Names of Companies from Register of Companies) Amendment Rules, 2022

June 13, 2022 1176 Views 0 comment Print

MCA has prescribed the number of resubmissions allowed (i.e., 2 resubmissions) along with the period within which resubmission is to be made by the concerned companies when they are in the process of voluntary strike off. The MCA has also revised the formats of Form STK-1, STK-5 & STK-5A.

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