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Archive: 25 August 2022

Posts in 25 August 2022

Optional Tables of FORM GSTR-9 & FORM GSTR-9C for FY 2021-22

August 25, 2022 207153 Views 5 comments Print

Learn about the optional tables of FORM GSTR-9 & FORM GSTR-9C for FY 2021-22. Understand the changes and requirements for annual return and reconciliation statement.

Amendments in Schedule-III to Companies Act wef FY 2021-22

August 25, 2022 276729 Views 1 comment Print

MCA amended Schedule III of Companies Act 2013 wef from Financial Year 2021-22 to increase transparency and provide additional disclosures

Issuance of Debit Cards by IFSC Banking Units (IBUs)

August 25, 2022 507 Views 0 comment Print

i. IBUs may issue Debit cards to their customers holding a Current or Savings account with them. ii. Withdrawal of cash in IFSC, using Debit cards issued by IBUs, is not permitted. Withdrawal of cash using Debit cards issued by IBUs, in jurisdictions outside IFSC, is permitted subject to the rules and regulations of the said jurisdiction.

Import Policy of Artemia Cyst amended to Free from Restricted

August 25, 2022 462 Views 0 comment Print

The import policy of artemia cyst under ITC (HS) 05119140 is revised from ‘Restricted’ to ‘Free’ vide Notification No. 28/2015-2020 | Dated 25th August, 2022.  Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade New Delhi Notification No. 28/2015-2020 | Dated 25th August, 2022 Subject: – Amendment in Import […]

AMCs shall ensure scheme wise disclosure of investments: SEBI

August 25, 2022 459 Views 0 comment Print

Securities and Exchange Board of India Circular No. SEBI/HO/IMD/DOF2/P/CIR/2022/111 | Dated: August 25, 2022 To All Mutual Funds/ All Asset Management Companies (AMCs)/ All Trustee Companies/ Boards of Trustees of Mutual Funds/ Association of Mutual Funds in India (AMFI) Dear Sir/ Madam, Subject: Disclosure requirement for Asset Management Companies (AMCs) 1. SEBI has amended the definition […]

GST on Employee Recoveries : An unending ambiguity

August 25, 2022 8256 Views 0 comment Print

Article discusses levy of GST on different types of employee recoveries and the opinions of various advance ruling authorities on the issue.

IBBI directs IP to ensure full compliance with IBC, 2016

August 25, 2022 393 Views 0 comment Print

It is observed in the 22nd CoC meeting that, the CoC members requested Mr. Dinkar to conduct a fresh valuation to be able to evaluate the bids being received more accurately given that the existing valuation exercise reflects value of the Corporate Debtor as on CIRP initiation date i.e 24-Jul-17. The DC notes that the […]

Comparison of word Consumer under Consumer Protection Act, 2019 & Consumer Protection Act, 1986?

August 25, 2022 65793 Views 0 comment Print

Article explains word Consumer under Consumer Protection Act, 2019 & under Consumer Protection Act, 1986 and safeguard provided to Consumer

Critical Questions on Auditor Appointment and Vigil Mechanism

August 25, 2022 2793 Views 2 comments Print

Understand the critical questions surrounding auditor appointment and vigil mechanism. Learn about the complexities and challenges of compliance with the Companies Act.

Filing of 9 forms in MCA21 Version-3.0 to go live from 01.09.2022

August 25, 2022 1956 Views 0 comment Print

09 company forms (CHG-1, CHG-4, CHG-6, CHG-8, CHG-9, DIR-3 KYC, DIR-3 KYC WEB, DPT-3 and DPT-4) to go-live on 01.09.2022 in MCA21 Version-3.0

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