Once a successful bidder had accepted and purchased the Corporate Debtor in slump sale under IBC, the bidder could not request to convert that sale into a sale of Corporate Debtor as a going concern from slump sale as it would affect the rights of members of the stakeholders’ committee prejudicially .
The surge of filing ITRs peaked on 31st July, 2022 (due date for salaried taxpayers and other non-tax audit cases) with over 72.42 lakh ITRs being filed on a single day i.e on 31st July,2022.
Learn how to draft a reply to a strike off notice u/s 248(1) of the Companies Act 2013 in the prescribed form STK-1.
The Government plans to table the Development of Enterprise and Services Hubs (DESH) Bill during the ongoing monsoon session of Parliament to overhaul the SEZ Act of 2005 with an aim to make governing provisions of Special Economic Zones (SEZ) more WTO Compliant.
Gem & Jewellery Export Promotion Council (GJEPC), Mumbai is enlisted under Appendix 2E of FTP, 2015-20 for issuing Certificate of Origin (Non Preferential).
Central Government NPS Subscribers can choose any one of the available PFs and Investment Option as per their choice among the following: A. Active Choice – 100% Allocation into Government Securities B. Conservative Auto Choice – 25% Allocation in Equity Asset Class C. Moderate Auto Choice – 50% Allocation in Equity Asset Class
i) increase the automatic route limit from USD 750 million or equivalent to USD 1.5 billion or equivalent. ii) increase the all-in-cost ceiling for ECBs, by 100 bps. The enhanced all-in-cost ceiling shall be available only to eligible borrowers of investment grade rating from Indian Credit Rating Agencies (CRAs). Other eligible borrowers may raise ECB within the existing all-in-cost ceiling, as hitherto.
Last month saw GST revenue collections of Rs. 1,48,995 Crore. This is 28% higher than the corresponding period last year. The growth in GST revenue upto the month of July, 2022 has shown remarkable buoyancy and is about 35% higher as compared to the same period last year.
MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) New Delhi, the 1st August, 2022 Notification No. 23/2015-2020-DGFT Subject: Amendment in import policy condition of HS Code 29335200 under Chapter 29 of ITC (HS) 2022, Schedule – I (Import Policy) S.O. 3578(E).—In exercise of powers conferred by Section 3 and Section […]
Bank staff may help the borrowers in filling up the forms and completing other formalities so that they are able to get credit facility within a stipulated period from the date of receipt of applications.
