The Council of the Institute of Company Secretaries of India (ICSI) has notified ICSI (Continuous Professional Education) Guidelines, 2019 {‘ICSI (CPE) Guidelines, 2019’} for every member of the ICSI. Extension of CPE Timeline for the year 2020-21 Kindly note that ICSI on 27th March, 2021 has given notification stating EXTENSION OF TIME FOR OBTAINING THE […]
What is GST Audit? Audit under GST is the process of examination of records, returns and other documents maintained by a taxable person. The purpose is to verify the correctness of turnover declared, taxes paid, refund claimed and input tax credit availed, and to assess the compliance with the provisions of GST. Key Objective: 1. […]
The Food Safety and Standards (Alcoholic Beverages) First Amendment Regulations, 2020 MINISTRY OF HEALTH AND FAMILY WELFARE, Food Safety and Standards Authority of India (FSSAI) vide Notification No. F. No. Stds/SP(water and Beverages)/Notification(1)/FSSAI-2019 dated 18th December, 2020 has come up with the Food Safety and Standards (Alcoholic Beverages) First Amendment Regulations, 2020 in exercise of […]
Employees’ Provident Fund Organization (EPFO), India Ministry of Labour & Employment, Government of India has issued and launches electronic facility for PRINCIPAL EMPLOYERS to view EPF compliances of their contractors. EPFO has introduced a facility for interlinking of Principal Employers with respective contract employers for effective compliance. ♥ Principal Employer: In a factory, the owner […]
One Person Company: Sec 2(62) ‘One Person Company’ means a company which has only one person as a member. For OPC: Return Filing Provisions & AGM ♥ Section 137 of the Companies Act, 2013 One Person Company shall file a copy of the financial statements duly adopted by its member, along with all the documents […]
Ministry of Corporate Affairs vide notification No. S.O. 325(E)., dated 22nd January, 2021 has come out with date on which provisions of the Companies (Amendment) Act, 2020 (29 of 2020) shall come into force. In exercise of the powers conferred by sub-section (2) of section 1 of the Companies (Amendment) Act, 2020 (29 of 2020), […]
Understand the basics of Income Tax Return (ITR) and penalty provisions. Learn about the income tax slab and rates for FY 2020-21.
The Food Safety and Standards Authority of India, vide Gazette ID CG-DL-E-10122020-223635 issued dated 18.11.2020 and published in Gazette on 10.12.2020 has framed The Food Safety and Standards (Labelling and Display) Regulations, 2020. The Food Authority has decided to divide the Food Safety and Standards (Packaging and Labelling) Regulations, 2011into two regulations, – (i) the […]
NSE and BSE both vide Circular Ref No: NSE/CML/2020/53 and notice no. 20201106-39 dated 06.11.2020, respectively has issued circular stating Action(s) to be initiated against listed companies for non-payment of outstanding Annual Listing Fees (“ALF”) for Financial Year 2020-21.
42nd GST Council meeting outcome : Key highlights dated 5th October, 2020 The 42nd GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman via video conferencing today i.e. 05th day of October, 2020 via video conferencing in New Delhi. Union minister of state (MoS) for finance Anurag Thakur […]
