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Alleged use of spyware Pegasus to compromise phone data

July 19, 2021 303 Views 0 comment Print

IT Minister Shri Ashwini Vaishnaw’s Statement in Parliament on Alleged use of spyware Pegasus to compromise phone data of some persons as reported in Media on 18th July 2021

Rs 21,231 crore spent by 21,349 companies on CSR funds in 2019-20

July 19, 2021 339 Views 0 comment Print

Corporate houses spend a huge sum on Corporate Social Responsibility (CSR) for the welfare of workers and local people in the country. This was stated by Minister of State for the Ministry of Corporate Affairs Shri Rao Inderjit Singh in a written reply to a question in the Lok Sabha today.

Bad Bank launched for stressed assets as a measure to clean up bank books

July 19, 2021 456 Views 0 comment Print

The Government has launched a Bad Bank with all the regulatory approvals in place. This was stated by Minister of State for Finance Dr Bhagwat Kisanrao Karad in a written reply to a question in the Lok Sabha today.

Principal Employers can now View EPF Compliances of their Contractors

July 19, 2021 3006 Views 0 comment Print

Ministry of Labour & Employment (Government of India) EPFO LAUNCHES ELECTRONIC FACILITY FOR PRINCIPAL EMPLOYERS TO VIEW EPF COMPLIANCES OF THEIR CONTRACTORS Now, EPFO registered employer engaging employees through contractor(s) can add the details of contractor(s) & contract employees at EPFO’s Unified Portal: https://unifiedportal-emp.epfindia.gov.in/epfo/ Principal Employers (PE) not registered with EPFO can register on Unified […]

104 startups on boarded on Startup India Showcase Platform

July 19, 2021 447 Views 0 comment Print

Startup India Showcase is an online discovery platform for the most promising startups of the country. These innovations span across various cutting-edge sectors such as Fintech, EntrepriseTech, Social Impact, HealthTech, EdTech, among others. Ecosystem stakeholders have evaluated, nurtured, and supported these startups.  These startups are solving critical problems and have shown exceptional innovation in their respective sectors.

Section 138 NI Act- HC Explains Non-MICR Cheque Bouncing & Notice Under Certificate of Posting

July 19, 2021 12762 Views 0 comment Print

Md. Nasim Ansari son of Late Md. Muslim Vs The State of Jharkhand (Jharkhand High Court) Heard Mrs. Ritu Kumar, learned counsel for the petitioner. 2. Heard Mrs. Vandana Bharti, learned A.P.P. appearing on behalf of the opposite party- State. 3. Heard Mr. Ashok Kr. Sinha, learned counsel appearing on behalf of the opposite party […]

Govt notifies jurisdiction for Competent Authorities under Benami Act

July 19, 2021 3288 Views 0 comment Print

Central Government allocates jurisdiction among Competent Authorities authorized under section 5(1) of Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 for the purpose of section 7 of the Prohibition of Benami Property Transactions Act 1988 MINISTRY OF FINANCE (Department of Revenue) (COMPETENT AUTHORITY CELL) New Delhi Notification No.02 of 2021 |  Dated: 19th […]

Notification No. 37/2021-Customs – Clarifying leviability of IGST

July 19, 2021 2778 Views 0 comment Print

Seeks to amend notification No. 46/2017-Customs dated 30th June, 2017, to clarify leviability of IGST, on recommendation of the GST Council vide Notification No. 37/2021-Customs | Dated: 19th July, 2021. Following clause (d) inserted in Notifications No. 45 & 46 –Customs (d) on the recommendation of the GST Council, for removal of doubt, it is […]

Notification No. 36/2021-Customs – Clarifying leviability of IGST

July 19, 2021 3546 Views 0 comment Print

Seeks to amend notification No. 45/2017-Customs dated 30th June, 2017, to clarify leviability of IGST, on recommendation of the GST Council vide Notification No. 36/2021-Customs | Dated: 19th July, 2021. Following clause (d) inserted in Notifications No. 45 & 46 –Customs (d) on the recommendation of the GST Council, for removal of doubt, it is […]

Advance Ruling cannot be misused when GST DRC-01A has already been issued

July 19, 2021 1791 Views 0 comment Print

We hold that the Authority has been empowered vide Section 104 of CGST Act to declare a Ruling void abinitio. We hold that the Advance Ruling cannot be used as a mechanism to nullify and frustrate the inquiry proceedings already initiated vide section 70(1) of CGST Act. Further, we hold that Advance Ruling cannot be misused when GST DRC-01A has already been issued, even prior to filing of Advance Ruling application.

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