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MCA includes ‘PM CARES Fund’ in CSR Schedule VII

May 26, 2020 6861 Views 0 comment Print

MCA notifies PM CARES as eligible to receive CSR Corpuses of corporates as it amends Schedule VII of Companies Act, 2013 vide Gazette Notification dated 26th May, 2020 and included Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) in Corporate Social Responsibility (CSR) Activities under Section 135 of Companies Act, 2013. […]

Databank for Independent Directors

May 26, 2020 71805 Views 10 comments Print

Independent Directors are directors who are not associated with the company. They are important for strengthening the corporate governance contributing significantly at the boards by bringing a specialized set of skills with an independent judgement. Independent Directors act as the custodians of good governance and balances the interest of the company and the interest of […]

Rules to amend Chartered Accountants Procedure of Meetings of Quality Review Board

May 26, 2020 846 Views 0 comment Print

These rules may be called the Chartered Accountants Procedure of Meetings of Quality Review Board, and Terms and Conditions of Service and allowances of the Chairperson and members of the Board (Amendment) Rules, 2020.

Initiation of Anti-dumping investigation concerning imports of Acrylonitrile Butadien

May 26, 2020 738 Views 0 comment Print

Initiation of Anti-dumping investigation concerning imports of Acrylonitrile Butadiene Rubber originating in or exported from China PR, European Union, Japan and Russia.

RBI notifications on Change in Policy Rates wef 22.05.2020

May 22, 2020 3657 Views 0 comment Print

As announced in the Monetary Policy Statement 2020-21 dated May 22, 2020, the Bank Rate is revised downwards by 40 basis points from 4.65 per cent to 4.25 per cent with immediate effect.

Tax Refunds amounting to Rs. 26242 crore issued since 1st April 2020

May 22, 2020 1068 Views 1 comment Print

Central Board of Direct Taxes (CBDT) has issued tax refunds worth Rs. 26,242 crore to 16,84,298 assessees since 1st April, 2020 to 21st May, 2020. Income Tax refunds amounting to Rs. 14,632 crore have been issued to 15,81,906 assessees and corporate tax refunds amounting to Rs. 11,610 crore have been issued to 1,02,392 assessees during this period.

Guidelines on Insurance Claims of victims of Cyclone Amphan

May 22, 2020 801 Views 0 comment Print

IRDAI Guidelines on Insurance Claims of victims of current Cyclone Amphan (May 2020) in parts of Odisha and West Bengal and other neighboring States

Submit manual CoO applications under ASEAN-India FTA for exports to Thailand & Vietnam: DGFT

May 22, 2020 2325 Views 0 comment Print

Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Dated: 22.05.2020 Udyog Bhawan, New Delhi Trade Notice No. 12/2020-2021 To, 1. All Exporters/Members of Trade 2. All Designated Agencies under FTAs/PTAs Subject: Issuance of Preferential Certificate of Origin for India’s exports to Thailand and Vietnam under ASEAN-India FTA […]

DGFT Includes Gopalpur Port, Odisha as Port of Registration under HBP 2015-20

May 22, 2020 711 Views 0 comment Print

opalpur Port is added by amending the Para 4.37 under Sub Para ‘Sea Ports’ making Gopalpur as a port of registration for various Schemes under the Foreign Trade Policy.

CBIC Appoints CAA in case of M/s Satnam Steels, Rajkot

May 22, 2020 570 Views 0 comment Print

Appointment of Common Adjudicating Authority (CAA) in case of in case of M/s Satnam Steels, Rajkot vide Notification No. 47/2020-Customs (N.T.) dated  22nd May, 2020.

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