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CBDT rectifies 10 mistakes in FINANCE ACT, 2021

April 6, 2021 7374 Views 0 comment Print

MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 6th April, 2021 CORRIGENDA THE FINANCE ACT, 2021 No. 13 OF 2021 In the FINANCE ACT, 2021 (13 OF 2021), as published in the Gazette of India, Extraordinary, Part II, Section 1, dated the 28th March, 2021, Issue No. 15,— Page No. Line(s) No. For […]

Important Judgments related to IBC, 2016 – Oct to Dec 2020

April 5, 2021 7305 Views 0 comment Print

Supreme Court Kridhan Infrastructure Pvt. Ltd. Vs. Venkatesan Sankaranarayan & Ors. [CA No. 3299/2020] As resolution plan was not implemented, the Adjudicating Authority (AA) ordered liquidation of the CD. On appeal, the NCLAT allowed the RA to make certain deposits within certain time. On failure to deposit the amounts, the NCLAT upheld the order of […]

Mah Govt notifies strict measures & curbs for containment of COVID 19

April 4, 2021 1512 Views 0 comment Print

a) All beaches/ gardens/ public grounds to remain closed from 8 PM to 7 AM on weekdays and from 8 PM Friday to 7 AM Monday. b) Between 7 AM to 8 PM on Monday to Friday, visitors to follow strictly Covid Appropriate Behaviour.

Unethical and illegal business practices in e-pharmacy trade

April 3, 2021 2634 Views 0 comment Print

As soon as the markets started reopening in October 2020, after the lockdown, e-pharmacies like Pharmeasy and Medlife indulged in deep discounting on their platforms by giving a flat discount of 30%. To capture the market even further, an additional cashback of 2 0 % was wended to customers with free shipping. Effectively, this translated to a whopping discount of around 40%-45% with free shipping.

Extension of time for CEP Credit Hours for renewal of COP for CMAs

April 2, 2021 2406 Views 0 comment Print

It has been decided by the Council of the Institute to grant extension upto 31st May, 2021 to complete the requirement of CEP Credit Hours for renewal of COP of the members for the year 2021-22.

Guidance Note for CA Intermediate (IPC) (Old) Examination – May 2021

April 2, 2021 1467 Views 0 comment Print

1. Ensure that you are filling the correct exam form. In other words, check the exam application form to see if it relates to Intermediate(IPC)(Old) course or Intermediate(New) course, before you apply. 2. Detailed instructions on filling up the exam forms online are enclosed. Candidates are advised to read, understand and follow the instructions carefully while filling up the form. Please also read the FAQs for Online Forms Intermediate(IPC) hosted onhttps://icaiexam.icai.org

Guidance Note for CA Final (Old) Examination, May, 2021

April 2, 2021 1620 Views 0 comment Print

1. Ensure that you are filling the correct exam form. In other words, check the exam application form to see if it is related to Final (Old) course or Final (New) course, before you apply. 2. Detailed instructions for filling up the exam forms online are enclosed. Candidates are advised to read, understand and follow the instructions carefully while filling up the form. Please also read the FAQs for Online Forms Intermediate (IPC) / Final hosted on https://icaiexam.icai.org

ICAI: Extension for completion of Orientation Course/IT Training

April 2, 2021 834 Views 0 comment Print

Extension for completion of Orientation Course/IT Training by the eligible Intermediate students on or before 31st March, 2021 instead of on or before 31st December, 2020

Cabinet approves Production Linked Incentive Scheme for Food Processing Industry

April 1, 2021 834 Views 2 comments Print

Cabinet approved the Central Sector Scheme – ‘Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) to support creation of global food manufacturing champions commensurate with India’s natural resource endowment and support Indian brands of food products in the international markets with an outlay of Rs. 10900 crore.

SEBI Guidance Note on disclosure of Related Party Transactions

April 1, 2021 16776 Views 1 comment Print

Question 1: When to submit disclosure of related party transaction? Answer: As per regulation 23(9), the listed entity shall submit within 30 days from the date of publication of financial results on half yearly basis.

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