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SEBI Chairman launches Securities Market Trainers (SMARTs) Program

November 25, 2020 999 Views 0 comment Print

Shri Ajay Tyagi, Chairman, SEBI launched the Securities Market Trainers (SMARTs) progamme in Mumbai today. The SMARTs programme is a new initiative of SEBI for enhancing the Investor Education activities. Shri G. Mahalingam, Whole Time Member, Executive Directors and other officials of SEBI attended the launch function. The individuals who have been empanelled under the SMARTs program attended the launch via web conferencing.

Kerala & West Bengal also chooses Option-1 to meet GST implementation shortfall

November 25, 2020 558 Views 0 comment Print

Governments of Kerala and West Bengal have communicated their acceptance of Option-1 to meet the revenue shortfall arising out of GST implementation.  The number of States who have chosen this option has gone up to 25. All the 3 Union Territories with Legislative Assembly (i.e. Delhi, Jammu & Kashmir and Puducherry) have also decided in favour of Option-1.

Momentum of reforms continues during pandemic & will continue: FM

November 24, 2020 300 Views 0 comment Print

In the present pandemic times when the headwinds to growth have exacerbated, the reforms momentum has continued, and will continue in the future as well, said Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman while addressing the National MNCs Conference 2020 organised by the Confederation of Indian Industry (CII) here today.

IRDAI (Insurance Surveyors & Loss Assessors) (Amendment) Regulations, 2020

November 24, 2020 16554 Views 1 comment Print

Insurance Regulatory and Development Authority of India (Insurance Surveyors and Loss Assessors) (Amendment) Regulations, 2020 INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA NOTIFICATION Hyderabad, the 24th November, 2020 Insurance Regulatory and Development Authority of India (Insurance Surveyors and Loss Assessors) (Amendment) Regulations, 2020 F. No. IRDAI/Reg/4/170/2020.—In exercise of the powers conferred by clause (x) and […]

HC permits common trial of 3 cases of not declaring foreign account

November 24, 2020 690 Views 0 comment Print

The genesis of trial of three petitions before the trial court is the complaint bearing CC No.511538/16 (Old CC No.131/2014), under Section 276-D of the Income Tax Act dated 28th February, 2015 and the other two complaints rest on the same. Whether the petitioner is holding a foreign account or not is a matter of trial in the first complaint and the assumption that he holds an undisclosed foreign account, which forms basis of other two complaints, is also subject matter of trial.

Anticipatory Bail to management of ‘Milk Food’ in alleged Fake ITC availment case

November 24, 2020 2418 Views 0 comment Print

Naval Kumar Vs CGST (Patiala House Court) In this case , admittedly the total amount as liability of the of the applicants is yet to be adjudicated and assessed. Liability which has been raised by the department is the tentative where show cause notice is yet to be issued and adjudication is still due. Such […]

Release of module for issue of Appeal Number for departmental appeal filed in GST Form APL- 03 – Reg

November 24, 2020 939 Views 0 comment Print

Functionality built for Issue of Appeal Number for Departmental appeal filed in form APL-03 is now available for use by officers of Appeal commissionerates.

Covid 19: Advocates cannot be asked to appear physically before court

November 24, 2020 633 Views 0 comment Print

V. M. Singh Vs Madan Lal Mangotra (Delhi High Court) In view the advisories issued by the High Court, petitioner cannot be asked to appear physically unless the advisory is modified by the High Court, however, recently the High Court has issued a fresh advisory that in case parties do not appear even through virtual […]

IRDAI (Minimum Information Required for Investigation and Inspection) Regulations, 2020

November 23, 2020 4272 Views 0 comment Print

a. These Regulations may be called Insurance Regulatory and Development Authority of India (Minimum Information Required for Investigation and Inspection) Regulations, 2020.

Letter to FM on issues in GSTR 2A & GST 2B – ITC availment

November 23, 2020 6501 Views 2 comments Print

Respected Madam, My self- Rajesh Deshpande from Pune Maharashtra working as a Manager-Finance in Pharmaceutical Company name of SAVA HEALTHCARE LTD. We would like to bring your kind attention towards current system of ITC availement and issues creating regarding at the time of reconciliation. As you are fully aware that, GST2B is inserted on portal […]

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