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Implementation of Track & Trace system for export of Pharmaceuticals & drug-Reg.

March 30, 2020 1260 Views 0 comment Print

The date for implementation of Track and Trace system for export of drug formulations with respect to maintaining the Parent-Child relationship in packaging levels and its uploading on Central Portal has been extended upto 01.10.2020 for both SSI and non SSI manufactured drugs. Government of India Ministry of Commerce and Industry Department of Commerce Directorate […]

Change in VAT rate on petrol & diesel in Maharashtra WEF 01.04.2020

March 30, 2020 8028 Views 0 comment Print

VAT (Value added tax) on petrol and diesel increased by Re 1 per litre in Maharashtra with effect from the 1st April 2020. In other words, this means petrol and diesel in Maharashtra become costlier by Re 1. FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated 30th March 2020. NOTIFICATION […]

MHA Order restricting movement of migrants & strict enforement of lockdown

March 29, 2020 1002 Views 0 comment Print

Whereas, movement of a large number of migrants have taken place in some parts of the country so as to reach their home towns. This is a violation of the lockdown measures on maintaining social distance;

Constitution of Empowered Groups under Disaster Management Act 2005

March 29, 2020 1914 Views 0 comment Print

The pandemic of COVID 19 has engulfed the entire world posing serious challenges for the health and economic security of millions of people worldwide. During this unprecedented situation for effectively addressing issues, constraints and scenarios, a well-planned and coordinated emergency response has become essential.

Lockdown period shall not be counted for CIRP Activities: IBBI

March 29, 2020 1872 Views 0 comment Print

1) These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2020. (2) They shall come into force on the 29th March, 2020.

Consolidated Lockdown guidelines and migrant labourers

March 29, 2020 13974 Views 0 comment Print

Ajay Bhalla, IAS Home Secretary Government of India North Block, New Delhi DO No. 40-3/2020-DM-I(A) Date : 29th March, 2020 Dear Kindly refer to my DO letter of even no 24th March 2020 wherein an Order dated 24.03.2020 under Section 10(2)(1) of the Disaster Management Act, 2005 along with lockdown measures to be taken by […]

CCI revises Guidance Notes to Form-I under the Green Channel

March 29, 2020 945 Views 0 comment Print

Ministry of Corporate Affairs CCI revises Guidance Notes to Form-I under the Green Channel The Competition Commission of India (CCI) has revised guidance notes to Form I with a view to incorporate the changes made in Green Channel. The revised Form I, under the Green Channel, will be used to file the notice under Section […]

Restoration of Membership/COP of ICAI

March 29, 2020 13122 Views 0 comment Print

You are hereby, requested to kindly file online Form 9/Form 101 for restoration of Membership/COP to avoid any chance of discontinuance of Membership/COP on the Self Service Portal (SSP) through the following link (click here) latest by 31st March 2020.

Impact of Coronavirus on Financial Reporting & Auditors Consideration

March 29, 2020 7572 Views 0 comment Print

ICAI is concerned about the impact of Coronavirus disease (known as COVID-2019 or COVID-19) on the health of people worldwide as well as on the state of economy and commerce of the world in general and on India specifically. COVID­19 was first reported to the World Health Organisation (WHO) in December 2019 and it has […]

ICAI: Impact of Coronavirus on Audit of Financial Statements

March 29, 2020 8820 Views 1 comment Print

The global pandemic COVID-19 has already had a significant impact on global trade and economy with consequential impact on global and Indian financial markets. This may also have accounting, disclosure, internal control and auditing implications for many entities. There is a great deal of uncertainty as to how the COVID-19 situation will continue to evolve […]

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