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IBBI extends validity of Educational Course Guidelines

March 11, 2021 489 Views 0 comment Print

IBBI extends the validity of the Insolvency and Bankruptcy Board of India (Online Delivery of Educational Course and Continuing Professional Education by Insolvency Professional Agencies and Registered Valuers Organisations) Guidelines, 2020 till 30th September, 2021.

Maharashtra budget 2021- Concession in Stamp Duty to Women

March 11, 2021 2247 Views 0 comment Print

Concession in Stamp Duty by 1 percent over the prevailing rate exclusively to Women, provided the transfer of house property or registration of sale deed is in the name of women. Increasing State Excise Duty to Rs. 220 percent of manufacturing cost or Rs. 187 per proof litre whichever is high on branded country liquor only.

IFSC International Retail Business Development Committee Report

March 11, 2021 483 Views 0 comment Print

The IFSC can become an important gateway for international investors and businesses to access and participate in the India growth story. This role is currently played by other regional financial centres in Asia, the Middle East, and Europe.

Reg. Anti Dumping Duty on import of ‘Ciprofloxacin Hydrochloride’

March 11, 2021 615 Views 0 comment Print

Whereas, in the matter of ‘Ciprofloxacin Hydrochloride’ (hereinafter referred to as the subject goods), falling under tariff item 2941 90 30 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975)

Arbitration and Conciliation (Amendment) Act, 2021

March 11, 2021 3891 Views 0 comment Print

(1) This Act may be called the Arbitration and Conciliation (Amendment) Act, 2021. (2) Save as otherwise provided in this Act, it shall be deemed to have come into force on the 4th day of November, 2020.

New Functionalities on GST Portal (February, 2021)- Must Know

March 11, 2021 8226 Views 0 comment Print

New Functionalities made available for Taxpayers on GST Portal (February, 2021) 1. Registration i. Post TRN Login, Tracking of Registration Application Status : The Search ARN Functionality for Registration, post TRN Login (ie after TRN is generated by taxpayer/ applicant but has not completed the filing of registration application), has been enhanced for the taxpayers. […]

Kolkata I-T department searches electrical equipment businessmen

March 11, 2021 786 Views 0 comment Print

The Income Tax Department carried out search and seizure operation on 09.03.2021 on various persons based in Kolkata, engaged in the business of Electrical equipment and trading of decorative lighting. The cases were developed through market intelligence and field enquiries. Search and seizure action was carried out at more than 3 premises in Kolkata in the evening of 09.03.2021.

4th FAQs on LTC Cash Voucher Scheme

March 10, 2021 25788 Views 2 comments Print

Whether the full and final settlement of the bills pertaining to LTC Cash Scheme is also to be ensured by 31st March, 2021, without any scope of spill over to the next financial year? As far as possible, the claims should be made and settled well before 31st March, 2021, Ministries/Departments may consider settlement of only those claims/purchases made on or before 31′ March, 2021 beyond the due date, i.e. 31st March, 2021.

HC explains Provisions of Section 138 of NI Act related to trial of offence

March 10, 2021 57861 Views 1 comment Print

Sumit Bhasin Vs State of NCT of Delhi & Anr. (Delhi High Court) Negotiable Instruments Act, provides sufficient opportunity to a person who issues the cheque. Once a cheque is issued by a person, it must be honored and if it is not honoured, the person is given an opportunity to pay the cheque amount […]

Major reforms implemented to boost domestic manufacturing

March 10, 2021 381 Views 0 comment Print

The Government has implemented major reforms in the last one year to boost domestic manufacturing, industrial production and GDP growth. Production-Linked Incentive (PLI) Scheme in 13 key sectors, under the aegis of Aatma Nirbhar Bharat, have been announced for enhancing India’s manufacturing capabilities and exports.

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