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Guidelines for PLI Scheme For Automobile & Auto Component Industry

September 23, 2021 3765 Views 1 comment Print

The Production Linked Incentive (PLI) scheme for Automobile and Auto components has been notified vide notification S.O. No. 3946(E) dated 23.09.2021.

DGTR recommends anti-dumping duty on imports of Ceftriaxone Sodium Sterile

September 23, 2021 660 Views 0 comment Print

DGTR recommends the imposition of the antidumping duty on the imports of Ceftriaxone Sodium Sterile, originating in or exported from China PR, from the date of notification to be issued in this regard by the Central Government, equal to the amount mentioned in Col. 7 of the duty table appended below. The landed value of […]

GST evasion & fraudulent ITC availment -SCN not issued in many cases

September 22, 2021 3441 Views 0 comment Print

A detailed analysis to pursue trends in cases of GST evasion & fraudulent ITC availment booked viz-a-viz number of SCNs issued against for the FY 2017-18 [w.e.f. July, 2017], 2018-19 & 2019-20, have been made and it is observed that in GST evasion cases booked and in the Fraudulent ITC cases booked, during the above mentioned period, SCNs have been issued only in few cases.

Exercise of control not relevant for Classification From Promoter To Public Group: SEBI

September 22, 2021 705 Views 0 comment Print

Board of directors of the Company has received Letters from a constituent of promoters and promoter Group in the matter of Re-classification of their shareholding from Promoter category to Public Category. Stock exchanges shall permit reclassification of status of a promoter to public only upon compliance with the procedural requirements laid down under regulations 31A […]

PFRDA (Custodian of Securities) (Amendment) Regulations, 2021

September 22, 2021 573 Views 0 comment Print

These regulations may be called the Pension Fund Regulatory and Development Authority (Custodian of Securities) (Amendment) Regulations, 2021.

FDI Inflows grow 62% during first 4 months of current Financial Year

September 22, 2021 321 Views 0 comment Print

Measures taken by the Government on the fronts of FDI policy reforms, investment facilitation and ease of doing business have resulted in increased FDI inflows into the country. The following trends in India’s Foreign Direct Investment are an endorsement of its status as a preferred investment destination amongst global investors:

Application For Change of Birth Date cannot be Made at the Fag End of Service: SC

September 22, 2021 2334 Views 0 comment Print

Karnataka Rural Infrastructure Development Limited Vs T.P. Nataraja & Ors. (Supreme Court of India) After Considering it’s earlier decisions on the subject, the Hon’ble Supreme Court, in the case of  summarised the law on change of date of birth as under: (i) application for change of date of birth can only be as per the […]

CBIC rescinds Notification No. 11/2016-Customs (ADD)

September 22, 2021 1032 Views 0 comment Print

CBIC rescinds Notification No. 11/2016-Customs (ADD) dated 29th March, 2016 vide Notification No. 52/2021-Customs (ADD) Dated: 22nd September, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 22nd September, 2021 Notification No. 52/2021-Customs (ADD) G.S.R. 649(E).—In exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the Customs Tariff Act, […]

NPS: Enhancement of Lump sum Withdrawal limit on Exit

September 21, 2021 1497 Views 0 comment Print

The exit/withdrawal norms of the Subscribers are defined by PFRDA (Exits and Withdrawals under NPS) Regulations, 2015 and its amendments. As per regulatory mandate, there are certain predefined conditions which fulfill the norms of exit viz premature exit, normal exit and exit due to unfortunate death of the Subscriber.

Income Tax Notification No. 116/2021 Dated: 21.09.2021

September 21, 2021 2172 Views 0 comment Print

In Income tax notification number 112/2021 dated the 16th September, 2021, published vide number S.O. 3801(E) dated the 16th September, 2021 in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (ii), at page 3, in line 9 and 10, for 276522 Ontario Limited read 2726522 Ontario Limited.

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