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Food Safety and Standards (Labelling and Display) First Amendment Regulations, 2021

September 10, 2021 2178 Views 0 comment Print

(1) These regulations may be called the Food Safety and Standards (Labelling and Display) First Amendment Regulations, 2021. (2) They shall come into force on the date of their publication in the Official Gazette and Food Business Operator shall comply with all the provisions of these regulations by 17th November, 2021.

Govt changes Jurisdiction of certain Debts Recovery Tribunals

September 10, 2021 4332 Views 0 comment Print

MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 10th September, 2021 S.O. 4145(E).—In exercise of the powers conferred by section 3 of the Recovery of Debts and Bankruptcy Act, 1993, (51 of 1993), the Central Government hereby makes the following amendment in the notification of the Government of India in the Ministry […]

CRM for offsetting gross exposure of foreign bank branches in India to Head Office

September 9, 2021 867 Views 0 comment Print

Reserve Bank of India RBI/2021-22/97 DOR.CRE.REC.47/21.01.003/2021-22 September 09, 2021 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir/Madam, Large Exposures Framework – Credit Risk Mitigation (CRM) for offsetting – non-centrally cleared derivative transactions of foreign bank branches in India with their Head Office Please refer to circular No. DBR.No.BP.BC.43/21.01.003/2018-19 dated June 03, 2019 on […]

Government Provides Big Boost to Exporters

September 9, 2021 753 Views 0 comment Print

Under the decisive leadership of Hon’ble Prime Minister Shri NarendraModi, Government of India has decided to budget Rs 56,027 crore in this Financial Year FY 21-22 itself in order to disburse all pending export incentives due to exporters. This amount includes claims relating to MEIS, SEIS, RoSL, RoSCTL, other scrip based schemes relating to earlier policies and the remission support for RoDTEP and RoSCTL for exports made in the 4th quarter of FY 20-21. Benefits would be disbursed to more than 45,000 exporters, out of which about 98% are small exporters in the MSME category.

GST on managerial & leadership services provided by Registered/Corporate Office to Group Companies

September 9, 2021 2175 Views 0 comment Print

Whether the managerial and leadership services provided by the Registered/Corporate Office to its Group Companies can be considered as ‘supply of service’, in terms of Section 7 of CGST Act, 2017?

GST on batteries for use in warship applications of Indian Navy

September 9, 2021 1284 Views 0 comment Print

In re Exide Industries Limited (GST AAR Maharashtra) Batteries will be considered as parts of vessels falling under heading 8901, 8902, 8904 to 8907, only if they are used in manufacturing goods falling under Tariff Headings 8901, 8902, 8904 to 8907. We agree with the applicant’s contention that the batteries supplied by them for exclusive […]

Notification No. 33/2021-Customs (N.T./CAA/DRI), Dated: 09.09.2021

September 9, 2021 1644 Views 0 comment Print

Notification No. 33/2021-Customs (N.T./CAA/DRI), Dated: 09.09.2021 | Appointment of CAA by Pr. DGRI Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Directorate of Revenue Intelligence Notification No. 33/2021-Customs (N.T./CAA/DRI) New Delhi, dated 09.09.2021 S.O.3684 (E). – In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. […]

Notification No. 32/2021-Customs (N.T./CAA/DRI) | Dated: 08.09.2021

September 8, 2021 759 Views 0 comment Print

Notification No. 32/2021-Customs (N.T./CAA/DRI) | Dated: 08.09.2021 Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Directorate of Revenue Intelligence Notification No. 32/2021-Customs (N.T./CAA/DRI) New Delhi, dated 08.09.2021 S.O. 3639(E). In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4thJune 2015 in Gazette of […]

CA Students allowed to appear in Old/ New scheme in Nov, 2021 exam

September 8, 2021 510 Views 0 comment Print

Students converted from earlier scheme to revised scheme from July 21, 2021 to August 20, 2021 allowed to appear in Old/ New scheme in November, 2021 examination

Title Insurance Products

September 8, 2021 1641 Views 1 comment Print

Title insurance is a form of indemnity insurance that protects a potential owner of a property against financial loss from defects in title to real property. The policy is a retrospective one where the insured is protected against losses arising from the events that occurred prior to the date of issuing the policy.

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