SEBI : Explore how aligning ESG compliance with SDGs can bridge gaps in corporate sustainability, ensuring a holistic approach to environ...
Corporate Law : Explore the evolution of corporate insolvency laws pre and post the pandemic. Learn about the challenges faced, judicial interpret...
CA, CS, CMA : Explore the significance of SA 570 in financial audits, focusing on the going concern basis, auditor responsibilities, risk assess...
Corporate Law : Delhi High Court issues landmark directions for e-filing and digitization in district courts, streamlining procedures and ensuring...
Corporate Law : Explore the evolving landscape of POSH policies post-COVID. Discover key amendments and crucial clauses for a comprehensive Sexual...
CA, CS, CMA : Explore the challenges faced by Charitable Trusts due to delays or errors in submitting applications under Section 12A(1)(ac) of t...
Finance : Interim Budget Session 2024 sees high productivity with 12 Bills passed, Lok Sabha and Rajya Sabha exceeding performance targets....
Corporate Law : Stay vigilant against COVID-19 surge! Centre issues advisory to states, emphasizing vigilance, district-wise monitoring, and incre...
CA, CS, CMA : Join free BoS Live Learning Classes by ICAI for CA Final & Intermediate courses appearing in May 2024 exams. Get expert guidance a...
Corporate Law : Vivad se Vishwas scheme for relief to MSMEs for COVID-19 period was commenced from 17.04.2023 & last date for submission of claims...
Goods and Services Tax : Calcutta HC grants relief to petitioner Amit Kumar Singh due to the absence of a GST Appellate Tribunal, directing partial tax dep...
Corporate Law : Kerala High Court intervenes in coercive recovery proceedings against petitioners for financial advance default, granting time for...
Income Tax : Read the detailed analysis of Birla Cement Works STFF Provident Fund's appeal against the late fee imposed under section 234E of t...
Income Tax : Seramudali Kabeer Hamidali's delay in filing ITR due to CA's illness and demise is condoned by Madras HC, setting aside rejection ...
Goods and Services Tax : Kerala High Court ruling deems notice demanding late fees on GSTR-9C filed pre-GST Amnesty Scheme unjust. Full text analysis provi...
Income Tax : For claiming exemption Section 54 to 54 GB of the Act, for which last date falls between 01st April. 2021 to 28th February, 2022 m...
Company Law : After the Covid-19 pandemic no Company Secretary from far of places shown interest to come and join in a hospital business as the ...
Income Tax : CBDT specifies conditions for exemption to money received from employer or other person in Covid cases by family of deceased ide N...
Income Tax : Clause (XII) of the first proviso of clause (x) of sub-section (2) of section 56 of the Income-tax Act, 1961 provides that any sum...
Income Tax : CBDT specifies Document to be submitted by employee to claim exemption on sum received for COVID-19 treatment vide Notification No...
Special measures due to outbreak of covid-19 under Companies act, 2013 (CA 2013) and Limited Liability Partnership Act, 2008 MCA vide its circular no. 11/2020 dated 24th March, 2020 clarified about the reliefs being provided to Companies and Limited Liability Partnerships (LLPs) due to outbreak of COVID-19 to lessen the burden of compliance as follows: […]
This is to inform you that Ministry of MSME, Government of India has come out with Standard Operating Procedure (SOP) for MSMEs at work place to be followed in view of COVID-19 in English and Hindi. For any clarification on SOP, order dated 15.04.2020 issued by Ministry of Home Affairs, Government of India, may kindly be […]
Recent tax and administrative reliefs owing to the pandemic of COVID-19 Since the beginning of 2020, the world has come across an unprecedented pandemic aka COVID-19 abbreviated for “Corona Virus Disease 2019” since it all started towards the end of 2019 in a Chinese city of Wuhan. The disease had spread across several countries by […]
Today, there is no doubt that all humans are facing a situation that was never expected for this generation and has never been faced nor prepared for this epidemic. We all have a particular life style, Business working Culture and this has depended on each country’s economic and life style model. Governments are running their […]
Effect of Covid-19 on Indian Economy – A short Article So, the world is currently struggling with the corona pandemic. Schools, Universities, Offices, Factories all are under lock down. Due to this pandemic we surged with a huge loss of human capital. We can’t ignore the fact that the outbreak of COVID-19 in China is […]
By the time, when most of us woke up on the morning of Tuesday, 21.4.2020, crude oil prices had fallen to below zero levels, for the first time in history. To be more specific, the WTI crude oil closing price was announced at a negative -$37.64 a barrel, at the trade closing hours on NYMEX on 20.4.2020.
The force majeure is the term which initially derives from French civil law and is frequently used in various commercial contracts governed by such common law systems across the world because of the limited remedies otherwise available to the parties when the contract becomes impossible, difficult or onerous to perform due to events outside the affected party’s control.
The period of the moratorium during lockdown will not be reckoned by ICICI Bank for the purposes of computation of the 90-day NPA declaration period. Further, if the lockdown extends beyond 31st May 2020, then these days will be deferred accordingly, irrespective of whether the moratorium itself is extended beyond 31st May 2020.
Hon’ble Court opined that irrespective of the question, as to whether the moratorium as envisaged by RBI would be applicable to the petitioner qua the instalments, any classification of the petitioner’s accounts as NPA in present situation would certainly cause a grave and irreparable loss to the Petitioner.
Today we as a nation along with rest of the world facing the unprecedented situations in form of the Pandemic caused by the virus known as the Corona Virus or COVID-19, the pandemic not only possess the great challenge towards human life but also on Economic front due to the nationwide lock-down implemented by the […]
