Corporate Law : Explore the complexities of moonlighting under Indian labor laws, its implications, and the perspectives of various sectors on dua...
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...
Income Tax : Explore Income Tax Day 2024s history, significance, and key updates from Budget 2024-25, including enhanced deductions and revised...
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...
Goods and Services Tax : Karnataka HC reviews Sujal Pharma's blacklisting by Karnataka State Medical Supplies Corporation. Key issues include lack of notic...
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 ...
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...
Summary of Measures by CBIC to provide relief to taxpayers in view of COVID-19 pandemic- which includes relief from Interest liability for delayed of filing Form GSTR-3B, Extension in Due dates of GSTR 5. GSTR 6. GSTR 7. GSTR 8, Relief to Composition Taxpayers, Extension of validity period of E-way Bill (EWB) and Waiver of […]
Current Senario The world is facing an unprecedented situation of lockdown which was previously seen in Hollywood movies wherein everything had doomed and one Hollywood Hero would act as a saviour for the whole world. USA used to take charge of such kind of situations and had all the abilities and the tricks to take […]
Analysis of MCA General Circular No. 14/2020 dated 08th April 2020 Clarifying passing of Ordinary & Special Resolution by MCA amid COVID-19 outbreak The Ministry of Corporate Affairs is fully cognizant of the difficulties faced by the companies on account of ongoing nation-wide lockdown and social distancing due to COVID-19. Several representations have been received […]
Passing of Ordinary and Special Resolutions by Companies under Companies Act, 2013 on account of threat posed by Covid- 19 Clarification on passing of Ordinary and Special Resolutions by Companies under the Companies Act, 2013 on account of threat posed by Covid- 19. Pursuant to several representations received by Ministry of Corporate Affairs (MCA) for […]
With the outbreak of COVID-19 across and continuously growing in India, which forced the Indian Government to announce a ‘Lockdown’ for 21 days starting from 00:00 Hours of March 25, 2020. This Lockdown will definitely disrupt the businesses activities of all sectors as the Nation comes to pause. By understanding the disruption of the business […]
Due to Impact of COVID 19 Pandemic, CBIC had provide relaxations w r t filing of GST returns for the month of March, April & May 2020. Consider the due date extension chart given below:- Relaxation announced by CBIC w.r.t.Return/Form filing in view of COVID-19 Pandemic Turnover in preceding financial year Tax period GSTR- 1 […]
MCA has relaxed the provisions for physical attendance and allowed video conferencing for meetings among Covid 19 pandemic situation vide General Circular No. 14/2020 Dated- 08/04/2020 Govt’s proactive steps In the Unprecedented times of Covid 19, the Indian government is taking proactive steps. The Govt is duly empathising with the concerns of the industry, SMEs, […]
Government Grants exemption from Basic Custom duty & Health Cess on import of Ventilators , PPE, COVID Test Kits & Face & Surgical Masks In the context of Covid-19 situation, considering the immediate requirement of ventilators and other items,the Central Government has granted exemption from Basic Customs Duty and Health cess, on the import of […]
Considering the coronavirus outbreak condition Central Government on 24th March, 2020 via Ministry of Corporate Affair notification S.O. 1205 (E) in exercising its power conferred under proviso to Section 4 of Insolvency Bankruptcy Code, 2016 (31 of 2016) enhanced the minimum default threshold from INR One Lakh to INR One Crore.
Wages & Salary 1. Whether employers can reduce the salaries or bonus of the employees for the lockdown period of COVID-19 due to effect on the turnover of the organization? Answer: The Ministry of Home Affairs vide Order no. 40-3/2020 DM-I(A) dated 29.03.2020 has directed all the employers, be it in the industry or in […]