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...
The World Bank (WB) announced on June 30, 2021 that it would be providing over $4 billion for the purchase and deployment of COVID-19 vaccines for 51 developing countries, half of which pertain to Africa. More than half of the financing would come from the International Development Association (IDA), the Bank’s fund for the world’s […]
Government has taken a number initiatives for providing financial assistance to the Micro, Small and Medium Enterprises (MSMEs) to cope with the financial impact of the COVID-19 pandemic
CA Shailesh R Ghedia who is President of Mumbai BJP Professional Cell has requested Uddhav Thackeray Ji, Hon’ble Chief Minister of Maharashtra to allow co-op bank/ private bank staff and CA office staff for all types of bank audit purpose and other ancilliary service providers to commute by local railways. He further requested to allow […]
Relaxation in timelines for compliance with regulatory requirements by Debenture Trustees due to Covid-19 As per the Circular No. SEBI/HO/MIRSD/CRADT/CIR/P/2021/597 issued on July 20, 2021, SEBI relaxes the timelines for compliance with regulatory requirements by Debenture Trustees due to Covid-19. 1. As per SEBI (Debenture Trustees) Regulations, 1993 as amended from time to time and […]
The COVID-19 pandemic has’ had a global impact in the past two years and continues to hit most sectors, with education being one of the hardest hit. Students from all over the world are losing valuable time in their education out of fear of the pandemic during the lockdown imposed. The situation forced institutions to […]
Ministry of Corporate Affairs Various measures taken by Ministry of Corporate Affairs (MCA) to fight COVID-19 pandemic Posted On: 20 JUL 2021 The Ministry of Corporate Affairs (MCA) primarily administers the provisions of the Companies Act, 2013 (the Act), the Limited Liability Partnership Act, 2008 and the Insolvency and Bankruptcy Code, 2016. This was stated […]
Tax exemption to ameliorate stress due to COVID-19 The Government has decided to provide income tax exemption to the amount received by a taxpayer for medical treatment from an employer or from any person for treatment of COVID-19 during the financial year 2019-20 and subsequent years. This was stated by Minister of State for Finance […]
Ministry of Finance Various relief measures for several sectors to fight COVID-19 pandemic Posted On: 19 JUL 2021 The Government has announced various relief measures for several sectors including health infrastructure under the Atmanirbhar Bharat Packages announced on 13th May, 2020 to 17th May, 2020, 12th October, 2020 & 12th November, 2021 involving a total […]
To overcome the impact of challenges being faced by the corporates, Indian Government along with MCA and SEBI has taken several measures like deferment of CARO’s applicability, extension of filing annual audited financial statements; relief for MSMEs & NBFCs, fiscal stimulus of upto Rs. 2 lakh crores to needy people through Aadhar based transfer.
Economic liberalization has resulted in robust growth over the years and has made India an attractive investment destination hub globally. COVID -19 pandemic has surely disrupted the growth chart but it is expected to regain the momentum soon making our country one of the fastest growing large economies. With an intent to promote foreign investment, […]
