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DGGI Gurugram arrests man for fraudulently availing ITC

February 11, 2021 924 Views 0 comment Print

DGGI Gurugram, Haryana, has arrested Shri Ritesh Aggarwal, resident of Bahadurgarh, Haryana on charges of passing and availment of fake ITC while operating dummy, fake and non-existent firms and encashing this unduly availed input tax credit (ITC) through IGST refund mode by showing export of cigarettes.

Representation for widening scope of Vivad Se Vishwas Scheme

February 11, 2021 6918 Views 0 comment Print

Representation for widening the scope of Vivad Se Vishwas Scheme and also relaxing restrictions in Para 8.1, 8.3, 9 and 9.1 of Guidelines for compounding of   offence under Income Tax Act on the petition of an applicant with regard to FAQ No 22.

Empanelment for internal audit at Bihar State Food & Civil Supplies Corporation Ltd.

February 9, 2021 2130 Views 0 comment Print

Notice inviting request for proposals from eligible Chartered Accountant Firms for outsourcing of accounting and financial management and internal audit at Bihar State Food & Civil Supplies Corporation Limited.

Incorporation of Companies in current fiscal increased 21%

February 9, 2021 708 Views 0 comment Print

Ministry of Corporate Affairs Incorporation of Companies in current fiscal increased 21% as compared to corresponding period in previous fiscal Posted On: 09 FEB 2021 5:56 PM by PIB Delhi The number of companies incorporated from April, 2020 till December, 2020 (COVID 19 period) in the Financial Year 2020-21 (till 31-12-2020) compared to corresponding period […]

MCA amended Companies Act 2013 to mitigate blow by COVID-19 pandemic

February 9, 2021 2106 Views 0 comment Print

MCA has taken various measures to address the COVID-19 pandemic by making amendments in the Companies Act, 2013, Rules made thereunder and by issuing various circulars from time to time.  The details of such measures taken by the Ministry are attached as Annexure.

4.74 Lakh Companies benefited by availing CFSS 2020

February 9, 2021 969 Views 0 comment Print

As per records available with the Ministry of Corporate Affairs (MCA), 4,73,131 number of Indian Companies and 1,065 number of Foreign Companies have been benefited by availing the Companies Fresh Start Scheme (CFSS), 2020 for filing their pending documents.

Government relaxes norms for family pension to disabled survivors

February 9, 2021 1857 Views 0 comment Print

Government has issued instructions to liberalise the income criteria for eligibility of a child/sibling of a deceased Government servant/pensioner for grant of family pension under CCS (Pension) Rules, 1972.

Steps to ameliorate COVID-19 impact on Indian economy

February 9, 2021 1326 Views 0 comment Print

As per the Estimates of Gross Domestic Product (GDP) for the First Quarter (Q1) of 2020-21 released by the National Statistical Office (NSO), Ministry of Statistics & Program Implementation (MoSPI), the real GDP in India contracted by 23.9 per cent during the first quarter of 2020-21 (as against 5.2 per cent growth in Q1 of 2019-20).

Schemes launched by MCA during COVID-19 pandemic

February 9, 2021 1569 Views 0 comment Print

MCA has raised the threshold of default under section 4 of Insolvency and Bankruptcy Code (IBC) to Rs. 1 crore from the existing threshold of Rs. 1 lakh vide notification dated 24.03.2020.

Labour initiatives announced in Union Budget 2021

February 9, 2021 1839 Views 0 comment Print

Secretary Labour & Employment Shri Apurva Chandra outlined the key budget announcements for migrant workers and labourers and those related to employment generation. Addressing a press briefing here today on Budget announcements 2021, he explained various labour initiatives and issues.

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