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12th GST compensation shortfall Instalment of Rs. 6000 cr released to States

January 18, 2021 492 Views 0 comment Print

12th Instalment of Rs. 6,000 crore released to the States as back to back loan to meet the GST compensation shortfall. A total amount of Rs. 72,000 crore released so far to all States and UTs with legislation. This is in addition to additional borrowing permission of Rs. 1,06,830 crore granted to the States.

Relaxations for Listed Companies in respect of General Meting through Virtual mode- Extended till 31.12.2021

January 18, 2021 3984 Views 0 comment Print

Relaxations for Listed Companies in respect of General Meting through Virtual mode- Extended till 31.12.2021 Securities and Exchange Board of India (SEBI) has issued circular no. SEBI/HO/CFD/CMD2/CIR /P/2021/11 dated January 15, 2021 regarding relaxation from compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 due to the CoVID -19 pandemic. SEBI vide Circular no. […]

Company Law Committee Report on Decriminalization of LLP Act, 2008

January 18, 2021 1548 Views 0 comment Print

In continuation of Ministry’s policy to decriminalize minor, technical and procedural offences, it had undertaken action to identify twenty (20) Compoundable offences under the Limited Liability Partnership Act, 2008 and a public notice was placed on MCA website for suggestions and comments from stakeholders with respect to Decriminalization of Compoundable Offences under the Limited Liability Partnership Act, 2008 for improving Business Sentiments. In response to the said notice, some suggestions were received from different stakeholders.

UCK Bank appointing Consultant For IFCOFR Implementation

January 17, 2021 1521 Views 0 comment Print

UCO BANK RFP Ref. No. HO/FIN/1989/2020-21 Date: 06.01.2021 REQUEST FOR PROPOSAL APPOINTMENT OF CONSULTANT FOR IMPLEMENTATION OF INTERNAL FINANCIAL CONTROLS OVER FINANCIAL REPORTING (IFCOFR) Last date of Submission of Proposals: 27th January, 2021 (upto 4.00 pm) The information provided by the Bidders in response to this Request for Proposal (RFP) will become the property of […]

CAIT raises concerns on Maha Govt decision on applicability of GST Circulars

January 16, 2021 1797 Views 1 comment Print

In a communication sent to PM Shri Narendra Modi today,  Confederation of All India Traders (CAIT) has raised serious concerns about an arbitrary decision of Maharashtra Govt which violates the very fundamental of GST being ‘one nation- one tax’. We urge the State Govt to immediately withdraw the circular. “Vyapur Bhawan” 925/1, Naiwala, karol Bagh,New […]

Restrict WhatsApp from implementing it’s new privacy policy: CAIT

January 16, 2021 1368 Views 0 comment Print

In a strong communication sent to Union Minister Shri Ravi Shankar Prasad, Confederation of All India Traders (CAIT) has reiterated that WhatsApp must be restricted from implementing it’s new privacy policy & a technical audit of WhatsApp, Facebook & Instagram must be conducted immediately. Confederation of All India Traders “Vyapur Bhawan” 925/1, Naiwala, karol Bagh,New […]

One held for fraudulently passing on fake ITC of Rs 14.30 crore

January 16, 2021 1131 Views 0 comment Print

The syndicate was being operated by Sh. Nitin Jain, C.A by floating three firms i.e M/s Anshika Metals, M/s N.J Trading Co. and M/s A.J Enterprises using the identity of his family members, with the intent of passing of inadmissible ITC.

Technical Guide on Charges-Registration, Modification & Satisfaction under Companies Act  2013 & LLP Act 2008

January 16, 2021 10392 Views 0 comment Print

ICAI releases Technical Guide on Charges-Registration, Modification & Satisfaction under Companies Act 2013 & LLP Act 2008 The Debt Finance is gaining popularity with the coming times. Almost every individual, LLP, Companies and body corporates borrows money from bank, financial institutions, co-operatives etc. for meeting their day to day requirements. Over the years the Government […]

Technical Guide on provisions of Independent Directors from Corporate Governance perspective

January 16, 2021 1692 Views 0 comment Print

ICAI releases Technical Guide on the provisions of Independent Directors from Corporate Governance perspective Good Corporate Governance is the manifestation of beliefs, values and actions to ensure maximum value creation to the stakeholders. Value creation is a term broader than wealth creation. The objective of corporate governance is to enhance shareholder value keeping in view the interest […]

FAQs on Limited Liability Partnership Act, 2008

January 16, 2021 1869 Views 0 comment Print

ICAI releases E-book containing Frequently Asked Questions (FAQs) on Limited Liability Partnership Act, 2008  The Limited Liability Partnership (LLP) Act, 2008 was enacted by the Parliament of India to introduce and legally sanction the concept of LLP in India, unlike the general partnerships in India. The Act was notified on 31st March 2009. It provides an […]

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