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Guideline for appointment of IP as IRP, Liquidators, RP & Bankruptcy Trustees

June 5, 2020 5391 Views 0 comment Print

Insolvency Professionals to act as Interim Resolution Professionals (IRPs), Liquidators, Resolution Professionals (RPs) and Bankruptcy Trustees (Recommendation) Guidelines, 2020 2nd June, 2020 Corporate Insolvency The Insolvency and Bankruptcy Board of India (Board) is required under the Insolvency and Bankruptcy Code, 2016 (Code) to recommend name of an Insolvency Professional (IP) for appointment as Interim Resolution […]

Suggestions invited for amending Motor Vehicle Rules regarding registration of new vehicles, driving licences, and recall of old vehicles

June 4, 2020 885 Views 0 comment Print

Ministry of Road Transport and Highways has re-invited suggestions and comments from all stake holders including general public on the proposed amendment in the Motor Vehicle Rules regarding registration of new vehicles, driving licences, and recall of old vehicles.

EPFO updates KYC for 52.62 lakh subscribers since 1st April, 2020

June 4, 2020 804 Views 0 comment Print

To extend the availability and reach of online services, which have become crucial in the wake of the COVID-19 pandemic, EPFO updated Know your Customer (KYC) data for its 52.62 lakh subscribers in the month of April and May 2020.

Centre Releases ₹ 36400 Crore as GST Compensation to States

June 4, 2020 657 Views 0 comment Print

Central Government has released the GST Compensation of Rs.36,400 crore to the States/UTs with Legislature for the period from December, 2019 to February, 2020 today.

Guidance on applicability of SS-1 and SS-2

June 3, 2020 11040 Views 0 comment Print

Clarification/ Guidance on applicability of Secretarial Standards on Meetings of the Board of Directors (SS-1) and General Meetings (SS-2). As you are aware, Section 118(10) of the Companies Act, 2013 provides for mandatory observance of SS-1 and SS-2 by all companies.

FOSCOS (Food Safety Compliance System) Launched By FSSAI

June 3, 2020 11199 Views 1 comment Print

FOOD SAFETY COMPLIANCE SYSTEM (FoSCos)- A new system launched by FSSAI –which is effective from 01.06.2020. This the best initiative taken by our Government for the best utilisation of the services provided by FSSAI in regulated manner. This new system has replaced the existing Food Licensing and Registration System (FLRS). FLRS has been used since […]

PM Modi launches the technology platform Champions

June 3, 2020 1413 Views 0 comment Print

Prime Minister Shri Narendra Modi today launched the technology platform CHAMPIONS which stands for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength.

ITAT E-filing portal ready for Launch post compliances

June 2, 2020 1188 Views 0 comment Print

Hon’ble President of ITAT announces to all the stakeholders that the E-Filing Portal developed in the Income Tax Appellate Tribunal is ready for launch post compliance of mandatory security audit in accordance with the Guidelines issued by the Government of India. Justin Pradeep P.Bhatt (Former Judge, Hon’ble Gujarat High Court and Jharkhand High Court) President […]

Road Ministry issues advisory for implementing Rent a Motor Cab/Cycle Schemes

June 2, 2020 1302 Views 0 comment Print

Ministry of Road Transport & Highways Road Ministry issues advisory for implementing Rent a Motor Cab/Cycle Schemes The Ministry of Road Transport and Highways has issued advisory based on the issues received from certain stakeholders in implementing ‘Rent a Motor Cab/Cycle Schemes’ vide No RT-11036/09/2020-MVL(pt-1) dated 01 June 2020 wherein it has been written that […]

GST Council to discuss GST late fee issue (Aug 2017 to Jan 2020)

June 2, 2020 28272 Views 13 comments Print

Issue of GST late fee for the past period (August 2017 to January 2020) to be discussed in the next GST Council meeting. In the recent past tweets have been noticed by the government on the issue of waiver of late fee applicable on non-filing of GSTR 3B returns. The demands are largely for the waiver of late fee for the returns which were required to be filed from the beginning of GST ie August, 2017.

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