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Notifications/Circulars

MCA notified amendment in section 403 of Companies Act, 2013 wef 01.07.2022

January 11, 2022 6027 Views 0 comment Print

MCA notified amendment in section 403 of Companies Act, 2013 wef 01.07.2022 which related to Fee For Filing, etc. by notifying section 56 of Companies (Amendment) Act, 2020 Government of India Ministry of Corporate Affairs Notification New Delhi. the 11th  January, 2022 S.O.148(E).- In exercise of the powers conferred by sub-section (2) of section 1 […]

Upcoming e-commerce sales, Control the Deep Discount/Predatory Prices

January 11, 2022 870 Views 0 comment Print

In the wake of proposed republic day sales by All India Mobile Retailers Association stressed in an Open Letter of Concern to brand CEO’s to maintain a level playing field, proper stocks in mainline, price/offer similarity. Else retailers shall harmonise rates by raising debit notes to the distributors. Text of their letter is as follows:- […]

Delhi govt closes Private offices except those in Exempted Category

January 11, 2022 42372 Views 1 comment Print

All Private Offices shall be closed, except those which are falling under the ‘Exempted Category as prescribed in DDMA’s GRAP Order No. 460 dated 08.08.2021. The practice of work from home shall be followed.

Framework for operationalizing the Gold Exchange in India

January 10, 2022 1107 Views 0 comment Print

The supply of the physical gold, to be converted into EGR, shall be the fresh deposit of gold, coming into the vaults, either through imports or through stock exchange/s accredited domestic refineries.

Amendment in Export Policy of Enoxaparin/IVIG (formulation & API)

January 10, 2022 1464 Views 0 comment Print

The export of Enoxaparin (Formulation and API) and Intra-Venous Immunoglobulin (IVIG) (Formulation and API) falling under the ITC (HS) Codes specified above or falling under any other HS Code has been put under restricted category, with immediate effect.

Weekly newsletter from Chairman, CBIC dated 10/01/2022

January 10, 2022 1095 Views 0 comment Print

The first week of the New Year brings with it the onset of the third wave of COVID-19. As the number of cases mount, we need to be ready, individually as well as institutionally, to meet squarely the challenge, as we have in the past. Please do not let your guard down, follow COVID – appropriate behavior at all times; test 85 isolate if necessary; stay safe and keep your colleagues, near 85 dear ones safe.

Advisory Board for Banking & Financial Frauds – Extension of Scope – Rs. 3 cr to 50 cr

January 10, 2022 2577 Views 0 comment Print

The ABBFF will examine all cases of total amount involving Rs.3.00 Crore and up to Rs.50.00 Crore also, which are classified as Fraud and reported to RBI by PSBs and in case of PSFIs, fraud declared, on or after 06.01.2022.

MHA suggestions for Treatment & Care of Transgender Persons in Prisons

January 10, 2022 795 Views 0 comment Print

No. 17013/26/2021-PR Government of India Ministry of Home Affairs *** Women Safety Division, Hall No. 2, Major Dhyan Chand National Stadium, India Gate, New Delhi — 110001 January 10, 2022 To 1. The Chief Secretaries/Administrators of all States and UTs 2. Director General/IG (Prisons) of all States and UTs Sub: Treatment and Care of Transgender […]

Obligatory Cession for financial year 2022-23 for Indian Re-insurers

January 10, 2022 2838 Views 0 comment Print

The percentage cession of the sum insured on each General Insurance Policy to be reinsured with the Indian Re-insurer(s) shall be 4% (four percent) in respect of insurance attaching during the financial year beginning from 1st April, 2022 to 31st March, 2023, except the terrorism premium and premium ceded to Nuclear pool, wherein it would be made ‘NIL’. The entire Obligatory Cession is to be placed with General Insurance Corporation of India (GIC Re) only.

Upcoming functionality – Interest Calculator in GSTR-3B

January 8, 2022 37428 Views 2 comments Print

GST Portal will now provide system computed interest in GSTR-3B to facilitate taxpayers in self-assessment. Interest will be computed in accordance with the Section-50 of the CGST Act, 2017 and proviso thereof, as amended. Interest on liability for the present period shall be computed only on the portion of liability paid by debiting the electronic […]

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