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Notifications/Circulars

IRDAI imposes penalty of Rs. 5 Lakh on Bharti AXA General Insurance Company Ltd

December 31, 2020 930 Views 0 comment Print

The penalty amount of Rs. 5 lakhs (Rupees five lakh only) shall be remitted by the Insurer by debiting the shareholders’ account within a period of forty five days from the date of receipt of this order through NEFT/RTGS (details for which will be communicated separately).

Notification No. 53/2015-2020 Dated: 31.12.2020 – Delegation of Financial Power

December 31, 2020 2826 Views 0 comment Print

MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF TRADE REMEDIES) New Delhi, the 31st December 2020 Notification No. 53/2015-2020 S.O. 4794(E).—In exercise of the powers conferred by section 13 of the Foreign Trade (Development and Regulation) Act, 1992 (22 of 1992) and in supersession of the earlier Notifications mentioned below, the Central […]

Clarification on passing of ordinary & special resolutions by companies

December 31, 2020 3645 Views 0 comment Print

Clarification on passing of ordinary and special resolutions by companies under the Companies Act,2013 read with rules made thereunder on account of COVID-19- Extension of time. General Circular No. 39/2020 F.No. 2/6/2020-CL-V Government of India Ministry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan, Dr. R. P. Road, New Delhi Dated: 31st December, 2020 […]

Govt notifies extend due dates of Tax Audit/ITR/VSV Scheme

December 31, 2020 25500 Views 0 comment Print

Govt notifies extend due dates of Tax Audit/ITR/VSV Scheme vide Notification No. 93/2020-Income Tax dated 31st December, 2020 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 93/2020-Income Tax New Delhi, the 31st December, 2020 S.O. 4805(E).—In exercise of the powers conferred by sub-section (1) of section 3 of the Taxation […]

Vivad Se Vishwas Scheme extended till 31/01/2021 (Notification)

December 31, 2020 3441 Views 0 comment Print

Vivad Se Vishwas Scheme extended till 31/01/2021 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 92/2020-Income Tax New Delhi, the 31st December, 2020 S.O. 4804(E).—In exercise of the powers conferred by section 3 of the Direct Tax Vivad se Vishwas Act, 2020 (3 of 2020), the Central Government hereby makes […]

SEBI Relaxes timelines for compliance with regulatory requirements till 28.02.2021

December 31, 2020 1587 Views 0 comment Print

In view of the prevailing situation due to Covid-19 pandemic and representation received from the Stock Exchanges, it has been decided to extend the timelines for compliance with the following regulatory requirements by the trading members / clearing members

Creation of Security in issuance of listed debt securities and ‘due diligence’ by debenture trustee(s) – Extension of timeline for implementation

December 31, 2020 1077 Views 0 comment Print

SEBI, vide circular no. SEBI/HO/MIRSD/CRADT/CIR/P/2020/218 dated November 03, 2020, specified requirements with regard to creation of security in issuance of listed debt securities and due diligence to be carried out by debenture trustee(s), which were applicable from January 01, 2021.

Interest rates for Small Savings Schemes w.e.f. 01.01.2021

December 31, 2020 4395 Views 0 comment Print

Rate of interest on various Small Savings Schemes (National Savings Schemes) for the fourth quarter of financial year 2020-21 (starting from 1st January, 2021 and ending on 31th March, 2021) shall remain unchanged from those notified for the third quarter of Financial Year 2020-21

GST annual returns due date for FY 2019-20 extended till 28.02.2021

December 30, 2020 32541 Views 0 comment Print

CBIC hereby extends the time limit for furnishing of the annual return specified under section 44 of the said Act read with rule 80 of the said rules, electronically through the common portal, for the financial year 2019-20 till 28.02.2021.

Companies (Meetings of Board and its Powers) Fourth Amendment Rules, 2020

December 30, 2020 10569 Views 0 comment Print

These rules may be called the Companies (Meetings of Board and its Powers) Fourth Amendment Rules, 2020. They shall come into force on the date of their publication in the Official Gazette.

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