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Notifications/Circulars

EPFO: Committees for Drafting Schemes under Social Security Code 2020

June 2, 2023 1227 Views 0 comment Print

EPFO constituted committees for drafting schemes under Social Security Code 2020. This article provides details of committees and their members.

New Guidelines on Licensing and Stock Limits for Pulses namely tur & urad

June 2, 2023 1833 Views 0 comment Print

The amended order introduces specific stock limits for wholesalers, retailers, big chain retailers, millers, and importers. Notably, the most significant impact of this amendment is the requirement for these entities to declare their stocks’ positions on the portal of the Department of Consumer Affairs.

EPFO Urges Timely Scrutiny of Joint Option Validation Applications

June 2, 2023 1743 Views 0 comment Print

EPFO issued a circular emphasizing the adherence to timelines for scrutinizing applications for validation of joint options.

MahaRERA Real Estate Agent Training and Certification

June 2, 2023 2244 Views 0 comment Print

Maharashtra Real Estate Regulatory Authority (MahaRERA)  has issued Order No: 47/2023 on 2nd June 2023, regarding the training and certification of real estate agents. The order emphasizes the requirement for real estate agents to be registered with MahaRERA and introduces a training and certification course to enhance their knowledge and professionalism. Corporate real estate agents […]

CBIC chairman Highlights Future-Ready Initiatives & Enforcement Successes

June 2, 2023 1233 Views 0 comment Print

Chairman, CBIC shared updates and achievements vide his Weekly newsletter dated 02.06.2022. CBIC Chairman reports on discussions held during a conference on marine assets and preventive functions in Vishakhapatnam. he further updates on ADVAIT Hackathon on Data Analytics, encouraging a data-driven culture within the organization. Additionally, the Directorate of Revenue Intelligence (DRI) recently seized a […]

MCA amends LLP Form No. 3 – LLP Agreement and changes

June 2, 2023 4503 Views 0 comment Print

Ministry of Corporate Affairs has issued notification no. G.S.R. 411(E)  and amended Limited Liability Partnership (LLP) Rules, 2009 vide Limited Liability Partnership (Amendment) Rules, 2023. The amended rules will come into effect from 02nd June 2023. One significant change introduced by the amendment is the substitution of LLP Form No. 3. This form is used […]

Master Circular for Electronic Gold Receipts (EGRs)

June 1, 2023 1386 Views 0 comment Print

Securities and Exchange Board of India (SEBI) has issued a Master Circular (SEBI/HO/MRD/MRD-PoD-1/P/CIR/2023/82) dated June 01, 2023, addressing Electronic Gold Receipts (EGRs). The circular consolidates previous circulars related to EGRs, including frameworks, risk management, guidelines for vault managers and depositories, etc. It rescinds previous circulars but ensures that actions taken or applications made under those […]

CBIC notifies Customs Exchange rate for Import & Export wef 02.06.2023

June 1, 2023 4692 Views 0 comment Print

Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 39/2023 – Customs (N.T.) on June 1, 2023, regarding the exchange rates for import and export transactions. These rates will come into effect from June 2, 2023. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS […]

Company not appointed women director in company – MCA imposes Penalty

June 1, 2023 11514 Views 0 comment Print

MCA issued a penalty order against M.P. Telelinks Limited for violating Section 149(1) of Companies Act, 2013. Violation pertains to non-appointment of a women director as required by law. This article provides an analysis of order and its implications.

MCA imposes penalty for failure to appoint women director

June 1, 2023 1047 Views 0 comment Print

On June 1, 2023, the Registrar of Companies issued Order No. ROC-G/Adj-Penalties/Order/2023/504 to C.T. Cotton Yarn Limited for violating section 149(1) of the Companies Act 2013. The company, along with its directors – Mr. Madan Verma, Mr. Ashavin V Shinde, and Mr. Surendra Singh, were found guilty of not appointing a female director, as mandated […]

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