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Govt notifies new chairperson & 2 members in ICAI Quality Review Board

Notification No. G.S.R. 843(E) 30/11/2021

Section 28A of the Chartered Accountants Act, 1949 deals with Establishment of ICAI Quality Review Board. In accordance of the provisions of section 28A  Central Government by notification No. G.S.R. 843(E) dated 30th November, 2021 appoints Ms. Shefali Shah as new Chairman of  ICAI Quality Review Board and Shri K. Saravanan and Ms. Rit...

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National Bank for Financing Infrastructure and Development (Removal of Difficulties) Order, 2021

Notification No. S.O. 4915(E). 01/12/2021

(1) This order may be called the National Bank for Financing Infrastructure and Development (Removal of Difficulties) Order, 2021. (2) It shall come into force from the date of its publication in the Official Gazette....

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Export Policy of Agar Oil & Agarwood Chips & Powder amended

Notification No. 45/2015-2020-DGFT [S.O. 4898(E)] 29/11/2021

Export policy of Agar Oil and Agarwood (Aquilaria Malaccensis) Chips and Powder has been amended from Free to Restricted with immediate effect. Export Quota of 25000 Kg per annum for Agarwood (Aquilaria Malaccensis) Chips and Powder and Export Quota of 1500 Kg per annum for Agar Oil has been notified. The policy condition regarding export...

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Export Policy of Fertilisers – Updation in List of Manufactures/Units of NP/NPK Fertilizers

Notification No. 44/2015-2020 [S.O. 4899(E)] 29/11/2021

List of Manufacturers / Units of NP / NPK, who can freely export their own manufactures subject to the conditions, have been amended by adding the name of M/s Universal Crop Protection to the list of existing entries. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) New Delhi, the 29th [&he...

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Lok Sabha Passes Farm Laws Repeal Bill, 2021

Bill No. 143-C of 2021 29/11/2021

AS PASSED BY LOK SABHA ON 29-11-2021 Bill No. 143-C of 2021 THE FARM LAWS REPEAL BILL, 2021 A BILL to repeal the Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Act, 2020, the Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act, 2020, the Essential Commodities (Amendment) Act, 202...

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ICAI takes disciplinary action against 17 Chartered Accountants

Various Notifications 26/11/2021

ICAI takes disciplinary action against 17 Chartered Accountants vide 17 notifications issued on 26th November 2021. THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (Set up by an Act of Parliament) NOTIFICATION New Delhi, the 26th November, 2021 (CHARTERED ACCOUNTANTS) No. PPR/P/104/15-DD/77/INF/15-BOD/402/17.— In terms of the provisions...

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Section 10(46) exemption to Haryana State Legal Services Authority

Notification No. 133/2021-Income Tax 23/11/2021

Vide Notification No. 133/2021-Income Tax | Dated: 23rd November, 2021 CBDT notifies Tax Exemption to ‘Haryana State Legal Services Authority’ Panchkula (PAN AAALH0475J), an authority constituted by the State Government of Haryana, in respect of the specified income under section 10(46) of Income Tax Act, 1961. MINISTRY OF FINANCE (De...

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CBDT notifies revised Form No. 52A for Assessee producing cinematograph film

Notification No. 132/2021-Income Tax [G.S.R. 831(E)] 23/11/2021

CBDt notifies revised FORM NO. 52A– Statement to be furnished to the Assessing Officer under section 285B of the Income-tax Act, 1961, in respect of production of a cinematograph film under Rule rule 121A of Income-tax Rules, 1962 vide Notification No. 132/2021-Income Tax Dated: 23rd November, 2021. MINISTRY OF FINANCE (Department o...

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Registration with G&JEPC mandatory for Import or export of rough diamonds

Notification No. 43/2015-2020 - DGFT 22/11/2021

Import of rough diamonds shall not be permitted unless the concerned importer is registered with Gems & Jewellery EPC, which is the designated importing and exporting authority of India for Kimberley Process Certification Scheme (KPCS)....

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Food Safety and Standards (Alcoholic Beverages) Amendment Regulations, 2021

F. No. Std/SP-21/T(Alcohol-3) 22/11/2021

These regulations may be called the Food Safety and Standards (Alcoholic Beverages) Amendment Regulations, 2021. They shall come into force on the date of their publication in the Official Gazette. FOOD SAFETY AND STANDARDS AUTHORITY OF INDIA NOTIFICATION New Delhi, the 22nd November, 2021 F. No. Std/SP-21/T(Alcohol-3).—The following dr...

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December 2021