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M. Ram Mohan Rao appointed as member of Maharashtra AAR

September 26, 2022 1398 Views 0 comment Print

Mr. M.Ram Mohan Rao has been appointed as member of Maharashtra Advance Ruling Authority in the place of Mr. Rajiv Ranjan under Maharashtra Goods and services tax act, 2017. FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated the 26th September 2022. NOTIFICATION Maharashtra Goods and services tax act, 2017. No. […]

Constitution of Group of Ministers (GoM) on GST System Reforms

September 22, 2022 864 Views 0 comment Print

Government of India Ministry of Finance Department of Revenue New Delhi Office Memorandum No.  S-31011/12/2021-DIR(NC)-DOR | dated 22nd September, 2022 Subject: Constitution of Group of Ministers (GoM) on GST System Reforms reg. In partial modification to the OM of even number dated 24.09.2021 on the subject cited above, it is stated that reconstituted membership of […]

Firewall between Credit Rating Agencies and their Affiliates

September 21, 2022 744 Views 0 comment Print

CRAs shall formulate a policy on separation or firewall practices with the non-rating entities and document the same in their internal operational manuals or governing document. Such policy, and revisions thereto, shall be ratified by the Board of Directors of the CRAs

DGFT extends period for exports of broken rice till 30.09.2022

September 20, 2022 1086 Views 0 comment Print

DGFT extends period for export of broken rice (HS code 1006 40 00) from 15th September, 2022 till 30.09.2022 – Notification No. 34/2015-2020-DGFT

Companies (CSR Policy) Amendment Rules, 2022

September 20, 2022 60633 Views 0 comment Print

Companies (Corporate Social Responsibility Policy) Amendment Rules, 2022 Provided further that a company having any amount in its Unspent Corporate Social Responsibility Account as per sub-section (6) of section 135 shall constitute a CSR Committee and comply with the provisions contained in sub-sections (2) to (6) of the said section.

IBBI (Information Utilities) (Second Amendment) Regulations, 2022

September 20, 2022 600 Views 0 comment Print

These Regulations may be called the Insolvency and Bankruptcy Board of India (Information Utilities) (Second Amendment) Regulations, 2022.

Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Third Amendment) Regulations, 2022

September 20, 2022 1212 Views 0 comment Print

These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Third Amendment) Regulations, 2022.

IBBI (Insolvency Resolution Process for Corporate Persons) (Fifth Amendment) Regulations, 2022

September 20, 2022 531 Views 0 comment Print

These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fifth Amendment) Regulations, 2022.

Compliance Function & Role of Chief Compliance Officer – Urban Co-op Banks

September 19, 2022 5013 Views 0 comment Print

As part of the overall structure for Corporate Governance, the Compliance Function serves a critical role. Therefore, it has been decided to introduce certain principles, standards and procedures for Compliance Function in UCBs, keeping in view the principles of proportionality

NFRA debars CA from practice for 5 years & imposes penalty of Rs. 5 lakh

September 19, 2022 53124 Views 0 comment Print

NFRA imposes monetary penalty of Rs Five Lakhs upon CA Rajiv Bengal In addition he is debarred for Five years from being appointed as an auditor or internal auditor or from undertaking any audit in respect of financial statements or internal audit of the functions and activities of any company or body corporate.

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