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IBBI (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2020

February 12, 2020 888 Views 0 comment Print

1. (1) These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2020. (2) They shall come into force on the date of their publication in the Official Gazette.

Banning of Unregulated Deposit Schemes Rules, 2020

February 12, 2020 7923 Views 0 comment Print

(1) These rules may be called the Banning of Unregulated Deposit Schemes Rules, 2020. (2) These rules shall come into force on the date of their publication in the Official Gazette.

Forms for exercise of Lower Income Tax rate option for Companies released

February 12, 2020 30207 Views 0 comment Print

CBDT notifies forms for exercising option u/s 115BAA and 115BAB – Notification No. 10/2020, dated 12-02-2020 Section 115BAA deals New tax rate for domestic companies and Section 115BAB deals with Corporate tax rate for new manufacturing companies for Financial Year 2019-20 onwards. Now CBDT has released FORM No. 10-IC for Application for exercise of option […]

CJMs of UT of J&K Designated as Special Court under Black Money law

February 12, 2020 705 Views 0 comment Print

CBDT designates Courts of Chief Judicial Magistrates (CJM) of the Union Territory of Jammu and Kashmir (UT of J&K) as Special Courts for the purposes of section 280A of the Income tax Act, 1961 and section 84 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015  within their respective […]

Incentivising Bank Credit to Specific Sectors – Exemption from CRR Maintenance

February 10, 2020 681 Views 0 comment Print

Banks are advised that they can claim the first such deduction from the NDTL of February 14, 2020 for the amount equivalent to the incremental credit extended to the sectors indicated above over the outstanding level of credit as at the end of the fortnight ended January 31, 2020.

Life Insurance Corporation (Amendment) Rules, 2020

February 10, 2020 2445 Views 0 comment Print

(1) These rules may be called the Life Insurance Corporation (Amendment) Rules, 2020. (2) They shall come into force on the date of their publication in the Official Gazette.

Export of Personal Protection Equipment/Masks allowed

February 8, 2020 213 Views 0 comment Print

The Notification No. 44 dated 31.01.2020 is amended to the extent that the items such as Surgical Masks/Disposable Masks (2/3 Ply) and all Gloves except NBR Gloves are allowed freely for export. However, export of all other Personal Protection Equipment including N-95 and other Personal Protection Equipment accompanying Masks and Gloves not specified in the […]

Procedure of PAN allotment through Common Application Form

February 7, 2020 7152 Views 0 comment Print

Procedure of PAN allotment through Common Application Form (CAF) along with registration of Foreign Portfolio Investors (FPIs) with SEBI under Department of Economic Affairs and KYC for opening Bank and Demat Account.

Competition Commission of India (General) Amendment Regulations, 2020

February 6, 2020 1545 Views 0 comment Print

1. (1) These regulations may be called the Competition Commission of India (General) Amendment Regulations, 2020. (2) They shall come into force on the date of their publication in the Official Gazette.

The Punjab Right to Business Act, 2020

February 6, 2020 3015 Views 0 comment Print

THE PUNJAB RIGHT TO BUSINESS ACT, 2020 AN ACT to provide for ease of doing business for the newly incorporated Micro, Small and Medium Enterprises through an enabling eco-system for self-declaration, exemptions, speedier approvals and inspections to establish and operate in the State of Punjab and matters connected therewith or incidental thereto.

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