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Govt notifies 46 Sections of National Bank for Financing Infrastructure and Development Act, 2021

April 16, 2021 990 Views 0 comment Print

Govt notifies applicability of 46 Sections of National Bank for Financing Infrastructure and Development Act, 2021 with effect from 19th day of April, 2021 MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 16th April, 2021 S.O. 1657(E). – In exercise of the powers conferred by sub-section (3) of section 1 of the […]

Consideration of matters by committee of creditors on committee members request

April 16, 2021 708 Views 0 comment Print

Regulation 18 of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations) provides that a resolution professional (RP) may convene a meeting of the committee of creditors (CoC), when he considers it necessary. He shall, however, convene a meeting of the CoC, if a request to that effect is made by members of the CoC representing 33% of the voting rights.

ADD investigation on imports of ‘Copper & Copper Alloy Flat Rolled Products’

April 16, 2021 1710 Views 0 comment Print

Case No. AD-OI-06/2020 Anti-Dumping investigation concerning imports of Copper & Copper Alloy Flat Rolled Products originating in and exported from China PR, Korea RP, Malaysia, Nepal, Sri Lanka and Thailand

Production Linked Incentive Scheme (PLI) For White Goods (Air Conditioners and Led Lights) Manufacturers In India

April 16, 2021 7899 Views 5 comments Print

The Government has approved the Production Linked Incentive (PLI) Scheme for White Goods (Air Conditioners and LED Lights) to be implemented over FY 2021-22 to FY 2028-29 with a budgetary outlay of Rs. 6,238 crore.

Lighthouse Accounting and Financial Powers (Amendment) Rules, 2021

April 16, 2021 2826 Views 0 comment Print

1) These Rules may be called the Lighthouse Accounting and Financial Powers (Amendment) Rules, 2021. (2) They shall come into force on the date of their publication in the Official Gazette.

CBDT amends Income Tax  rule 2DB & Form No. 10BBA

April 15, 2021 7764 Views 0 comment Print

CBDT amends Income Tax  rule 2DB which relates to conditions to be satisfied by the pension fund for exemption under section 10(23FE) and substitutes/amends Form No. 10BBA – Application for notification under sub-clause (iv) of clause (c) of Explanation 1 to the clause (23FE) of section 10 of the Income-tax Act, 1961 (Pension Fund) MINISTRY […]

Every Saturday declared as a public holiday for LIC of India

April 15, 2021 4077 Views 0 comment Print

Central Government hereby declares every Saturday as a public holiday for Life Insurance Corporation of India, with immediate effect.

Draft Rules under section 16 (5) of OSH&WC Code, 2020

April 15, 2021 1296 Views 0 comment Print

The following draft rules, which the Central Government proposes to make in exercise of powers conferred by Sections 16 (5) of the Occupational Safety, Health and Working Conditions Code, 2020 (37 of 2020) read with section 24 of General Clauses Act, 1897(10 of 1897), are hereby notified

Govt amends Courts for trial of cases under PMLA in Kerala

April 15, 2021 1995 Views 0 comment Print

Govt amends Courts for trial of cases under Prevention of Money Laundering Act, 2002 (PMLA 2002) in Kerala in consultation with the Chief Justice of the concerned High Court. MINISTRY OF FINANCE (Department of Revenue) Notification New Delhi, the 15th April, 2021 S.O. 1648 (E).—In exercise of the powers conferred by sub-section (1) of section […]

2nd CORRIGENDA to Finance Act, 2021 (No. 13 of 2021)

April 15, 2021 3888 Views 0 comment Print

MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi CORRIGENDUM Dated: 15th April, 2021 THE FINANCE ACT, 2021 NO. 13 OF 2021 In the FINANCE ACT, 2021 (13 OF 2021), as published in the Gazette of India, Extraordinary, Part II, Section 1, dated the 28th March, 2021, Issue No. 15,— Page No. Line(s) No. For […]

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