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Sunset Review Investigation of imports of Sodium Citrate from China

April 30, 2020 897 Views 0 comment Print

The scope of the present review covers all aspects of the final findings No. 14/23/2013-DGAD dated 26th February, 2015 concerning imports of Sodium Citrate, originating in or exported from the People’s Republic of China.

Companies (Appointment and Qualification of Directors) Second Amendment Rules, 2020

April 29, 2020 6825 Views 0 comment Print

MCA has issued Companies (Appointment and Qualification of Directors) Second Amendment Rules, 2020 which are applicable from 29th April 2020 and by this Registration of details of Independent Directors in Independent Directors Data Bank who were director on 1st December 2019 is been allowed till 30th June 2020. Revised rules now provide that Every individual who […]

Draft Procedure for Submission of Audit Files to NFRA

April 28, 2020 3720 Views 0 comment Print

NFRA proposes to prescribe the procedures to be followed by all entities regulated by NFRA for submission of Audit Files to NFRA. NFRA invites comments from regulated entities on the procedure described in this draft document in Annexure A.

Kerala Flood Cess Return filing dates extended for Feb 20 to May 20

April 28, 2020 15267 Views 0 comment Print

But various trade bodies/organizations have raised certain practical difficulties with regards to the filing of Kerala Flood Cess returns along with GSTR 3B returns due to the unprecedented spread of pandemic COVID-19. The matter have been examined and found that the issues raised need to be redressed.

Statutory Branch Audit of Banks – Guidelines Revised- COVID-19

April 27, 2020 2349 Views 0 comment Print

In view of the difficulties expressed by certain banks in the matter of conducting Statutory Branch Audit in PSBs on account of lockdown situation prevailing due to the spread of COVID-19 in the country, the matter was examined by RBI.

Revised Differential rate of assistance under TMA WEF 28.03.2020

April 27, 2020 2289 Views 0 comment Print

Central Government had introduced a Scheme titled Transport and Marketing Assistance (TMA) for Specified Agriculture Products. In this scheme it is now provided that Assistance for products exported by air would be based on per kilogram freight charges on net weight of the export cargo, calculated on full kilogram basis, ignoring any fraction thereof. It […]

Foreign Exchange Management (Non-debt Instruments) (Second Amendment) Rules, 2020

April 27, 2020 15228 Views 0 comment Print

Acquisition after renunciation of rights.- A person resident outside India who has acquired a right  from a person resident in India who has renounced it may acquire equity instruments (other than share warrants) against the said rights as per pricing guidelines specified under rule 21 of these rules

CBDT notifies Protocol Between India And Austria

April 24, 2020 1776 Views 0 comment Print

Protocol Between The Government Of The Republic Of India And The Government Of The Republic Of Austria Amending The Convention For The Avoidance Of Double Taxation And The Prevention Of Fiscal Evasion With Respect To Taxes On Income, Which Was Signed At Vienna On 8 November, 1999

Corrigendum to Notification No. 17/2020-Customs, dated 25.03.2020

April 24, 2020 3498 Views 0 comment Print

Corrigendum to Notification No. 17/2020-Customs, dated 25th March, 2020 MINISTRY OF FINANCE (Department of Revenue) CORRIGENDUM New Delhi, the 24th April, 2020 G.S.R. 263(E).—In the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 17/2020-Customs, dated the 25th March, 2020, published in the Gazette of India, Extraordinary, Part II, […]

Insurance companies allowed to do KYC through Aadhaar Authentication

April 23, 2020 2121 Views 0 comment Print

To facilitate general public to easily fulfil Know Your Customer (KYC) norms while availing insurance services, IRDAI has recommended for allowing insurance companies to avail Aadhaar Authentication Services of the Unique Identification Authority of India.

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