Recently a message is circulating on Social Media which claims that Financial Year 2019-20 ending on 31.03.2020 is been extended to end on 30.06.2020. With this message a Government notification issued by Ministry of Finance is also been circulated. Here we would like to clarify that this notification is not fake but someone either deliberately […]
CBIC extends the exemption from Integrated Tax and Compensation Cess upto 31.03.2021 on goods imported against AA/EPCG authorizations vide Notification No. 18/2020-Customs dated 30th March, 2020.
Government of Andhra Pradesh (AP) and Directorate of Revenue Intelligence (DRI) have been allowed time upto 31.12.2020 to complete the process of export of respective allocated quantities of Red Sanders wood vide Notification No. 56/2015-2020 dated- 30th March, 2020. Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade […]
SEBI extends the due date for regulatory filings for AIFs and VCFs for the periods ending March 31, 2020 and April 30, 2020 by two months, over and above the timelines prescribed under SEBI (Alternative Investment Funds) Regulations, 2012 and circulars issued thereunder. Securities and Exchange Board of India SEBI/H0/1MD/DF1/CIR/P/2020/58 March 30, 2020 All Alternative […]
The Notification No. 34/2015-20 dated 13.01.2017 is amended to the extent that now the ‘Health Certificate’ for items specified under Serial No. 41 and 171 of Schedule 2 of ITCHS Export Policy for export of Animal By-Products will be issued by Export Inspection Council. All other terms and condition of Notification No. 34/2015-20 dated 13.01.2017 […]
Today Government notifies Indian Stamp (Collection of Stamp-Duty through Stock Exchanges, Clearing Corporations and Depositories) (Second Amendment) Rules, 2020 which further amended further amend the Indian Stamp (Collection of Stamp-Duty through Stock Exchanges, Clearing Corporations and Depositories) Rules, 2019. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 30th March, 2020 G.S.R. 226(E).—In exercise […]
The Reserve Bank shall notify the Government securities that shall be eligible for investment under the FAR (hereinafter, ‘specified securities’). These securities will continue to be eligible for investment by residents. ‘Specified securities’, once so designated, shall remain eligible for investment under the FAR until maturity.
VAT (Value added tax) on petrol and diesel increased by Re 1 per litre in Maharashtra with effect from the 1st April 2020. In other words, this means petrol and diesel in Maharashtra become costlier by Re 1. FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated 30th March 2020. NOTIFICATION […]
1) These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2020. (2) They shall come into force on the 29th March, 2020.
(1) These regulations may be called the Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2020. (2) They shall come into force on the 28th March, 2020.
