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Formation of Committee to Review IRDAI’S Information & Security Guidelines

February 24, 2021 825 Views 0 comment Print

The economic situation owing to COVID-19 pandemic has seen an exponential increase in cyber-attacks across the globe and in particular, the financial sector. This situation has necessitated Regulators to re-look into their Cyber Security Guidelines applicable to all regulated entities in an effort to protect the financial systems.

Committee formed to Review IRDAI’s Information & Security Guidelines

February 24, 2021 930 Views 0 comment Print

The economic situation owing to COVID-19 pandemic has seen an exponential increase in cyber-attacks across the globe and in particular, the financial sector. This situation has necessitated Regulators to re-look into their Cyber Security Guidelines applicable to all regulated entities in an effort to protect the financial systems.

Physical hearing by NCLT Benches w.e.f. 01.03.2021

February 23, 2021 1287 Views 0 comment Print

All NCLT Benches shall start regular Physical hearing w.e.f. 1.03.2021. In case any counsel/ representative of party expresses difficulty in physical hearing, he/ she may be permitted for virtual hearing.

MCGM order on compulsorily wearing of face mask

February 18, 2021 1392 Views 0 comment Print

All persons moving for whatsoever purpose and under whatever reason or authority in public places like street, office, shops, markets clinics and hospital premises must compulsorily wear face mask.

CBDT extends ad-hoc appointment to the JCIT grade of 163 IRS officers

February 16, 2021 6621 Views 0 comment Print

OFFICE ORDER NO. 37 OF 2021 With the approval of the Competent Authority, the term of ad-hoc appointment of the following IRS Officers to the grade of Joint Commissioner of Income Tax (JCIT) is further extended from 01.01.2021 till they join to the grade of JCIT on regular basis or till the Retirement/VRS of officials, whichever is earlier: –

Center for e-Governance, Karnataka to share Information with CBDT

February 11, 2021 1101 Views 0 comment Print

Order u/s 138 of the Income-tax Act, 1961 for sharing of information with Chief Executive Officer, Center for e-Governance, Govt. of Karnataka vide Notification No. 05/2021 dated 11th February , 2021. Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ***** New Delhi, the 11th February , 2021 Notification No. […]

CBIC rename IRS(C&CE) to IRS(C&IT)

February 10, 2021 6234 Views 0 comment Print

CBIC renames Indian Revenue Service (Customs & Central Excise) [IRS(C&CE)], Group ‘A’ as ‘Indian Revenue Service (Customs & Indirect Taxes)’ [IRS(C&IT)], Group ‘A’. The said change in the nomenclature shall come into force with effect from the date of issue of this order.

Not disclosing information of pending criminal proceedings to register as valuer with IBBI violates Model Code of Conduct

February 9, 2021 741 Views 0 comment Print

Not disclosing information of pending criminal proceedings to register as valuer with IBBI violates Model Code of Conduct The Authority observed that the criminal case was filed on 29.12.2015 and that Mr. Goge had appeared before the Learned Special Judge and was granted bail on furnishing surety. The submission of Mr. Goge that only charge […]

Non-filing of e-Form DIR-12 for Additional Director regularisation: MCA Imposes ₹6 Lakh Penalty

February 5, 2021 2949 Views 0 comment Print

MCA imposes Rs. 6 Lakh penalty on M/s Peoples International & Services Pvt Ltd and its directors for failure to file e-Form DIR-12.

Strict Compliance to Limitation while filing Appeals/Petitions before Courts/ Tribunal

February 5, 2021 2154 Views 0 comment Print

Field formations have been directed to strictly adhere to the aspect of limitation in filing appeals/ petitions before Courts/ Tribunal. CBEC Instruction vide F.No.1080/DLA/50/Tech/Monitoring/SLPs-Appeals/16 dated 01.06.2017 provides timelines for filing SLP and Civil Appeals.

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