Wednesday, July 28, 2021

Govt. Provides Relaxation Under Gas Cylinder Rules, 2016

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The Ministry of Commerce and Industry on Saturday has provided relaxations under Gas Cylinders Rules, 2016 to fast track approvals for imported cylinders and...

IRDAI Directs Network Hospitals To Provide Cashless Treatments To Policy Holders

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The Insurance Regulatory and Development Authority of India (IRDAI) vide its press release dated 23rd April 2021 has directed the network hospitals to provide...

MCA Amends Definition Of Small Companies, Allows NRIs To Incorporate One Person Companies

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The Ministry of Corporate Affairs (MCA) has amended definition of the small companies by amending the Companies Rules. The new amendment permits the non-resident...

Finance Minister Nirmala Sitharaman Inaugurated Chennai Bench Of NCLAT

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Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman inaugurated the Chennai Bench of National Company Law Appellate Tribunal (NCLAT) through virtual mode...

CBDT Launches e-Portal For Filing Complaints Regarding Tax Evasion/Benami Properties/Foreign Undisclosed Assets

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The Central Board of Direct Taxes (CBDT) has launched an automated dedicated e-portal on the e-filing website of the Department to receive and process...

CBIC Introduces Flagship Liberalised Authorised Economic Operator Package For MSMEs

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The Central Board of Indirect Taxes & Customs (CBIC) on January 7 has introduced a new initiative to offer its flagship “Liberalised Authorised Economic...

IBBI Amends Regulations Relating To Corporate Insolvency Proceedings

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The Insolvency and Bankruptcy Board of India (IBBI) amended Regulations relating to corporate insolvency proceedings which came to be known as the Insolvency and...

No Requirement Of Scrip Wise Reporting For Day Trading And Short-Term Sale Or Purchase...

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The Finance Ministry on Saturday issued a clarification stating that there is no requirement of scrip-wise reporting for day trading and short-term sale or...

Finance Ministry Issues Advisory To PSBs To Moot Action Against Personal Guarantors Of Corporate...

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The Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Rules, 2019 empowering creditors to file...

Income Tax Department To Complete All Faceless E-Assessments By Mid-September

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As per the press release issued on 4th Aug, 2020 by Ministry of Finance, the Income Tax Department is hoping to complete all Faceless...

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