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Income Tax Dept to Share Information with Ministry of MSMEs [Read Notification]

The Central Board of Direct Taxes (CBDT) on Tuesday notified that the Additional Secretary and Development Commissioner, Ministry of Micro Small and...

MCA extends term of office of Judicial Member as Acting President, at NCLT for 1 month [Read...

RBI issues Fair Practices Code for Asset Reconstruction Companies

MCA enables Form PAS-6 for E-Filing

COVID-19 Lockdown Won’t Impact 3-month Cheque Validity, rules SC [Read Order]

ICAI releases Technical Guide on Accounting for Expenditure on CSR Activities

The CSR Committee of the Institute of Chartered Accountants of India ( ICAI ) has released the Technical Guide on Accounting for Expenditure on Corporate Social Responsibility Activities on 1st July...

Delhi HC stays Imposition of Penalty on Insolvency Professionals alleged to have violated terms of Memorandum against provision of IBC

The High Court of Delhi stayed the imposition of penalty on Insolvency Professionals alleged to have violated terms of Memorandum against the provision of the Insolvency and Bankruptcy Code (IBC). The...

Karnataka HC directs RBI to Monitor Implementation of Loan Moratorium Circular [Read Judgment]

The Karnataka High Court, on Thursday, held that the Reserve Bank of India (RBI) is required to monitor the implementation of its March 27 circular granting a loan moratorium to borrowers in the face...

ICSI urges Relief under Companies Fresh Start Scheme, 2020 [Read Letter]

The Institute of Company Secretaries of India (ICSI) has requested relief under the Companies fresh start scheme, 2020. In the view of pandemic COVID-19 the Ministry of Corporate Affairs (MCA), has...

Rajesh Verma appointed as Chairperson of IEPF Authority [Read Notification]

Odisha Cadre IAS Officer Rajesh Verma has been appointed as Chairperson of the Investor Education and Protection Fund Authority (IEPFA). Verma will replace Injeti Srinivas following the latter’s...

Injeti Srinivas appointed as the Chairman of International Financial Services Centres Authority [Read Notification]

The Ministry of Finance (MoF) has notified the appointment of Injethi Srinivas, IAS as the 1st Chairman of International Financial Services Centres Authority (IFSCA). IFSCA is a unified body to...

COVID-19: Capacity adjustment in the case of Captive Service Providers – Judicial Precedents

Even as we enter the second quarter of FY 2020-21 amidst Unlock 2.0, COVID-19 continues to have an impact on businesses. But whilst businesses start to reopen and the second quarter is expected to be...

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