The Director-General of Foreign Trade (DGFT) on Monday issued the amendment in the export policy of alcohol-based hand sanitizer. The Central Government was empowered under Section 3 of the Foreign Trade (Development & Regulation) Act,...
The Appellate Authority of Advance Ruling (AAAR) in Karnataka ruled that Goods and Service Tax (GST) is applicable to landscape development and maintenance of garden work for government undertakings as it is covered under subcontract...
The Central Government has extended the Registration and Completion Date of Real Estate Projects under RERA. The Finance Minister said that Adverse impact due to COVID-19 and projects stand the risk of defaulting on RERA...
Just as profits drive business, incentives drive the managers of the business. Not surprisingly then, in a fiercely competitive corporate environment, managerial remuneration is an important piece in the management puzzle. While it is important...
The Customs, Excises, Service Taxes Appellate Tribunal (CESTAT) held that the goods manufactured meant for use by other manufacturers also, cannot be subjected to levy of central excise duty under Section 4A of the Central...
The Insolvency and Bankruptcy Board of India (IBBI) four notifications to amend the provisions of the Insolvency and Bankruptcy Board of India Regulations, 2016. The board notified Insolvency and Bankruptcy Board of India (Insolvency Resolution...
The Insolvency and Bankruptcy Board of India (IBBI), on Friday, issued Insolvency and Bankruptcy Board of India (Liquidation Process) (Second Amendment) Regulations, 2020. The Insolvency and Bankruptcy Board of India (IBBI) seeks to amend liquidation...
The Central Government has recently amended the Central Goods and Services Tax Rules whereby the date for opting for the composition scheme has been extended. The rules further relaxed the 10 percent restriction on the...
To address this difficulty faced by the lockdown due to COVID-19, the Insolvency and Bankruptcy Board of India (IBBI) amended the CIRP Regulations to provide that the period of lockdown imposed by the Central Government...
The Ministry of Corporate Affairs (MCA) has mandated the Time frame for filing declaration in form NDH-4 by Nidhi Companies in order to make the regulatory regime more effective and also to accomplish the objectives...
The Chairman of the Fifteenth Finance Commission has constituted a Committee to review the fiscal consolidation roadmap of the general government. The Terms of Reference of the Committee are – The Committee shall make recommendations...
The National Company Law Appellate Tribunal (NCLAT) is being constituted in Chennai to handle matters arising from Southern states. The Central Government notifies that in the exercise of the powers conferred by section 410 of...
The West Bengal Authority for Advance Ruling (AAR) has held that the Public health, sanitation, conservancy, and solid waste management that such service is a function of ‘public health’ entrusted to Municipalities under Article 243W...
The Central Government, on the recommendations of the Council, has changed certain rules regarding the value of supply of lottery further to amend the Central Goods and Services Tax Rules, 2017 in the exercise of...
The Central Government of India extended the term of appointment of Mr. Ajay Tyagi as a Chairman of the Securities and Exchange Board of India (SEBI) for another six months. The central government through a...
The National Institute of Wind Energy (NIWE) has proposed to recruit one post of Additional Director (Finance & Administration) vacancy of CA. The place of posting will be at Chennai on Deputation Basis for one...
The Ministry of Finance has notified that Non-Banking Financial Institutions (NBFCs) having assets worth 100 Crore rupees and above can be conferred the status of Financial institutions. This comes in the exercise of the powers...
The Gauhati High Court has asked the Central government for fresh consideration by examining the aspect as to whether the order of moratorium of the National Company Law Tribunal (NCLT) also covers the proceeding pending...
The Income Tax Appellate Tribunal (ITAT), Kolkata bench has held that the provisions of disallowance under section 40(a)(ia) of the Income Tax Act, 1961 does not apply to the short deduction of tax as it...
The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has approved the 22nd Law Commission of India for a period of three years from the date of publication of the Order of Constitution...
The Central Board of Direct Taxes (CBDT) has recently amended the definition of ‘unauthorized colonies tax relief under the newly inserted rule 11UAC wherein it was clarified that ‘unauthorized colony’ shall have same meaning as...
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