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Govt introduces Companies (Amendment) Bill, 2020 in Lok Sabha
Government introduces Companies (Amendment) Bill, 2020 in Lok Sabha on 17th March 2020. The Companies (Amendment) Bill, 2020, inter alia, provides for the following, namely:—(a) to decriminalise certa...
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Constitution of NCLAT Bench at Chennai
MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 13th March, 2020S.O. 1060(E).—In exercise of the powers conferred by section 410 of the Companies Act, 2013 (18 of 2013), the Central Government...
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Allow companies to consider Restricted Matters via video conferencing: ICSI
ICSI has made a request to MCA to allow participation of directors in a meeting through video conferencing or other audio visual means in which following Restricted matters can be discussed which are...
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Draft Guidance Note on Companies (Auditor’s Report) Order, 2020
The Ministry of Corporate Affairs has issued the Companies (Auditor’s Report) Order, 2020 (CARO 2020) on 25th February 2020 which is applicable for audits of financial statements for the financial yea...
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Agreement between India & Brunei for Exchange of Information notified
Ministry of FinancePosted On: 17 MAR 2020The Agreement between the Government of the Republic of India and the Government of Brunei Darussalam for the exchange of information and assistance in collect...
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President Assents Direct Tax Vivad se Vishwas Act, 2020
on 17th March, 2020 the Act will help Government to reduce Litigation on Direct Taxes and also offer an Opportunity to Taxpayers to get rid of Litigation by opting this Scheme. Full Text of the Direct...
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CA Challenges Constitutional validity of Vivad se Vishwas Act 2020
CA Satyaprakash Singh from Mumbai has challenged Constitutional validity of Section 9 of Vivad se Vishwas Act, 2020 by FIling a Public Interest Petition with Hon’ble Supreme Court of India. By this Pu...
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Extend time-line of 31st March 2020 for Vivad Se Vishwas Scheme
Six Leading bodies of Trade Chartered Accountants in the Country made a Request to Honourable Finance Minister that The time-limit for settling the disputes by payment of 100% of Disputed Tax be exten...
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Privatisation of Companies, Fake Currency & Bank Mergers
Ministry of FinancePrivatisation of CompaniesPosted On: 16 MAR 2020The Government has given ‘in-principle’ approval for Privatisation of 24 CPSEs including Subsidiaries, Units and Joint Ventures with...
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Result of Customs Brokers Examination, 2020 conducted on 06.03.2020
National Academy of Customs, Indirect Taxes and Narcotics (NACIN) had been authorized to conduct examination under Regulation 6 of the Customs Brokers Licensing Examination (CBLR), 2018 vide notificat...
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Cabinet approves scheme for RoDTEP to boost exports
Press Information BureauGovernment of IndiaCabinet Committee on Economic Affairs (CCEA)13-March-2020Cabinet approves scheme for “Remission of Duties and Taxes on Exported Products (RoDTEP)” to boost e...
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Cabinet approves instalment of 4% additional Dearness Allowance
Press Information BureauGovernment of IndiaCabinet13-March-2020 16:56 ISTCabinet approves release of an additional installment of Dearness Allowance and Dearness Relief due from 1.1.2020The Union Cabi...
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Govt brings masks and hand sanitizers under Essential Commodities Act
Ministry of Consumer Affairs, Food & Public DistributionGovt brings masks and hand sanitizers under the Essential Commodities ActDated: 13 MAR 2020In view the ongoing outbreak of COVID-19 (Corona Viru...
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Mere B.Com cannot be registered as valuer for asset class of “Securities or Financial Assets”
The application for registration as valuer of the applicant was received by the Authority only on 19th March 2019. There can be no doubt that the applicant must satisfy the eligibility conditions in a...
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ICAI to review general purpose financial statements of Yes Bank
ICAI Press ReleaseICAI to review general purpose financial statements of Yes BankIn view of the recent media reports as regards certain systemic issues with respect to Yes Bank, Financial Reporting Re...
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Draft Companies (CSR Policy) Amendment Rules, 2020 for comments
Government of IndiaMinistry of Corporate AffairsInvitation for Public Comments on the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2020.Dated: 13/03/2020Corporate Social Respons...
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Last date to file MGT-7 and AOC-4 in J&K & Ladakh extended to 30.06.2020
General Circular No. 09/2020F.No. 01/34/2013 CL-VGovernment of IndiaMinistry of Corporate Affairs5th Floor, ‘A’ Wing, Shastri Bhawan,Dr. Rajendra Prasad Road, New Delhi-1.Dated: 12.03.2020ToAll Region...
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Companies (Incorporation) second Amendment Rules, 2020
MCA notifies Companies (Incorporation) second Amendment Rules, 2020 and amend Annexure, in Form No. INC-28 vide Notiufication dated 12th March 2020.GOVERNMENT OF INDIAMINISTRY OF CORPORATE AFFAIRSNOTI...
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Companies (Registration Offices and Fees) Second Amendment Rules, 2020
MCA notifies ‘Companies (Registration Offices and Fees) Second Amendment Rules, 2020‘ and amends vide Form No.GNL-2 and add the word ‘Filing under Insolvency and Bankruptcy Code, 2016‘ instead of ‘For...
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Nidhi Companies to apply to update their as Nidhi Company
Ministry of Corporate AffairsNidhi Companies to apply to the Central government for updation of their status/ declaration as Nidhi Company in Form NDH-4 in accordance to amended provisions of the Comp...