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Ministry of Commerce & Industry Posted On: 05 FEB 2021 3:07PM by PIB Delhi Startup India Seed Fund Scheme (SISFS) has been approved for the period of next four years starting from 2021-22. It will be...

Ministry of Fisheries, Animal Husbandry & Dairying Budget Announcements 2021-22 Posted On: 04 FEB 2021 Fisheries has been recognized as a ‘Sunrise Sector’ and has demonstrated an outstanding double-di...

Ministry of Finance Budget 2021 clearly marks directional change for Indian economy: Finance Minister Smt. Nirmala Sitharaman Infrastructure, health & agriculture – three large areas where big-ticket...

Press Release by CGST Delhi South Commissionerate regarding arrest of a Director of a company under CGST Act, 2017 for non deposit of Rs. 24.96 crores of GST collected but not paid OFFICE OF THE PRINC...

Ministry of Finance DGGI Gurugram arrests one for collecting GST of Rs. 12.67 crore and withholding from onward deposit to Government Posted On: 04 FEB 2021 The Directorate General of GST Intelligence...

GOODS AND SERVICE TAX COUNCIL Issue-22, January 2021 Announcements Related to GST in Union Budget 2021-22 On 1 February, 2021 the Hon’ble Finance Minister, Smt. Nirmala Sitharaman presented the first...

Payment of Tax by Fixed Sum Method under QRMP Scheme 03/02/2021 1. W.e.f. 1st January, 2021, following two options are available to the Taxpayers who are under Quarterly Returns and Monthly Payment of...

Office of the Principal Commissioner, Central Goods and Services Tax, Meerut Mangal Pandey Nagar, Opposite C.C.S University, Meerut-250005, Phone No. 0121-2762632, Fax No. 2761783 Dated: 3rd February...

Ministry of Corporate Affairs Posted On: 05 FEB 2021 During the fiscal 2021-22, the Ministry of Corporate Affairs (MCA) will launch data analytics driven MCA21 Version 3.0. This Version will have addi...

Ministry of Finance 14th Instalment of Rs. 6,000 crore released to the States to meet the GST compensation shortfall A total amount of Rs. 84,000 crore released so far to all States and UTs with legis...

Ministry of Finance Income Tax Department conducts searches in Assam Posted On: 03 FEB 2021 Income Tax Department carried out search and survey action on 29.01.2021 in the cases of three leading busin...

Ministry of Corporate Affairs MCA initiates process of De-criminalisation of compoundable offences under Limited Liability Act, 2008 Posted On: 03 FEB 2021 With the object of unleashing the entreprene...

Bhartiya Villa Salahkar Samiti (BVSS) has suggested Government to not to delete the provisions of GST Audit by audit professionals. Text of their Press Release is as follows:- Reg: suggestion not to d...

Ministry of Mines Import duty on copper scrap reduced from 5% to 2.5%, announced in Union Budget 2021-22 To boost metal recycling in the country Posted On: 03 FEB 2021 Reduction of import duty on copp...

In addition, the fast track process for mergers under the Companies Act, 2013 has also been now extended to also include mergers of Startups with other Startups and with Small companies, so that the p...

Companies (Specification of Definitions Details) Amendment Rules, 2021- Small Companies Definition- For the purposes of sub-clause (i) and sub-clause (ii) of clause (85) of section 2 of Companies Act,...

MCA amends rules 6 related to One Person Company to Convert Itself into a Public Company or a Private Company in Certain Cases and Rule 7 related to Conversion of private company into One Person Compa...

The Union Budget 2021-22 was clearly growth focused with sharp increase in capex allocation (up ~26% YoY), and outlining manufacturing as the key pillar for the economy, while rightly allowing for hig...

Ministry of Finance GOVERNMENT TO INTRODUCE SINGLE SECURITIES MARKETS CODE SUPPORT FOR DEVELOPMENT OF A WORLD CLASS FIN-TECH HUB AT GIFT-IFSC A PERMANENT INSTITUTIONAL FRAMEWORK TO BE CREATED TO PURCH...

Ministry of Finance FDI LIMIT IN INSURANCE SECTOR INCREASED FROM 49% TO 74% AND FOREIGN OWNERSHIP AND CONTROL ALLOWED WITH SAFEGUARDS ASSET RECONSTRUCTION COMPANY LIMITED AND ASSET MANAGEMENT COMPANY...