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Discussion Paper on Engagement of ‘professionals’ in a CIRP
17th December, 2020- IBBI Discussion Paper on Engagement of ‘professionals’ in a Corporate Insolvency Resolution Process (CIRP) discusses the issue of engagement of ‘professionals’ by an insolvency pr...
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APEDA provides a platform to ship the rice consignment from Varanasi region
Ministry of Commerce & IndustryPosted On: 17 DEC 2020Chandauli, Uttar Pradesh is popularly known as the Bowl of Rice “Dhaan Ka Katora of Uttar Pradesh” for non-basmati rice because of fertile lands of...
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Piyush Goyal invites Foreign Investors to be a part of India’s growth story
Ministry of Commerce & IndustryShri Piyush Goyal invites Foreign Investors to be a part of India’s growth story; Says India has one of the most facilitative FDI policies in the worldPosted On: 15 DEC...
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IBBI invites EOI for Research Study on Individual Indebtedness & Insolvency
INSOLVENCY AND BANKRUPTCY BOARD OF INDIA7th Floor, Mayur Bhawan, Connaught Place, New Delhi – 11000114th December, 2020Subject: Invitation of Expression of Interest for Research Study on Individual In...
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IRDAI announces Insurance Research Grant Scheme
Insurance Regulatory And Development Authority Of India.Introduction:Insurance Regulatory and Development Authority of India (IRDAI) sponsors proposals under IRDAI Research Grant Scheme, which provide...
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Initiatives undertaken by Ministry of Corporate Affairs in 2020
1. COMPETITION COMMISSION OF INDIA INTRODUCES GREEN CHANNEL♣ Automatic and faster system of approval of combinations under Green Channel♣ Under this process, the combination is deemed to have been app...
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IRDAI informs public on revision in Health Insurance Premium
Insurance Regulatory and Development Authority of IndiaRef. No:–Date:03-12-2020There are some reports in the media about hike in health insurance premium rates by general and health insurers. Some of...
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68% of borrowers are unaware of their CIBIL score, reveals Home Credit Survey
♦ Patna reports lowest literacy levels with only 22% of borrowers aware of their CIBIL score, followed by Kolkata (25%) and Mumbai (25%), reveals research conducted to understand Financial Literacy le...
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Consultation Paper on Innovators Growth platform under SEBI (ICDR) Regulations, 2018
Securities and Exchange Board of IndiaConsultation PaperReview of framework of Innovators Growth platform (IGP) under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.Dec 14, 2020...
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SEBI Consultation Paper: Compliance Standards for Index Providers
Securities and Exchange Board of IndiaConsultation Paper – Compliance Standards for Index Providers 1. ObjectiveTo solicit the comments / views from market participants on compliance standards for ind...
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Consultation Paper on ‘Review of NCDs alongwith warrants’ under QIP
Consultation Paper on ‘Review of the NCDs along with warrants’ under QIPDec 02, 2020 | Reports : Reports for Public CommentsSecurities and Exchange Board of IndiaConsultation PaperReview of the ‘NCDs...
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RBI Committee Recommends Conversion of Large NBFCs into Banks & Entry of Corporates
In a series of recommended proposals, an internal working group (IWG) of the Indian Central Bank (Reserve bank of India) has suggested increasing the existing cap on stake owned by corporate houses in...
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E-Invoicing Guidelines for Taxpayers with TO Rs. 100 Cr- 500 Cr
Guidelines for Taxpayers with Turnover (TO) Rs. 100 Cr- 500 Cr on Production1. Your GSTINs are enabled for e-Invoicing.2. Registration and login to the system is now open for your GSTINs.3. You may pr...
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Waive Late Fees for Delayed Filing of GST Returns
Karnataka State Chartered Accountants Association requested For Relief from Late Fees for Delayed Filing of GST Statements / Returns from August 2020 to March 2021. Full Text of the representation is...
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Due dates to file Form GSTR-3B – October 2020 to March 2021
Due dates for filing of Form GSTR-3B for the Tax Periods from October, 2020 till March, 20211. Government of India, Ministry of Finance (Department of Revenue), CBIC, vide Notification No. 82/2020 – C...
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GST intelligence Arrested a Person for Issuing Fake Invoices
DIRECTORATE GENERAL OF GOODS AND SERVICE TAX INTELLIGENCEBHUBANESWAR ZONAL UNITPLOT NO. 27, SAHEED NAGAR, BHUBANESWAR-751007Email:brudgcei@gmail.comPress NoteRourkela, 16 December 2020 – Directorate G...
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Generation of E-way Bills by Transporters for e-invoices
National Informatics Centree-way bill ProjectGeneration of E-way Bills by Transporters for e-invoicese-Invoice is launched on 1st Oct 2020 successfully for the tax payers having annual turnover more t...
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Auto population of details in GSTR-3B from GSTR 1 & GSTR 2B
1. Auto Populated details in Form GSTR 3B: Now, auto-population of system computed details in Form GSTR-3B, has been enabled for taxpayers (filing their Form GSTR-1 on monthly basis), from November 20...
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Recent functionalities introduced on GST portal
GSTN recently introduced functionalities for taxpayers on GST portal. Brief analysis of these functionalities are summarized herein below :1. New tab for ‘Communication between GST taxpayers’:The said...
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Request to Extend Due dates under GST & Income Tax
A Request for extension of various due dates under Income-tax Act, 1961 for AY 2020-21 and for filing the Annual Reconciliation Statement (GSTR-9C) along with the annual return (GSTR-9) for financial...