Shivani Jain

Shivani has completed her B com LLB (Hons) and has the experience of writing various research papers during her college time. Earlier she was working as an Associate in a Delhi based Law Firm, but her interest in writing made her pursue Legal Content Writing as a career. Her core area of interest is in writing about various legal enactments, tax, and finance.

Implications of Union Budget 2021 on Income Tax: A Complete Guide

On 01.02.2021, our Union Finance Minister, Ms Nirmala Sitharaman, had presented the Union Budget 2021. Through which, there were several minor, and significant changes were made in the provisions of the Income Tax Act 1961. In this blog, we will discuss the Implications of Union Budget 2021 on Income Tax 1961. Concept of Income Tax […]

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Producer Companies Rules 2021: New Rules Notified by MCA

Recently, the Ministry of Corporate Affairs, by way of a Notification, issued on 11.02.2021, has notified the Producer Companies Rules 2021. The said rules will supersede the previous Producer Companies (General Reserve) Rules 2003. Further, the said rules will come into force from the date of publication in the Official Gazette. Also, it shall be […]

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Companies (Share Capital and Debentures) Amendment Rules 2021 Notified by MCA

In exercise of the powers bestowed by section 62 (1) (a), together with the provisions of sub sections (1) and (2) of section 469 of the Companies Act 2013, the Central Government has decided to amend and improvise the provisions of the Companies (Share Capital and Debenture) Rules 2014. The amended regulations will be known […]

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MCA21 Version 3.0: 1st Mission Mode E-Governance Project

The Ministry of Corporate Affairs (MCA) has declared to launch an online portal named “MCA21 Version 3.0” during the financial year 2021 to 2022. Also, it shall be significant to take into the note that the said online portal will be the 1st Mission Mode E-governance Project of the Government of India. Concept of MCA21 […]

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Revision of Disclosure Format under Prohibition of Insider Trading Regulations by SEBI

Recently, SEBI, by way of the powers provided under the provisions of section 11 (1) of the SEBI Act 1992, together with the rule 4 (3) and 11 of the Prohibition of Insider Trading Regulations, have passed a Circular No. SEBI/ HO/ ISD/ ISD/ CIR/ P/ 2021/ 19, on 09.02.2021. The said circular deals with […]

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Customs Tariff (Identification and Assessment of Safeguard Duty) Amendment Rules 2021 Notified by CBIC

The CBIC (Central Board of Indirect Taxes and Customs) has notified an amendment in the Customs Tariff (Identification and Assessment of Safeguard Duty) Rules 1997, by way of a Notification No. 12/ 2021- Customs (N.T.), issued on 01.02.2021. The said amended rules are known as the Customs Tariff (Identification and Assessment of Safeguard Duty) Amendment […]

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Implications of Union Budget 2021 on GST Act: A Complete Guide

Recently, the Union Budget 2021 was presented by our Union Finance Minister, Ms. Nirmala Sitharaman, on 01.02.2021. By way of the same, there were several minor changes made in the provisions of the Goods and Service Act 2016. In this blog, we will discuss about the Implications of Union Budget 2021 on GST Act. Concept […]

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Legal Entity Identifier: Implementation of LEI by RBI for Large Value Transactions

Recently, the Reserve Bank of India, by way of Notification No RBI/2020 – 21/ 82, issued on 05.01.2021. The said notification deals with the implementation of the Legal Entity Identifier, which will come into effect from 01.04.2021. Further, it shall be taken into due consideration that the scheme of Legal Entity Identifier will be applicable […]

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De-Criminalisation of Compoundable Offences under LLP: A Complete Guide

The Union Finance Minister and Corporate Affairs, Ms Nirmala Sitharaman, while giving Budget Speech for the Financial Year 2021-2022 on Monday, had proposed several reforms and schemes for Small Companies and MSMEs. The main behind such schemes and measures is to strengthen and uplift the Start-up Ecosystem. Further, the same includes, De-criminalisation of Compoundable Offences […]

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Due Date Compliance Calendar for February 2021: A Complete Guide

Complying with the compliances proposed by the government is a mandatory requirement for every taxpayer or a person qualified. In this blog, we will discuss about the due date compliance calendar concerning Income Tax Return, Employee State Insurance Act, Provident Fund Act, GST Return Filing, etc. Due Date Compliance Calendar under the GST Act The […]