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Extension of Sanction for Pending IGST Refunds by CBIC
Shivani Jain
| Updated: Feb 22, 2021 | Category: GST, News

Extension of Sanction for Pending IGST Refunds by CBIC

Recently, the CBIC or the Central Board of Indirect Taxes and Customs has notified an extension of sanction for pending IGST refunds in the cases where the records have not...

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Taxability of Interest Received on Public Provident Fund
Shivani Jain
| Updated: Feb 20, 2021 | Category: News

Taxability of Interest Received on Public Provident Fund: A Guide

The Budget 2021, announced by our Union Finance Minister, Ms. Nirmala Sitharaman, has declared to levy income tax on the amount earned as interest by an employee or an assessee...

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Implementation Date for Producer Company Provisions by MCA
Shivani Jain
| Updated: Feb 18, 2021 | Category: Business, News, Producer Company

Implementation Date for Producer Company Provisions Notified by MCA

The Ministry of Corporate Affairs or MCA by way of a Notification has declared that the implementation of producer company provisions, mentioned under Chapter XXIA. The same was inserted by...

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Amendment of IEC Provisions under Foreign Trade Policy by DGFT
Shivani Jain
| Updated: Feb 18, 2021 | Category: IEC, News

Amendment of IEC Provisions under Foreign Trade Policy by DGFT

Recently, the Central Government, in view of the powers provided by way of section 3 of the Foreign Trade (Development and Regulations) 1992, read with paragraphs 1.02 and 2.01 of...

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Draft Patents (Amendment) Rules 2021 by MCI
Shivani Jain
| Updated: Feb 17, 2021 | Category: News, Patent

Draft Patents (Amendment) Rules 2021 Notified by MCI

The Ministry of Commerce and Industry or MCI has recently issued Notification on 09.02.2021, concerning the Drafts Patent (Amendment) Rule 2021. The said rules seek to further amend the Patent...

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Global Copyright Protection
Karan Singh
| Updated: Feb 17, 2021 | Category: Copyright, News

A Complete Information on Global Copyright Protection

After the Independence the Indian Copyright Act, 1957 was the 1st copyright legislation in India, but since 1957, this act has been modified six times. The recent modification was in 2012 through...

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Mutual Fund Participation in ETCDs
Shivani Jain
| Updated: Feb 17, 2021 | Category: News, SEBI Advisory

Mutual Fund Participation in ETCDs: New Norms Introduced by SEBI

Recently, SEBI, by way of the powers conferred under the provisions of section 11 (1) of the SEBI Act 1992 along with the rule 77 of the SEBI (Mutual Funds)...

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Implications of Union Budget 2021 on Income Tax
Shivani Jain
| Updated: Feb 16, 2021 | Category: Income Tax, News

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...

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Companies (Share Capital and Debentures) Amendment Rules 2021
Shivani Jain
| Updated: Feb 15, 2021 | Category: News

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...

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MCA21 Version 3.0: 1st Mission Mode E-Governance Project
Shivani Jain
| Updated: Feb 15, 2021 | Category: News

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...

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