CAclubindia News

Reporting of status of ongoing CIRPs through Form CIRP 7

18 March 2021 at 17:58

Regulation 40A of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 ('CIRP regulations') provides a model timeline for carrying out various activities envisaged in a corporate insolvency resolution process (CIRP).

Posted in Corporate Law | 1755 Views

CBIC releases updated rate of Exchange of Conversion of Foreign Currencies w.e.f 19th March 2021

18 March 2021 at 17:38

CBIC determines that the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule I and Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 19th March, 2021.

Posted in Custom | 1977 Views

ICAI releases the Sustainability Reporting Maturity Model - Version 1.0

18 March 2021 at 16:09

ICAI Leads in Sustainability Reporting Benchmarking – Releases Sustainability Reporting Maturity Model (SRMM) Version 1.0.

Posted in Professional Resource | 1650 Views

SEBI (Research Analysts) (Amendment) Regulations, 2021

18 March 2021 at 05:25

SEBI makes regulations to further amend the Securities and Exchange Board of India (Research Analysts) Regulations, 2014 and have released the Securities and Exchange Board of India (Research Analysts) (Amendment) Regulations, 2021.

Posted in LAW | 2952 Views

SEBI (Investment Advisers) (Second Amendment) Regulations, 2021

18 March 2021 at 05:23

SEBI makes regulations to further amend the SEBI (Investment Advisers) Regulations, 2013 and have released the Securities and Exchange Board of India (Investment Advisers) (Second Amendment) Regulations, 2021.

Posted in LAW | 2853 Views

Government initiatives to boost Exports

18 March 2021 at 05:19

The Government of India has launched the Trade Infrastructure for Export Scheme (TIES) scheme w.e.f FY 2017 -18 to assist Central and State Government agencies for creation of appropriate infrastructure for growth of exports from the States.

Posted in Community & General | 1701 Views

Coronavirus impact on Supply Chain

18 March 2021 at 05:14

The Government engaged with the Export Promotion Councils and Trade Bodies to address potential disruptions in their supply chains, secure and transport inventories available with various suppliers and put them in touch with our Missions abroad.

Posted in Community & General | 1353 Views

CBIC | Manual Processing of declaration under SVLDRS, 2019

17 March 2021 at 19:45

Clarification issued that henceforth all the mentioned references for grant of approval of manual processing of the declarations under SVLDRS 2019 need not be made to the Board and such cases can be processed manually by the Designated Committees.

Posted in Custom | 2046 Views

CBDT | Clarification on continuation of concessional rate of tax on certain interest income of the FPIs

17 March 2021 at 19:15

CBDT issues clarification on continuation of concessional rate of tax on interest income of FPIs. It has been clarified that the concessional rate of 5% will continue to be applicable on certain interest income of FPIs.

Posted in Income Tax | 1395 Views

CBDT issues refunds to more than 2.09 crore taxpayers between 1st April 2020 to 15th March 2021

17 March 2021 at 16:41

Income tax refunds of Rs. 73,607 crore have been issued in 2,06,64,547 cases & corporate tax refunds of Rs. 1,31,198 crore have been issued in 2,21,014 cases.

Posted in Income Tax | 1161 Views