MCA has issued a clarification on the gap between two board meetings under section 173 of the Companies Act, 2013 (CA-13) and the same stands extended by a period of 60 days for the first two quarters of Financial Year 2021-22.
On account of the resurgence of the COVID-19 pandemic, MCA has released the extended time for filing forms related to the creation or modification of charges under the Companies Act, 2013.
An additional time up to 31st July 2021 has been granted to companies/LLPs to file forms (other than CHG-1 Form, CHG-4 Form and CHG-9 Form) without any additional fees by the Ministry of Corporate Affairs.
In pursuance of the Government of India notification dated May 03, 2021, Shri T. Rabi Sankar took over as the Deputy Governor of Reserve Bank of India today for a period of three years or until further orders, whichever is earlier.
In view of the COVID-19 pandemic, the Central Government has issued notifications exempting Basic Customs Duty and/or Health cess on imports of a number of COVID-19 related relief materials, for a limited period.
Considering the very grim phase the country is facing due to the phenomenal surge in the Covid-19 pandemic and in order to support its stakeholders, CSBF w.e.f 1st May 2021, has enhanced the medical reimbursement limits for those affected by Covid 19.
Ministry of Finance at the recommendation of the Ministry of Home Affairs has released in advance of the normal schedule, the 1st instalment of the Central Share of SDRF for 2021-22 to all the States. An amount of Rs.8873.6 crore has been released.
The Institute of Chartered Accountants of India has waived off the Condonation Fees due to late filing of application Form 18 related to Members and Firms amid the 2nd wave of the COVID-19 Pandemic, till 30th July 2021.
Government announces various relief measures for taxpayers under GST law in view of severe COVID-19 pandemic
IGST on Import of Oxygen Concentrators for personal use has been reduced from 28% to 12% to bring IGST rate on such personal imports at par with commercial imports of the same
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