CAclubindia News

SEBI extends AGM by Top 100 Listed Entities by Market Capitalization

24 July 2021 at 06:03

SEBI has extended the timeline to hold the Annual General Meeting by Top 100 Listed Entities by Market Capitalisation. Accordingly, such entities shall hold their AGM within a period of six months from the date of closing of FY 2020-21.

Posted in LAW | 3372 Views

Clarification regarding extension of limitation under GST Law in terms of SC's Order dated 27th April 2021

24 July 2021 at 06:00

The Government had issued notifications under Section 168A of the CGST Act, 2017, wherein the time limit for completion of various actions, by any authority or by any person, under the CGST Act, which falls during the specified period, had been extended.

Posted in GST | 2979 Views

MCA inserts new Rule 33A - Allotment of a new name to the existing company under section 16(3) of the Companies Act

23 July 2021 at 12:09

MCA has notified a new Rule 33A after Rule 33 which shall deal with the Allotment of a new name to the existing company under section 16(3) of the Act. Furthermore, in the annexure, a new Form INC-11C has also been inserted after Form No.INC-11B.

Posted in Corporate Law | 2784 Views

IT Department conducts raid at media group Dainik Bhaskar

23 July 2021 at 12:03

On Thursday, 22nd July 2021, around 100 officials from the Income Tax Department conducted a raid at over 30 locations of the Media Group Dainik Bhaskar's offices in Madhya Pradesh, Maharashtra, Delhi, Rajasthan and Gujarat.

Posted in Income Tax | 2 comments | 10593 Views

Allegations of the IT Dept officials suggesting changes in media stories & taking editorial decisions denied

23 July 2021 at 06:32

Certain allegations have appeared in some sections of media that IT Dept officials were suggesting changes in stories & taking editorial decisions during their search on offices of Media Group Dainik Bhaskar.

Posted in Income Tax | 1 comments | 7242 Views

ICAI further extends validity of Peer Review Certificate in the wake of COVID-19 spurt across the country

22 July 2021 at 20:50

ICAI has further granted relief to practice units by extending the expiry date of peer review certificate having original expiry date falling anytime from 1st July 2021 to 31st July 2021 till 31st August 2021.

Posted in Professional Resource | 1536 Views

Filing of Annual returns by composition taxpayers - Negative Liability in GSTR-4

23 July 2021 at 06:27

If there is no liability to be paid during the year, the liability paid through Form GST CMP-08 shall move to negative liability statement and the same excess amount can be utilised to pay the liability of future tax periods.

Posted in GST | 2 comments | 9273 Views

IBBI amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016

22 July 2021 at 06:16

The amendment regulations enhance the discipline, transparency, and accountability in corporate insolvency proceedings. The amended regulations are effective from 14th July 2021. These are available at www.mca.gov.in and www.ibbi.gov.in.

Posted in Corporate Law | 2631 Views

EPFO adds 9.20 lakh net subscribers in the month of May, 2021

20 July 2021 at 18:45

Of the total 9.20 lakh net subscribers added during the month, around 5.73 lakh new members have come under the ambit of the Employees’ Provident Funds Scheme for the first time.

Posted in Corporate Law | 2850 Views

Various measures taken by MCA to fight COVID-19 pandemic

20 July 2021 at 18:42

Shri Rao Inderjit Singh, Minister of State for the Ministry of Corporate Affairs lists down 23 measures that have been undertaken by the MCA to address the COVID-19 pandemic. This was stated by in a written reply to a question in the Rajya Sabha.

Posted in Corporate Law | 2682 Views