Implementation of Amendments in the Indian Stamp Act, 1899 and Rules made from 1st July, 2020 for Rationalized Collection Mechanism of Stamp Duty across India with respect to Securities Market Instruments The Amendments in the Indian Stamp Act, 1899 brought through Finance Act 2019 and Rules made..
The Competition Commission of India (CCI) approves acquisition of 9.99% stake in Jio Platforms by Jaadhu Holdings LLC. The proposed combination envisages acquisition of approximately 9.99% stake inJio Platforms Limited (Jio Platforms)by Jaadhu Holdings LLC (Jaadhu). Jaadhu is an indirect wholly o..
Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, Resolution Professionals and Bankruptcy Trustees (Recommendation) Guidelines, 2020 Corporate Insolvency The Insolvency and Bankruptcy Board of India (Board) is required under the Insolvency and Bankruptcy Code, 2..
RBI/2019-20/251 DPSS.CO.PD.No.1897/02.14.003/2019-20 June 04, 2020 The Chairman / Managing Director / Chief Executive Officer All Scheduled Commercial Banks, including Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks / District Central Co-operative Banks / Payment..
Exposure Draft on Covid-19-Related Rent Concessions (Proposed amendment to Ind AS 116, Leases) corresponding to Amendments in IFRS 16 issued by the International Accounting Standards Board (IASB) The implementation of high quality Indian Accounting Standards (Ind ASs) by Indian Companies is a mon..
The RBI governor held a press conference today that is on the 22nd of May 2020. The governor in the press conference announced that India's GDP is expected to remain in the negative territory for 2020-21. However, some pick up might be expected in the second half. Following major announc..
The FM Smt Nirmala Sithraman announced the third tranche of the Economic Package. A press conference was done today that is on the 14th of May 2020. In her press conference on the 13th of May, the FM made some various changes in the Direct Tax and announced various relief measures for the MSMEs as w..
The FM Smt Nirmala Sithraman did a press conference today that is on the 14th of May 2020 to further give the details of the Economic Package. In her press conference yesterday the FM made some various changes in the Direct Tax and announced various relief measures for the MSMEs as well. Th..
Finance Minister announce measures for relief and credit support related to businesses, especially MSMEs to support Indian Economy’s fight against COVID-19 Rs 3 lakh crore Emergency Working Capital Facility for Businesses, including MSMEs Rs 20,000 crore Subordinate Debt for Stressed M..
The Finance Minister, Smt. Nirmala Sitharaman announced an Economic Package today that is the 13th of May 2020 at 4:00 PM via a press conference. The Economic Package has been announced to fight the COVID-19 crisis. The Hon'ble PM while addressing the nation on the 12th of May made an anno..