Companies whose AGMs are due in the year 2022 can conduct their AGMs on or before 31st December, 2022; informs MCA
In continuation to what has been reported by us in the trailing e-mail, in another Circular dated 5th May, 2022 the Ministry […]
Offer/ invitation to subscribe to securities through private placement cannot be made to a body corporate incorporated in, or a national of, a country sharing land border with India without Govt. approval
Now, during the process of making an offer or invitation to subscribe to securities through private placement, no offer or invitation of […]
MCA further allows companies to conduct EGMs through Video-Conferencing / Other Audio-Visual means till 31st December, 2022 instead of 30th June, 2022
In continuation to what has been reported by us in the trailing e-mail, the Ministry of Corporate Affairs (“MCA”), in a Circular […]
MEITY notifies directions for implementing stringent information security practices to strengthen cyber security: applicable to service providers, intermediaries, data centres, body corporates; effective from 27th June, 2022
Considering various cyber security incidents being reported from time to time, the Ministry of Electronics and Information Technology (“MEITY”) has notified directions […]
Employers in Maharashtra are granted conditional exemption from payment of late fees for failure to file Professional Tax return owing to technical difficulties of the automation system of the Maharashtra Goods and Services Tax Department
The Finance Department of Maharashtra has exempted employers from paying late fees for failure in filing return (under Maharashtra State Tax on […]
Central Board of Direct Taxes further amends Income Tax Rules, 1962 to specify the Form for filing an updated return
Central Board of Direct Taxes (CBDT) had issued Notification No. 48/2022 dated 29th April, 2022 to further amend Income tax Rules, 1962. […]
FSSAI replaces the practice of submitting quarterly returns by Manufacturer- Exporters; requires them to submit Annual Return for the F.Y 2021-22 by 31st May, 2022, through the FoSCoS portal
The Food Safety and Standards Authority has directed the Manufacturer-Exporters to submit Annual returns for the food business activities conducted by them […]
Amendments underway to Chartered Accountants Act, Cost and Works Accountants Act and Company Secretaries Act; provisions yet to gain effect
Ministry of Law and Justice (“Ministry”) issues the Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Act, 2022 […]
International Workers (from countries which do not have the Social Security Agreement with India) allowed to withdraw their EPF accumulation after attaining 58 years, subject to ceasing employment of EPF covered establishment
The Employees’ Provident Fund Organization has issued a clarification regarding final withdrawal of provident fund (“PF”) by International Workers under the Employees’ […]
Public comments invited on draft Indian Boiler Regulations, 2022 by 23rd May, 2022; draft Regulations propose to supersede the Indian Boiler Regulations, 1950
Ministry of Commerce and Industry has proposed the draft Indian Boiler Regulations, 2022 (“Draft Regulation”) which are aimed at superseding the Indian […]
NPCI issues information on compliance timeline for international acceptance using UPI (UPI Global); All members/PSPs/TPAPs have to enable UPI global latest by 30th September, 2022
The National Payments Corporation of India (“NPCI”) has issued a notification on compliance timeline for international acceptance using UPI (UPI Global). Background: […]
EPFO issues detailed Action Plan for Field Offices with a view to improve performance in declaration of Contractors and Principal Employers in its unified portal
In continuation to what we reported earlier, an additional functionality has been added on the Unified Portal through which a contractor establishment […]