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News & Events

07/12/2019

ITC Restrictions under GST - 20% of eligible ITC

NEFT to be available 24x7 from Dec 16 - RBI

GST Panel to raise 5% slab to 6% to boost revenues

06/12/2019

Govt moves NCLAT against NCLT order making MCA party in all IBC cases

CBIC withdraws GST circular on ITeS

RBI mulling to amend regulatory guidelines for UCBs

05/12/2019

Forensic Audit reveals LoUs worth Rs 25,000 Cr fraudulently issued in PNB fraud

Delhi HC stays interest levy on profiteered amount under GST

04/12/2019

Tax department issues 2.10 cr tax refunds till November

GST Council to review tax rates, exemptions

Application Form for the Information Systems Audit (ISA) Assessment Test - ICAI

MCA deactivates 19,40,313 Director Identification Numbers

03/12/2019

RBI-owned subsidiary Only up to Rs 1 lakh, not all money, insured in banks

Company Law Committee recommends decriminalisation of compoundable offences under Companies Act

18,782 cases filed under Insolvency & Bankruptcy Code

ROC removes 3.39 lakh companies in last 2 fiscal years

MCA launches databank of independent directors

Govt blocks GST e-way bill generation; move may impact 300,000 firms

Govt taking all steps to strengthen NCLT, NCLAT

E Way Bill Blocking and unblocking under GST

Notifications/Circulars

07/12/2019

Availability of National Electronic Funds Transfer (NEFT) System on 24x7 basis

Acquisition of financial assets by Asset Reconstruction Companies from sponsors and lenders

05/12/2019

Exim Bank's Government of India supported Line of Credit (LOC) of USD 500 million to the Government of Bangladesh

CBIC Withdraw Circular No. 107/26/2019-GST dt. 18.07.2019 – ITeS services under GST

02/12/2019

IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2019

29/11/2019

Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018 - Amendment

Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM)

Extension of last date of filing of Form PAS-6 - MCA

Relaxation of additional fees and extension of last date in filing of forms MGT-7 and AOC-4 under the Companies Act, 2013

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

IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2019

IPs to act as IRPs, Liquidators, RPs and Bankruptcy Trustees (Recommendation) Guidelines, 2019

28/11/2019

Exclusion of “Vijaya Bank” and “Dena Bank” from the Second Schedule of the Reserve Bank of India Act, 1934 and cessation as banking companies

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