ESIC extends the time limit for payment of contribution.
The Employees’ State Insurance Corporation vide its Notification dated 16th March, 2020, has extended the date of filing and payment of ESI Contribution in view of the rising cases of coronavirus. The ESI contribution for the month of February and March can be filed and paid up to 15th April 2020 and 15th May 2020 instead of 15th March 2020 and 15th April 2020.
RBI Issues Advisory to Banks in the wake of COVID-19.
The Reserve Bank of India on 16th March 2020 has issued an advisory to banks and financial institutions to take measures to detect and prevent outbreak of coronavirus in the organisation and put in place business continuity plans to prevent any disruption of services due to coronavirus outbreak.
CBDT Notifies Non-resident eligible foreign investor as Foreign Institutional Investor under section 115 AD of Income Tax Act
A non-resident Foreign Investor shall be deemed as a Foreign Institutional Investor for the purposes of taxing the income from transactions in securities made on a recognized stock exchange located in any International Financial Services Centre (IFSC).
Greater Chennai Corporation has sealed 10 shops which were continuing to function without trade license
The Greater Chennai Corporation has sealed 10 shops in Chennai, Chintadripet on 14.03.2020, which were functioning without trade licence. The shops were continuing to function without trade license even after the civic body issued lock and seal notices to the shop owners. The civic body has been identifying shops functioning without trade licenses across the […]
