Income-tax (11th Amendment) Rules, 2020
Under the new Rule, The Principal Director General of Income-tax (Systems) shall upload in the registered account of the assessee an annual information statement in Form No. 26AS which shall be in his possession within three months from the end of the month in which the information is received by him.
BSE extends due date for payment of Annual Listing Fees
The due date for payment of Annual Listing Fees for Financial Year 2020-21 has been extended to June 30,2020.
DGFT removes restrictions on the export of paracetamol APIs
The Directorate General of Foreign Trade in its notification dated 28th May 2020 has removed the restrictions on paracetamol active pharmaceutical ingredients (API), making it export free with immediate effect.
The government of Tamil Nadu has issued guidelines on restarting factories involving hazardous process post lockdown
The Directorate of Industrial safety and health of Tamil Nadu has issued certain guidelines and directives to be followed by all factories handling hazardous process / dangerous operations registered under the Factories Act, 1948.
Government of Bihar to provide relaxation with respect to certain measures under Bihar Goods and Services Tax (Amendment) Ordinance, 2020
The Bihar Goods and Services Tax (Amendment) Ordinance inserts a new Section 168A which empowers the government to extend the time-limit specified or prescribed in respect of actions which cannot be completed or complied with due to force majeure.
Food manufacturers can modify their licenses before 31st December 2020 under the new portal
The Food Safety and Standards Authority of India vide its notification dated 28th May 2020 has modified the selection process for standardized products while manufacturers/Processors apply for FSSAI license.
FSSAI to launch a food safety and compliance system from 1st June 2020 in selected states
FSSAI launches a food safety and compliance system (FoSCoS) by replacing the existing food licensing and registration system. FoSCoS is conceptualized to provide one point stop for all engagement of FBO with the department for any regulatory compliance transaction.
