Timeline extended for paying taxes and filing returns under Maharashtra State Tax on Professions, Trades, Calling and Employments Act, 1975
The Government of Maharashtra has extended the date for paying taxes and filing returns under Maharashtra State Tax on Professions, Trades, Calling and Employments Act, 1975 to 31st July 2020.
The Securities and Exchange Board of India (Issue of Capital And Disclosure Requirements) (Second Amendment) Regulations, 2020
The Securities And Exchange Board of India (Issue of Capital And Disclosure Requirements) (Second Amendment) Regulations, 2020 provides the procedure for Pricing in preferential issue of shares of companies having stressed assets.
MCA extends the time period for reservation of name and re-submission of forms
The Ministry of Corporate Affairs on 22nd June 2020 has extended the validity of approved names for the incorporation of new companies or LLP or for change of name of existing companies or LLP expiring within June 30.
SEBI notifies Substantial Acquisition of Shares and Takeovers (2nd Amendment) Regulations, 2020
Any acquisition of shares or voting rights or control of the target company by way of the preferential issue in compliance with regulation 164A of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 shall be exempt from the obligation to make an open offer.
RBI directs payment system operators to enhance public awareness through multiple channels on payment frauds
RBI has instructed the entities to undertake targeted multi-lingual campaigns through SMSs, advertisements in print, and visual media to educate users on the safe and secure use of digital payments.
DGFT prohibits the export of PPE coveralls, medical goggles & face-shield
DGFT has prohibited the export of the on personal protection equipments (PPE) such as medical coveralls of all classes and goggles as these products are in huge demand on account of COVID-19 pandemic.
Infrastructure Investment Trusts and Real Estate Investment trust may conduct a meeting of unit-holders through video conferencing
The Securities and Exchange Board of India vide its notification dated 22nd June 2020 has allowed InvITs and REITs to conduct meetings of unitholders through video conferencing and other audio-visual means til September 30, 2020.