SEBI extends time for submission of Annual Secretarial Compliance Report
SEBI has decided to further extend the timeline for submission of the ASC Report by listed entities for the year 2019-20 by one more month, to July 31, 2020.
Ministry of Finance further extends income tax compliance deadlines
The Ministry of Finance vide its notification dated 24th June 2020 further extended the deadline for income tax compliance for the FY 2018-19 due to disruptions resulting from the COVID-19 pandemic.
Government of West Bengal extends the due date for filing returns under WB State Tax On Professions, Trades, Callings, And Employments Act
The last date of filing the Annual return in Form-III electronically has been extended from the earlier date of 30th June 2020 to 30th September 2020 and the last date for furnishing the return in paper form is extended till 7th October 2020.
Central Goods and Services Tax (Seventh Amendment) Rules, 2020
Ministry of Finance, Central Board of Indirect Taxes and Customs vide its gazette notifications dated 24th June 2020 issued Central Goods and Services Tax (Seventh Amendment) Rules, 2020. The amendment provides new rates of tax to be payable by manufacturers and new rates of interest for filing Form GSTR-3B that is overdue.
Government of Haryana implements a new employment portal “ Rozgar”
The State Government of Haryana in its circular dated 22nd June 2020 has developed an employment portal that enables the interaction between job seekers and industries situated in Haryana.
The Puducherry Contract Labour (Regulation and Abolition) Amendment Rules, 2020
Puducherry Contract Labour (Regulation and Abolition) Amendment Rules, 2020 allows the application for registration under Puducherry Contract Labour (Regulation And Abolition) Rules shall be made through the online portal of Labour Department, Puducherry.
MCA has extended the provision for Board meetings through Video Conferencing or Other Audio-Visual Means
MCA has extended the provision for all the Board meetings to approve its financial statements through Video Conferencing (VC) or Other Audio-Visual Means (OAVM) till September 30, 2020.
SEBI further extends the timeline for submission of financial results till 31st July 2020
The deadline for submission of financial results and for filing of half-yearly and annual results for entities that have listed non-convertible debentures (NCDs), non-convertible redeemable preference shares (NCRPs) and commercial papers (CPs) is extended till 31st July 2020 for the period ending 31st March 2020.
SEBI modifies the guidelines on order-to-trade ratio for algo trades for Algorithmic Trading
Stock exchanges are permitted to introduce additional slabs up to OTR of 2000 (from existing OTR of 500), and for OTR more than 2000. Such slabs can be introduced with a deterrent incremental penalty, which stock exchanges may decide jointly.
MCA extends the deadline till 30th Sept for registration of independent directors
The Ministry of Corporate Affairs on 23rd June 2020 has published the Companies (Appointment and Qualification of Directors) Third Amendment Rules, 2020. Through this amendment, MCA has extended the deadline for registration of independent directors on its online data bank till 30th September 2020.
