SEBI notifies Amendments to SEBI (Investment Advisers) Regulations, 2013
The amendment has enhanced the eligibility criteria for registration as an investment adviser including net worth requirement of Rs 50 lakh for non-individuals and Rs 5 lakh for individuals. At present, individuals are required to have a net worth of Rs 1 lakh, while the same for body corporate or non-individuals are at least Rs 25 lakh.
ESIC further relaxes the time limit for filing Contribution for the period ending March 2020 till July 15, 2020
The ESIC has further extended the timeline for filing Return of Contribution for the period from October 2019-March 2020 till July 15, 2020.
Health ministry further revises clinical management protocol for Covid-19
Under the revised protocol, the drug remdesivir is allowed under emergency use authorization and may be used in patients with moderate disease. The loading dose of 200 mg (shot) on day 1, will now be followed by 100 mg (shot) daily for 4 days (total 5 days). Earlier, the follow-up dose was for 5 days.
Government of Bihar notifies The Bihar Epidemic Diseases, COVID-19 (Amendment) Regulation, 2020
The Amendment is brought under regulation 19 where the government has made it compulsory to wear masks or any face coverings while venturing outside amid the rising coronavirus cases and as per the amendment, those who found violating the order will be fined for Rs. 50 under regulation 19(A) Bihar Epidemic Disease-COVID 19 (Amendment) Regulations 2020. The Amendment is brought under regulation 19 where the government has made it compulsory to wear masks or any face coverings while venturing outside amid the rising coronavirus cases and as per the amendment, those who found violating the order will be fined for Rs. 50 under regulation 19(A) Bihar Epidemic Disease-COVID 19 (Amendment) Regulations 2020. The Amendment is brought under regulation 19 where the government has made it compulsory to wear masks or any face coverings while venturing outside amid the rising coronavirus cases and as per the amendment, those who found violating the order will be fined for Rs. 50 under regulation 19(A) Bihar Epidemic Disease-COVID 19 (Amendment) Regulations 2020.
The government of Maharashtra extends the due date for filing a refund of voluntary deposit under MVAT
The government of Maharashtra has published the Maharashtra value added tax (First Amendment) Rules, 2020 in which the government has extended the due date for filing application refund of voluntary deposit till 31st March 2021.
Government of Kerala issue new minimum wage rates
The Government of Kerala vide notification dated 26/06/2020 has issued the new minimum wage rates for Agricultural Labourers and Industrial Workers for different regional centres.
The Income-tax (16th Amendment) Rules, 2020
The the Income-tax (16th Amendment) Rules, 2020 provides the new details to be furnished by the tax deductors while filing quarterly statements under Rule 31A to the Director General of Income-tax (Systems) from the 1st day of July,2020.
