CBDT further extends the due date for filing income tax return for FY 2019 to 30th September
The CBDT has further extended the due date for filing Income Tax Returns for the Financial Year 2018-19 to 30th September 2020, the decision has been taken in view of the constraints due to the COVID-19 pandemic.
SEBI extends the timeline for submission of financial results for the Quarter/ Half year/ Financial year ended 30th June,2020
SEBI has extended the timeline for submission of financial results under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the quarter/half-year/financial year ended 30th June 2020 to 15th September 2020.
Gujarat government limits the applicability of Contract Labour Act
The Gujarat Contract Labour (Regulation and Abolition) Act, 1970 will now apply to establishments employing 50 or more workmen as opposed to the earlier threshold of 20.
Bihar Industrial Employment (Standing Orders) (Amendment) Rules, 2020
Fixed-term employment workman” is a workman who has been engaged on the basis of a written contract of employment for a fixed period: Provided that, his hours of work, wages, allowances and other benefits shall not be less than that of a permanent workman and he shall be eligible for all statutory benefits available to a permanent workman proportionately according to the period of service rendered by him even if his period of employment does not extend to the qualifying period of employment required in the statute.
SEBI Extends Timelines For Regulatory Compliances by DPs, RTAs and KRAs
As a result of the COVID-19 pandemic and representations received from the Depositories, the Securities and Exchange Board of India (SEBI) has once more decided to extend the timelines for compliance with the regulatory requirements by the Depository Participants (DPs) / Registrars to an Issue & Share Transfer Agents (RTAs) and KYC Registration Agency (KRA)
DGFT amends the export policy for Personal Protection Equipments/ Masks
The Central Government amends the export policy of 2/3 Ply Surgical masks, Medical Goggles from “Prohibited” to
“Restricted” category and export of Face Shields has been made “free”.
SEBI Extends Timelines for Regulatory Compliances by Trading Members, Clearing Members and Depository Participants
SEBI further extends the timelines for compliance with the regulatory requirements by the Trading Members/ Clearing Members/ Depository Participants
SEBI extends implementation of Pledge / Re-pledge mechanism in the Depository System by 1st August 2020
The circular on mechanism with regard to Margin obligations to be given by way of Pledge/Re-pledge in the Depository System shall be in force from 1st August 2020.
HC of Madras orders the Employees State Insurance Act to apply to aided and unaided educational institutions
The plea moved by the All India Private Educational Institutions Association alleged that the GO had “discriminated” between government-aided and private unaided educational institutions. The issue was referred to the bench because conflicting Judgments was entered in the past by the High Court in the matter. The Bench dismissed the petition and validated the GO.
RBI extends due date for filing annual return on Foreign Liabilities and Assets (FLA)
The Reserve Bank of India has extended the the due date for submission of annual return on Foreign Liabilities and Assets (FLA) for the year 2019-20 to August 14, 2020.
