CBIC Issues Advisory on opting-in for composition scheme by filing Form GST CMP-02

The application for opting-in composition scheme for the financial year, 2020-21 has been made available on GST Portal. The scheme shall be effective from 1st April 2020.

MCA invites comments from public on The Competition (Amendment) Bill, 2020.

Suggestion or comments for Competition Bill, 2020 shall be submitted online through http://feedapp.mca.gov.in/ within 6th March 2020.

Ministry of Labour Publishes Employees’ Pension (Amendment) Scheme, 2020

The Ministry of Labour and Employment vide its Notification dated 20th February 2020 has published The Employees’ Pension (Amendment) Scheme, 2020. The amendment provides for restoration of normal pension in respect of those members who …

Assam PCB directs Industries in the state to display a board outside the factory containing information related to effluent discharge

The Assam Pollution Control Board has directed all categories of industries which requires consent from the Board under the Water (Prevention and Control of Pollution) Act, 1974; Air (Prevention & Control of Pollution) Act, 1981 …

Amendments to Direct Tax Vivad Se Vishwas Bill cleared by Cabinet.

The Finance Minister has introduced the Direct Tax Vivad se Vishwas Bill, 2020 in the Lok Sabha on 05-02-2020 for dispute resolution related to direct taxes. On 12-02-2020 has introduced certain amendments to the bill. …

Form GNL-2 for Submission of documents with the registrar has been substituted under companies (Registration Offices and Fees) Amendment Rules, 2020

The Ministry of Corporate Affairs vide its notification dated 18th February 2020 has published the Companies (Registration offices and Fees) Amendment Rules, 2020. Form GNL-2 which is used for submission of document or application to …

RBI issues clarification/FAQ on Long Term Repo Operations – Operational guidelines

The Reserve Bank of India on 13th February has listed frequently-asked questions on the Long Term Repo Operations (LTRO) – Operational guidelines, giving clarifications about the LTRO facility. Details regarding interest, collateral and margin requirements …

Income tax rules amended to clarify the term unauthorized colony

The Central Board of Direct Taxes has published Income tax Amendment (6th Amendment), Rules, 2020 on 17th February, 2020 to clarify that the term “unauthorised colony” used in the rules shall have the same meaning …

The Government of West Bengal publishes The West Bengal Lifts, Escalators and Travelators Act, 2019.

The Government of West Bengal vide notification dated 10th January, 2020, has published the West Bengal Lifts, Escalators and Travelators Act, 2019 by repealing the old West Bengal Lifts and Escalators Act, 1955.The Act regulates …

The Government of A.P instructs buildings of educational institutions to ensure sustainable environmental management, waste management & rainwater harvesting

The industrial sheds, Schools, Colleges, Buildings of educational institutions including Universities in A.P need not obtain Consent for Establishment (CFE) and Consent for operation (CFO) from APPCB as they were exempted from the purview of …