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If the time limit for issuance of order falls during the period from the 20th March, 2020 to the 30th August 2020, in such cases the time limit for issuance of the said order shall …

Read More "Government of Bihar extends the time limit for rejection of GST refund to 15days after receipt of reply to the notice"

The regulations introduce new standards in the preparation of frozen beans, peas, cauliflower and spinach. They, inter alia, require that beans, cauliflower, peas or spinach must be washed and sufficiently blanched to ensure inactivation of …

Read More "Food Safety and Standards (Food Products Standards and Food Additives) Fifth Amendment Regulations, 2020"

The Primary Agriculture Societies which are eligible to avail loan from District Cooperative Central Banks (DCCBs) under the concessional refinance facility of NABARD will follow the procedure under the scheme by NABARD and the information …

Read More "MoAFW issues circular on process of applications of AIF Scheme"

Under the Amended ordinance, news section 18A, which deals with the Power of Government to extend the time limit in special circumstances caused by ‘force majeure’ has been inserted.

It is clarified that in addition to scheduled cooperative banks, District Cooperative Central Banks (DCCBs) are also eligible to participate under the central sector scheme of “financing facility under the Agriculture infrastructure fund” under Atmanirbhar …

Read More "District co-operative center banks with whom PACS are affiliated shall be eligible to participate under the Agriculture Infrastructure Fund"

Any Indian recognized stock exchange or clearing corporation, or, any recognized stock exchange or clearing corporation of a foreign jurisdiction shall form a subsidiary to provide the services of a clearing corporation in IFSC wherein …

Read More "SEBI notifies amendments to SEBI International Financial Services Centres Guidelines, 2015"

The Amendment is brought under Regulation 16A where the authorized representative shall circulate the agenda to creditors in a class, and may seek their preliminary views on any item in the agenda to enable him …

Read More "The Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fourth Amendment) Regulations, 2020"

Insurance under the Pradan Mantra Garib Kalyan scheme for health workers fighting COVID-19 is extended for a period of 90 days starting from 30th July 2020.

Prior to the Amendment, Section 140 only prescribed that in order to avail input tax credit; the requisite return must be furnished in the manner provided by the existing law. The amendment now clarified that …

Read More "BGST amendment provides timeline for filing returns to avail input tax credit"

The Amendment Ordinance now adds Ladakh to the list of Union Territories under the GST Act, 2017 and includes Dadra and Nagar Haveli and Daman and Diu under one clause. Furthermore, it provides five years …

Read More "Bihar GST amendment empowers government for removal of difficulties"