CBIC extends the last date for re-import of diamonds sent abroad for certification and grading, by three months

The Central Board of Indirect Taxes and Customs on 10th July 2020 has extended relief to gems and jewellery sector by extending the timeline for requirement of re-import of cut and polished diamonds, which have …

CBDT extends ITR processing time limit for refunds

The CBDT has extended the time limit for processing of Income Tax Returns ( ITRs ) filed with refund claims up to Assessment year 2017-18 till 31st October 2020.

Government of Karnataka permits private medical establishments to run COVID care centres

The Government of Karnataka has allowed private medical establishments registered under Karnataka private medical establishments act to establish and manage Coronavirus (COVID-19) care centres in collaboration with hotel facilities. Guidelines for the same is issued.

IRDAI issues guidelines for “corona kavach” policy

The IRDAI has mandated general and health insurers to offer the indemnity based Individual COVID Standard Health Policy called “Corona Kavach”. The regulator has allowed 30 General and Health Insurance Companies to market the Policy.

Government of Tamil Nadu permits IT companies to function with certain conditions

The Government has allowed IT and ITES companies located within the Greater Chennai Police jurisdiction other than containment zones, to function with 10 % of their total staff strength and the company shall provide transportation …

Government of Kerala directs industrial disputes arising during lockdown to be resolved by mediation

Any industrial disputes related to non-payment of wages or salary by industries closed down by lockdown shall be resolved by negotiation between employer and employees failing which it shall be referred to the mediation of …

The Government of Tripura excludes small establishments from scope of Contract Labour (Regulation and Abolition) Act, 1970

In view of the pandemic situation, all class of establishments and contractors in Tripura with less than 50 employees are excluded from complying with all provisions of Contract Labour (Regulation and Abolition) Act 1970.

RBI extends timelines for submission of various supervisory returns to department of supervision

The timeline for returns to be filed by NBFCs monthly was extended for 10 days from due date and quarterly returns due date by 30 days. The extension in submission of returns will now be …

NPPA directs manufacturers to intimate details regarding production of drug methyl prednisolone, enoxaparin and dexamethasone

The Manufacturers shall intimate the details regarding the production/sale of drug methyl prednisolone, enoxaparin and dexamethasone during the last two years and the details regarding the stock lying with the company. Further, they shall intimate …

RBI extends timeline for the finalization of audited accounts by NBFC

Every applicable NBFC shall finalize its balance sheet within a period of 3 months from the date to which it pertains or any date as notified by SEBI for submission of financial results by listed …

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