Import policy for Tur /Pigeon Peas; Moong and Urad is revised from ‘Restricted’ to ‘Free’ with immediate effect and for the period up to 31st October 2021.
Directorate General of Trade Remedies initiates Anti-Dumping Investigation concerning imports of ―SOLAR CELLS WHETHER OR NOT ASSEMBLED INTO MODULES OR PANELS originating in or exported from China PR, Thailand and Vietnam.
CBDT notifies CDC Group Plc. and Ministry of Economy and Finance of Republic of Korea as specified person under Sovereign Wealth Fund category under Explanation 1 to 10(23FE)(vi)(b) for claiming exemption for interest, dividend or long term capital gains on investment made in India.
CBDT notifies investment in OMERS Administration Corporation, ‘Government Employees Superannuation Board, and Public Sector Pension Investment Board’ as specified person under Pension Fund category under Explanation 1 to 10(23FE)(vi)(c) for claiming exemption for interest, dividend or long term capital gains on investment made in India.
Customs has continued the Special Refund and Drawback Disposal Drive from 15.05.21 to 31.05.21.
Opportunity has been provided till 30th June 2021 for Mandatory updation of UDINs in all Income Tax Forms at e-filing portal.
ESIC Contribution for April 2021 can be made till 15th June 2021 instead of 15th May 2021.
The Indian banking system has been reel- ing under the stress of Non Performing Assets (NPA) well before Covid reached our shores last year. Especially with re- spect to Public Sector Banks, where NPAs have risen at an alarming rate over the past half-decade. NPAs have now become a na- tional financial crisis & a …
DGFT facilitates online Module for issuance/amendment/re-validation of Export Authorisation for restricted items(Non-SCOMET) items from 17-5-2021.
Import policy of Integrated Circuits (lCs) for HS Codes 85423100, 85423900, 85423200, 85429000, and 85423300, of Chapter 85 will now require to obtain Automatic Registration Number from Chip Imports Monitoring System (CHIMS) prior to import.
Customs facilitates trade by restoring the earlier relaxation of submission of undertaking in lieu of Bond till 30.6.21 complying certain conditions.
All the Development Commissioners are directed to extend the due dates for pending compliances, expiry of validity of LoAs, approvals or permissions in the current lockdown in view of COVID-19 till 30.06.2021. The relaxation will apply for following activities, Requirement to file Quarterly Progress Report (QPR) attested by Independent Chartered Engineers by Developers/ Co-developers. SOFTEX …
Relaxation provided that DGFT will not insist on valid RCMC (in cases where the same has expired on or before 31st March, 2021) from the applicants for any incentive/authorizations till 30th September, 2021.
For SEZ units, a liberal approach may be taken by DCs for Work from Home facility till orders for pandemic Covid are issued by National Disaster Management Authority or State Government.
Hospitals, Dispensaries, Nursing Homes, Covid Care Centres or similar other medical facilities providing Covid treatment to patients may receive cash more than Rs. 2 lacs from a person in a day for the period 1st April, 2021 to 31st May,2021 and by providing PAN/ Adhar of patient and relationship details between payee and patient to …
Bizsol Update for the month May 2021 Articles: “Relaxation in filing of GST returns during COVID 2.0”, by CA. Manoj Malpani, Sr. Principal Advisor, Bizsolindia Services Pvt. Ltd. “Need of Voluntary Certification of GSTR-9C (by Chartered Accountant / Cost Accountant)” by CMA Ashok Nawal, Founder, Bizsolindia Services Pvt. Ltd. “Decoding bad Banks a Palliative or …
The Ministry of Food Processing Industries (MoFPI) on Monday issued detailed operational scheme guidelines and launched an online portal inviting Expression of Interest (EoI) from food processing companies for availing the Rs. 10,900 crore Production Linked Incentive (PLI) scheme for the sector.
Adhoc Exemption for free of Cost import of Covid Material (Remdesivir injection, oxygen and COVID-19 vaccines etc) by States for free of Cost distribution.
Relaxation on additional fees has been provided by MCA for various Forms (due from 1st April 21 to 31st May21) under Companies Act, 2013 and LLP Act, to file till 31st July, 21.
MCA provides relaxation in creation / modification of charge and fees which was due on 1st April 21 and falls due between 1st April 21 and 31st May, 21 stands extended till 31st May 21.
