Insolvency Professionals to act as Interim Resolution Professionals, Liquidators, Resolution Professionals and Bankruptcy Trustees (Recommendation) Guidelines, 2021 The above Guidelines shall come into effect for appointments as IRP, Liquidator, RP and BT with effect from July 1, 2021. These Guidelines have been issued in supersession of the earlier …

List of 53 forms covered for waiver of additional fee as per MCA Circulars MCA by General Circular No. 7/2021 relaxed time for filing charges creation or modification of forms during 01.04.2021 to 31.5.2021. Earlier vide General Circular No. 6/2021 relaxed levy of additional fees in filing of …

The Actuaries (Election to the Council) Rules 2021 notified by the Finance Ministry The Finance Ministry has notified the Actuaries (Election to the Council) Rules, 2021 w.e.f. 3rd June 2021. These rules have been issued in supersession of the Actuaries (Election to the Council) Rules, 2008. The Actuaries …

Reserve Bank of India has launched an ‘Award scheme for writing books originally in Hindi on Economics/Banking/Financial subjects. The object of this scheme is to encourage original writings and research in Banking Hindi. A similar award scheme was also launched in 2018. Under this scheme, working/retired Professors (including …

CBIC issues notifications amending GST rates on goods and services to implement the recommendations of 43rd meeting of GST Council held on 28th May 2021. The summary of notifications issued are as under: Notification No. Particulars No. 02/2021 –Central Tax (Rate) Amendment made to notification No.11/2017-Central Tax (Rate), …

Interest on delayed payment of GST to be paid on net tax liability after adjusting credit in ECL from 1st June 2021 Clause 112 of the Finance Act 2021 amended Section 50 of the CGST Act 2017 related to Interest on delayed payment of tax. The amendment provided …