Tag: covid-19
Amendments in Labour Laws as part of Aatma-Nirbhar Bharat COVID-19 Relief Package Finance Minister today held second Press conference announcing details of Aatma-Nirbhar Bharat 20 lakh crores package. The initiatives announced today included a total of 9 measures, namely: a. 3 related to Migrant workers b. 1 related …
Chart of reduced TDS / TCS rates for FY 2020-21 from 14.05.2020 to 31.03.2021 Government of India Ministry of Finance Department of RevenueCentral Board of Direct Taxes New Delhi, 13th May. 2020 Press Release Reduction in rate of TDS deduction at Source (TDS) & Tax Collection at Source …
SEBI gives additional relaxation for compliance with LODR Regulations 2015 due to Covid-19 pandemic Securities and Exchange Board of India CIRCULAR SEBI/HO/CFD/CMD1/CIR/P/2020/79 May 12, 2020 ToAll listed entities All Recognized Stock Exchanges Madam / Sir, Subject: Additional relaxation in relation to compliance with certain provisions of SEBI (Listing …
ICAI Guidance Note and FAQ on Going Concern Key Considerations for Auditors amid COVID-19. The going concern concept is a fundamental principle of accounting. It assumes that an entity will remain in business for the foreseeable future. An entity is assumed to be a going concern in the absence …
CBDT gives relief on residency provisions due to lockdown & suspension of international flights Govt has granted relief on residency status to NRIs/foreign visitors whose stay in India got prolonged due to lockdown. Further, as per tweet by CBDT, Circular for determining the residential status in such cases …
Show Cause Notice, Order and Penalty passed during lockdown period quashed as assessee had no opportunity to explain the case. ABCAUS Case Law Citation:ABCAUS 3307 (2020) (05) HC In this case, a Petition was been filed by the assessee praying for quashing the order passed by the Income …
CBDT debunks suggestions by IRS officers on tackling COVID-19 situation, calls it a violation of Conduct Rules and initiates inquiry A report/Paper was circulating in the social media in the name of FORCE (Fiscal Options and Response to COVID-19) Epidemic). Purportedly it has been issued by the Indian …
Lockdown period not to be counted for corporate insolvency resolution process – IBBI amends Regulation  INSOLVENCY AND BANKRUPTCY BOARD OF INDIA  NOTIFICATION  New Delhi, the 20th April, 2020  Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2020 …
Exclusion of period of lockdown. IBBI (Liquidation Process) (Second Amendment) Regulations, 2020. New Regulation 47A inserted  PUBLISHED BY AUTHORITY NEW DELHI, 17TH APRIL 2020  INSOLVENCY AND BANKRUPTCY BOARD OF INDIA  NOTIFICATION  New Delhi, the 17th April, 2020  Insolvency and Bankruptcy Board of India …
CBDT revising ITR forms to enable benefits of various timeline extension given due to Covid-19 Finance Ministry Press Release CBDT revising return forms to enable taxpayers avail benefits of timeline extension  due to Covid-19 In order to enable income taxpayers to avail full benefits of various timeline extensions …
