Acts – Page 10 – LexComply Blog

Jul02 0

Further relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013 during Financial Year 2021-22 The Ministry of Corporate Affairs (‘MCA’) vide General Circular No. 12/2021 dated 30.06.2021 has further extended the time given under earlier General Circular No. 07/2021 dated 03.05.2021. By General Circular No. 11/20121 […]

Jun25 0

FSSAI issued order dated June 08, 2021 for mandating their 14- digit FSSAI license or registration number on cash receipts, purchase invoice, cash memo, bills etc by all food business operators (FBO). It further adds that in case there are two food business operators in any transaction generating different documents, the requirement to quote FSSAI […]

Jun24 0

Omission of restriction on conducting Board Meeting through Audio Visual Means for certain matters listed in Rule 4 of the Companies (Meetings of Board and its Powers) Rules, 2014 –– Welcome Step by Ministry of Corporate Affairs Amidst compliance chaos during the pandemic running in the country, Ministry of Corporate Affairs has come up with […]

Jun22 0

In the meeting of Union Cabinet dated 02nd June.2021, The Model Tenancy Act, 2021 (MTA) got approved under which separate Rent Authorities, Courts and Tribunals would be set up in districts to protect the interest of both the owner and the tenant; enabling to streamline the process of renting property in India and aid the […]

Jun17 0

Government of India is working on overhauling of the existing labour laws to bring them in sync with the current era of business landscape. Labour laws not only impact workers but also Industries at large. All the four labour codes have been finalised by GoI to replace the existing labour laws and all that is […]

Jun16 0

In a recent policy change, Haryana labor department vides its Office Order 245 has hiked the cess that is collected on construction of residential, commercial, industrial and institutional etc. buildings across the state to the double of the previous rate. The state government intends to use the collected cess money to provide various benefits to […]

Jun15 0

The Karnataka Government through circular dated 31st May 2021 has issued Removal of Difficulties Order, 2021 under the Karnataka Tax on Professions, Trades, Callings and Employments Act, 1976. Whereas, Sub-section (2) of section 10 specifies that the enrolled persons shall make the payment of tax due for each year as under: In respect of a […]

Jun05 0

The Punjab Pollution Control Board (PPCB) on August 07, 2020 had announced Voluntary Disclosure Scheme (VDS) for all the industries, institutes and other establishments to ensure the compliance of Environmental Laws. The board has extended the date for filing the online applications under the Voluntary Disclosure Scheme from 31 March 2021 to 30 June 2021 […]

Jun03 0

E-Form ADT-1 is required to be filed pursuant to Section 139 and 140 of the Companies Act, 2013 (‘CA, 2013’) and pursuant to Rule 4(2) of the Companies (Audit and Auditors) Rules, 2014. It is notable that the first Auditor shall be appointed in the company by Board of Director under Section 139(6) or 139(7) […]

Jun01 0

With the objective of promoting ease of doing business in India, the Reserve Bank of India (“RBI”) has simplified and liberalised the erstwhile framework on external commercial borrowings/foreign currency denominated loans and the rupee denominated loans by notifying the Foreign Exchange Management (Borrowing and Lending) Regulations, 2018 (“ECB Regulations”) issued vide Notification No. FEMA 3 […]

Category: Acts

Relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013

FSSAI Licence number mandatory on receipts

Omission of restriction on conducting Board Meeting through Audio Visual

Institutionalization of Rental Housing – Enactment of Model Tenancy Law

Revised rates – Building & Other construction work under the Building and Other Construction Workers Welfare Cess Act, 1966

Extension of time limit for deposit of Professional tax in Karnataka

No need to file ADT-1 in case of appointment of first auditor of the company

ECB end-use restrictions for all eligible borrowers