CBDT (Central Board of Direct Taxes) vide its notification S.O. 2276(E) dated the 24th May, 2023 has increased the maximum amount receivable by its employees as cash equivalent of leave salary (leave encashment) in respect of the period of earned leave at their credit at the time of their retirement, whether superannuation or otherwise to […]
Read More →CBDT has introduced another compliance for Corporates wherein they have to deduct TDS at higher rate if a person does not have her Aadhaar-PAN linked by 31st March 2023. Initially the CBDT had prescribed the date for linking Pan and Aadhaar as 30th June, 2022 but have extended this date till 31st March, 2023. Consequences […]
Read More →FSSAI has introduced addition compliance by amending Regulation 10(4) of Food Safety and Standards (Labelling and Display) Regulations, 2020 vide Food Safety and Standards (Labelling & Display) Amendment Regulations, 2022 to mandate the use of words “NON-RETAIL CONTAINER – NOT FOR DIRECT SALE TO CONSUMER” or such other statement/mark to clearly identify those packages that […]
Read More →In exercise of power conferred by Section 39 of the Motor Vehicles Act, 1988, the Central Government with a view to promote ease of doing business and transparency transaction of registered vehicles, has introduced the Central Motor Vehicles (Twenty-Sixth Amendment) Rules, 2022 effective from 1st day of April, 2023. India’s market for used vehicles has […]
Read More →Kerala labour department has provided a facility for filing annual returns through an integrated e-return form for variety of labour laws before 31st December of every calendar year, It is a common platform for unifying returns and registration under various labour laws. Users of this facility must fulfil a number of prerequisites in order to […]
Read More →Introduction:- In exercise of powers conferred by Section 3 read with Sections 5 and 9 of the Foreign Trade (D&R) Act, 1992 read with paragraphs 1.02 and 2.01 of the Foreign Trade Policy, 2015-2020, the Central Government with a view to promote ‘Make in India’ and ‘Atmanirbhar Bharat’ initiatives has amended the import policy from […]
Read More →ESI compliances by companies registered through MCA in case of non applicability of ESI Under new process of registration of Companies on MCA portal, companies are also getting registered under ESI and PF irrespective of the applicability such laws. This has been causing problem both for the companies not covered under ESI to do the […]
Read More →The Labour Department of Haryana on November 25, 2022, issued a Notification No. Elec-2022/IR-II/PSCE/Hol/37370 to declare a paid holiday to the workers or employees enrolled as voters in Delhi on account of the Election of the Municipal Corporation of Delhi to be held on 04.12.2022 (Sunday). Accordingly, all such employers of Industrial Establishments/Factories /Shops and […]
Read More →The Pollution Control Board of Assam vide its notification No. WB/T-333/2022-2023/41/1697 dated 05th November 2022 has exempted the standalone Diesel Generators (DG) sets with rated capacity of less than 1 MVA from the requirement of obtaining Consent to Establish/Operate i.e., consent Management with immediate effect. However, this exemption shall be subject to the condition that […]
Read More →Section 203. (1) Every person deducting tax in accordance with the foregoing provisions of this Chapter shall, within such period as may be prescribed from the time of credit or payment of the sum, or, as the case may be, from the time of issue of a cheque or warrant for payment of any dividend to […]
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