The Budget 2022 is for digital India, a step to boost the start-up in India. Govt has also opened defence sector for industry, 25% R&D budget is for start-ups and academia to enable growth of the defence infrastructure with the help of technology companies. Following amendment proposed in Income Tax Amendment section 14A (relating […]
Read More →In order to strengthen the compliance, the POSH provides for filing of Annual Report every year.. It does not, however, specify a deadline for submission. Organizations have been submitting submitting Annual Reports by 31st January or as soon as LCCs/District Officers/State Authorities or any other concerned official of the respective state/district notify them. As per […]
Read More →Halal is an Arabic word that means lawful or permitted. The opposite of halal is haram, which means unlawful or prohibited. As per the Holy Quran, there are several products which are haram for the followers of Islam. Halal and haram are universal terms that apply to all facets of life. These terms are commonly used in relation […]
Read More →Haryana has finally notified the Haryana State Employment of Local Candidates Act, 2020 and Haryana State Employment of Local Candidates Rules, 2021 to tackle the issue of unemployment in the State. Laws have come into force throughout the State of Haryana w.e.f. 15th January, 2022. Following points summarize the laws:- Act applies to all the […]
Read More →As per the recent notification with respect to section 5, sub-section (2) of section 10 and sections 10A, 10B and 12A of the Aircraft Act, 1934 issued by the Ministry of Civil Aviation, The Drone Rules 2021 shall be enforceable effective from 25.09.2021. The rules will replace the Unmanned Aircraft System Rules, 2021 issued on […]
Read More →The severity of the corona virus impact in India has not only jolted the health sector but also brought forth several doubts about the employment more specifically in private sector. The thoughtfulness of policy maker could be shown through the steps taken by the Haryana Government, who recently notifies the Haryana State Employment of Local […]
Read More →In exercise of the powers conferred by sub-sections (1) and (2) of Section 469 of the Companies Act, 2013 (“CA, 2013”), the Central Government, vide Notification GSR 92(E) dated 01st February, 2021 has amended the Companies (Specification of Definitions Details) Rules, 2014 which shall come into force on the 1st day of April, 2021. The […]
Read More →The necessary provisions regarding filing an appeal to Appellate Authority has been provided under CHAPTER XVIII- APPEALS AND REVISION [SECTION 107 TO 121] of the Central Goods and Services Tax Act, 2017 (‘CGST Act, 2017’) supplemented with CHAPTER XIII- APPEALS AND REVISION [RULE 108 TO 116]. Pursuant to the provisions of Section 107(1) of the […]
Read More →As per Rule 14(8) of Companies (Prospectus of Securities) Rules, 2014, “a company shall issue private placement offer cum application letter only after the relevant special resolution or Board Resolution has been filed in the Registry.” “Provided that Private Companies shall file with the Registry copy of Board resolution or special resolution with respect to […]
Read More →Section 42 of the Companies Act, 2013 (‘CA 2013’) relating to private placement norms for issue of securities, was substituted by the Companies (Amendment) Act, 2017 w.e.f. 07.08.2018. Simultaneously, Companies (Prospectus and Allotment of Securities) Rules, 2014 was amended by the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2018 w.e.f. 07.08.2018. The amendments […]
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