Background As per Section 4A (1) of the Payment of Gratuity Act, 1972 (Act), every employer shall obtain insurance for LIC or any other insurer for the payment of gratuity to employees. However Central government has not notified any date for implementation of the said Section. Government of Karnataka by virtue of […]
Read More →Introduction After a long wait, Corporate Transparency Act has finally came into force w.e.f. 1st Jan, 2024. This is a law to ensure that persons who form corporations or limited liability companies in the United States disclose the beneficial owners of those corporations or limited liability companies, in order to prevent wrongdoers from exploiting […]
Read More →China Compliance Updates Extended deadline for filing and paying withholding tax for 2024 Period Taxpayer Original Extended For the month of January Every person withholding tax from the wages, royalties, interest etc. 15-Feb-2024 23-Feb-2024 For the month of March Every person withholding tax from the wages, royalties, interest etc. 15-Apr-2024 18-Apr-2024 For the […]
Read More →China Compliance Updates Extended deadline for filing and paying corporate income tax (CIT) Period Periodicity Original Extended For the month of January Monthly 15-Feb-2024 23-Feb-2024 For the month of March Monthly 15-Apr-2024 18-Apr-2024 For the month of April Monthly 15-May-2024 22-May-2024 For the month of May Monthly 15-Jun-2024 19-Jun-2024 For the month […]
Read More →China Compliance Updates Extended deadline for filing and paying value-added tax (VAT) for 2024. Period Periodicity Original Extended For the month of January Monthly 15-Feb-2024 23-Feb-2024 For the month of March Monthly 15-Apr-2024 18-Apr-2024 For the month of April Monthly 15-May-2024 22-May-2024 For the month of May Monthly 15-Jun-2024 19-Jun-2024 For the month […]
Read More →Ministry of Law and Justice notified The Repealing and Amendment Act, 2023 on 17th December, 2023 have repealed/amended certain enactments as mentioned in Schedule I and Schedule II to such notification . Click here for copy of notification. Some of the key enactments repealed by the The Repealing and Amendment Act, 2023 which will […]
Read More →In Case of Suncraft Energy Private Limited, Calcutta High Court had held that the reason for denying the input tax credit is on the ground that the detail of the supplier is not reflecting in GSTR 1 of the supplier. The Appellant are in possession of a valid tax invoice and payment details to the […]
Read More →Central Consumer Protection Authority have notified guidelines for Prevention and Regulation of Dark Patterns, 2023 to discourage use of Dark Patters by online sellers, marketplaces, ecommerce entities and advertisers while promoting or offering any goods or services to online users. Dark patterns has been defined as such practices of selling goods or services wherein […]
Read More →The Drugs and Cosmetics Act, 1940 and rules 1945 have entrusted various responsibilities to Central and State Government regulators for regulation of drugs and cosmetics. It envisages uniform implementation of the provisions of the Act and Rules made there under for ensuring the safety, rights, and well-being of the patients by regulating the drugs and […]
Read More →In the latest notification issued by The Directorate General of Foreign Trade (DGFT) under Ministry of Commerce and Industry, India vide Public Notice No. 20/2023 dated June 30, 2023, the last date to apply for availing the benefits under the Amnesty Scheme for one-time settlement of non-compliance in export obligation for Advance Authorization and Export […]
Read More →