National Company Law Tribunal (NCLT) Invites Online Applications for post of Judicial and Technical Members.

National Company Law Tribunal (NCLT) constituted under Section 408 of the Companies Act, 2013, Invites Applications Online Applications for post of Judicial and Technical Members. Vacancies Judicial Member – 09 Nos. Technical Members – 06 Nos. The number of vacancies are tentative and may decrease or increase without prior notice. Last Date and Time of…

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AOC-4 & MGT-7 – Additional Fee Relaxation up to 31st December 2021

The Ministry of Corporate Affairs has made relaxations on levy of additional fees up to 31-12-2021 in the filing of following e-forms for the financial year ended on 31-03-2021: AOC-4 AOC-4 (CFS) AOC-4 XBRL AOC-4 Non-XBRL MGT-7 MGT-7A Only normal fees shall be payable for the filing of the aforementioned e-forms up to 31-12-2021. For the General Circular…

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OPTION TO GET POLLING BOOTH RE-ALLOTTED – ICAI ELECTION

ICAI has hosted Online filing of request form for change of polling booth in the same constituency (Rule 5) or in a city beyond one’s own constituency [Rule 6(2)] Eligibility The Members who are entitled to vote by poll shall have the option to choose for a polling booth in the same/different city within the…

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GST Rate changes w.e.f 01st October 2021

The GST Council’s 45th meeting held on 17th September 2021 has recommended GST rate changes which will be effective from 01st October 2021 Please find the attachment for New Rates applicable w.e.f 01st October 2021:

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Extension of Foreign Trade Policy up to 31st March 2022

The DGFT vide Notification No. 33/2015-2020 dated 28th September, 2021 has further extended the duration of Foreign Trade Policy 2015-2020 (FTP) from 30th September 2021 to 31st March 2022 The following are the major highlights The existing Foreign Trade Policy 2015-20 is extended up to 31st March 2022 (Earlier 30th September 2021) Imports against Advance…

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Extension of the validity of registration certificates issued under FCRA till 31st December, 2021

With a view to ensure smooth transition to the amended legal regime the Central Government has decided that FCRA Registration Certificates which are expired during the period between 29th September 2021 to 31st December 2021 and which await renewal shall remain valid upto31st December 2021. Therefore FCRA certificates or registration expiring between 29thSeptember 29, 2020,…

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NFRA Consultation Paper – Statutory Audit and Auditing Standards for MSMCs

National Financial Reporting Authority (NFRA) has issued Consultation Paper on Statutory Audit and Auditing Standards for Micro, Small and Medium Companies (MSMCs) seeking comments from its stakeholders on 29 September 2021. Background In view of the issues related to compliance with the regulatory framework specifically by smaller size companies, NFRA seeks stakeholder responses which will…

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