Latest Legal Updates

New dates for GSTR-3B returns

Jan 23, 2020

The Finance Minister on January 22, 2020, has decided to introduce several measures to ease the process and one of them is that, now GST taxpayers can file their GSTR-3B returns in a staggered manner. The last date for filing of GSTR-3B for the taxpayers having annual turnover of Rs 5 crore and above in the previous financial year would be 20th of every month without late fees. The taxpayers having annual turnover below Rs 5 crore in previous financial year will be divided further in two categories: i.The tax filers from Chhattisgarh, Madhya Pradesh, Gujarat, Daman and Diu, Dadra and Nagar Haveli, Maharashtra, Karnataka, Goa, Lakshadweep, Kerala, Tamil Nadu, Puducherry, Andaman and Nicobar Islands, Telangana and Andhra Pradesh will now be having the last date of filing GSTR-3B returns as 22nd of the month without late fees.  ii.The tax filers from Jammu and Kashmir, Laddakh, …

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Jan 13, 2020

The Reserve Bank of India (RBI) on January 09, 2020, has decided to amend the Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016 along with amendments to the Prevention of Money-laundering (Maintenance of Records) Rules, 2005 and Video based Customer Ide…

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RBI reopens allotment of investmen…

Jan 24, 2020

The Reserve Bank of India (RBI) on January 23, 2020, reopens allotment of investment limit under th…

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IRDAI to implement Ind AS in the I…

Jan 24, 2020

The Insurance Regulatory and Development Authority of India (IRDAI) on January 01, 2020, has decide…

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MCA to notify a new Form SPICe+ by…

Jan 24, 2020

The Ministry of Corporate Affairs (MCA) on January 23, 2020, announces a new web Form SPICe+ (SPICe…

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Domestic Pressure Cooker (Quality …

Jan 24, 2020

The Ministry of Commerce and Industry on January 21, 2020, in consultation with the Bureau of India…

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RBI increases the investment limit…

Jan 24, 2020

The Reserve Bank of India (RBI) on January 23, 2020, has doubled the investment limit for Foreign P…

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RBI has revised the guidelines of …

Jan 24, 2020

The Reserve Bank of India (RBI) on January 23, 2020, has revised the guidelines of the Merchanting …

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SEBI directed all recognized stock…

Jan 23, 2020

The Securities and Exchange Board of India (SEBI) on January 22, 2020, directed all recognized stoc…

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The Securities and Exchange Board …

Jan 23, 2020

The Securities and Exchange Board of India (SEBI) on January 16, 2020, notifies the Securities and …

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BIS cancels the Indian Standards o…

Jan 23, 2020

The Bureau of Indian Standards (BIS) on January 02, 2020, has notified that the Indian Standards of…

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FSSAI gives rectification the proc…

Jan 23, 2020

The Food Safety and Standards Authority of India (FSSAI) on January 17, 2020, has rectified the pro…

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SEBI amends the process with respe…

Jan 23, 2020

The Securities and Exchange Board of India (SEBI) on January 22, 2020, issues Circular to make chan…

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The National Startup Advisory Coun…

Jan 23, 2020

The Department of Promotion of Industry and Internal Trade (DPIIT) on January 21, 2020, notifies th…

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