SEBI (LODR) (2ND AMENDMENT) REGULATIONS, 2021

Securities and Exchange Board of India (SEBI) has amended the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR”). SEBI has notified the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2021 (“Amended LODR”) which come into force from 6th May 2021. The amendments […]

Startup Incubation Programme

What is a Startup Incubator? A startup incubator is a collaborative program designed to help new start-ups succeed. Incubators help entrepreneurs solve some of the problems commonly associated with running a startup by providing workspace, seed funding, mentoring and training (see list below for a more extensive list of common incubator services). The sole purpose of […]

Recent Updates & Compliance Calendar – Direct and Indirect Tax

DIRECT TAXES RECENT UPDATES Extending time for payment under VSV (Vivad Se Vishwas Scheme) to 30.06.2021 including timelines for assessment (Notification No. 39/2021 & 38/2021) Format, Procedure and Guidelines for submission of Statement of Financial Transactions (SFT) for Interest income and Dividend Income (Notification No. 1 & 2 of 2021-DGIT ) CBDT notifies new Provisions of […]

Atmanirbhar Bharat (PLI) Scheme for White goods (Air Conditioners and LED lights) manufactured in India:

The Production Linked Incentive Scheme for White Goods (PLIWG) proposes a financial incentive to boost domestic manufacturing and attract large investments in the White Goods manufacturing value chain. Quantum of Incentive: The PLI Scheme has an incentive of 4% to 6% on incremental sales (net of taxes) over the base year of goods manufactured in […]

Atmanirbhar Bharat (PLI) Scheme for large scale electronics manufacturing/for promotion of manufacturing of electronic component and semi conductors

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has given its approval to introduce the Production-Linked Incentive (PLI) Scheme in the 10 key sectors for Enhancing India’s Manufacturing Capabilities and Enhancing Exports – Atmanirbhar Bharat.   Objective: The Production Linked Incentive Scheme (PLI) for Large Scale Electronics Manufacturing proposes a financial incentive […]

Atmanirbhar Bharat PLI Scheme for Pharmaceuticals and drugs in India

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has given its approval to introduce the Production-Linked Incentive (PLI) Scheme in the 10 key sectors for Enhancing India’s Manufacturing Capabilities and Enhancing Exports – Atmanirbhar Bharat.   Objective: The scheme intends to boost domestic manufacturing of identified KSMs, Drug Intermediates and APIs by […]

RELAXATION FROM COMPLIANCE WITH CERTAIN PROVISIONS OF THE SEBI

THE  SEBI  (LISTING OBLIGATIONS DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 / OTHER APPLICABLE CIRCULARS  The SEBI vide Circular no SEBI/HO/DDHS/DDHS_Div1//P/CIR/2021/556 and 557 dated April 29, 2021, has provided relaxations from  compliance  with  certain  provisions  of  the  SEBI  (Listing Obligations Disclosure Requirements) Regulations, 2015 (“SEBI LODR”)  / other applicable circulars  due to the CoVID -19 pandemic Listed entities […]

MCA CIRCULAR REGARDING RELAXATION OF ADDITIONAL FEES IN FILING OF CERTAIN FORMS UNDER THE COMPANIES ACT, 2013 AND LLP ACT, 2008

MCA CIRCULAR NO. 6/2021  After receiving a various request from various stakeholders for relaxation on the levy of additional fees for filing of various forms under the Companies Act, 2013 and LLP Act, 2008, the Ministry of Corporate Affairs (MCA) has issued MCA Circular no 6/ 2021 dated May 3, 2021, for relaxation of additional […]

Government e-Marketplace (GeM)

GeM is a one-stop online procurement portal for all Government buyers including Central/State ministries, Departments, Bodies & PSUs. GeM is dynamic, self-sustaining and user-friendly portal for making procurement by government officers for all Common user goods and services. Statistics of GeM Portal: –Source GeM portal Why Should you select GeM ! GeM advantages for sellers: Access […]