STOCK EXCHANGES COMPLIANCES DUE FOR JULY, 2021 (EXCEPT FOR EVENT BASED COMPLIANCE)
Rules / Regulations/ Act Section/ Rule/ Regulation No Type of Form/ Filing Authority with whom file/submission has to be made etc Particulars Due Date/ Due Month/ Effective Date if any SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Regulation 27(2)(a) Corporate Governance Report BSE and NSE Within 21 days from the end of the quarter. […]
NFRA & ANNUAL RETURN BY AUDITOR
CONSTITUTION AND DUTIES OF NFRA National Financial Reporting Authority (“NFRA”) was constituted by Government of India on October 1, 2018, in terms with sub-section 1 of Section 132 of the Companies Act, 2013 (“Act”), which mentions the constitution of NFRA to provide for matters relating to accounting and auditing standards under the Act. As per […]
Issuance of Benefits/Scrips under various export promotion schemes kept on HOLD
The Government provides various benefits under various schemes like MEIS, SEIS, ROSL, ROSCTL to exporters of goods and services in the DGFT IT modules. Due to changes in allocation procedure, the Government had put on hold acceptance, processing, and issuance of claims vide trade notice no. 08/2021-22 dated 08th July 2021. Till further notice, no […]
Inclusion of Retail and Wholesale trades as MSMEs
Minister of MSME and Road Transport and Highways Shri Nitin Gadkari announced revised guidelines for MSMEs with inclusion of Retail and Wholesale trades as MSMEs. The revised guidelines will benefit 2.5 Crore Retail and Wholesale Traders. Retail and wholesale trade were left out of the ambit of MSME, now under the revised guidelines, retail and […]
TDS u/s 194Q @ 0.01% on Purchase of Goods
From 1st July 2021, Buyer of Goods has to deduct TDS @ 0.01% u/s 194Q if his turnover exceeds Rs. 10 Crores in the preceding previous year and purchases from the Resident Seller exceeds Rs. 50Lakhs. A higher rate of TDS @5% will be applicable if the Seller fails to furnish PAN to the buyer. […]
Tax deduction at higher rate in case of certain non-filers (specified persons)
Tax deduction under section 206AB or tax collection section 206CCA at higher rate in case of certain non-filers (specified persons) with respect to tax deductions (other than under sections 192, 192A, 194B, 194BB, 194LBC and 194N) and tax collections. The higher rate is twice the prescribed rate or 5%, whichever is higher. A specified person […]
Extension of date for submission of proposals under PLI scheme for Food Processing Industry
The Last date of submission of proposal under PLI scheme fro food processing industry has been extended to 24-06-2011 up to 5.00pm from 17-06-2021 up to 5.00pm. https://rmpsco.com/2021/06/16/production-linked-incentive-pli-scheme-for-food-processing-industries/
PRODUCTION LINKED INCENTIVE (PLI) SCHEME FOR FOOD PROCESSING INDUSTRIES:
INTRODUCTION: The government of India has approved a new Central Sector scheme – “Production Linked Incentive Scheme for food Processing Industries” to support the creation of global food manufacturing commensurate with India’s natural resource endowment and support Indian brands of food products in the international markets with an outlay of RS.10,900 Crore. The food processing […]
THE PRODUCTION LINKED INCENTIVE(PLI) SCHEME FOR PROMMOTING DOMESTIC MANUFACTURING OF WHITE GOODS (AIR CONDITIONERS & LED LIGHTS)
INTRODUCTION: The Department for Promotion of Industry and Internal Trade (DPIIT) on Friday said it will provide incentives worth Rs 6,238 crore over a period of five years for manufacturing white goods–air conditioners (ACs), LED lights–in India, a part of its production-linked incentive (PLI) scheme. The scheme will be effective from the date of its […]
COMPLIANCES DUE WITH MCA AND STOCK EXCHANGES FOR THE MONTH OF JUNE, 2021 (EXCEPT FOR EVENT BASED COMPLIANCE)
The below is the compliance calendar for the compliances due with Ministry of Corporate Affairs (“MCA”) for the month of June 2021: SI. No Compliance Purpose of the E-form Rules/ Regulations/ Acts/ Scheme etc. Due Date 1 Filing of e-Form no DPT-3 To file return of deposit or particulars of transaction not considered as deposit […]