SEIS (SERVICE EXPORT FROM INDIA SCHEME)
Services to qualify under foreign trade policy: “Service” Includes all tradable services covered under General Agreement on Trade in services and earning free foreign exchange. The general agreement on trade in service defines services in four modes of supply: Cross border Trade, Consumption aboard, commercial presence, and presence of natural persons. Who is a “Service […]
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 […]
India’s Manufacturing Capabilities and Enhancing Exports – Atmanirbhar Bharat
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 following 10 key sectors for Enhancing India’s Manufacturing Capabilities and Enhancing Exports – Atmanirbhar Bharat. 10 Key Sectors under PLI scheme Cabinet approves PLI Scheme to 10 key Sectors for […]
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 […]