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 […]
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 […]
Benefits for Manufacturing MSME units under Gujarat Industrial Policy
Introduction: – Situated on the west coast of India, Gujarat is one of the leading industrialized states in the country. Its geographical area of about 2 Lakhs sq. km. accounts for 6% percent of the total area of India. With a coastline of 1600 km, it’s well connected to all the major ports In all […]
MSME – SAMADHAAN
The country’s MSME sector is beset by issues, one of which is significant delays in receiving payments from buyers. For small and medium businesses, this results in unsustainable working capital cycles. One of the main reasons they become non-performing assets (NPAs) is because of this. To solve this delayed/non-payment, the government of India has launched […]
THE COMPANIES (ACCOUNTS) AMENDMENT RULES, 2021
The Ministry of Corporate Affairs (MCA) vide Notification No. G.S.R. 205(E), dated 24th March, 2021, has issued ‘Companies (Accounts) Amendment Rules, 2021’ to further amend the Companies (Accounts) Rules, 2014. The following are the amendments as per both the aforesaid Rules: Mandatory use of accounting software having recording audit trail: (As per notification, in rule 3, sub-rule […]
ICSI AUDITING STANDARDS (CSAS-1 to CSAS-4) W.e.f. April 1, 2021
ICSI AUDITING STANDARDS (CSAS-1 to CSAS-4) INTRODUCTION The Institute of Company Secretaries of India (ICSI) issued the following four Auditing Standards applicable on the Audit Engagements accepted by the Auditor: · Auditing Standard on Audit Engagement (CSAS-1) Auditing Standard on Audit Process and Documentation (CSAS-2) Auditing Standard on Forming of Opinion (CSAS-3) Auditing Standard on […]
AMENDMENT OF SCHEDULE V “REMUNERATION” UNDER THE COMPANIES ACT, 2013
AMENDMENT OF SCHEDULE V “REMUNERATION” UNDER THE COMPANIES ACT, 2013 The Ministry of Corporate Affairs (“MCA”) has issued a notification dated March 18, 2021, thereby amending the provisions of Schedule V of The Companies Act, 2013 (“Principal Act”), pursuant to the changes made by Companies (Amendment) Act, 2020 (“Amendment Act 2020”) in the provisions of […]