Key highlights of the announcements pertaining to relief in certain tax and regulatory compliances proposed by Hon’ble FM Finance Minister of India Smt. Nirmala Sitharaman vide her address to nation dated 24th March, 2020 are summarised in the attached pdf.
- Co. Law Rules Changes
- Extension of time limit for compliance to be made for claiming exemption under Section 54 to Section 54GB
- Mandatory Evaluation of the Audit Quality Maturity of CA Firms using AQMM w.e.f. 1st April 2023
- Changes on Foreign Investments in Alternate Investment Funds (AIFs)
- Applicability of Accounting Standards for Different Classes of Entities