Relaxation for Small Companies

Posted on October 18, 2022

Background  The Ministry of Corporate Affairs (MCA) has taken several measures in the recent past towards ease of operating and relaxation in doing business for the corporate. These included reclassifications of various provisions of the Companies Act, 2013, introducing the... Read More →

Posted in Regulatory |

Notification of Overseas Investment Rules, Regulations & Master Directions, 2022

Posted on August 26, 2022

In keeping with the spirit of liberalization and to promote ease of doing business, the Central Government and Reserve Bank of India had been progressively simplifying the procedures under Foreign Exchange Management Act, 1999. Continuing with the same intent, a... Read More →

Posted in Regulatory |

Tax Exemptions of sums received for Treatment/Demise Due to COVID 19

Posted on August 8, 2022

CG notifies conditions for tax exemption of sums received for COVID-19 treatment or on demise due to COVID-19 by issuing three notifications dated August 5, 2022 Notification No. 90/2022 - Notifies conditions under clause (ii)(c) to the first proviso to... Read More →

Posted in Direct Tax |

Foreign Contribution (Regulation) Amendment Rules 2022

Posted on July 6, 2022

Introduction of the Foreign Contribution (Regulation) Amendment Rules, 2022 The Central Government via notification dated July 01, 2022 has introduced Foreign Contribution (Regulation) Amendment Rules, 2022 (“The Amendment Rules 2022”) to amend the Foreign Contribution (Regulation) Rules, 2011 (“Rules”) under... Read More →

Posted in Regulatory |

Nomination for Mutual Fund Units

Posted on June 23, 2022

SEBI directs AMCs to provide an Option for filing Nomination or Opting out for Mutual Fund Units Background: The Securities and Exchange Board of India (SEBI) vide its circular dated June 15, 2022 has made it mandatory for all the... Read More →

Posted in Regulatory |