Statutory updates

37/2021-Central Tax : Seeks to make amendments (Ninth Amendment, 2021) to the CGST Rules, 2017.

Disclosure of Dealing in Securities by MII Directors and KMPs in GIFT-IFSC

The International Financial Services Centres Authority clarifies that specific disclosure clauses for dealing in securities apply only to dealings within GIFT-IFSC.

Inauguration of ESI Dispensary and Branch Office at Rae Bareli

Union Minister Smt. Smriti Zubin Irani inaugurates the new ESI Dispensary and Branch Office at Rae Bareli in Uttar Pradesh.

Global Access Framework for IFSC Broker Dealers

Registered broker dealers incorporated in the International Financial Services Centre receive permission to access exchanges outside the International Financial Services Centre…

Filing List of Creditors Format and Removal of Identification No.

Insolvency professionals must file the list of creditors in a revised format on the electronic platform of the Board to protect sensitive personal data.

Filing of List of Stakeholders in Liquidation Process Regulations

The Insolvency and Bankruptcy Board of India requires insolvency professionals to file the list of stakeholders in a revised format on the electronic platform.

Income Tax 32nd Amendment Rules 2021 for Film Production Statements

The Central Board of Direct Taxes issues the Income tax (32nd Amendment), Rules, 2021 to substitute Form No. 52A under the Income-tax Rules, 1962.

Income Tax Exemption for Haryana State Legal Services Authority

The Central Government notifies the Haryana State Legal Services Authority for specified income tax exemption under section 10 clause 46 of the Income-tax Act 1961.

All India Survey on Domestic Workers

The Labour Bureau launches the first ever All India Survey on Domestic Workers to collect data on employment conditions and socio-economic characteristics.

E-Shram Portal Registration Progress and Demographic Trends

The Ministry of Labour and Employment reports that total unorganised worker registrations on the e-Shram portal reach 8.43 crore across India after twelve weeks.

Special Swachhata Campaign 2.0 Results for Employment Directorate

The Directorate General of Employment executes the Special Swachhata Campaign 2.0 to digitize records and clear space in subordinate offices.

Key Decisions of 229th Meeting of Central Board of Trustees, EPFO

The Central Board of Trustees of EPFO approves the constitution of four sub-committees and the draft 68th annual report for the year 2020-21 during its 229th meeting.

All-India Consumer Price Index Numbers for Agricultural and Rural Labourers - October, 2021

Clarification on Dynamic QR Code for B2C Invoices

This circular clarifies the application of the Dynamic Quick Response Code on business-to-consumer invoices for services supplied to recipients located outside India.

Clarification on Refund Related Issues under GST

The Central Board of Indirect Taxes and Customs clarifies various refund-related issues under the Central Goods and Services Tax Act, 2017.

New Wage Settlement of MOIL Workers

MOIL Management and MOIL Kamgar Sanghathan sign a wage settlement for close to 6000 workers.

Construction of 200-Bed ESIC Hospital in Guwahati

The Minister of State for Labour and Employment inspects and starts construction work at the ESIC Model Hospital complex in Guwahati.

NOC or NDC Requirement from Income Tax Department in Voluntary Liquidation

An insolvency professional handling a voluntary liquidation process does not need to seek a No Objection Certificate or a No Dues Certificate from the Income Tax Department.