Odisha’s Move towards ensuring Biomedical Waste Management
Odisha SPCB notified all Non-Bedded Health care facilities including Research Organizations and the Laboratories in the Universities, to dispose biomedical waste only through a Common Biomedical Waste Treatment Facility and apply for authorization.
E-filing of Form Active (INC-22A) has been suspended temporarily by MCA
The Ministry of Corporate Affairs (MCA) on June 18, 2019, notifies that the tagging of non-compliant Companies or Directors for not filing e-Form Active (INC-22A) is in progress. Hence, e-filing of the form (ACTIVE) has been suspended temporarily.
Clarifications Regarding Filing Form GSTR 9C
In response to queries from Taxpayers, the CBIC has issued certain clarifications with respect to filing of GSTR-9C, by way of a press release on 04th June 2019. The Form is a statement of reconciliation between the Annual Return in Form GSTR 9 filed for the FY and figures as reported in the Annual Financial Statements.
Clarifications Regarding Filing Form GSTR 9
In response to queries received from the Industry on filing on the Annual return in GSTR 9 CBIC has issued clarification by way of a press release dated 04th June, 2019.
SEBI Introduces Vigorous Disclosure Mandate for CRAs
The Securities Exchange Board of India (SEBI) on June 13, 2019 prescribed for the Guidelines for Enhanced Disclosures by Credit Rating Agencies (CRAs). These norms aim to foster and elevate rating standards and credibility of CRAs. SEBI has revised its methodology for calculating Cumulative Default Rates (CDR) for ensuring uniformity with global practices. CDR, as […]
Highlights of the Webinar on Filing of DPT-3
The Institute of Company Secretaries of India conducted a webinar on 17th June 2019 which was addressed by the officials from the Ministry of Corporate Affairs, who provided insights and answers to queries posed by professionals pertaining to the Form DPT-3 which is due to be filed by Companies on 30th June 2019. Some of […]
Government Reduces the Rate of ESI Contribution from 6.5% to 4%
Highlight: The Government of India has taken a historic decision to reduce the rate of contribution under the ESI Act from 6.5% to 4%(employers’ contribution being reduced from 4.75% to 3.25% and employees’ contribution being reduced from 1.75% to 0.75%). Reduced rates will be effective from 01.07.2019. Detailed Read: The Government of India has taken a historic decision to […]
New regulation – 96C to ESI Regulations Inserted
Headlines: New Regulation 96C inserted to the Employees’ State Insurance General Regulations, 1950 empowering ESIC or the State Government to refer Insured person or their Family member for Super Speciality medical Treatment at Tie-Up Hospitals, and the expenditure for the same will be borne by ESIC, if prescribed conditions are complied. Detailed Read: The Employees’ […]
Introduction of E-Nomination for Members of Employees’ Provident Fund
Highlights: EPFO has introduced new facility to file nomination forms by members online through the Unified portal, to make it compatible with online claim to be submitted by the members. The process of entering the family details of the members as nominees and the e-filing of the nomination has been provided. Detailed Read: The Ministry […]
Roadmap to the new GST Return system
The GST Council in order to strengthen the GST regime and to aid taxpayers decided in its 31st meeting to introduce new GST return system. A transition plan has been set out in order to facilitate drift towards the new return system. The transition plan enumerates the following aspects: There are three main components to […]
