MCA increases threshold of paid-up capital and turnover of small companies
The amendment provides that from now on, companies with paid up capital and turnover not exceeding rupees two crores and rupees twenty crores respectively shall be considered as small companies.
Government of Maharashtra directs physical submission of Audit Report under MVAT Act, 2021 for the year 2019-2020
The Last date for physical submission of Audit Report under Maharashtra Value Added Tax Act, 2021 for the year 2019-2020 in e-form 704 is 1st March, 2021.
Startup India Seed Fund Scheme
The Central Government has approved the ‘Startup India Seed Fund Scheme (SISFS)’ to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry and commercialization.
Tripura Shops and Establishments (Fifth Amendment) Ordinance, 2021
The Amendment empowers the inspector appointed under the act to inspect trade license issued by the competent authority during all reasonable hours.
Tripura Contract Labour (Regulation and Abolition) (Fourth Amendment) Rules, 2020
The amendment provides that submission of application for registration under the act, acknowledgement of receipt of application, issue of registration certificate etc. shall be done through online platform.
Tripura Inter-state Migrant Workmen (Regulation of Employment and Conditions of Service) (Fourth Amendment) Rules, 2020
The amendment provides that submission of application for registration of employees, acknowledgement of receipt of application, issue of registration certificate etc. shall be done through online platform.
ICAI has extended the Condonation Scheme to regularize UDINs
The ICAI hereby provides that all the missed UDINs between the period 1st February 2019 to 31st January 2021 can now be generated up to 28th February, 2021.
CBIC expands the Bilateral Safeguard measures imposed on goods originating from South Korea
As a Bilateral Safeguard measure increased rate of customs duty was imposed on a list of goods originating from Korea. The Polybutadiene rubber excluding titanium and lithium grades is included in the list by this notification.
Government of Karnataka publishes the Karnataka Municipalities (Second Amendment) Act, 2021.
The government has enhanced the property tax to 30% in which no revision of guidance value is made
The Karnataka Municipal Corporations Model Building (Amendment) Bye-Laws, 2021.
Any person seeking to set up a Public Charging Station may apply for connectivity and he shall be provided connectivity on priority by the Distribution Company licensee to supply power in the area.
