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Updates For the Day: September 1, 2021

Income-tax (25th Amendment) Rules, 2021

The Income-tax (25th Amendment) Rules, 2021 will come into force on 1st day of April,...

Reserve Bank of India (Financial Statements – Presentation and Disclosures) Directions, 2021

Banks are directed to take prior approval from the Reserve Bank of India before any...

RBI amends the Guidelines on Compensation of Whole Time Directors/ Chief Executive Officers/ Material Risk Takers and Control Function staff of banks

It is clarified that share-linked compensation shall be recognized as expense beginning with the accounting...

GST Revenue collection for August 2021 indicate recovery of economy

With the easing out of COVID restrictions, GST collection for July and August 2021 have...

Government of Punjab amends the detailed schemes and operational guidelines, 2018

The amended guidelines provides that the value of a plant and machinery in case of...

Government of Punjab amends the Industrial and Business Development Policy-2017

The amended policy provides that all Bio-ethanol units that install paddy straw fuel based boilers...

The Maharashtra Code on Social Security Rules, 2021

The rules provides the constitution, duties, procedure for functioning and role of members of Maharashtra...

FSSAI shall be appellate authority under FSS(Advertising and Claims) Regulations, 2018

An appeal shall be filed to FSSAI within 30 days of issue of rejection letter....