2020

Ministry of Consumer Affairs, Food and Public Distribution

Comments /suggestions sought by GOI on proposed amendments in Consumer Protection Act

Department of Consumer Affairs, Government of India has sought  comments /suggestions on proposed amendments in the Consumer Protection Act by 6th July, 2021. New business processes like E-commerce and other market developments have transformed the way Consumers make transactions these days. GOI has been holding a series of discussions with all the stakeholders to strengthen …

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COVID-19 MINISTRY OF FINANCE

Various schemes launched by Government during COVID-19 pandemic for companies

The Ministry of Corporate Affairs (MCA) administers the provisions of the Companies Act, 2013 (herein after called as the Act) and the Limited Liability Partnerships (‘LLPs’) Act, 2008 and the Insolvency and Bankruptcy Code (IBC), 2016. This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs in a …

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Ministry of Ports, Shipping and Waterways

Draft of Merchant Shipping Bill, 2020 issued by Government for public consultation

Ministry of Ports, Shipping and Waterways has issued a draft of the Merchant Shipping Bill, 2020 for public consultation. It aims to repeal and replace the Merchant Shipping Act, 1958 and the Coasting Vessels Act, 1838. The Merchant Shipping Bill, 2020 has been drafted, with the primary aim of promoting the growth of the Indian …

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Conciliation (Amendment) Ordinance, 2020

President Kovind promulgates Arbitration and Conciliation (Amendment) Ordinance, 2020

President Ram Nath Kovind today promulgated the Arbitration and Conciliation (Amendment) Ordinance, 2020 to further amend Arbitration and Conciliation Act 1996. The Ordinance aims to ensure that all the stakeholders get an opportunity to seek unconditional stay of enforcement of arbitral awards where the underlying arbitration agreement or contractor making of the arbitral award are …

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Draft of Coastal Shipping Bill, 2020 Issued by Ministry

Draft of Coastal Shipping Bill, 2020 Issued by Ministry of Shipping for suggestions from stakeholders

Ministry of Shipping has issued the draft of Coastal Shipping Bill, 2020 for suggestions from stakeholders and general public. A need was felt to have a separate legislation on coastal shipping as the shipping sector grows and evolves in the country. The global best practices have also been considered while drafting this Bill. The definition …

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GST COLLECTION

Essential Point of Today’s Extensions 24.10.2020

Essential Point of Today’s Extensions 24.10.2020 GSTR 9, 9C date for FY 2018-19 extended to 31st December, 2020. ITR Filing date for entities subject to tax audit for AY 20-21 extended to 31st January, 2021 ITR Filing Due date of International Transactions Taxpayers for AY 20-21 extended to 31st January, 2021. ITR Filing Due Date …

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