The GST Portal has implemented various new functionalities on the GST Portal, from time to time, for GST stakeholders. Let us discuss the functionalities deployed in July 2021.
The government has taken a number of initiatives to make India a hub for aircraft leasing and financing through various means. Discussing the same in this article.
The Cabinet on 28th July 2021 approved amendments to the LLP Act for decriminalizing offences under the law as the government looks to improve ease of doing business and encourage start-ups.
In order to ensure that insolvency professionals remain compliant with the letter and spirit of IBC, IBBI has issued a circular on 'Monetary Penalties to be imposed by an Insolvency Professional Agency'.
In view of the challenges faced by taxpayers due to the outbreak of the Novel Corona Virus (COVID-19), the Government of India has taken several taxation related measures for the industries, including MSMEs.
The net effect of the amendments carried out is that the existing licenses/registration would have a lifetime validity and also allowed a licensee/registration holder to voluntarily come forward to surrender the same.
SEBI vide a Notification dated 20th July 2021, has introduced 'Relaxation in timelines for compliance with regulatory requirements by Debenture Trustees due to Covid-19'.
Discussing upcoming GST functionalities with regard to Registration in Form GST REG-21, Return under Form GSTR-10, GSTR-11, GSTR-1 and GSTR-5 deployed on the GST Portal in July 2021.
SEBI has extended the timeline for conducting the AGM by Top 100 listed entities by market capitalization. Such entities shall hold their AGM within a period of six months from the date of closing of the FY for 2020-21.
Listed companies are requested to comply with the requirements of listing regulations and other applicable regulations as amended from time to time. The FAQ’s may be referred to only for assistance.