Articles by CS Lalit Rajput

IBC- Hefty Monetary Penalties to be imposed by an IP Agency

CS Lalit Rajput 30 July 2021 at 13:00

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'.

Financial Assistance Towards MSMEs

CS Lalit Rajput 27 July 2021 at 10:08

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.

CBIC Abolishes Licence Renewal Requirement For Customs Brokers, Authorized Carriers

CS Lalit Rajput 26 July 2021 at 09:32

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 Compliance Relaxations to Debenture Trustees

CS Lalit Rajput 26 July 2021 at 09:30

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'.

New GST functionalities to be deployed w.e.f July, 2021

CS Lalit Rajput 26 July 2021 at 09:30

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.

AGM extension by top 100 listed entities by market capitalization

CS Lalit Rajput 24 July 2021 at 08:55

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.

FAQs on SEBI (LODR) Amendments dated 5th May, 2021

CS Lalit Rajput 22 July 2021 at 19:13

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.

Government tenders to attract GST, deemed a service - Maharashtra AAR

CS Lalit Rajput 22 July 2021 at 09:34

Any tendering should attract GST on the processing fee and that 18% GST should apply wherever such forms are bought online or offline. Both online and offline tendering would be considered as a supply of service.

SEBI Revised MCR for AMC’s / Mutual Funds

CS Lalit Rajput 20 July 2021 at 09:25

The circular was issued to protect the interests of investors in securities, to promote the development, regulate the securities market and bring transparency in reporting of segregated portfolios.

UAE (Dubai) Corporate Tax Regime - An Overview

CS Lalit Rajput 19 July 2021 at 11:34

Corporate taxation in Dubai is limited only to banks and oil companies. Oil companies in Dubai are subject to a maximum amount of 55% corporate income tax whereas foreign bank branches are subject to 20%.