Clarification on Spending of CSR funds for Awareness and public outreach on COVID-19 Vaccination Programme-reg.

The Ministry of Corporate Affairs has issued General Circular No. 01/2021 dated 13.01.2021. It has been clarified that spending of CSR funds for carrying out awareness campaigns / programmes or public outreach campaigns on Covid-19 vaccination programme is an eligible CSR activity under item no. (i), (ii) and (xii) of Schedule VII of Companies Act […]

Aadhaar Authentication for GST Registration

As per newly inserted sub section (6A) & 6(B) of section 25 (Procedure of Registration) of the Act, all the existing registered persons/application submitted for new GST Registration will have to undergo mandatory Aadhaar authentication w.e.f. 1st April, 2020. (refer notification no. 18/2020 dated 23.03.2020 notifying 1st April, 2020 for verification of Aadhaar) Through Notification […]

GST Update:-Deferment of Annual Return in Form GSTR-9

Notification :-  15/2020– Central Tax  (Date of Application – 23.03.2020) Old Provision New Provision As per Section 44(1) of the CGST Act, 2017, due date of filing of Annual Return in form GSTR 9 for financial year 2018-19 was 31st December 2019. However, due date was extended up to 31.03.2020 for financial year 2018-19 vide […]

GST Updates:-Deferment of Provisions of Dynamic Quick Response code on B2C Invoices

Notification :-  14/2020-Central Tax  (Date of Application-01.10.2020) Old Provision New Provision Dynamic Quick Response (QR) Code is mandatory from 1st April, 2020 (Refer Notification No. 72/2019 Central Tax dated 13.12.2019) Dynamic QR Code is applicable for:- Registered person whose aggregate turnover in a financial year exceeds 500 crore rupees In respect of supply of Goods […]

Extension of time for submission of financial results by Listed Companies

SEBI vide circular no. 140 dated 29.07.2020 has extended the timeline for submission of financial results for the quarter, half year and financial year ended June 30 by a month to September 15 2020.   Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 (‘LODR Regulations’) requires a listed company to submit its quarterly/half year/annual financial […]