Corporate Affairs Ministry (MCA) to relax Late Fee for various filings under Companies Act

Corporate Affairs Ministry (MCA) to relax Late Fee for various filings under Companies Act

The corporate affairs ministry has provided relaxations waived late fees for various filings under the Companies Act, LLP Act and extended till July 31 on account of disruptions caused by the second wave of Pandemic. The period between two...

Bitcoin Market Raises 58 percent in Past Three Months

Bitcoin Market Raises 58 percent in Past Three Months

It was $1.15 trillion on February 5, 2021, when Bitcoin was nearing the $37,800 price mark and Ethereum was at $1,724. Cut to May 3, 2021: Bitcoin is now 53 per cent up at $58,000, Ethereum 83.8 per cent to $3,170, and the combined market cap of...

SEBI Relaxes Rules for Compliance Timelines for Debentures Trustees

SEBI Relaxes Rules for Compliance Timelines for Debentures Trustees

In the midst of the ongoing coronavirus pandemic, the Sebi on Monday loosened restrictions for debenture trustees in order to comply with regulatory criteria pertaining to transparency about asset cover certificate monitoring. The move comes...

Small and medium businesses get relief on GST interest and late fee

Small and medium businesses get relief on GST interest and late fee

The central government has announced late fee waiver on filing of goods and services tax (GST) returns for March and April, besides reducing interest rates on late payments, according to orders issued by the finance ministry on Saturday. The move...

Yes Bank explores bid for Citibank's Indian assets

Yes Bank explores bid for Citibank's Indian assets

Private lender Yes Bank is exploring a potential bid for the Indian retail assets of Citibank, joining a list of suitors eyeing the local operations of the foreign bank that is partially exiting 13 countries. Yes Bank will also look at acquiring...

How can entrepreneurs identify new business opportunities

How can entrepreneurs identify new business opportunities

Having a fool-proof business idea will give you a head start in your entrepreneurial journey and after that it is all about identifying new business opportunities and growing your business. In this current highly competitive market realm, which is...

Central Government Extends Timeline for Income Tax Compliances

Central Government Extends Timeline for Income Tax Compliances

The government extended deadlines for various income tax compliances, including the filing of a belated or amended return for the 2019-20 fiscal year, until May 31. The Central Board of Direct Taxes (CBDT) stated that it had received...

GST collection of Rs 1,41,384 crore for April sets new record

GST collection of Rs 1,41,384 crore for April sets new record

Goods and services tax (GST) collections hit a record monthly high of Rs 1.41 lakh crore in April which is pointing to a recovering economy before the Covid pandemic exploded.  April GST collections, for transactions in the previous month,...

Government Announces Waiving off Late Fee on Filing GST

Government Announces Waiving off Late Fee on Filing GST

According to orders issued by the finance ministry, the government has declared a late fee waiver on filing goods and services tax (GST) returns for March and April, as well as a reduction in interest rates on late payments. The move is...

Indian Exports Jumped to $30.21 billion with Healthy Growth of Engineering and Gems & Jewellery

Indian Exports Jumped to $30.21 billion with Healthy Growth of Engineering and Gems & Jewellery

  The country’s exports in April jumped nearly three-folds to $30.21 billion on account of healthy growth in key sectors including engineering, gems and jewellery, and petroleum products, even as trade deficit widened to $15.24...

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