Extension of Interest Equalization Scheme – COVID 19

Extension of Interest Equalization Scheme – COVID 19 On account of the prevailing lockdown in India for the COVID-19 pandemic, the Government of India has provided several benefits to exporters, especially MSME sector exporters. One such vital benefit to exporters…

New Features of e-NAM Platform – COVID 19

New Features of e-NAM Platform In an attempt to halt the spread of the novel Corona Virus, the Ministry of Agriculture & Farmers Welfare has launched new features of the National Agriculture Market (e-NAM) Platform. The new features of the…

Vivad se Vishwas – Filing of DTVSV Form

Vivad se Vishwas - Filing of DTVSV Form During the Union Budget, 2020 the Direct Tax Vivad se Vishwas (DTVSV) Scheme was launched to provide for dispute resolution in respect of pending income tax litigation. The Central Board of Direct…

New GSTR-3B Return Due Dates – COVID 19

New GSTR-3B Return Due Dates – COVID 19 To provide relief to businesses grappling with the economic impact of COVID-19, Central Board of Indirect Taxes and Customs (CBIC) has changed GSTR-3B Return due dates in 2020. The dates have been…

COVID-19 Startup Assistance Scheme (CSAS)

COVID-19 Startup Assistance Scheme (CSAS) The Government of India has enforced strict lockdowns in an attempt to halt the spread of the COVID-19. The Small Industries Development Bank of India (SIDBI) is taking proactive steps to facilitate businesses and startups…

COVID-19 Reliefs for Intellectual Property Law

COVID-19 Reliefs for Intellectual Property Law The present article highlights various relief announcements under the Intellectual Property Law on account of the COVID-19 outbreak for the trademark, patent, and design. Extension of time limit for filing of any document, reply,…

Application for Free Sale and Commerce Certificate – COVID 19

Application for Free Sale and Commerce Certificate The Free Sale and Commerce Certificates are issued for exporting Medical Devices/Equipment not covered under the Drugs & Cosmetics Act. According to the Foreign Trade Policy of India, the Regional Authority (RA) of…

Reporting of GAAR, GST Details in Tax Audit Report Deferred – Covid 19

Reporting of GAAR, GST Details in Tax Audit Report Deferred In view of the prevailing situation due to Covid-19 pandemic across the country, the Central Board of Direct Taxes (CBDT) announced that the Companies will not be required to undertake…

SIDBI Schemes for Special Liquidity Support for MSME – Covid 19

SIDBI Schemes for Special Liquidity Support for MSME To support COVID-19 hit businesses, Reserve Bank of India (RBI) granted a Special Liquidity Facility (SLF) of Rs.15000 crore to Small Industries Development Bank of India (SIDBI) to enable it to provide…

CSR funds for COVID–19

CSR funds for COVID–19 Considering the spread of novel Coronavirus (COVID-19) in India, the Ministry of Corporate Affairs (MCA) has announced that spending of corporate social responsibility funds (CSR funds) for COVID-19 is an eligible CSR activity of a company.…