COVID EMERGENCY CREDIT FACILITY IS FOR ALL COMPANIES AND NOT FOR MSMES ONLY While Addressing the FICCI National Executive Committee members, Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman stated that COVID Emergency Credit Facility covers all companies and not just MSMEs. Finance Minister assured…
Due to #covid19 #outbreak #governmentofindia has already extended the due dates, there are various compliance to be completed in June, and most of them has 30th June, 2020 as Due Date. Till Date no further extension of the date have been provided by the Government (Respective Departments). Hurry up…
Dear Professional Colleague As we all know that we are required to learn constantly throughout our life so as to maintain our knowledge base, you must be hearing about the CPE hours required to do by member of Institute of Chartered Accountants of India so…
MSME NEW DEFINITION APPLICABLE W.E.F 01ST JULY, 2020 NOTIFIED BY MSMED MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES (MSMED) vide Gazette Id no. CG-DL-E-01062020-219680 and S.O. 1702(E) dated 01st June, 2020 has officially notified criteria for classification of micro, small and medium enterprises, —In exercise of…
The Institute of Chartered Accountants of India (ICAI) issued an advisory on 29th May, 2020 for its Members and Companies to whom CSR provisions under Companies Act, 2013 applies. In this advisory ICAI States that: Wherever the company undertakes the CSR activity through a third…
“BSE SME LISTING ELIGIBILITY NORMS REVISED DUE TO COVID-19” Overview Bombay Stock Exchange (BSE) vide notice no. 20200522-21 dated 22nd May, 2020 has issued Notification related to “Relaxation in Eligibility Criteria for SMEs in view of Covid-19 Pandemic Situation”. This circular has been issued to amend…
The Council of the Institute of Company Secretaries of India has decided to reduce the number of elective papers of Professional Programme (New Syllabus - 2017) and to discontinue the following three Elective Papers/subjects from Module III of Professional Programme (New Syllabus - 2017) with…
The CoVID-19 pandemic and the consequent lockdown restrictions imposed by national governments has impacted businesses not only in India but all over the world . In view of the same, SEBI has granted several relaxations to the listed entities in terms of timelines for filing…