April 2020

Regulatory updates – Covid 19 relaxations for stressed businesses

Important regulators of India have extended several relaxations from compliance of various provisions to COVID affected businesses. Find important regulatory updates – Covid 19 relaxations COMMERCE & INDUSTRY UPDATES Commerce & Industry Ministry press release dated 31.3.2020 (https://pib.gov.in/PressReleseDetail.aspx?PRID=1609704) Few salient features To provide continuity in the policy regime, the current Foreign Trade Policy, valid till …

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Relaxation of various Tax timelines to combat COVID 19 outbreak situation

Government of India has announced Relaxation of various Tax timelines to combat COVID 19 outbreak situation. Accordingly it has notified Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020 on 31st March 2020 to give effect to Various Direct/Indirect Tax and Statutory Compliance relaxation announced on 24th March 2020. Following are the salient features of press release …

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