Form DIR-3 KYC – Update KYC of Every Individual holding DIN

Registrar of Companies, Ministry of Corporate Affairs has specified a new form called eForm DIR-3 KYC for updating the KYC of every Individual who has been allotted a Director Identification Number (DIN).   The details are as below: Governing Law: Ministry of Corporate Affairs (MCA) vide Notification dated 5th July 2018 has amended Companies (Appointment and Qualification […]

Recommendation by 28th GST Council Meet

Dear Reader, Kindly find below updates of the decisions taken on the 28th meeting of the GST Council. The meeting has considered the below main subjects for discussion:   Change in GST Rates for several Goods, services and for specified Handicraft items Simplified Returns Opening of Migration window Other recommendations which requires approval of Parliament[…..]

FDI IN INSURANCE SECTOR

It seems that the government’s floor managers, led by Hon’ble Finance Minister Arun Jaitley, have reached out to Opposition parties for securing their support for passing bills to replace various ordinances, issued by the government recently, in the budget session of Parliament that begins on February 23.The 49 per cent cap would include both FDI[…..]