Ministry of Corporate Affairs
Login related Informational Message for the existing V2 users having V2 login IDs and Passwords (March 12, 2022)
The Login related Informational Message is placed below:
- No need to re-register on V3 portal;
- To login : The existing users may use their respective V2 user IDs and Password for the first time;
- After Login : To access the services of filing LLP forms in V3, the users need to upgrade their profile from Registered to Business user (option available on top right corner);
- For Company related filings in V2: the Users are required to use Login to ‘Company Filings’ option on the login page with their existing V2 credentials only.
For Official Notification, Click Here
Stakeholders concerns over Associating DSC in V3 (March 12, 2022)
Certain Stakeholders have raised concerns over Associating DSC in V3. They are advised to follow the below simple steps:
- They can associate your DSC as a Business user in V3.
- Login using their credentials. (3) Go to MCA Services ->FO LLP Services ->Associate DSC.
- Download & run embridge - 2nd option provided on the screen.
- Change the DSC password/PIN (for 1st time users on V3).
- In the Token field, select ePass option from the available drop downs.
- Select Certificate Details from the drop down and enter the DSC password.
- Click on Register.
- You will receive confirmation message on portal.
For Official Notification, Click Here
Central Board of Indirect Taxes and Customs (CBIC )
Proper officer under sections 73 and 74 of the Central Goods and Services Tax Act, 2017 and under the Integrated Goods and Services Tax Act, 2017 (Circular No. 169/01/2022- GST dated March 12, 2022)
The Central Tax officers of Audit Commissionerates and Directorate General of Goods and Services Tax Intelligence (hereinafter referred to as “DGGI”) shall exercise the powers only to issue show cause notices. A show cause notice issued by them shall be adjudicated by the competent Central Tax officer of the executive Commissionerate in whose jurisdiction the noticee is registered when such cases pertain to jurisdiction of one executive Commissionerate of Central Tax only.
For Official Circular, Click Here
Ministry of Law and Justice
Press Communiqué (14 MAR 2022 )
Smt. Justice Pushpa Virendra Ganediwala, has tendered her resignation from the Office of Additional Judge, Bombay High Court, in pursuance of provision (a) To clause (1) of Article 217 of the Constitution, with effect from 11th March, 2022. Vide Notification of even number dated 14.03.2022.
Ministry of Defence
DEFENCE EQUIPMENT PROJECTS UNDER MAKE IN INDIA SCHEME (14 MAR 2022 )
The Government has taken several policy initiatives in the past few years under ‘Make in India’ program and brought in reforms to encourage indigenous design, development and manufacture of defence equipment in the country, thereby expanding the production of indigenous defence equipment. These initiatives, inter-alia, include
- according priority to procurement of capital items from domestic sources under Defence Acquisition Procedure (DAP)-2020;
- Notification of two ‘Positive Indigenisation Lists’ of total 209 items of Services and one ‘Positive Indigenisation List’ of total 2851 items of Defence Public Sector Undertakings(DPSUs);
- Simplification of Industrial licensing process with longer validity period;
- Liberalisation of Foreign Direct Investment(FDI) policy allowing 74% FDI under automatic route;
- Launch of Innovations for Defence Excellence (iDEX) scheme involving Startups & Micro, Small and Medium Enterprises (MSMEs);
- Launch of an indigenization portal namely SRIJAN to facilitate indigenisation by Indian Industry including MSMEs;
This information was given by Raksha Rajya Mantri Shri Ajay Bhatt in a written reply to Shri Vaiko in Rajya Sabha on March 14, 2022.
RBI
Action against Paytm Payments Bank Ltd. under section 35 A of the Banking Regulation Act, 1949 (March 11, 2022)
Reserve Bank of India directed Paytm Payments Bank Ltd. to stop, with immediate effect, onboarding of new customers. The bank has also been directed to appoint an IT audit firm to conduct a comprehensive System Audit of its IT system. Onboarding of new customers by Paytm Payments Bank Ltd. will be subject to specific permission to be granted by RBI after reviewing report of the IT auditors.
Retail inflation remains above RBI comfort level, rises to 6.07% in Feb (March 14 , 2022 )
India’s retail inflation inched up marginally in February remaining above the upper limit of central bank’s comfort level of six per cent for the second consecutive month, while wholesale price inflation rate remained in double digits for the 11th consecutive month, making inflationary management challenging amid rising risks to growth momentum in Asia’s third largest economy.
Data released by the statistics department showed the consumer price index (CPI) based inflation rate rose to 6.07 per cent in February driven by clothing and footwear and fuel and light groups. However, core inflation that excludes volatile food and fuel prices eased to 5.82 per cent in January from 5.85 per cent in the preceding month.
SEBI
Sebi releases list of untraceable defaulters (March 14, 2022 )
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