On 04 April 2021, the President of India promulgated the Tribunal Reforms (Rationalization and Conditions of Service) Ordinance, 2021 (“Ordinance”). The said Ordinance is of significance for two reasons. Overview of Changes Introduced The jurisdiction of the following Tribunals stands transferred by way of this Ordinance: Section 184 deals with the Qualifications, appointment, etc., of …
The Ministry of Finance, Government of India introduced the Finance Bill, 2021 (“Bill”) on February 1, 2021 to give effect to the tax proposals of the Central Government for the Financial Year 2021- 2022. The changes proposed under Bill relating to Customs and Indirect Tax, including are listed below. All changes in rates of duty …
Budget 2021: Key Customs & Indirect Tax Amendments Read More »
The Ministry of Finance, Government of India introduced the Finance Bill, 2021 (“Bill”) on February 1, 2021 to give effect to the financial proposals of the Central Government for the financial year 2021- 2022. We have enlisted below the changes proposed under Chapter VI (Miscellaneous) of the Bill, which, in particular, have an impact on …