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IT Department extended compliance dates - The Hindu BusinessLine

IT Department extends compliance dates May 01, 2021 Income Tax Department on Saturday eased the compliance by extending certain due dates. The filing of belated return under sub-section (4) and revised return under sub-section (5) of Section 139 of the Act, for Assessment Year 2020-21, which were required to be filed on or before March 31, may be filed on or before May 31. The payment of tax deducted under Section 194-IA, Section 194-IB and Section 194M of the Act and the filing of challan-cum-...
Shailesh Kumar Nangia Co Objections To Dispute Resolution Panel Income Tax Department On Income Tax Department Assessment Year

DOL Fiduciary Rule Rises Again, Regulatory Freeze Continues, FINRA Releases Exam Piorities: Regulatory Update for March 2021 | Hardin Compliance Consulting LLC

For Investment Advisers On December 18, 2020, the Department of Labor (DOL) adopted Prohibited Transaction Exemption 2020-02 (“PTE 2020-02”), subjecting 401(k) rollover subject to ERISA’s fiduciary rules (sometimes). The exemption, called Improving Investment Advice for Workers and Retirees, expands the definition of fiduciary advice under ERISA to recommendations about rollovers and IRA investments. So now, in addition to best interest, fiduciary and disclosure standards imposed by the ...
Jaquelinem Hummel Doug Mackinnon Theresa Sekely Rochellea Truzzi Derivatives Rule Investment Company Examination Program Priorities Letter

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Modernized SEC Marketing Rule for Investment Advisers

Wednesday, January 20, 2021 On 22 December 2020, the U.S. Securities and Exchange Commission (SEC) adopted amendments (the final rule) to Rule 206(4)-1 under the Investment Advisers Act of 1940 (the Advisers Act) to modernize the regulation of investment adviser advertising and solicitation practices. 1 Rule 206(4)-1 was the SEC’s first antifraud rule governing the activities of investment advisers, and in many respects, it remains the most important. This action represents the fir...
United States Cliffordj Alexander Mayer Brown Business Development Companies Management Associates Inc See Horizon Asset Management

Health Data Privacy Changes in 2021

Tuesday, January 19, 2021 Much changed in the privacy law landscape in 2020, including a heightened focus on the use and disclosure of health information. As 2021 gets underway, businesses should be aware of the key legislative and regulatory changes in health data privacy that were teed up at the close of 2020, and which may now or soon affect them. HIPAA Proposed Rulemaking The Office for Civil Rights at the U.S. Department of Health and Human Services (HHS) released proposed chan...
United States New York Alex Azar Lisa Murkowskir Alaska Amy Klobuchard Minn Health Information Blocking Rules

Desperate Company Secretaries, Corporates & Professionals Seek Extension for Compliance Dates; Calls Problematic MCA e-Filing Portal as 'Major Cause of Concern'

 5 In a bizarre situation, company secretaries (CS) and chartered accountants (CAs) from around the country have been desperately seeking an extension of time and some relief from filing compliance reports with the MCA21 portal of the ministry of corporate affairs (MCA), as the portal has been malfunctioning since 30 December 2020. While businesses have been penalised with draconian penalties, the pleas from professionals as well as a storm on social media has been steadfastly ignored by the g...
Madhya Pradesh Nirmala Sitharaman Vishal Kumar Shahi Akshit Shukla Ministry Of Corporate Affairs Website Ministry Of Corporate Affairs

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