A N Associates

15/06/2020

Interim Orders to Continue till 15.07.2020

[BREAKING] Interim orders by Delhi High Court, subordinate courts extended till July 15

22/05/2020

Post your query for Legal Assistance.

Law Firm in Delhi

17/05/2020

Lockdown 4.0 guildines !!!

14/05/2020

No Coats and Gowns till further orders: BCI relaxes dress code for all lawyers across the country

13/05/2020

Important points of the Press conference of Honorable FM:*

👉 *Six major steps for MSME*

1. Collateral Free Automatic Loan to MSME. No guarantee required. Period 4 Years. No principal repayment for 1 year.
2. Stressed MSME: Subordinate Debt 20,000 crore
3. MSME doing viable business: 50,000 cr. equity infusion for expansion
4. Definition of MSME changed:
a. Micro: Limit revised upward Investment upto 1 cr. or Turnover upto 5 cr.
b. Small: Limit revised upward Investment upto 10 cr. or Turnover upto 50 cr.
c. Medium: Limit revised upward Investment upto 20 cr. or Turnover upto 100 cr.
d. No difference in manufacturing and service sector for Micro Enterprises
5. Government Tenders: Global tenders will be disallowed upto 200 cr.
6. E market linkage for MSME. Within next 45 days all payments will be made to MSME.

👉 EPF: For June, July and August will be paid by Government (72,22,000 employees will be benefitted). Total Rs. 2500 benefit cr.

👉 EPF: Statutory PF deposit limit reduced from 12% to 10% for next 3 months. (6,750 cr.) (except CG and PSU’s)

👉*NBFC, HFC & MFI*; Rs. 30,000 cr. Special liquidity scheme

👉Partial credit guarantee scheme for NBFC: Rs. 45,000 cr scheme. Govt. of India will be guarantor. 20% will be borne by GOI.

👉 *Discom:* Liquidity crisis. Rs. 90,000 cr. infused for improving Liquidity crises. This amount will be paid by PFC and REC.

👉 *Contractors:* Extension upto 6 months to comply with contract conditions.

👉 *Real Estate:* Coviid 19, an event of 'Force Majeure'. Registration and Completion extended for 6 months for all projects expiring o or after 25.03.2020

👉 *Direct tax:*
- TDS rates reduced by 25% of existing rates from tomorrow to 31.03.2021(Non salaried to residents and TCS) Payment for - VSVS extending upto 31.12.2020. pay without any additional amount.
- Pending refunds of charitable trusts, non corporate business, proprietorship, partnership, LLP and society will be issued immediately.
- *Due dates of IT return for FY 2019-20*
Earlier 31.07.2020 & 31.10.2020 Now 30.11.2020
Tax Audit due date: Earlier 30.09.2020 Now 31.10.2020

09/05/2020

01/05/2020

Extension of lockdown beyond 3rd May, 2020 for a period of 2 weeks.

29/04/2020

Movement of staranded people , WITH CONDITIONS !!!

14/04/2020

Article 32 in The Constitution Of India 1949

32. Remedies for enforcement of rights conferred by this Part

(1) The right to move the Supreme Court by appropriate proceedings for the enforcement of the rights conferred by this Part is guaranteed

(2) The Supreme Court shall have power to issue directions or orders or writs, including writs in the nature of habeas corpus, mandamus, prohibition, quo warranto and certiorari, whichever may be appropriate, for the enforcement of any of the rights conferred by this Part

(3) Without prejudice to the powers conferred on the Supreme Court by clause ( 1 ) and ( 2 ), Parliament may by law empower any other court to exercise within the local limits of its jurisdiction all or any of the powers exercisable by the Supreme Court under clause ( 2 )

(4) The right guaranteed by this article shall not be suspended except as otherwise provided for by this Constitution

08/04/2020