Month: April 2021

From 2021, Importers And Exporters Must Update Their IEC Yearly Or Risk Deactivation

Per a notification released in February 2021 by the Ministry of Commerce & Industry: All IEC holders must update and validate their IEC details once a year between April and June. In India, the Import-Export Code (IEC) is a 10-digit identification number issued by the Director General of Foreign Trade (DGFT), Department of Commerce, Government …

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High-quality documents for your legal firm with Litera Contract Companion

Fun fact: Over 65% of legal professionals are under so much time pressure that more than one in three admits to skipping essential proofreading tasks. The legal profession is highly demanding and legal professionals are super busy. When lawyers are under pressure to increase billable hours and increase revenues, they don’t have extra time to …

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List of Company Compliance to be Completed For FY 2020-21 from 1 April 2021

On 31st March 2021, FY 2020-21 will come to an end. From 1st April 2021, all Indian companies are required to meet various compliances as per the rules laid out in Companies Act 2013. Failure to comply will lead to heavy fines and penalties on the company as well as the officer in charge of …

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