Corporate Updates – 10-04-2017

GST

The goods and services tax (GST) network has extended the date of enrollment for taxpayers under GST till the end of this month. In view of delay in rolling out laws and lack of preparation in industry, the deadlines for GST enrolment have been extended to 30th April 2017 for all existing registrations of Service Tax, Excise Tax, VAT to be migrated across state and centre. Government is all set to notify the GST w.e.f 01-07-2017.

MCA – IBBI

Dr. Navrang Saini took charge as Whole Time Member, Insolvency and Bankruptcy Board of India. Dr. Saini will look after Registration & Monitoring wing comprising Insolvency Professionals, Information Utilities, Insolvency Professional Agencies & Entities, Valuers, Surveillance, Investigation and Grievance Redressal. He will also look after Legal Affairs and Establishment. Dr. Saini served as a member of the Indian Corporate Law Service. He has served Ministry of Corporate Affairs in various capacities and played a key role in implementation of MCA 21. His last assignment was Director General, Ministry of Corporate Affairs. He also served as a Commissioned officer in Territorial Army from July 1985 to March 2011 and superannuated as Lt. Colonel. Dr. Saini has post-graduation degrees in Management and Law and also professional qualification as a Company Secretary.

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