1) GSTR 3B and GSTR 2A- ITC Reconciliation: Instructions on the way for field formations not to disallow such credit~ITC availed by a registered person in GSTR 3B which is eligible & based on documentary evidence will be allowed even if the same is not reflected in GSTR 2A.

2) Ministry of Corporate Affairs (MCA): The Companies (Amendment) Ordinance, 2018 has been brought into force from the 2nd of November 2018.

3) 59 minutes loan portal: Prime Minister Narendra Modi has announced major steps including 59-minute loan portal for sanction of up to one crore rupees for small and medium Enterprises. For an SME they have to create a Login at https://www.psbloansin59minutes.com/home

4) MSME Update: The Ministry of MSME has vide notification dated November 02, 2018 directed all companies having dues to MSMEs of more than 45 days (from date of acceptance or date of deemed acceptance) to submit half-yearly return with MCA showing such payments due and the reasons for delay in the same.