Learn about the penalty imposed by the Ministry of Corporate Affairs on FERANBRAJ TOLL AND HIGHWAY PRIVATE LIMITED for violating the Companies Act, 2013.
In re Uttarakhand Purv Sainik Kalyan Nigam Ltd. (GST AAR Uttarakhand) On perusal of legal provisions of Section 51 of CGST Act, 2017, we find that the Government has authorized following persons , to deduct tax at the rate of two per cent (1% CGST + 1% SGST) from the value of supply excluding the central […]
Title insurance is a form of indemnity insurance that protects a potential owner of a property against financial loss from defects in title to real property. The policy is a retrospective one where the insured is protected against losses arising from the events that occurred prior to the date of issuing the policy.
Insurance Regulatory and Development Authority of India had set up a Working Group to study the feasibility of General Insurers to underwrite Surety Insurance. The Authority, upon examining the recommendations of the Working Group report, stakeholders’ comments and considering the specific nature of Surety insurance as a product, has proposed separate guidelines to regulate the Surety Insurance business. Accordingly, the draft guidelines are prepared and placed in the annexure.
Insurance Regulatory and Development Authority of India Survey No.115/1, Financial District, Nanakramguda, HYDERABAD 500 032. IRDAI/NL/GDL/MISC/244/09/2021 8th September, 2021 To The Chairman-Cum- Managing Directors/Chief Executive officers of General Insurance Companies (except ECGC Ltd and AIC Ltd) Madam/Sir, IRDAI (Trade Credit Insurance) Guidelines, 2021 The revised guidelines on Trade Credit insurance are hereby issued considering the […]
Insurance Regulatory and Development Authority of India Circular Ref. No: IRDAI/NL/CIR/MISC/242/09/2021 Date:08-09-2021 ALL GENERAL INSURERS (Other than Stand Alone Health Insurers and Specialised Insurers) Re: Product Structure for Cyber Insurance There are rising incidences of cyber attacks along with a growing number of high profile data breaches. The online exposures for individuals, business organizations, offices and other […]
INTERNATIONAL FINANCIAL SERVICES CENTRES AUTHORITY CIRCULAR IFSCA-PLNP/1/2021-Capital Markets/001 September 08, 2021 To, The entities required to pay fee to IFSCA Subject: Account Details for fee to be remitted to IFSCA The fee as specified in the relevant circular(s) of IFSCA need to be remitted to the following account of IFSCA in USD: Account Name: International […]
Hyosung Corporation Vs Union of India & Ors. (Delhi High Court) Learned counsel for the Department states that the petitioner has filed a rectification application in which a prayer for up-to-date interest has also been made. He assures and undertakes to this Court that the petitioner’s rectification application shall be decided within two weeks and […]
The Board is extremely concerned about effective and timely handling of court cases on disciplinary matters in the field formations to protect the interest of the Government, The Board is also desirous of ensuring timely and effective measures by Cadre Controlling Authorities or the Commissionerates/Directorates concerned in defending the cases in the right perspective, upholding the guidelines and policies of the Government.
Why the requirement to disclose the assets owned by you in the ITR In order to detect the cases of disproportionate increase in the assets as compared to known source of income, the government has mandated individual tax payers to disclose certain assets in their ITR. Let us discuss. To whom this requirement applies? The […]
