On a review, it has been decided that the minimum investment grade credit rating for deposits of NBFCs shall be ‘BBB–’ from any of the SEBI-registered Credit Rating Agencies.
ED has seized Rs.5551.27 Crore of M/s Xiaomi Technology India Private Limited lying in the bank accounts under the provisions of Foreign Exchange Management Act, 1999 in connection with the illegal outward remittances made by the company Directorate of Enforcement (ED) has seized Rs.5551.27 Crore of M/s Xiaomi Technology India Private Limited under the provisions […]
ED has provisionally attached assets amounting to Rs. 7.27 Crore including Fixed deposits worth Rs. 7.12 Crore of Jacqueline Fernandez under PMLA, 2002 in the case of Sukesh Chandrasekh Enforcement Directorate (ED) has provisionally attached assets amounting to Rs. 7.27 Crore including Fixed deposits worth Rs. 7.12 Crore of Jacqueline Fernandez under Prevention of Money […]
This is regarding recent news reports by prominent sections of the media that appeared today that the Narcotics Control Bureau (NCB) has busted a deep rooted racket of supply of heroin and other contraband drugs which are likely to be facilitated by e-commerce company Flipkart.
Everything you need to know about Auditor Appointment under the Companies Act, 2013. Learn about the procedure, requirements, and more in this comprehensive FAQ article.
Learn about the income tax return filing process for the assessment year 2022-23. Understand the slab rates and due dates, as well as the relevant ITR forms.
Understand the process of filing Tran-1 for GST and carrying forward input tax credit from the earlier regime to the GST regime.
Securities and Exchange Board of India Circular No. SEBI/HO/MRD1/MRD1_DTCS/P/CIR/2022/58 | Dated: May 02, 2022 To, All Stock Exchanges, All Clearing Corporations, All Depositories Dear Sir / Madam, System and Network Audit of Market Infrastructure Institutions (MIIs) 1. Taking into account the rapid technological developments in the securities market and the entailing risks that these developments pose to […]
While analyzing Section 28A(4) of the Customs Act, the Apex Court in the case of M/s. Canon India Pvt. Ltd., has held that the provision must be construed as conferring the power of such review on the same officer or his successor who has been assigned the function of assessment. An officer who did the assessment could only undertake reassessment and after extensive analysis, the Court held that the entire proceeding initiated by the Additional Director, General of DRI by issuing show cause notices in all the matters are invalid, without any authority of law and liable to be set aside and accordingly, ensuing demands also have been set aside.
Understanding the Changes in Nidhi Rules, 2014 with the Introduction of Nidhi (Amendment) Rules, 2022. Learn about the provisions and criteria before and after the amendment.
