Directorate of Enforcement (ED) has taken a significant step in the Shakti Bhog Foods money laundering case by provisionally attaching 59 immovable and movable properties worth Rs. 28.67 Crore. The attachment has been made under the Prevention of Money Laundering Act (PMLA) and involves individuals such as Sunil Dhupar, former CA and statutory auditor of […]
Participate in the consultation on the proposed IFSCA (Payment Services) Regulations, 20XX. The International Financial Services Centres Authority (IFSCA) seeks comments and suggestions from the public on the regulations.
GST portal updates, geocoding of principal place of business, user ID generation, registration cancellation, AATO enablement, annual return, Form GST APL-01, amnesty scheme
Compounding of offence is a mechanism by which an offence done is settled in lieu of compounding fees to the respective authority. It is mechanism through which the offender agrees to pay certain amount of fees so that no prosecution will be done against him on such settlement.
The banking sector in India is one of the oldest and most important sectors of the economy. It has played a significant role in the economic development of the country since the pre-independence era.
CBIC has released the National Time Release Study (NTRS) 2023 report, showcasing improved cargo release times at Indian ports.
The Amendment under SEBI (LODR) Regulations, 2015 has been made vide Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023. The Amendment shall be enforceable from the 13th of July, 2023. 1. Regulation 15(1A) The second proviso of Regulation 15(1A) provides for the applicability of Regulations ranging from Regulation […]
Proxy advisory services have emerged as a crucial tool in the world of corporate governance, allowing shareholders to wield their influence and make informed decisions. These services provide recommendations on matters put forth during shareholder meetings, empowering investors to exercise their voting rights effectively
Discover effective ways to save income tax on your salary beyond 80C, 80D & HRA. Explore tax regime options, flexi benefit plans, NPS benefits, and tax-saving for EMIs.
ITAT Amritsar held that non-filing of tax audit report due to technical glitch is the reasonable cause shown. Accordingly, penalty under section 271B of the Income Tax Act not leviable for such non-filing of tax audit report.
