SEBI issues Circular introducing Corporate Debt Market Development Fund (CDMDF) framework to enhance secondary market liquidity during stress and instill confidence.
SEBI issues circular mandating Legal Entity Identifier (LEI) for all non-individual Foreign Portfolio Investors (FPIs). Details and deadlines provided.
DGGI Meerut Zonal Unit uncovers two major fake billing rackets involving 246 entities with Rs. 557 Cr ITC. Three arrests made. Details here.
The National Financial Reporting Authority (NFRA) has issued an order penalizing CA Sachin Kansai, the Engagement Partner (EP) for the audit of M/s Anshu’s Clothing Ltd (now known as Aditri Gems & Jewels Ltd) for the Financial Year (FY) 2015-16, under Section 132(4) of the Companies Act, 2013. The order addresses various non-compliances with accounting […]
All Gujarat Federation of Tax Consultants and Income Tax Bar Association request an extension of the income tax return deadline for AY 2023-24 due to heavy rain and flood in Gujarat.
Bombay HC sets aside tax refund rejection of Wallem Shipmanagement. Court cites COVID-19 disruptions and upholds principles of natural justice
Jio Financial Services and BlackRock form Jio BlackRock, a $300M joint venture, aiming to revolutionize India’s asset management industry digitally.
AIFTP, a leading professional body in India, appeals to the Finance Minister for a one-month extension on tax return due dates for AY 2023-24.
Delhi High Court held that notification dated 05.04.2021 cannot be said as void in law as time for which the interim orders were operable has to be excluded from the timeframe provided in Rule 18 of of the Customs Tariff (Identification, Assessment and Collection of AntiDumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 (AAD Rules).
PFRDA issues guidelines emphasizing individual choice in Annuity Service Provider selection and clarifying no additional charges for NPS subscribers.
