NCLT Ahmedabad held that resolution plan submitted by Resolution Professional (RP) of the corporate debtor- Safeco Hygiene Films Pvt. Ltd. duly complies with regulations of CIRP Regulations, 2016 as well as IB Code and, the resolution plan is found to be both feasible and viable as held by CoC. Accordingly, the same is approved.
Stay informed about the latest clarifications in GST, including updates on tax rates, GST evasion cases, mandatory e-invoicing, and new IRPs. Learn about changes affecting businesses and taxpayers.
ITAT Mumbai held that cancellation of registration of trust retrospectively from AY 2016-17 under section 12AB(4) of the Income Tax Act is invalid.
Understanding the Supreme Court’s direction for the repayment of the Sahara Group’s investors from the Sahara-SEBI fund, the procedure, and its implications
A deep look into the PLI Schemes across 14 key sectors, launched by the Indian Government to enhance manufacturing capabilities and boost exports.
Understand the key amendments in Jan Vishwas Bill 2023 which decriminalizes 183 provisions across 42 Central Acts, fostering Ease of Living and Business
Discover the major changes in ITR forms for FY 2023-24 (AY 2024-2025). Highlights include new sections for retirement benefit accounts, disclosure of arrears, updates on Trading Account sections, and provisions for reporting Virtual Digital Asset (VDA) profits. Stay prepared for filing your ITR with insights into changes specific to ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, and ITR-7.
Explore the concept of Social Stock Exchange (SSE) in India, its structure, benefits for social ventures, and regulatory guidelines by SEBI.
Section 233 of the Companies Act, 2013 read with Rule 25 of The Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 provides a process of a simplified merger popularly known as Fast track merger.
In this article, we will delve into the duty and responsibility of both employees and employers when it comes to tax savings and providing legitimate proof for tax deductions.
