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Archive: 31 August 2023

Posts in 31 August 2023

Course on Mastering GST Sections Effortlessly with Memory Techniques!

November 28, 2024 6252 Views 0 comment Print

Simplify GST learning with memory techniques. Join live sessions, master CGST sections, and retain knowledge effortlessly. Register now for practical GST mastery!

Additional Director appointment Beyond AGM date: MCA Imposes Penalty

August 31, 2023 567 Views 0 comment Print

Government of India, Ministry of Corporate Affairs penalizes Mayflower Infra Realty for violating Section 161 of Companies Act, 2013. Detailed analysis of the case and imposed penalty.

IFSCA Circular: Additional AML Measures for Regulated Entities in GIFT-IFSC

August 31, 2023 522 Views 0 comment Print

IFSCA specifies the following additional measures to be complied by all Regulated Entities: 1. In a cross-border wire transfer where the amount to be transferred is equal to USD 1000, every bank which is an ordering institution shall also comply with the requirements specified under clause 7.7.3(a) of the Guidelines.

Revised SION’s for the leather, leather products and footwear

August 31, 2023 699 Views 0 comment Print

Standard Input Output Norms (SIONs) for Leather, Leather Products and Footwear and General Note for Leather & Leather Products stand amended with effect from 15.09.2023. MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) Public Notice No. 30/2023-DGFT | Dated: 31st, August, 2023 Subject: Revised SION’s for the leather, leather products […]

Refund Claims: Correcting IGST/CGST/SGST Classification Mistakes

August 31, 2023 3417 Views 0 comment Print

Learn how to correct IGST/CGST/SGST classification mistakes under the GST law. Explore Section 77 of the CGST Act, understand the refund process, and discover the recent rule amendments. File your refund application before the two-year deadline for reclaiming taxes paid under the correct head. Don’t miss this opportunity to rectify classification errors and claim refunds.

What is Corporate Identification Number (CIN)?

August 31, 2023 9255 Views 0 comment Print

This blog includes information on the corporate identification number (CIN), covering information on the CIN for companies, what it is, how to check it, and other related information.

Fraud Detection & Prevention: Leveraging Blockchain in Anti-Financial Crime

August 31, 2023 1218 Views 0 comment Print

Explore how blockchain technology is reshaping anti-financial crime strategies. Learn about transparent KYC processes, trustworthy smart contracts, identity verification, real-time collaboration, and immutable audit trails for effective fraud detection and prevention. Discover the potential and challenges of leveraging blockchain in the ongoing fight against financial crime.

21 FAQ’s on Companies Auditor Report Order (CARO) 2020 in India

August 31, 2023 13488 Views 0 comment Print

Get answers to 21 FAQs on the Companies Auditor Report Order (CARO) 2020 in India. Understand reporting requirements, compliance, and key considerations for your company’s audit.

NCLT has jurisdiction to remit resolution plan for reconsidering amendments requested by successful resolution applicant

August 31, 2023 522 Views 0 comment Print

NCLAT Delhi held that there is NCLT (National Company Law Tribunal) has jurisdiction to remit the plan for reconsidering the amendment which the Successful Resolution Applicant himself was requesting to be carried out.

Fees of Resolution Professional rightly reduced for non-completion of CIRP in time bound manner

August 31, 2023 918 Views 0 comment Print

NCLAT Delhi held that adjudicating authority rightly reduced fees payable to Resolution Professional on failure in complying with his responsibilities of completing CIRP in a time bound manner.

EPF Act’s ‘Basic Wage’ Differs from Minimum Wages Act: SC

August 31, 2023 3333 Views 0 comment Print

Supreme Court of India addresses the differentiation between ‘basic wage’ as defined by EPF Act and ‘minimum wage’ under Minimum Wages Act.

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