An instant personal loan is a popular way that many use to bridge financial gaps, be it during weddings, medical emergencies or more. Lenders offer affordable interest rates and flexible repayment plans to ensure one can repay the loan comfortably and conveniently.
NSE has now established a provision that requires the filing of the Abridged Prospectus in the XBRL (eXtensible Business Reporting Language) format.
An overview of latest tariff values for Edible Oils, Brass Scrap, Gold, Silver, and Areca Nut as amended by Notification No. 63/2023- Customs(N.T.) Dated: 31st August, 2023
The Ministry of Finance, Department of Revenue has released a new notification numbered 51/2023-Customs on 31st August 2023. This notification announces critical amendments to a previous notification, No. 11/2021-Customs, which dates back to 1st February 2021. The primary focus of the amendment is to exempt LPG, Liquified Propane, and Liquified Butane from the levy of […]
An analysis of the Supreme Court ruling which positions homebuyers as financial creditors under the Insolvency and Bankruptcy Code, its implications, and history.
Globolive 3D Private Limited Vs Union of India (Bombay High Court) Introduction: The Bombay High Court recently delved into a significant issue concerning the nature of Satellite derived 3D model services. The core matter revolved around whether such services should be categorized as Online Information Database Access or Retrieval (OIDAR) services or considered as an […]
Please read the following advisory carefully before proceeding ahead for reporting the ITC Reversal opening balance: 1. Taxpayers are permitted to use this facility to report their ITC Reversal Balance that has not been re-claimed. 2. The taxpayer is advised to report solely those reclaimable ITC reversal balances that meet the legal criteria for re-claim […]
On August 31st, 2023, the Ministry of Mines in India released a crucial directive under the Bureau of Indian Standards Act, 2016. Named as the Nickel (Quality Control) Order, 2023, this order aims to standardize the quality of nickel powder produced within the country. The order mandates the compulsory use of Standard Mark licensed by […]
In Rajeev Chhatwal vs Commissioner of Goods and Services Tax (East), case, Delhi High Court addressed contentious issue of whether officers have authority under Section 67(2) of CGST Act to seize cash.
Bengaluru’s Enforcement Wing reveals a major GST fraud involving 30 fake entities and a turnover of Rs. 525 Crs. Two masterminds arrested. More details inside.