"11 October 2023" Archive

ICSI’s Notice on Reporting Entity Registration under PMLA, 2002

ICSI issues a notice regarding the registration of Reporting Entities under the Prevention of Money-Laundering Act, 2002....

Posted Under: CA, CS, CMA |

Supreme Court Collegium Recommends Delhi High Court Judges

Introduction: In a significant development, the Supreme Court Collegium has recently made recommendations for the appointment of new Judges to the High Court of Delhi. Ms. Shalinder Kaur and Shri Ravinder Dudeja, both distinguished judicial officers, have been proposed for elevation to this esteemed position. This decision comes after th...

Posted Under: CA, CS, CMA |

New Shipping Bill Check: Impact on CIF and FOB Values

Learn about latest advisory for trade regarding a new check introduced for Shipping Bills related to 'Nature of Contract' and its impact on CIF and FOB values....

Posted Under: CA, CS, CMA |

Direct Tax Collections for F.Y. 2023-24 Show Significant Growth

Direct Tax Collections for F.Y. 2023-24 have surged, with gross collections up by 17.95%. Analysis of Ministry of Finance's latest data....

Posted Under: CA, CS, CMA |

Breather For Vedanta’s Cairn In Alleged Buyback Fraud : SAT Reverses SEBI’s Order

Vedanta Limited Vs Securities and Exchange Board of India (Securities Appellate Tribunal)

Vedanta Limited secures a victory as the Securities Appellate Tribunal overturns SEBI's fine. Details of the Cairn India buyback case....

Juvenile Justice Act: Over 40,000 Pending Cases Nullifying Spirit of Act- Bombay HC

The Bombay High Court, an institution steeped in history and esteemed for its unimpeachable jurisprudence, has recently sounded an alarm over the staggering backlog of over 40,000 pending cases under the Juvenile Justice (Care and Protection of Children) Act. In a landmark judgment dated September 27, 2023, the court unequivocally stated ...

Posted Under: CA, CS, CMA |

Evolution of Internet Banking: Benefits, Challenges and Impact

Explore evolution of internet banking, its benefits, challenges, and impact on the banking industry. From historical developments to modern trends, discover world of e-banking...

Posted Under: CA, CS, CMA |

Tax-Efficient Investor: A Deep Dive into Profit and Loss Harvesting

Venturing into the world of stock market investment presents both lucrative opportunities and complex challenges. Among the strategies available to savvy investors, tax harvesting stands out as a powerful tool for optimizing returns and managing tax liabilities. In this article, we will explore the concept of tax harvesting with the help ...

Posted Under: CA, CS, CMA |

IFSCA-Approved Jewelers Can Import Silver via IIBX: DGFT

Notification No. 35/2023-DGFT [S.O. 4423(E)] 11/10/2023

DGFT amends silver import policies. IFSCA-Approved jewelers can import silver under specific ITC(HS) codes via India International Bullion Exchange IFSC Ltd. (IIBX)...

SC Clarifies Commencement of Section 153C Block Reassessment Period

CIT Vs Jasjit Singh (Supreme Court of India)

Supreme Court clarifies the commencement of block reassessment under Section 153C of the Income Tax Act, safeguarding third parties' interests...

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