Explore the devolution of GST collection to Bihar, Maharashtra, Jharkhand, West Bengal, and Jammu & Kashmir. Understand the current status, pending amounts, and the possibility of increased shares
Explore the MCA decision to reduce penalties for non-reporting related to the Internal Committee under POSH guidelines. Learn about the case, arguments, and the reduced penalties
Discover how MCA reduced penalties from Rs. 39.09 Lakh to Rs. 5.30 Lakh for CSR fund transfer default by Convergint India Private Limited. Learn about the impact and reasons behind the decision.
Explore the recent CBIC instruction (No. 05/2023-GST) addressing the secondment of employees by overseas entities to Indian firms, clarifying implications under Section 74(1) of the Central Goods and Services Tax Act. Understand the nuances highlighted by the instruction, emphasizing a nuanced examination based on specific arrangements.
Introduction: The Ministry of Finance has intensified its efforts to combat tax evasion, particularly by lottery distributors. In a recent revelation, 12 cases of GST evasion amounting to Rs. 344.57 crore have been detected, with a successful recovery of Rs. 621.56 crore between July 2017 and November 2023. The Union Minister of State for Finance, […]
EXPOSURE DRAFT IRDAI (Registration and Operations of Foreign Reinsurers Branches & Lloyd’s India) Regulations, 2024 1. To meet the objective of the Authority to promote ease of doing business, the Regulation Review Committee (RRC) was formed with an intent of streamlining various regulations issued by the Authority. 2. The RRC has recommended unification of regulations, […]
Stay informed on the latest CCI (General) Regulation amendments for Interlocutory Applications. Learn about numbering, fees, and stakeholder feedback. Act now
Explore the proposed Risk Management Framework for Central Recordkeeping Agencies (CRAs) under NPS architecture. Provide feedback by 1st Jan 2024
Allahabad High Court mandates refund under CGST Rule 97A, rejecting Circular’s impact. Details of Savista Global Solutions Pvt Ltd vs Union of India case and judgment.
Delhi High Court imposed heavy cost for obtaining admission under Economically Weaker Sections (EWS) category by illicit means. Further, directed to convert the admission under the General Category in place of EWS category.
