Calcutta High Court held that provisional attachment of bank account under section 83 of the CGST Act based on tangible materials found against the petitioners during investigation is legal, valid and within jurisdiction.
Government of India imposes significant penalties on M/s BECKONS INDUSTRIES LIMITED for violating Companies Act, 2013 by not filing annual returns. Learn about the penalties and consequences.
Government of India announces enhanced Dearness Relief for CPF beneficiaries under 5th CPC series from 01.07.2023. Check eligibility and revised rates
Explore the Reserve Bank of India’s 2023 list of Domestic Systemically Important Banks (D-SIBs). SBI and HDFC move to higher buckets, affecting CET1 requirements from April 1, 2025.
Explore the RBI Draft Directions on Bond Forwards under Section 45W of the RBI Act, 1934. Learn about market participation, settlement methods, and compliance. Deadline for feedback: January 25, 2024.
Discover the latest updates from the Reserve Bank of India as it revises the framework for Domestic Systemically Important Banks (D-SIBs). Learn about changes in indicators, assessment timelines, and data requirements
Discover the Central Government’s initiative to enhance ethanol production in sugar mills. Learn about the scheme, application process, and key deadlines for financial assistance.
The Central Goods and Services Tax (Second Amendment) Act, 2023, signifies a crucial legislative development in the tax domain. Enacted by the Ministry of Law and Justice, Legislative Department, Government of India, this amendment received the presidential assent on December 28, 2023. The primary focus of this amendment is to refine and strengthen the existing […]
artered Accountants Association urges Finance Minister for SOP implementation to expedite Income Tax Appeals with Commissioner. Addressing delays for taxpayer resolution.
Financial Intelligence Unit India issues compliance notices to 9 offshore Virtual Digital Assets Service Providers. Ministry of Finance acts against illegal operations. Details here.
