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Archive: 12 January 2024

Posts in 12 January 2024

Centralized Information Management System (CIMS) Return for NBFCs

January 12, 2024 39756 Views 0 comment Print

Explore latest RBI circular mandating Non-Banking Financial Companies (NBFCs) to file returns on Centralized Information Management System (CIMS) platform. Learn registration process, filing steps, and crucial details for compliance.

MCA Imposes Penalty for Not Providing Board Meeting Minutes

January 12, 2024 1473 Views 0 comment Print

Understand MCA’s penalty imposition on EUEB India for failing to provide board meeting minutes approving financial statements. Analysis, implications, and next steps.

MCA reduces Additional DIN Surrender Delay Fine from Rs. 5.03 Lakh to 50,000

January 12, 2024 1215 Views 0 comment Print

Explore the MCA’s recent decision to reduce penalty for delaying surrender of a second DIN, impacting SPS Motors Private Limited. Analysis, implications, and key details revealed.

Competition Commission of India (General) Amendment Regulations, 2024

January 12, 2024 588 Views 0 comment Print

Explore the key changes in the Competition Commission of India (CCI) regulations with the latest amendment of 2024. Learn about interlocutory applications, fees, and procedural updates.

Punjab State Power Corp’s Revised Form-H Approved Amid Original Form Discrepancy & RP’s Medical Emergency

January 12, 2024 498 Views 0 comment Print

Post approval of the resolution plan, any pending avoidance applications should be continued by the Assenting Financial Creditors or the erstwhile Resolution Professional as provided under Clause of the plan. The moratorium under Section 14 of the Code should cease to have effect from this date. Applicant should forthwith send a copy of this order to the CoC and the Resolution Applicant.

Major UPI Apps Enabled to Receive Remittances from Singapore via UPI-Pay Now Linkage

January 12, 2024 525 Views 0 comment Print

Discover how Indians can receive swift and secure funds from Singapore through UPI-Pay Now linkage. Learn about the collaboration fostering financial inclusion.

GST Council Newsletter for the month of December 2023

January 12, 2024 1536 Views 0 comment Print

Explore the latest GST Council newsletter for December 2023, covering growth in collections, fraud detection, rate changes, and key initiatives for a prosperous New Year.

Delay in CS Appointment: MCA Reduces penalty from Rs. 25 Lakh to 12.5 Lakh

January 12, 2024 3258 Views 0 comment Print

Discover how MCAs delay in CS appointment led to reduced penalty for Suvarnabhoomi Enterprises from Rs. 25 Lakh to 12.5 Lakh. Detailed analysis and implications.

New Tax Regime Dilemma: Insights from Assessments and Trends

January 12, 2024 7455 Views 0 comment Print

Explore Indian taxpayers’ dilemma with new tax regime, insights from assessments, and emerging trends. Understand choices, implications, and government considerations.

Dynamics of Foreign Direct Investment (FDI): A Comprehensive Guide

January 12, 2024 1479 Views 0 comment Print

Explore intricacies of Foreign Direct Investment (FDI) – its definition, methods, benefits, types, and a focused look at FDI in India. Get insights on regulations, FAQs, and more.

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