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Archive: January, 2024

Posts in January, 2024

5 Tax saving investments with wealth creation for salaried person

January 15, 2024 5331 Views 0 comment Print

Explore the best tax-saving investment options in India, including PPF, NPS, ULIPs, ELSS, and Tax Saving Fixed Deposits. Learn how these options offer financial security and deductions under Section 80C.

Karnataka Notifies Compulsory Gratuity Insurance Rules 2024

January 15, 2024 4788 Views 0 comment Print

On 10th January 2024, the Karnataka government issued the Karnataka Compulsory Gratuity Insurance Rules, 2024 This article explores the key provisions of these rules, including compulsory insurance, registration requirements, payments, and conditions for approved gratuity funds. The following are the main points of the notified rules: Compulsory insurance The insurance policy can be obtained from any insurance company incorporated […]

Non-appearance for personal hearing on date fixed by GST Officer is not violation of natural justice

January 15, 2024 2355 Views 0 comment Print

In TSN Old Iron Scrap Merchants vs. Deputy Commissioner case, Andhra Pradesh High Court rules non-appearance at GST hearing doesn’t violate natural justice.

जिन डीलर्स से अभी तक छूट गई है उनके लिए एक GST एमनेस्टी लाई जानी चाहिए

January 15, 2024 1251 Views 1 comment Print

जानें जीएसटी ई-इनवॉइसिंग के नए नियम और संरचना को। उन डीलर्स के लिए जो नियमों को अनदेखा कर रहे थे, अब अम्नेस्टी प्रावधान का उपयोग करें।

How to plan your Expenses?

January 15, 2024 1473 Views 0 comment Print

Explore the significance of planning expenses for financial stability. Learn the 50-30-20 Rule and essential tips for tracking and managing your spending effectively.

Penalty on re-seller unsustainable as classification done by importer adopted by re-seller

January 15, 2024 993 Views 0 comment Print

Kerala High Court held that as importer-seller classified the HSN 8443 3100, the purchaser/re-seller cannot be said to have wilfully classified the machines under a wrong head with the intention to evade payment of correct/higher rate of tax. Hence, penalty unsustainable.

MVAT Refund to Diplomatic Authorities (Taipei Economic & Cultural Centre (TECC))

January 15, 2024 528 Views 0 comment Print

Stay updated on the recent Maharashtra VAT Act 2002 amendment regarding the inclusion of Taipei Economic and Cultural Centre (TECC) in Mumbai. Details here.

RBI’s Revised Credit/Investment Concentration Norms for NBFCs

January 15, 2024 3171 Views 0 comment Print

Explore the latest RBI circular on Credit/Investment Concentration Norms impacting Non-Banking Financial Companies. Learn about computation methods, exemptions, and disclosure requirements.

RBI Guidelines: Statutory Auditor Appointment for Co-op Banks

January 15, 2024 30342 Views 0 comment Print

Explore RBI guidelines effective from April 1, 2024, on Statutory Auditor appointment for State and Central Co-operative Banks. Key insights for compliance and selection process.

Draft Framework for recognising Self-Regulatory Organisations for FinTech Sector

January 15, 2024 801 Views 0 comment Print

Explore the Reserve Bank of India’s proposed framework for FinTech Self-Regulatory Organisations (SROs). Dive into characteristics, eligibility, functions, and governance. Share your feedback by February 2024.

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