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Archive: January, 2024

Posts in January, 2024

RBI Draft Circular: Harmonising Regulations for HFCs and NBFCs

January 15, 2024 1728 Views 0 comment Print

Explore the draft circular by RBI on harmonising regulations for Housing Finance Companies (HFCs) with Non-Banking Finance Companies (NBFCs). Share your feedback by Feb 29, 2024

RBI Seeks Input on Draft Circular: Credit/Investment Norms for Govt NBFCs

January 15, 2024 882 Views 0 comment Print

Explore RBI Draft Circular on Credit/Investment Concentration Norms for Government-owned NBFCs. Provide feedback by Feb 29, 2024. Details and analysis inside.

Annual Return & Financial Statements not filed – MCA levied Penalty

January 15, 2024 1404 Views 0 comment Print

Explore the penalty imposed by the Ministry of Corporate Affairs on IREO GRACE REALTECH for violating Companies Act, 2013 by not filing Annual Returns and Financial Statements.

Violation of Section 92(5) of Companies Act, 2013 – MCA levied Penalty

January 15, 2024 1071 Views 0 comment Print

Explore the adjudication of penalty against HI ENERGY REALTORS PRIVATE LIMITED for violating section 92(4) of the Companies Act, 2013. Detailed analysis, consequences, and appeal process.

Decoding ESG in Corporate Governance: Framework, Compliance & Impact

January 15, 2024 1446 Views 0 comment Print

Explore the evolving landscape of Environmental, Social, and Governance (ESG) in corporate governance. Uncover the legal framework, mandatory compliance, regulator’s approach, and the transformative impact on businesses.

Decoding LLP (Significant Beneficial Owners) Rules 2023: GSR 832(E) Analysis

January 15, 2024 3276 Views 0 comment Print

Dive into rule-by-rule analysis of GSR 832(E), Limited Liability Partnership (Significant Beneficial Owners) Rules 2023, examining definitions, duties, significant beneficial ownership, and more.

SAED on production of Petroleum Crude reduced to Rs. 1700 per tonne wef 16.01.2024

January 15, 2024 690 Views 0 comment Print

Stay updated on the latest CBIC amendment (Notification No. 03/2024) reducing Special Additional Excise Duty on Petroleum Crude to Rs. 1700 per tonne from Rs. 2300 per tonne.

BEPS Principles and MLI Framework in India’s PE Status under DTAA

January 15, 2024 2841 Views 0 comment Print

Explore the impact of BEPS principles and MLI framework on India’s Double Taxation Avoidance Agreements (DTAA). Detailed analysis of the India-Singapore DTAA, changes in PE clauses, and post-BEPS amendments.

Anti-Dumping Duty on Meta Phenylene Diamine import from China extended

January 15, 2024 1821 Views 0 comment Print

Explore customs notification (01/2024-Customs) as India prolongs anti-dumping duty on Meta Phenylene Diamine imports from China for 5 years based on DGTR findings

Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold & Silver wef 16.01.2024

January 15, 2024 1275 Views 0 comment Print

Discover the latest changes in Tariff Values for Edible Oils, Brass Scrap, Areca Nut, Gold, and Silver with Ministry of Finance Notification No. 02/2024-CUSTOMS (N.T.) dated 15th January 2024.

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