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Archive: 02 February 2024

Posts in 02 February 2024

IFSCA (Payment Services) Regulations, 2024 notified

February 2, 2024 876 Views 0 comment Print

Explore the IFSCA (Payment Services) Regulations, 2024, empowering international financial centers with diverse payment services. Learn the impact on fintech expansion and cross-border transactions.

Interim Union Budget 2024-25: A Vision for India’s Development

February 2, 2024 2985 Views 0 comment Print

Explore the key highlights of the Interim Union Budget 2024-25, focusing on economic growth, social initiatives, and fiscal policies for a developed India by 2047.

Facing A Medical Emergency? Here Are Simple Ways To Get Funds Urgently

February 2, 2024 927 Views 0 comment Print

Medical emergencies can be financially challenging, and in such situations, obtaining quick funds becomes important. Many financial institutions, including Non-Banking Financial Companies (NBFCs), offer Medical Loans as a specialised form of Personal Loan to assist individuals in coping with unexpected medical expenses.

DRAFT IRDAI (Corporate Governance) Regulations, 2024

February 2, 2024 1068 Views 0 comment Print

Explore the Exposure Draft by IRDAI on Corporate Governance Regulations 2024. Share your insights before 23rd Feb to shape insurance industry governance. Learn more.

Gogia Leasing vs JBO Globeworld: NCLT Delhi Approves Resolution Plan

February 2, 2024 633 Views 0 comment Print

Read the detailed NCLT judgment/order on Gogia Leasing vs JBO Globeworld case. Approval of resolution plan by Hemant Jindal, key features, compliance, and implications.

High Court Quashes Assessment Order on Amalgamation Grounds

February 2, 2024 1473 Views 0 comment Print

The Madras High Court quashes the assessment order dated 31.12.2022, citing irregularities in the assessment process post-amalgamation of Pallava Textiles and Cheran Synthetics. Details of the legal proceedings and implications.

The Major Changes of Budget 2024: A Comprehensive Overview

February 2, 2024 3801 Views 2 comments Print

Explore the key highlights of Union Budget 2024, including tax slab updates, income tax reliefs, and amendments to GST sections. Stay informed about the financial landscape with IGTM Tax Advisory.

Settlement Agreement for Non-Resident Indians (NRI)

February 2, 2024 1425 Views 0 comment Print

Discover the significance of settlement agreements for NRIs facing disputes in India. Learn the process, key considerations, and ensure a swift resolution with expert advice.

Transfer Pricing-Traditional Transaction Methods: Cost Plus Method 

February 2, 2024 4626 Views 0 comment Print

Explore the Cost Plus Method for transfer pricing. Learn its application, methodology, and key considerations. Navigate complexities with practical examples.

Bogus Purchase: No Penalty for Estimate-Based Additions

February 2, 2024 6132 Views 1 comment Print

ITAT concluded that the penalty levied under section 271(1)(c) of the Act was unsustainable due to the defect in the statutory notice and the fact that the penalty was imposed on additions made through estimation.

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