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Archive: 22 February 2024

Posts in 22 February 2024

Bullion Trading Members and Clearing Members in GIFT- IFSC

February 22, 2024 321 Views 0 comment Print

Stay informed about IFSCA latest circular extending guidelines for Bullion Intermediaries in GIFT-IFSC. New deadline, regulatory updates, and impact discussed.

RBI Extends Interest Equalization Scheme for Export Credit

February 22, 2024 759 Views 0 comment Print

Read about RBIs circular extending the Interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit up to June 30, 2024. Learn about modified rates and conditions.

RBI Inclusion of Clearing Corporation as Financial Info Provider

February 22, 2024 252 Views 0 comment Print

Discover the latest RBI update (RBI/2023-24/125) on including Clearing Corporation as a Financial Info Provider under Account Aggregator Framework. Insights on RBI Retail Direct Scheme and its impact on retail investors

IBBI Circular: Transparency Boost in Liquidation Process

February 22, 2024 294 Views 0 comment Print

Insolvency and Bankruptcy Board of India enhances transparency in liquidation. Learn about progress reports, stakeholder engagement, and regulatory directives in the latest circular.

IBBI Circular: Unclaimed Dividends Withdrawal Guidelines

February 22, 2024 228 Views 0 comment Print

Stay updated with IBBI Circular No. IBBI/LIQ/69/2024. Learn about withdrawal guidelines for unclaimed dividends. Compliance with Liquidation Regulations ensured.

NFRA Imposes Monetary Penalty & Two-Year Debarment from Auditing for CA

February 22, 2024 981 Views 0 comment Print

The NFRA issues an order against CA Ratan Laxminarayan Rathi for professional misconduct in the audit of Bilcare Limited. Discover the lapses, penalties, and sanctions imposed.

Payments to MSME vendors and Section 43B(h) disallowance

February 22, 2024 3864 Views 0 comment Print

Learn about the financial implications of late payments to MSME vendors under the MSMED Act and Finance Bill, 2023, and how it affects tax deductions.

IBC: Liquidation Process Amendments 2024 by IBBI

February 22, 2024 1242 Views 0 comment Print

Explore the recent amendments to the IBBI (Liquidation Process) Regulations, 2016, enhancing stakeholder oversight and streamlining the liquidation process.

Understanding Recent Amendment to Section 43B(h) of Income Tax Act in India

February 22, 2024 1158 Views 0 comment Print

Explore the amendment to Section 43B(h) of the Income Tax Act, 1961, which now includes deductions for contributions to state welfare funds for employees.

Section 182 of Companies Act: A Blow to Transparency and Democracy?

February 22, 2024 1602 Views 0 comment Print

Explore the Supreme Court’s critique of Section 182 of the Companies Act, 2013, emphasizing transparency and democracy in political funding.

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