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Archive: 02 May 2024

Posts in 02 May 2024

360 Degrees analysis of blockage of Input Tax Credit on Motor Vehicles

May 2, 2024 2775 Views 1 comment Print

In this article we will analyse Input tax credit on motor vehicles post 01-02-2019 GST amendment. Motor Vehicles are used for transportation of goods or passengers/ employees in the business. Under GST, Input tax credit is not restricted for motor vehicles made and used for transportation of goods. However, input tax credit was restricted on […]

Violation of section 90(1),90(2) & 90(4A) of Companies Act, 2013: MCA Imposes ₹12 Lakh Penalty

May 2, 2024 894 Views 0 comment Print

Learn about penalties imposed by the Ministry of Corporate Affairs on Green Planet Energy for violations of Companies Act, 2013. Detailed analysis included.

IFSCA Circular: Facilitating NRI & OCI Investments in Indian Securities

May 2, 2024 927 Views 0 comment Print

Explore IFSCA’s circular facilitating increased investments by NRIs and OCIs in Indian securities through IFSC based FPIs. Get insights into the alternative routes and compliance requirements.

NPCI Partners with Bank of Namibia for Deploying India’s UPI in Namibia

May 2, 2024 738 Views 0 comment Print

NPCI International collaborates with Bank of Namibia to deploy India’s UPI in Namibia, boosting financial inclusion and modernizing payment systems.

IFSCA Circular: Non-Bank Entities Authorized for Derivative Issuance

May 2, 2024 411 Views 0 comment Print

Explore IFSCA’s latest circular permitting registered non-bank entities to issue derivative instruments with Indian securities as underlying assets in GIFT-IFSC. Understand issuer responsibilities and compliance requirements.

Export Clearance for Silk Waste: Guidelines and Requirements

May 2, 2024 564 Views 0 comment Print

Learn about the new export clearance procedures for silk waste from Chennai, including inspection and certification by authorized officers.

Customs Exchange Rates effective from 3rd May, 2024

May 2, 2024 6717 Views 0 comment Print

Get updated on Customs Act 1962 with Notification 34/2024 issued by the Ministry of Finance, determining new foreign currency exchange rates effective from May 3, 2024.

ICAI President’s Message – May 2024

May 2, 2024 588 Views 0 comment Print

Explore the transformative impact of AI in accounting, its global and Indian implications, challenges, regulations, and ICAI initiatives. Join the journey to shape the future of the profession.

SEBI Circular: Simplifying Digital Onboarding for Portfolio Managers

May 2, 2024 528 Views 0 comment Print

Learn how SEBI’s latest circular facilitates seamless digital onboarding for portfolio managers, enhancing transparency & compliance.

SEBI Circular: Collective Oversight of PMS Distributors via APMI

May 2, 2024 735 Views 0 comment Print

Learn about SEBI’s circular facilitating collective oversight of Portfolio Management Services distributors through APMI. Effective from January 01, 2025.

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