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Archive: 22 May 2024

Posts in 22 May 2024

Circular No. 05/2024-Customs on Disposal of Unmanned Aircraft Systems

May 22, 2024 1671 Views 0 comment Print

The latest CBIC Circular No. 05/2024 outlines revised protocols for the disposal of Unmanned Aircraft Systems, updating nodal officer details and contact information.

LinkedIn India Penalized for Companies Act Section 89 & 90 Violations

May 22, 2024 17475 Views 0 comment Print

MCA imposes penalty on LinkedIn India for violation of Sections 89 & 90 of the Companies Act. Detailed analysis of the case and penalties imposed.

Revenue department cannot block Electronic Credit Ledger by making negative balance

May 22, 2024 6555 Views 0 comment Print

The Telangana High Court ruled that the Revenue Department cannot block an electronic credit ledger by making a negative balance, advising recovery under Sections 73 or 74 of the CGST Act instead.

MCA Penalty for PAS-3 Filing Delay and Premature Use of Subscription Money

May 22, 2024 6105 Views 0 comment Print

Learn about the penalty imposed by MCA on Curebay Technology for violating Sections 42(6) & 42(8) of the Companies Act. Detailed analysis and consequences included.

Statutory Registers to be maintained Under Companies Act, 2013

May 22, 2024 22125 Views 0 comment Print

Explore the statutory registers mandated by the Companies Act, 2013, with details on forms, sections, and maintenance requirements. Gain insights into the essential registers necessary for regulatory compliance.

Expert Committee Constitution to position GIFT IFSC as Global Commodity Trading Hub

May 22, 2024 1203 Views 0 comment Print

Discover how GIFT IFSC aims to become a global commodity trading hub through expert committee initiatives, enhancing India’s financial ecosystem and global trade integration.

SEBI Consultation Paper on Easing Business under MB, BTI & Buyback Regulations

May 22, 2024 900 Views 0 comment Print

SEBI invites public comments on Expert Committee recommendations to ease compliance under Merchant Bankers Regulations, Bankers to an Issue Regulations, and Buyback Regulations.

Key Features of Section 54 & 54F: LTCG Exemption via Residential Property Investment

May 22, 2024 17562 Views 6 comments Print

Understand the key differences between Section 54 and Section 54F for LTCG exemption through investment in residential property. Eligibility, time frame, investment amounts, and more are detailed.

Electoral Bonds in India: Unraveling the Veil of Secrecy

May 22, 2024 804 Views 0 comment Print

Explore the intricacies of India’s Electoral Bonds scheme, its inception, controversies, and legal challenges. Unveil the debates surrounding transparency, corporate anonymity, and the Supreme Court’s stance.

SEBI Consultation Paper: Expert Committee Recommendations for BRSR

May 22, 2024 1770 Views 0 comment Print

Explore SEBI’s consultation paper on Expert Committee recommendations for Business Responsibility and Sustainability Report (BRSR). Submit your comments now!

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