SEBI mandates Asset Management Companies to implement mechanisms to detect and prevent market abuse, including front-running and fraud, via Circular No. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/107, effective August 2024.
Chennai Customs introduces ERAM on ICEGATE for automated exchange rate publication, effective from 4th July 2024. Access rates online for 22 currencies.
FSSAI has withdrawn its 2022 order regulating the disposal of used cooking oil, impacting food safety standards and enforcement. Read more about the updated directives.
GM Elektra Pvt Ltd fined ₹1,88,500 by ROC Mumbai for delayed filing of BEN-2 under Section 90 of the Companies Act, 2013. Directors also face penalties.
SEBI’s draft circular proposes T+2 trading for bonus issues to streamline the process and reduce timelines. Comments invited by August 26, 2024.
MCA imposes penalty for failure to maintain proper records and attendance sheets for board meetings, as well as inadequately filling out MBP-4 forms related to contracts with related parties
ITAT Mumbai states holding period for capital gains should be computed from the allotment letter date, not the sale agreement registration date.
CMA Santosh Pant elected Chairman of Northern India Regional Council of ICMAI for 2024-25. Key members include CMA Satya Narayan Mittal as Vice Chairman.
Karnataka HC quashes Rs. 23 crore GST demand against Adama India due to non-compliance with natural justice and procedural lapses. Detailed case analysis here.
Learn how to apply the 5W1H method in internal audits to improve accuracy, identify issues, and streamline processes. Enhance your audit effectiveness today!
