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Archive: 29 August 2024

Posts in 29 August 2024

SEBI proposes Maintenance of Record of Mandatory Communication By Regulated Entities

August 29, 2024 717 Views 0 comment Print

SEBI seeks public comments on a proposal to mandate regulated entities to maintain records of mandatory communications for up to eight years.

SEBI Consultation Paper on Public Interest Directors’ Appointment

August 29, 2024 270 Views 0 comment Print

SEBI seeks feedback on proposals for improving the appointment process of Public Interest Directors (PIDs) on Market Infrastructure Institutions (MIIs) and easing their business operations.

RBI Introduces Scheme for Sovereign Green Bonds in IFSC

August 29, 2024 840 Views 0 comment Print

The RBI launches a new scheme for trading and settlement of Sovereign Green Bonds in India IFSC, allowing foreign investors to participate with specific guidelines.

RBI Extends Interest Equalization Scheme for MSME Exporters

August 29, 2024 408 Views 0 comment Print

RBI extends Interest Equalization Scheme on Rupee Export Credit for MSME exporters until August 31, 2024, with a cap of ₹1.66 Crore per IEC.

Advance Tax under Income Tax Act, 1961

August 29, 2024 61476 Views 0 comment Print

Understand key aspects of advance tax, including compliance, payment due dates, revisions, and liabilities. Learn who is exempt from paying advance tax.

FAQs on Statement of Financial Transactions & Reportable Accounts

August 29, 2024 110162 Views 15 comments Print

Understand the requirements, due dates, and penalties for filing the Statement of Financial Transactions (SFT) under Section 285BA of the Income-tax Act, 1961.

Non-Appointment of Key Personnel: MCA imposes Penalty of ₹75.18 Lakh

August 29, 2024 3645 Views 0 comment Print

Adjudication order under Section 203 of the Companies Act, 2013 for M/s Mahatamil Mining and Thermal Energy Ltd. Penalties imposed for key managerial personnel non-appointment.

Penalty Imposed for not mentioning DIN in Financial Statements

August 29, 2024 387 Views 0 comment Print

MCA penalizes Singham Infraserv Pvt Ltd for failing to comply with Section 158 of the Companies Act, 2013. Penalty imposed for missing DIN in financial statements.

Educational Loan Facility to ICSI Students by Canara Bank

August 29, 2024 1092 Views 0 comment Print

Canara Bank offers educational loans to ICSI students with no collateral up to Rs 7.5 Lakhs, lower interest rates, and easy processing. Apply online.

AAR Ruling on GST on 30 years Lease of Land for Commercial Office Complex  

August 29, 2024 2004 Views 0 comment Print

AAR Ruling on whether Upfront premium for a 30-year lease of industrial plots by SMPK qualifies for GST exemption under Notification No. 12/2017-CGST (Rate).

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