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Archive: August, 2024

Posts in August, 2024

GST on work under Jal Jeevan Mission by Maharashtra Jeevan Pradhikaran

August 6, 2024 1089 Views 0 comment Print

GST AAR Maharashtra clarifies tax rates for work under Jal Jeevan Mission by Maharashtra Jeevan Pradhikaran, addressing pre and post-2022 scenarios.

Bombay HC Waives Sales Tax Demand Below 2 Lakhs

August 6, 2024 1050 Views 0 comment Print

Bombay HC waives sales tax arrears below 2 lakhs per the Maharashtra Settlement Act, 2023, clarifying future references exceeding this amount.

GST: Govt notifies section 11 to 13 of Finance Act (No. 8) 2024

August 6, 2024 10419 Views 0 comment Print

Govt. sets October 1, 2024, for Finance Act 2024, Section 13; April 1, 2025, for Sections 11 and 12, under Notification No. 16/2024-Central Tax.

Buy Back of Shares: Taxation, Reasons & Budget 2024 Changes

August 6, 2024 8127 Views 1 comment Print

Discover the complete guide on taxation for buyback of shares, including the latest changes in the 2024 Budget. Understand the provisions, reasons, and implications.

No proposal to reclassify Bengaluru as a metropolitan city for HRA purposes

August 6, 2024 975 Views 0 comment Print

Explore the current status of Bengaluru’s inclusion for HRA exemption under income tax laws and government policy on metropolitan city designations.

IBBI suspends IP for violations of CIRP Regulations & Code of Conduct

August 6, 2024 762 Views 0 comment Print

IBBI’s Order No. IBBI/DC/238/2024 details Srigopal Choudhary’s delays and non-compliance in CIRP processes, leading to disciplinary action.

Government Extends Modified Interest Subvention Scheme for FY 2024-25

August 6, 2024 2250 Views 0 comment Print

RBI announces the continuation of the Modified Interest Subvention Scheme for short-term agricultural loans through Kisan Credit Card for FY 2024-25.

IBBI Suspends IP for CIRP Violations, non-cooperation & Unauthorized Work

August 6, 2024 603 Views 0 comment Print

IBBI suspends Gopal Lal Baser for a year for violations in CIRP process, including non-cooperation and unauthorized maintenance work. Read the full order here.

Delayed Filing of Form MGT-14 for Share Issue & Allotment Resolution: MCA imposes Penalty

August 6, 2024 1461 Views 0 comment Print

Penalty of ₹2.5 lakh imposed on Eravanchery Nidhi Limited for non-compliance with Sections 117(3)(g) and 179(3)(c) of the Companies Act, 2013.

Tax Exemptions for BCCI & IPL: Government’s Revenue Impact

August 6, 2024 3048 Views 0 comment Print

Explore the financial impact of tax exemptions for BCCI and IPL, government actions, and proposed reforms from the latest Rajya Sabha update on August 6, 2024.

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