MCA updates combination criteria under Competition Act. New rules outline qualifying entities and affiliates for merger notifications. Effective from September 10, 2024.
Competition (Criteria for Exemption of Combinations) Rules, 2024 outlines exemptions under the Competition Act for specific categories of combinations.
NFRA imposes Rs 1 lakh penalty on CA Lavitha Shetty for failing to submit complete information on audit revenue from related parties during MACEL audit proceedings.
IRDAI updates capital subscription rules for insurers under 2024 regulations. New entities eligible to subscribe are specified in the circular dated 6th September 2024.
Explore the key recommendations made by the GST Council during its 54th meeting, including changes in GST rates, GoM formations, and exemptions on services.
Kerala High Court directs consideration of ITC rectification application due to GST filing mismatch, mandating a hearing within 3 months.
Telangana High Court rules that unsigned GST orders are void. Explore the case of High Noon Consulting vs. Deputy Commissioner of State Tax.
Allahabad High Court ruled on improper initiation of proceedings under Section 130 of the GST Act in PP Polyplast Pvt Ltd case, emphasizing Sections 73/74.
Calcutta HC condones delay in filing GST appeal by Srichakra Prints Pvt. Ltd., directing the appellate authority to hear the case on merits.
Madras HC sets aside GST appellate order rejecting refund appeal by Kasturi & Sons Pvt. Ltd. due to procedural delay in hard copy submission.