IFSCA seeks public comments on the revised framework for Global/Regional Corporate Treasury Centres in IFSC. Share views by October 02, 2024.
Public Notice No. 05/2024 on gold, silver, platinum wastage norms kept in abeyance until October 31, 2024, as per DGFT’s latest notice due to industry feedback.
SEBI updates Business Continuity Plan and Disaster Recovery guidelines for Stock Exchanges, Clearing Corporations, and Depositories, effective immediately.
Defective ITR not rectified within time is treated as invalid. Filing a new belated return or seeking condonation can avoid penalties under Section 234F.
Disney-Reliance merger could reshape India’s media industry with vast global reach and concerns over competition, content diversity, and cricket broadcasting.
Section 50C: For property sales, if the sale price is lower than the value assessed by Stamp Valuation Authority, that value is considered full consideration for tax.
Summary of cross appeals involving VAT disallowances under Section 43B for AY 2018-19, addressing accounting methods, CIT(A) decision, and case law reliance.
Bombay HC grants interim relief in JD Printers re-assessment case, opting for a different approach than in Hexaware. Notice and proceedings stayed.
MCA notifies NaBFID as a public financial institution under the Companies Act 2013, enhancing its role in infrastructure financing and development.
Ministry of Finance issues Foreign Exchange (Compounding Proceedings) Rules, 2024, superseding 2000 rules, streamlining processes for ease of investment and business.
