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Archive: 16 September 2024

Posts in 16 September 2024

Finance Minister to launch NPS Vatsalya Scheme on September 18, 2024

September 16, 2024 1443 Views 1 comment Print

Finance Minister Nirmala Sitharaman will launch the NPS Vatsalya scheme on September 18, 2024, to promote early financial planning for children.

Enabling T+2 trading of Bonus shares where T is the record date

September 16, 2024 1407 Views 0 comment Print

SEBI’s new circular mandates T+2 trading for bonus shares, streamlining the process from the record date. Effective from October 2024.

IFSCA Launches Single Window IT System for Ease of Business

September 16, 2024 1380 Views 0 comment Print

Prime Minister launches IFSCA’s Single Window IT System, streamlining approvals and integrating with key regulators to simplify business operations in IFSC.

ITAT Quashes Section 115BBE as Income was from Advertising Business Only

September 16, 2024 1929 Views 1 comment Print

The ITAT Jaipur ruled in ACIT vs Naresh Jain, addressing Section 115BBE, unexplained income, and the benefit of telescoping in tax assessments.

SC Orders Release of Arvind Kejriwal on Regular Bail in CBI Case

September 16, 2024 1152 Views 0 comment Print

The Supreme Court orders the release of Delhi CM Arvind Kejriwal on regular bail in the CBI case linked to the Delhi excise policy. Separate concurring judgments by Justices Surya Kant and Ujjal Bhuyan emphasize procedural compliance and constitutional liberty.

Strategic Decision of Share Buyback in Corporate Finance

September 16, 2024 3111 Views 1 comment Print

Explore the process and motives behind share buybacks in corporate finance. Learn the tax implications effective from October 2024 and legal requirements under the Companies Act.

Deemed Public Company under Companies Act, 2013: An Analytical Study

September 16, 2024 5937 Views 0 comment Print

Explore the concept of deemed public companies, their compliance requirements, and how they are treated under the Companies Act, 2013.

Power of NCLT to Call AGMs and EGMs of Members

September 16, 2024 2889 Views 0 comment Print

Learn about the NCLT’s powers under Sections 97 and 98 of the Companies Act, 2013, to call AGMs and EGMs, including procedures and conditions for such meetings.

GST on “As Is Where Is” Building Handover with Railway Siding: AAR Odisha

September 16, 2024 1191 Views 0 comment Print

Essel Mining’s handover of buildings and railway sidings to OMCL is taxable under GST as a service, not a sale, per AAR Odisha’s recent ruling.

SEBI Resolves Internal Issues; Withdraws Previous Release

September 16, 2024 261 Views 0 comment Print

SEBI addresses employee matters through internal channels and withdraws Press Release no. 20/2024. Employee concerns to be resolved amicably within set guidelines.

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