ICAI raises concerns about SA 600 vs. ISA 600 revision process, urges pause for stakeholder review to ensure public interest and professional integrity.
SEBI seeks public comments on proposed amendment for electronic-only payments of dividends, interest, and redemptions. Deadline: October 11, 2024.
The RBI has extended the Interest Equalization Scheme for rupee export credit to September 30, 2024, with updated caps for MSME and non-MSME exporters.
IFSCA warns the public about unregistered Broker Dealers in GIFT-IFSC offering high returns. Verify registration before making investments.
Digital payments in India surged to 18,737 crore transactions in FY 2023-24, with UPI expanding to seven countries, enhancing financial inclusion.
The AAR ruled that non-edible neem oil, classified under HSN 1515, cannot claim GST refunds under the Inverted Duty Structure.
Himachal Pradesh High Court ruled that demand orders cannot be issued without a prior Show Cause Notice, ensuring compliance with legal procedures.
Corporate guarantees are taxable under GST. Learn about valuation, eligibility for input tax credit, and recent CBIC clarifications regarding corporate guarantees.
The CESTAT ruled that interest on refundable pre-deposits is mandatory, regardless of whether it’s claimed, in the India Yamaha Motor Pvt. Ltd. case.
Allahabad HC rules in Vishal Steel Supplier case that GST law does not require disclosure of the transportation route for goods. Detention orders quashed.
