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Archive: 26 September 2024

Posts in 26 September 2024

SEBI releases Operational Guidelines for FVCIs and DDPs

September 26, 2024 1362 Views 0 comment Print

SEBI provides operational guidelines for Foreign Venture Capital Investors and DDPs, effective January 2025, following amendments to the FVCI Regulations.

HDB Financial Services Allowed Aadhaar Authentication

September 26, 2024 582 Views 0 comment Print

HDB Financial Services authorized for Aadhaar authentication under Section 11A of the Prevention of Money-laundering Act, 2002 by the Ministry of Finance.

Tariff Values Updated for Oils, Gold, Silver & Nuts WEF 27th September 2024

September 26, 2024 450 Views 0 comment Print

The Ministry of Finance issued Notification No. 63/2024, amending tariff values for various goods effective September 27, 2024.

Sustainable Compliance: Integrating Environmental, Social & Governance (ESG) Factors

September 26, 2024 1599 Views 0 comment Print

Explore how companies integrate ESG into strategy, risk management, and reporting. Learn the board’s accountability for sustainable development and compliance.

Is a Convention Still Needed for Harmonizing International Commercial Law?

September 26, 2024 873 Views 0 comment Print

Explore the ongoing relevance of conventions in harmonizing international commercial law amidst evolving soft law mechanisms and global trade complexities.

Rule 86A(1) Cannot Mandate Taxpayer to Replenish ECL for Past ITC: Delhi HC

September 26, 2024 2625 Views 0 comment Print

Delhi HC clarifies Rule 86A of CGST Rules, restricting debit of ITC in ECL. Blocking applies only to available ITC, no requirement to replenish past usage.

CESTAT Orders Revised Duty Assessment for Customs Evasion via Fake Invoices

September 26, 2024 837 Views 0 comment Print

Consequently, the assessable value and duty must be re­determined. The goods were correctly held to be liable for confiscation under section 111(m) but were not actually confiscated nor any redemption fine was imposed.

Customs Penalty on VABL License Holder Quashed Due to Lack of Forgery Evidence

September 26, 2024 711 Views 0 comment Print

There was no indication of action for cancellation having taken by DGFT authorities or any information provided by Revenue that an action was later taken by DGFT authorities.

Summary of Finance Minister’s Meeting with Pr. CCsIT

September 26, 2024 3072 Views 0 comment Print

A summary of the Finance Minister’s interaction with Pr. CCsIT on August 21, 2024, addressing key issues in the Income Tax Department.

SEBI (Infrastructure Investment Trusts) (Third Amendment) Regulations, 2024

September 26, 2024 1329 Views 0 comment Print

SEBI amends regulations for Infrastructure Investment Trusts, introducing new compliance measures for trading, distributions, and voting procedures.

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