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Archive: December, 2024

Posts in December, 2024

SEBI Proposes Changes for Settling Inactive Client Accounts

December 6, 2024 765 Views 0 comment Print

SEBI drafts new measures to ease settlement of client accounts for those not trading in 30 days, inviting public comments by Dec 26, 2024.

IGST Input Tax Credit not allowed if Bill of entry not in the name of Buyer

December 6, 2024 15864 Views 0 comment Print

AAR ruling confirms that R.V Hydraulic Services can claim ITC on IGST payment for imported machinery even if Bill of Entry is not in their name.

GST on Rent for Government-Leased Private Buildings: AAR Ruling

December 6, 2024 2814 Views 0 comment Print

GST liability on rent for government-occupied private buildings discussed in Andhra Pradesh AAR ruling. Who pays: owner or tenant?

Factors Causing Rupee Depreciation

December 6, 2024 2673 Views 0 comment Print

Government outlines key reasons, steps to stabilize INR, and impacts of depreciation on inflation, imports, and investments. 

GST/IGST Collection and Compensation Details for 2024

December 6, 2024 879 Views 0 comment Print

Overview of GST collections and compensation to states in 2024, including deliberations on GST rates for health insurance.

Women’s representation in Board of Directors in Companies

December 6, 2024 1287 Views 0 comment Print

Government outlines penalties and prosecutions for companies failing to appoint women directors. Gender diversity progress reviewed.

Time Limit for Filing Representations before NCLAT

December 6, 2024 789 Views 0 comment Print

The Government defines the 30-day time limit for filing representations before NCLAT under the Companies Act, with no cases pending due to delays.

SFIO Actions on Corporate Frauds in India

December 6, 2024 1041 Views 0 comment Print

SFIO investigates 36 corporate fraud cases in the past 3 years, with 41 cases filed and 25 convictions. MRAU enhances fraud detection and regulation.

Political Appointments in NCLT and NCLAT

December 6, 2024 648 Views 0 comment Print

Government response on political appointments in NCLT/NCLAT and reasons behind delays in IBC case disposal.

Beneficiaries of MCA V3.0 Portal and AI Impact Study

December 6, 2024 867 Views 0 comment Print

Over 21 lakh companies benefit from the MCA V3.0 portal. The Government has also commissioned a study on AI’s impact on anti-competitive practices.

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