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Archive: 20 January 2025

Posts in 20 January 2025

DGFT Increases State-wise Annual Export Limits for Agarwood & Agar Oil

January 20, 2025 180 Views 0 comment Print

Revised export quotas for Agarwood chips, powder, and agar oil under DGFT notification. Annual limits increased for 2024-27 with strict compliance requirements.

How to respond to various GST notices and Submit reply to Department

January 20, 2025 7353 Views 0 comment Print

Learn about various GST notices, their purposes, formats, and timelines. Understand how to respond correctly to avoid penalties and ensure compliance under GST law.

SEBI Draft Circular: Change in NAV Cut-Off for MF Redemptions

January 20, 2025 603 Views 0 comment Print

SEBI proposes shifting NAV cut-off for overnight fund redemptions from 3 PM to 7 PM. Public comments invited by February 10, 2025, on the draft circular.

Guidelines for Borrower Dues Settlement by ARCs

January 20, 2025 501 Views 0 comment Print

RBI revises guidelines for ARCs on borrower dues settlement, emphasizing policy frameworks, valuation, and Independent Advisory Committee oversight for transparent resolutions.

Unilateral guarantee revocation doesn’t absolve guarantor’s obligation as revocation not agreed by Financial Creditor

January 20, 2025 135 Views 0 comment Print

NCLAT Delhi held that unilateral revocation of guarantee by the guarantor does not absolve him from his obligations under the guarantee agreement as the Financial Creditor has not agreed to such revocation.

Understanding changes introduced by FCRA Amendment Rules, 2024

January 20, 2025 1707 Views 0 comment Print

Learn about key changes in FCRA Amendment Rules, 2024, including unspent administrative expense carry-forward, tax refund transfers, and enhanced reporting requirements.

Deprival of remedies under Article 21 of the Constitution not justifiable: NCLAT Chennai

January 20, 2025 171 Views 0 comment Print

NCLAT Chennai held that a right to judicial remedies is a right which is safeguarded by Article 21 of the Constitution of India. Thus, deprival of remedies available under Article 21 is unjustifiable and hence it is directed to revive back the company petition.

MGT-14 Filing: Mandatory and Non-Mandatory Scenarios

January 20, 2025 1605 Views 0 comment Print

Understand MGT-14 filing requirements under the Companies Act, 2013. Learn when it’s mandatory for resolutions in public and private companies to ensure compliance.

Important Changes in GST from 16th January 2025

January 20, 2025 38535 Views 0 comment Print

The recent GST notifications introduce various changes aimed at streamlining compliance and addressing specific sectors. Let’s break down the key important notifications point by point.

Recent GST Amendments for Restaurant Services

January 20, 2025 11160 Views 1 comment Print

Recent GST amendments redefine specified premises, impacting tax rates (5% or 18%) and ITC availability for restaurant services. Learn how these changes affect compliance.

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