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Archive: 21 January 2025

Posts in 21 January 2025

IREL’s pricing practices & market behavior not violates anti-competitive laws: CCI

January 21, 2025 876 Views 0 comment Print

CCI reviews Beach Mineral Producers’ allegations against IREL for abuse of dominance in the beach sand mineral market. Investigation findings and case analysis included.

Vedanta Challenges GST on Corporate Guarantees: HC stays GST circular

January 21, 2025 3324 Views 0 comment Print

Bombay High Court stays GST on corporate guarantees, with Vedanta seeking exemption under CGST Act and challenging the constitutionality of the impugned circular.

SC Stay on Show Cause Notices in GST Intelligence Case of Gameskraft

January 21, 2025 1410 Views 0 comment Print

The Supreme Court stays show cause notices in the GST case Directorate General of Goods and Services Tax Intelligence vs. Gameskraft Technologies Pvt Ltd.

EPFO Simplifies PF Transfer Process for Easier Claims

January 21, 2025 1899 Views 0 comment Print

EPFO has streamlined the PF transfer process, eliminating employer approval for most claims, aiming to reduce turnaround time and member grievances.

DGFT notifies Diamond Imprest Authorization Scheme Procedure Effective 01.04.2025

January 21, 2025 1212 Views 0 comment Print

DGFT outlines procedures for Diamond Imprest Authorisation, detailing import/export conditions, obligations, and penalties. Scheme effective from 01.04.2025.

DGFT Introduces Diamond Imprest Authorisation Scheme

January 21, 2025 942 Views 0 comment Print

New Diamond Imprest Authorisation scheme by DGFT supports diamond exports. Eligibility, duties exempted, and export obligations explained. Effective 01.04.2025.

MHA Issues Notice on FCRA Compliance for NGOs

January 21, 2025 1482 Views 0 comment Print

MHA reminds NGOs to ensure valid FCRA registration for receiving and utilizing foreign contributions. Non-compliance may result in penal action.

ICAI Disciplinary Committee Reprimands Auditor for INC-22 Certification Misconduct

January 21, 2025 765 Views 0 comment Print

A Chartered Accountant was reprimanded by the ICAI Disciplinary Committee for professional misconduct related to the certification of a company’s registered office address.

Analysis of Notifications and Circulars for Week ending 19th January 2025

January 21, 2025 5925 Views 0 comment Print

Comprehensive summary of income tax, GST, customs, SEBI, DGFT, EPF, and SC rulings from notifications and circulars issued between 13-19 January 2025.

CBIC Should Review Baggage Rules for Carrying Gold: Delhi HC

January 21, 2025 1266 Views 0 comment Print

Delhi HC highlights the need for CBIC to revise gold baggage rules, ensuring fair treatment of travelers and addressing market realities. Key insights and analysis.

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