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Archive: 07 February 2025

Posts in 07 February 2025

Dismissal of writ appeals for non-exhaustion of alternate remedy of appeal in GST

February 7, 2025 660 Views 0 comment Print

Appellant should pursue the alternate remedy of appeal, even if it involved depositing tax as writ jurisdiction should be exercised only in the absence of an effective alternative remedy.

RBI Amends Notification on Government Securities Trading

February 7, 2025 963 Views 0 comment Print

RBI updates rules for trading government securities, gold-related securities, and money market instruments under the Securities Contracts Act.

Maximizing Tax Benefits When Buying a New Car: A Comprehensive Guide

February 7, 2025 6918 Views 0 comment Print

Buying a new car is not just an upgrade for the ride or, for that matter, upgrading the lifestyle but rather can offer great financial benefits as well. After all, be it any form of tax saving, when it is about buying a new car, something that will keep saving money by owning the pleasure of driving around is knowing the right way of applying them appropriately.

RBI Monetary Policy February 2025: Key Rates & Measures

February 7, 2025 1959 Views 0 comment Print

RBI cuts repo rate to 6.25%, revises GDP and inflation forecasts, introduces forward contracts in G-Secs, enhances cybersecurity, and updates payment security.

Share Capital Reduction: Process, Impact & Key Implications

February 7, 2025 4860 Views 0 comment Print

Learn about share capital reduction under Section 66 of the Companies Act 2013, its process, financial impact, and implications for shareholders and investors.

From Choice to Currency: The Power of ‘Option’

February 7, 2025 369 Views 0 comment Print

Explore the evolution of “options” from a concept of free will to a cornerstone of modern finance, shaping global markets and economic strategies.

Clarification on Record Date Under SEBI LODR Regulation 42

February 7, 2025 5172 Views 0 comment Print

SEBI mandates a minimum three-day gap between approval and record date for corporate actions. Listed entities are no longer required to announce book closure dates.

Income Tax Act: Section 285 Notification for Liaison Office Statement Filing

February 7, 2025 2004 Views 0 comment Print

Notification No. 14/2025 updates Form 49C submission rules for liaison offices under the Income-Tax Act. Filing deadline set to 8 months from the financial year-end.

RBI Draft on Additional Authentication for Cross-Border CNP Transactions

February 7, 2025 924 Views 0 comment Print

RBI proposes mandatory Additional Factor of Authentication (AFA) for cross-border Card Not Present (CNP) transactions. Public comments invited by March 10, 2025.

Launch of CSD Web Portal and Guidelines for Data and Image Upload

February 7, 2025 909 Views 0 comment Print

New CSD web portal launched for container scanning data and image uploads. Includes officer guidelines, SOPs, and reporting compliance details.

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