Section 34(2) of CGST Act allows a supplier to issue a credit note to adjust the taxable value or tax payable in case of: Post-supply discounts, ,Returns of goods, or Deficiencies in services.
SEBI designates NBFCs and housing finance firms as qualified buyers under the SARFAESI Act, 2002, with conditions to prevent promoter access to secured assets.
Kerala High Court directs authorities to refund excess property tax paid by Synthetie Industries Ltd, setting a two-month deadline for compliance.
Delhi HC orders release of Rolex watch, criticizes Customs for relying on standard waiver forms, citing lack of due process in detention.
ICMAI issues guidelines on firm name usage, tender submissions, and branch office management. Non-compliance may result in disciplinary action.
ICMAI issues an advisory against unauthorized associations, communications, and petitions affecting its governance and integrity. Disciplinary actions apply.
Madras High Court rules that procedural delay in filing GST appeals should not lead to dismissal if statutory requirements, including pre-deposit, are met.
IRDAI allows insurers to hedge equity risks using derivatives. The guidelines specify permitted instruments, risk management, and reporting requirements.
NSE directs listed companies to update fully diluted paid-up equity capital details on the NEAPS portal, ensuring compliance with SEBI regulations.
National Stock Exchange extends single filing system via API for Integrated Filing (Governance) from March 1, 2025, streamlining compliance for listed entities.