SEBI postpones penalties for intraday index derivative position limit breaches, citing industry concerns and pending new regulations.
Insights on GST policies for medicines and medical goods, exemptions for healthcare services, and GST revenue data from 2019 to 2024, state-wise.
Indian stock market witnessed a ₹74 lakh crore loss since Oct 2024. No plans to abolish LTCG tax; reforms made in Budget 2024-25 for simplification.
Receiving an income tax notice can be disconcerting, particularly for individuals who are not well-versed with tax laws and compliance processes. Nevertheless, knowing the importance of such notices and the right procedures to follow when receiving them can minimize anxiety and avoid unnecessary legal or financial issues.
SEBI extends portfolio manager data submission deadline to 15 days, applies to data from April 1, 2023. See circular details for compliance.
SEBI extends the deadline for mutual funds to submit quarterly offsite inspection data from 10 to 15 days. RTAs to submit data ongoing.
Gujarat HC allows IGST refund under Section 16(3)(b) and directs authorities to amend shipping bills in ICEGATE to resolve GST ID and PAN mismatch issues.
RBI sets special clearing operations for government cheques on March 31, 2025. All member banks must participate and ensure infrastructure readiness.
DGFT amends ANF-4J for Diamond Imprest Authorisation. New declarations added regarding star status, tax returns, and import conditions.
Madras High Court held that reopening of assessment u/s. 148 of the Income Tax Act based on the judgement of Hon’ble Supreme Court judgement is tenable as Supreme Court has not given direction to reopen completed assessment.
