Madras High Court rules on GST notice service via email, clarifies that digital communication must ensure effective notice to uphold natural justice.
The Madras High Court ruled that a GST assessment uploaded after the taxpayer’s registration was cancelled is invalid, as the assessee loses access to the GST portal.
IFSCA issued a consultation paper on permitting differential distribution in IFSC Restricted and Venture Capital Schemes to facilitate blended finance for sustainable development goals.
SEBI proposes relaxing the India geo-tagging requirement for NRI clients using V-CIP for re-KYC or KYC modification, requiring GPS to match their foreign address proof.
SEBI consults on standardizing MF folio opening: first investment only after KRA completes KYC verification to resolve non-compliance and redemption issues.
SEBI mandates prior approval and specific conditions for Portfolio Managers transferring PMS business. Transfers between non-group entities must involve the complete business.
IFSCA consultation proposes differential distribution in IFSC Venture Capital and Restricted Schemes, facilitating blended finance and multiple unit classes with safeguards like high minimum investment.
CBDT’s 2024-25 APA report details 174 new agreements, including record bilateral deals, advancing tax certainty and reducing cross-border disputes.
GST rate cuts in Uttarakhand reduce taxes on Pahari Dal, Red Rice, handicrafts, and hotel tariffs, aiming to strengthen the state’s hill economy and manufacturing.
PFRDA released a Consultation Paper to introduce dual valuation (accrual/market) for long-term Government Securities in NPS/APY to stabilize NAV and reduce interest rate volatility impact.
