ROC Kanpur levied a ₹7,36,500 penalty on CSC BARIKHAS FPC Ltd. and its five directors for failing to file the mandated Annual Return (MGT-7) for the 2022 fiscal year.
Officers of the company were adjudicated for non-submission of Form AOC-4, emphasizing personal accountability under Section 137(3) and the Companies Act’s strict compliance requirements.
PFRDA Circular mandates Source Nodal Office authorization for all NPS Inter-Sector Shifting and Exit Requests for Government sector subscribers, effective immediately.
FSSAI notifies the establishment of the Central Advisory Committee for three years, including the CEO as Chairperson, 36 State Commissioners, and experts from key food sectors.
IRDAI’s new guidelines establish a comprehensive framework for all insurers and distribution channels to deter, prevent, detect, and report insurance fraud, effective April 1, 2026.
Bajaj Life Insurance (formerly Bajaj Allianz Life) offers reliable protection with a 99.29% CSR and strong financials, focusing on simple products and digital service.
CBI arrested a CGDA Auditor in Gandhinagar for demanding a Rs. 3.5 lakh bribe and a Railway Hospital Superintendent in Nanded for Rs. 20,000 in two separate corruption traps.
IRDAI warns against the fraudulent website policyholdergov.org that is illegally collecting payments and data; public advised to use only official IRDAI portals.
This case highlights how delays in filing appeals against adverse GST orders weaken the department’s legal position. It underscores that prompt scrutiny and timely appeals are essential to protect government revenue.
Summary of Indian real estate taxes: State stamp duty (5–7%) and registration fees, Central GST on under-construction property, 1% TDS on sales over ₹50L, and Capital Gains rules.
