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GSTN Advisory for GST Registration Process (Rule 8 of CGST Rules, 2017)

February 13, 2025 7377 Views 1 comment Print

New GST registration rules require biometric or Aadhaar authentication at GSK. Complete verification within 15 days to avoid ARN rejection.

DGFT Guidelines for Petroleum Coke Import Allocation 2025-26

February 13, 2025 57 Views 0 comment Print

DGFT invites applications for CPC and RPC import allocation for 2025-26. Submission deadline: Feb 28, 2025. Eligibility and procedure details inside.

Nidhi Company Penalized for Omitting PAN & Email IDs in Return of Allotment

February 13, 2025 201 Views 0 comment Print

Kalpakkam Nidhi Ltd fined Rs. 20,000 for non-compliance with Rule 14(6) of Companies Act. IT order mandates payment within 90 days, with appeal options available.

RBI Guidelines on $120M Credit Line to Vietnam for Guard Boats

February 13, 2025 33 Views 0 comment Print

RBI outlines Exim Bank’s $120M credit line to Vietnam for High-Speed Guard Boats. Includes disbursement details, export compliance, and banking guidelines.

RBI Guidelines on $180M Credit Line to Vietnam for Patrol Vessels

February 13, 2025 72 Views 0 comment Print

RBI issues guidelines for Exim Bank’s $180M credit line to Vietnam for Offshore Patrol Vessels. Details on disbursement, export policy, and compliance.

Musiri Kamadhenu Nidhi & Directors Penalized for Non-Filing of Resolutions

February 13, 2025 126 Views 0 comment Print

Musiri Kamadhenu Nidhi Ltd and directors fined ₹14 lakh by Chennai ROC for violating Sections 117(3)(g) & 179(3)(g) of the Companies Act, 2013, concerning filing of board resolutions related to financial statements.

IBBI Penalizes Insolvency Professional for Related Party Voting in CIRP

February 13, 2025 111 Views 0 comment Print

Insolvency Professional Ahsan Ahmed penalized Rs. 50,000 by IBBI for assigning voting rights to related parties in SDU Travels Pvt. Ltd. CIRP, violating Section 21(2) of the IBC.

Companies (Prospectus and Allotment of Securities) Amendment Rules, 2025

February 13, 2025 441 Views 0 comment Print

MCA amends Companies (Prospectus & Allotment) Rules, 2014. Private companies (non-small) get compliance extension until June 30, 2025.

Punjab RERA Notified for Income Tax Exemption under Section 10(46A)(b)

February 13, 2025 711 Views 0 comment Print

The Central Government notifies Punjab RERA for tax exemption under Section 10(46A) of the Income-tax Act, effective from the 2024-25 assessment year.

Dr. Bhushan Kumar Sinha Joins IBBI as Whole Time Member

February 13, 2025 141 Views 0 comment Print

Dr. Bhushan Kumar Sinha takes charge as Whole Time Member of IBBI on Feb 11, 2025. He brings expertise in banking, finance, and economic policy reforms.

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