ICAI proposes tax reforms for simplification, litigation reduction, and compliance ease in Income-tax Act and Pre-Budget Memorandum 2025.
Sajjan India Ltd fined ₹3.57 lakhs for failing to appoint a woman director as required by Section 149 of the Companies Act, 2013. Penalty includes company officers.
MCA imposes penalties on BCL Homes Ltd for breaching Section 179(3) of the Companies Act, 2013. Detailed penalties include Rs. 2,00,000 on the company and fines on directors.
Details of penalties imposed on BCL Homes Ltd. for non-compliance with Sections 177 & 178 of the Companies Act, 2013, as per MCA order dated 08/01/2025.
Godrej Tyson Foods Ltd. penalized for failing to appoint a woman director under Section 149(1) of the Companies Act. Penalty includes fines for the company and officers.
Government specifies IFSC units exempt from tax collection under Section 206C(1H) for eligible purchases. Details outlined for buyers and sellers.
CBIC updates: Pension guide launched, GST evasion of ₹25 crores uncovered, and key officials retired. Insights into recent achievements and challenges.
India allows export of 2,00,000 MTs of wheat to Nepal through National Cooperative Exports Limited (NCEL) under DGFT Notification No. 48/2024-25.
Learn about CRS and FATCA, how India receives foreign account info, and the disclosure requirements for foreign assets and income in Indian tax returns.
IFCI invites Cost Accountants for empanelment to conduct audits and certifications under government schemes. Submit proposals by Jan 14, 2025. Details at IFCI’s website.
