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Indexation Removal on LTCG Tax: Govt Clarifies Impact

December 27, 2024 5337 Views 0 comment Print

Govt rationalizes long-term capital gains tax, reducing rates to 12.5% and simplifying holding periods. Relief provided for pre-July 2024 property gains.

ICAI Announces 25th Regional Council Election Results

December 27, 2024 12675 Views 0 comment Print

ICAI declares members elected to the 25th Regional Councils. Includes names, membership numbers, and locations for each region. View complete notification details.

2024 FEMA NDI Rules Amendment: Cross-Border Share Swaps

December 26, 2024 3909 Views 0 comment Print

India amends FEMA NDI Rules, simplifying cross-border share swaps for startups, enhancing global expansion opportunities and access to capital.

Customs Notification Extends Deadline to February 28, 2025

December 26, 2024 1125 Views 0 comment Print

Ministry of Finance amends Customs Notification No. 64/2023, extending the compliance deadline from December 31, 2024, to February 28, 2025

Quantitative Restrictions on Low Ash Metallurgical Coke Imports

December 26, 2024 1854 Views 0 comment Print

Government imposes country-wise quantitative restrictions on Low Ash Metallurgical Coke imports from Jan 1, 2025, to June 30, 2025, with specific quotas.

Anti-Dumping Duty on Digital Offset Printing Plates

December 26, 2024 6762 Views 0 comment Print

India imposes anti-dumping duties on Digital Offset Printing Plates imported from China, Japan, Korea, Vietnam, and Taiwan for five years, effective from Dec 26, 2024.

ICAI Members of 26th Central Council from WIRC, CIRC, SIRC, NIRC & EIRC

December 26, 2024 3162 Views 0 comment Print

ICAI declares elected members of its 26th Council from regional constituencies. Details include member names, membership numbers, and places.

GST Rule 86A Conundrum: Interpretation Battles in High Courts

December 26, 2024 2109 Views 0 comment Print

Explore the legal debate on Rule 86A of CGST Rules. Conflicting High Court interpretations impact ITC blocking and business operations, sparking potential Supreme Court litigation.

Failure file BEN-2 forms for declaration of SBO: MCA imposes penalty

December 24, 2024 1332 Views 0 comment Print

Madhyamam Technologies Limited faces penalties for late filing of significant beneficial ownership under Section 90 of the Companies Act. Learn about the adjudication order.

Govt Allows Yellow Peas Import “Free” Subject to IMS Registration

December 24, 2024 621 Views 0 comment Print

India extends yellow peas import deadline to February 28, 2025, under ITC(HS) Code 07131010. Free import with registration and no MIP or port restrictions apply.

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