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Classification of Textile Rolls under Customs Tariff Act

January 10, 2025 129 Views 0 comment Print

Explore CAAR Mumbai’s ruling on classifying nylon, polyester, and satin rolls as labels under Heading 5807 of the Customs Tariff Act, aligning with IGST regulations.

Advance Ruling on Classification of Glucometers by CAAR

January 10, 2025 162 Views 0 comment Print

 CAAR Mumbai rules that glucometers like Accu-Chek are classifiable under HS Code 9018 19 90 as electro-medical apparatus, with duty rates subject to CBIC notifications.

Digital Rupee (e₹) – RBI FAQs

January 10, 2025 1152 Views 0 comment Print

Learn about India’s Digital Rupee (e₹), its features, usage, and differences between Retail and Wholesale CBDC. Explore pilot initiatives, wallets, and benefits.

IFSCA Proposes SPV Framework for Co-Investment and Leverage

January 10, 2025 402 Views 0 comment Print

IFSCA releases a consultation paper on SPV framework for co-investment and leverage transactions under Fund Management Regulations, 2022. Public comments invited.

IBBI Extends Deadline for Liquidation Form Filing to 31st March 2025

January 9, 2025 126 Views 0 comment Print

IBBI extends the deadline for submitting liquidation and voluntary liquidation forms under the IBC, 2016, to March 31, 2025. IPs must ensure accuracy in submissions.

SEBI Updates Guidelines for Investment Advisers (2025)

January 8, 2025 945 Views 0 comment Print

SEBI announces revised guidelines for Investment Advisers, including deposit rules, part-time registration, fee flexibility, AI disclosure, and compliance updates effective 2025.

ICAI Submits Suggestions on Income-tax Act Review & Pre-Budget Memorandum 2025

January 8, 2025 2400 Views 2 comments Print

ICAI proposes tax reforms for simplification, litigation reduction, and compliance ease in Income-tax Act and Pre-Budget Memorandum 2025.

Company failed to appoint woman director: MCA imposes Penalty of ₹3.57 Lakh

January 8, 2025 378 Views 0 comment Print

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 Penalizes Company for Failing to Approve Financial Statements & Board Reports

January 8, 2025 303 Views 0 comment Print

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.

Non-Compliance with Sections 177 & 178: MCA penalises Company & Direrctors

January 8, 2025 294 Views 0 comment Print

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.

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