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Government Actions on Shell Companies: Key Data and Developments

November 28, 2024 2211 Views 0 comment Print

Government details actions taken against shell companies, identifying 233,566 entities struck off across India in the last five years for non-compliance and fraudulent activities.

Status of Centre for Processing Accelerated Corporate Exit (C-PACE)

November 28, 2024 6450 Views 1 comment Print

Update on C-PACE for fast-tracking corporate exit and measures taken to improve ease of compliance and ease of doing business in India.

Section 204 Secretarial Audit Violation: Penalty Reduced to ₹32 Lakh

November 28, 2024 1632 Views 0 comment Print

Regional Director, Eastern Region, modifies penalty for secretarial audit violations under Section 204, reducing it to ₹32 lakh from ₹48 lakh.

GST on Healthcare, Life Insurance and Critical Drugs

November 28, 2024 1992 Views 0 comment Print

Analysis of GST rates on life/health insurance and lifesaving drugs. Details of revenue, concessions, and GST Council discussions on rate reductions.

Govt explains Loan Settlement of ₹49,000 Cr Debt for ₹455 Cr

November 28, 2024 2550 Views 0 comment Print

Clarification on the ₹49,000 crore debt settlement for ₹455 crore under CIRP. Details of NCLT approval, creditors’ recovery, and the IBC process.

GST On Educational Materials and Services

November 28, 2024 7155 Views 0 comment Print

GST on educational services includes exemptions for institutions and books, but coaching services attract 18% GST. Learn about GST collections and exemptions.

ICAI Launches CA GPT Platform with 5,000 Annual Reports

November 28, 2024 2772 Views 0 comment Print

ICAI introduces CA GPT platform, featuring 5,000 annual reports of listed companies for easy access and analysis by Chartered Accountants.

ED Arrests Two Chinese Nationals in Digital Loan Fraud

November 27, 2024 927 Views 0 comment Print

ED arrests two Chinese nationals for exploiting borrowers through digital loan apps, charging high rates, and extorting money using personal data.

CBDT notifies Transfer of Asset Between NLCIL & NIRL – Section 47(viiaf)

November 27, 2024 1242 Views 0 comment Print

The Ministry of Finance has notified the transfer of capital assets from NLCIL to NIRL under the Income-tax Act, effective from the date of publication.

Language of Stars: Unlocking Life’s Mysteries Through Kundli

November 27, 2024 741 Views 0 comment Print

Explore the significance of Kundli in astrology, its components, and remedies like the Gomed stone for overcoming challenges and enhancing your life’s potential.

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