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Revised Jurisdiction of DIT Intelligence & Criminal Investigation in Lucknow & Kanpur Notified by CBDT

June 6, 2024 1851 Views 0 comment Print

Explore the latest amendment in the Income Tax Act 1961 by Notification No. 50/2024 issued by the Ministry of Finance. Detailed analysis and implications discussed.

Department of Chemicals & Petro-Chemicals Added to Appendix 2Y of FTP 2023

June 6, 2024 1056 Views 0 comment Print

DGFT Public Notice 10/2024-25 introduces amendments enabling import of inputs under QCOs for Advance Authorisation, EOU, and SEZ. Learn more about the changes.

Customs Exchange Rates effective from 7th June, 2024

June 6, 2024 10275 Views 0 comment Print

Explore the detailed analysis of Exchange Rate Notification No. 40/2024-Cus (NT) issued by the Government of India Ministry of Finance. Understand the impact on imports and exports.

Compliance under Section 62(1)(c) instead of 62(3): MCA RD upheld Penalty of Rs. 1.50 Lakh

June 6, 2024 2592 Views 0 comment Print

Wurknet Private Ltd’s appeal against a penalty for non-compliance with Section 62(3) of the Companies Act is dismissed. 

Revised Guidelines for Applicants under ANF-4F Handbook of Procedures 2023

June 6, 2024 2151 Views 0 comment Print

Explore the revised guidelines by the Directorate General of Foreign Trade regarding Para 2 (b) of ANF-4F Handbook of Procedures 2023 for simplifying EODC application in deemed exports.

Master Circular: Reforms in General Insurance Business

June 6, 2024 5043 Views 0 comment Print

Explore IRDAI’s comprehensive reforms in the general insurance business post de-tariffication, focusing on customer-centric measures, governance, and technology.

IBBI Suspends IP for Non-Compliance with NCLAT Directive and Delayed CoC Meetings during CIRP

June 6, 2024 834 Views 0 comment Print

IBBI suspends IP for Failure to act during CIRP despite NCLAT directive and for Delay in convening Committee of Creditors (CoC) meetings.

ICSI Advisory on penalties for misusing ‘CS’ designation

June 6, 2024 2580 Views 0 comment Print

Learn about the penalties for misusing the ‘CS’ designation under Section 24 of the Company Secretaries Act, 1980. Stay compliant and avoid legal consequences.

CBIC Implements Electronic Disbursal of Duty Drawback

June 5, 2024 1347 Views 0 comment Print

CBIC introduces electronic disbursal of duty drawback directly to exporter’s bank accounts via PFMS, enhancing transparency and efficiency. Details on the initiative.

Export of food commodities through National Cooperative Exports Limited (NCEL)

June 5, 2024 732 Views 0 comment Print

Stay updated with DGFT Notification No. 15/2024-25 extending Broken Rice export period through NCEL till November 30, 2024. Details here.

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