ROC Chennai penalised a company and its director for delayed filing of financial statements under Section 137 of the Companies Act, 2013. The ruling confirms that prolonged litigation and staff shortage cannot excuse statutory MCA filing delays.
ROC Mumbai levied a penalty under Section 450 after a company incorrectly stated that CSR provisions were not applicable in Form AOC-4 XBRL. The order highlights that directors signing MCA forms are personally responsible for accuracy of disclosures and attachments.
PFRDA has expanded the NPS Sanchay incentive framework to include CSC-VLEs, BCs/Pension Sakhis, and PACS operating through PoPs. The move aims to strengthen last-mile pension outreach and improve pension inclusion.
The article explains that each crypto card transaction is treated as a taxable transfer of virtual digital assets under Indian tax law. It highlights the need for proper reporting, record-keeping, and tax planning for 2026 filings.
Credit card offers explained with 7 types and evaluation tips. Learn to compare rewards, fees, and benefits before applying.
The article compares old and new income tax regimes for FY 2025-26 and explains how deductions affect final tax liability. It highlights that home loan deductions under Section 24B can make the old regime more beneficial for some taxpayers.
CBIC amended Notification No. 12/97-Customs (N.T.) to include Village Namli, Ratlam as an authorized customs location. The notification permits unloading of imported goods and loading of export goods, expanding customs infrastructure in Madhya Pradesh.
DGFT amended Appendix 2B of FTP 2023 to include authorised agencies permitted to issue Preferential Certificates of Origin under the India-UK CETA. The notification specifies product-wise authorities and SEZ-based issuing agencies.
IFSCA approved draft Managing General Agents Regulations, 2026 to regulate registration and operations of MGAs in IFSCs. The framework introduces eligibility norms, capital requirements, audit obligations, and safeguards for policyholders.
The article explains how organized crime has evolved into a transnational threat linked with terrorism, drug trafficking, and financial crimes. It highlights the need for coordinated legal and enforcement mechanisms to safeguard national security.