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Companies Act Section 197 Violation: RD Upholds ₹16 Lakh Penalty

October 22, 2024 390 Views 0 comment Print

The appeal against the penalty under the Companies Act for Seva Parmodharmah Samajik Nidhi Limited was dismissed, confirming ₹16,00,000 in fines.

Corrigendum to N/No. 09/2024-IGST(R)- Any property to be read as any immovable property

October 22, 2024 3030 Views 0 comment Print

The Ministry of Finance issued a corrigendum to Notification No. 09/2024, clarifying any property to any immovable property.

Clarification on debiting of Restricted License for import of IT Hardware

October 21, 2024 198 Views 0 comment Print

The Customs Office issued a notice clarifying the process for debiting licenses for importing restricted IT hardware, effective immediately.

CBIC Reports Seizures and GST Fraud Crackdown – Oct 2024

October 21, 2024 306 Views 0 comment Print

CBIC highlights drug seizures and GST fraud cases, including Rs. 193 crore ITC fraud and methamphetamine smuggling in October 2024 newsletter.

Clarification on origin procedures under free trade agreements (FTAs)

October 21, 2024 906 Views 0 comment Print

CBIC issues guidance on third-party invoicing under FTAs, addressing origin verification challenges for imported goods.

Order Book Investing: 10 Companies with huge Order Book

October 21, 2024 2055 Views 0 comment Print

Explore 10 Indian companies with significant order books, indicating strong growth potential. Learn about their revenues and future prospects.

Delhi HC Permits Document Submission to prove Principal Business Place Amid GST Cancellation

October 20, 2024 1857 Views 0 comment Print

Delhi High Court permits submission of documents within a week to support the GST registration status amid proposed cancellation.

Review of regulatory framework for Investment Advisers & Research Analysts

October 19, 2024 159 Views 0 comment Print

Securities and Exchange Board of India Monday 30th September 2024– SEBI Board Meeting Review of regulatory framework for Investment Advisers and Research Analysts 1. Objective 1.1. This memorandum seeks approval of the Board for amendments to the following regulations and issuance of circular (s) thereunder for simplifying, easing and reducing the compliance requirements for Investment […]

Amendments to Regulations to revise & revamp Nomination facilities in Indian Securities Market

October 19, 2024 63 Views 0 comment Print

Securities and Exchange Board of India Monday 30th September 2024– SEBI Board Meeting Amendments to Regulations to revise and revamp Nomination facilities in the Indian Securities Market 1. Objective: 1.1. The objective of this memorandum is to revamp the framework for nominations to aid in reduction of unclaimed assets as well as smoothen the process […]

Amendments to SEBI Mutual Funds Regulations for Introduction of MF Lite Framework for Passive Schemes

October 19, 2024 141 Views 0 comment Print

Securities and Exchange Board of India Monday 30th September 2024– SEBI Board Meeting Sub: Amendments to the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 for introduction of a Mutual Funds Lite (MF Lite) framework for passively managed schemes of Mutual Funds 1. Objective: 1.1. This Board Memorandum proposes to introduce a relaxed […]

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