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DGFT Amends SION A-222 for Erythromycin Stearate Export

February 6, 2025 219 Views 0 comment Print

DGFT revises Standard Input Output Norms (SION) A-222 for Erythromycin Stearate Tablet exports, updating input quantity requirements. Effective immediately.

MCA imposes Penalty for Section 10A Violation (Delay in filing INC-20A form)

February 5, 2025 381 Views 0 comment Print

Infracx Developers Pvt Ltd penalized for delayed INC-20A filing under Section 10A of the Companies Act, 2013. Total penalty: ₹43,000.

Reforms in IBC: Proposed Amendments for Insolvency Processes

February 5, 2025 171 Views 0 comment Print

IBBI proposes key amendments to CIRP, liquidation, and personal guarantor insolvency, aiming to enhance efficiency, transparency, and resolution outcomes.

Liquidity Enhancement Scheme for Bullion Exchange in IFSC

February 5, 2025 72 Views 0 comment Print

IFSCA allows Bullion Exchange in IFSC to introduce liquidity enhancement schemes to improve liquidity in commodity derivatives. Learn about the guidelines.

Digitalization and Technological Innovations in Maritime Law: Navigating the Future

February 5, 2025 222 Views 0 comment Print

Explore how digitalization and technological advancements are reshaping maritime law, including blockchain, AI, cybersecurity, and dispute resolution.

Section 11 exemption cannot be denied merely for late filing of Form 10B

February 4, 2025 543 Views 0 comment Print

Gujarat High Court examines Sarvodaya Charitable Trust’s appeal against IT department’s refusal to condone Form 10B filing delay for AY 2016-17. Read key takeaways.

FIU-IND Fines Bybit ₹9.27 Crore for PMLA Violations

February 2, 2025 252 Views 0 comment Print

FIU-IND imposed a ₹9.27 crore penalty on Bybit for violating PMLA compliance. The platform operated without registration, leading to a website block.

FAQs on Amendments to Block Assessment Provisions under Finance Bill 2025

February 2, 2025 588 Views 0 comment Print

Key amendments in Chapter XIV-B on block assessment, undisclosed income, and time limits under Finance Bill 2025.

Budget 2025: Time Limit for Retention of Seized Books rationalized – FAQs

February 2, 2025 303 Views 0 comment Print

Understanding the rationalization of the time limit for retention of seized books of account under Section 132(8) in Finance Bill 2025.

Clarification on Court Stay and Time Limits under Income Tax

February 2, 2025 399 Views 0 comment Print

Understanding the exclusion of time limits during Court stays in assessment proceedings under Finance Bill 2025 for Income Tax assessments.

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