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Addendum to Consultation Paper on Review of IFSCA (Fund Management) Regulations, 2022

August 17, 2024 240 Views 0 comment Print

IFSCA proposes adding third-party fund management services to its regulations, aiming to boost innovation and streamline fund operations in GIFT IFSC.

MCA imposes penalty for non-filing of Annual Returns & Financial Statements

August 16, 2024 348 Views 0 comment Print

Easy Funds Finance Pvt Ltd and directors penalized for failing to file Annual Returns and Financial Statements. Total penalties amount to ₹2,49,100.

Foreign Exchange Management Non debt Instruments Fourth Amendment Rules 2024

August 16, 2024 1404 Views 0 comment Print

New amendments to Foreign Exchange Management Rules ease cross-border share swaps and foreign investments in Indian startups and ATMs.

Appointment of chairperson of Appellate Authority for CAs CSs & Cost Accountants

August 16, 2024 576 Views 0 comment Print

Justice Talwant Singh appointed as Chairperson of the Appellate Authority for professional institutes under the Chartered Accountants, Cost and Works Accountants, and Company Secretaries Acts.

Trade Marks Holding Inquiry and Appeal Rules 2024

August 16, 2024 381 Views 0 comment Print

Trade Marks (Holding Inquiry and Appeal) Rules 2024 now in effect. New procedures for complaints, inquiries, and appeals under the Trade Marks Act, 1999.

Launch of Revamped Non-Preferential Certificate of Origin (eCoO) 2.0 System

August 16, 2024 561 Views 0 comment Print

DGFT introduces eCoO 2.0 for Non-Preferential Certificates of Origin. New features include multi-user access, e-signature options, and an integrated dashboard.

SAED on Petroleum Crude reduced to ₹2100 per Tonne from 17.08.2024

August 16, 2024 228 Views 0 comment Print

Central Excise Notification 20/2024 revises duty rate to Rs. 2100 per tonne effective from August 17, 2024, under the Central Excise Act, 1944.

E-Tender for Concurrent Auditor Services for NAFED and NCCF

August 16, 2024 1005 Views 0 comment Print

Ministry of Consumer Affairs invites e-tenders for concurrent auditor services for NAFED and NCCF branches. Submission from August 17 to September 16, 2024.

Review of Master Direction – NBFC – Peer to Peer Lending Platform (Reserve Bank) Directions, 2017

August 16, 2024 477 Views 0 comment Print

RBI revises NBFC-P2P lending guidelines, clarifying provisions to prevent misuse and ensure compliance. Key changes include fund transfer rules and disclosure requirements.

Mere Association with Promoter Doesn’t Automatically Disqualify Resolution Applicant: IBBI

August 15, 2024 183 Views 0 comment Print

IBBI’s ruled that mere association with a promoter does not automatically disqualify a Resolution Applicant under Section 29A unless specific disqualifying criteria are met.

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