In order to promote consistency, comparability and reliability in disclosures concerning ESG schemes and ensure ESG schemes in IFSC are true to their label, IFSCA has issued a circular today requiring ESG schemes to make certain initial and periodic disclosures.
MCA concluded that the company and its Officers in default are liable for penalty under Section 117(2) of the Companies Act, 2013 for non-filing of Special resolution in MGT-14, which attracted non compliance of the provisions of Section 117(1) of the Companies Act, 2013 and the undersigned has reasonable cause to believe that the company […]
MCA imposes penalty as company and its officers have failed to maintain its registered office as per Section 12(1) of Companies Act, 2013.
It is earnestly requested to grant a one-time reduction in late fees and waiver of the penalty (wherever applicable) for filing of the Annual Return in Form GSTR 9 for all periods, before notifying this decision and introducing it on the GST Common Portal.
These rules may be called the Food Safety and Standards (First Amendment) Rules, 2022. They shall come into the force on the date of their publication in Official Gazette.
Any person who intends to acquire shares or voting rights in a banking company beyond the limit for which approval was obtained from the Reserve Bank, is required to apply to the Reserve Bank for prior approval to increase their aggregate holding in the banking company.
In re Vyom Food Craft Private Limited (GST AAR Rajasthan) As per Section 95 of CGST Act, 2017; this authority shall decide on matters or on questions specified in sub-section (2) of Section 97, in relation to the supply of goods or services or both being undertaken or proposed to be undertaken, by the applicant […]
Government notifies that wef 01.04.2023 All Govt department owned vehicles Motor Vehicle registration certificates to be cancelled on completion of 15 years from initial registration of vehicle. Except SPV used for defence purpose in other words 15 year rule shall not apply to the special purpose vehicles (armoured and other specialised vehicles) used for operational […]
Benford’s law describes the relative frequency distribution for leading digits of numbers in datasets. In this article we are discussing the possible ways to implement this theorem with understanding our needs and business practices of record keeping.
GST Act 2017 has introduced several discrepancies. Read harmoniously to make sense of them. We explore how to read the Act and find certainty.
