These Regulations may be called the Insolvency and Bankruptcy Board of India (Inspection and Investigation) (Amendment) Regulations, 2022.
DC finds that Mr. Venkata Nagulapati has contravened the section 208(2)(a) and 208(2)(e) of the Code read with regulation 7(2) of GCHP Regulation and regulation 7(2)(a) and 7(2)(h) of IP Regulations, clause 19 of the Code of Conduct. However, considering the facts that Venkata Nagulapati has attained the age of more than 70 years and […]
Discussion Paper on enabling entities to become insolvency professional deals with issue of enabling entities to get registered as an insolvency professional (IP) under IBC 2016.
We have come across instances where banks have not been strictly complying with our extant instructions on assessment of commercial viability, ascertainment of revenue streams for debt servicing obligations and monitoring of end use of funds in respect of their financing of infrastructure/ housing projects of government owned entities.
Existing entry at Paragraph 2.79F has been substituted in the Handbook of Procedures (HBP) of the Foreign Trade Policy (FTP) 2015-20 to amend the procedure for issue of Global Authorisation for Intra-Company Transfer (GAICT) of SCOMET items including software and technology. Henceforth, GAICT policy would be applicable only for export / re-export of items, including […]
On the Anti-Evasion front, last week Delhi Airport Customs interdicted about 10 Kg. Heroin from a foreign national. The contraband was ingeniously concealed in the lining of the suitcase carried by the passenger. Heartiest Congratulations to the officers for an excellent detection.
CBI Arrests Three Accused Including Superintendents of GST, Customs In Separate Cases of Bribery The Central Bureau of Investigation has today arrested two Superintendents of GST, Bellery (Karnataka) in a bribery of Rs.80,000/-. A case was registered on complaint against a Superintendent working in the Office of Deputy Commissioner, Central Tax, GST Division, Bellary and […]
PV DC Cables manufactured and supplied by Leoni Cable Solutions (India) Pvt Ltd to its Customers liable to CGST at 18%.
Tax authorities are to adjudicate upon the tax liability in accordance with law. The liability to taxation in respect of assessee should not escape assessee and likewise where the assessee was not in a position to show certain evidences which impacts the tax liability, reasonable opportunity should be afforded to such assessee to bring such evidences to the notice of the tax authorities.
Unlock the world of Term Insurance Plans! Understand the nuances of Level Term, TROP, Increasing Term, Convertible Plans, Riders, Decreasing Term, and Group Term options. Dive into the diverse offerings, ensuring your life insurance aligns with your changing needs.
