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New Shipping Bill Check: Impact on CIF and FOB Values

October 11, 2023 6780 Views 0 comment Print

Learn about latest advisory for trade regarding a new check introduced for Shipping Bills related to ‘Nature of Contract’ and its impact on CIF and FOB values.

Direct Tax Collections for F.Y. 2023-24 Show Significant Growth

October 11, 2023 828 Views 0 comment Print

Direct Tax Collections for F.Y. 2023-24 have surged, with gross collections up by 17.95%. Analysis of Ministry of Finance’s latest data.

MCA Imposes Penalty for Non-filing of INC-20A Declaration

October 11, 2023 4569 Views 0 comment Print

Explore the adjudication proceedings against SRN BPO Services Pvt Ltd under Section 10A of Companies Act, 2013. Analysis of penalties, non-compliance, and implications

Non-maintenance of registered office MCA Imposes ₹ 3 Lakh Penalty

October 11, 2023 13344 Views 0 comment Print

Explore a recent case under the Companies Act, 2013, where MCA imposed a ₹3 Lakh penalty for non-maintenance of a registered office. Understand the legal implications and consequences.

Assessment of Startup Companies involving application of section 56 (2)(viib)

October 10, 2023 1920 Views 0 comment Print

Notification regarding Income-tax Act Section 56(2)(viib) and assessment of Startup Companies. Clarifications for assessing recognized Startups.

RBI Directs Bank of Baroda to Suspend Customer Onboarding on ‘bob World’ App

October 10, 2023 744 Views 0 comment Print

RBI instruct Bank of Baroda to immediately halt further customer onboarding onto the ‘bob World’ mobile application due to supervisory concerns. The bank is required to rectify these concerns before resuming onboarding.

Production Linked Incentive Scheme for White Goods (ACs & LED Lights) – Key Changes

October 9, 2023 969 Views 0 comment Print

Government introduced significant changes to Production Linked Incentive (PLI) Scheme for White Goods, aiming to streamline its operation and enhance ease of business.

SEBI Circular: Relaxation of LODR Compliance Provisions 

October 7, 2023 2283 Views 0 comment Print

Read SEBI’s circular dated October 07, 2023, providing relaxation from compliance with certain provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

ICAI Reporting Requirements: Fees Disclosure in Revised Code of Ethics

October 7, 2023 10923 Views 0 comment Print

Learn about ICAI’s reporting requirements for fees disclosure under revised Code of Ethics. Discover key details and implications for CA firms.

Streamlining Voluntary Liquidation Process: Key Proposals 2023

October 6, 2023 699 Views 0 comment Print

Explore key proposals for streamlining voluntary liquidation process in India, including disclosures, timelines, and regulatory changes. Share your views with IBBI.

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