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

October 11, 2023 864 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 4629 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 13383 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 1974 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 756 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 1008 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 2358 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 11481 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 732 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.

ICAI MEF 2023-24 Submission Deadline Extended to 21st October 2023

October 4, 2023 9765 Views 0 comment Print

Important announcement from ICAI: Deadline for submitting MEF 2023-24 extended to 21st October due to member requests and tax audit period.

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