MCA imposed a penalty on PTC India Financial Services Limited for violation of Section 178 of Companies Act, 2013. Company failed to constitute Nomination & Remuneration Committee (NRC), resulting in penalties.
This trade circular provides information about the Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act, 2023, and its applicability for the settlement of outstanding dues under various acts administered by the Maharashtra Goods and Services Tax Department.
Read SEBI Circular No. SEBI/HO/DDHS-PoD-2/P/CIR/2023/102 dated June 26, 2023, introducing the format for the Annual Secretarial Compliance Report for Infrastructure Investment Trusts (InvITs) as per Regulation 26J of SEBI (Infrastructure Investment Trusts) Regulations, 2014. The circular outlines the requirements, reporting, and monitoring processes, and comes into force from the financial year 2023-24 onwards.
Read SEBI Circular No. SEBI/HO/DDHS-PoD-2/P/CIR/2023/101 dated June 26, 2023, introducing the format of the Compliance Report on Governance for Real Estate Investment Trusts (REITs) as per Regulation 26E of SEBI (Real Estate Investment Trusts) Regulations, 2014. The circular specifies the reporting timelines and the inclusion of the report in the annual report of the REITs.
DGFT has liberalized and simplified the policy for exporting drones and unmanned aerial vehicles (UAVs) from India for civilian end uses. This decision aligns with the Foreign Trade Policy 2023 and aims to promote the export of high-tech items like drones. Learn more about the policy changes and their implications.
Hurry up Taxpayers! 30th June, 2023 is the last day to avail the benefits of the Amnesty Scheme Under GST. Amnesty scheme under the Goods and Services Tax (GST) scheme offers benefits to non-filers of GSTR-4, GSTR-9, and GSTR-10 returns, as well as for the revocation of cancellation of registration and the deemed withdrawal of […]
Here are the few factors that you should consider while comparing personal loans online.
NCLT Mumbai approves Saraswat Co-op Bank’s resolution plan for Orange Medicare, ensuring seamless revival with unanimous CoC support under IBC.
Appointment of Common Adjudicating Authority (CAA) in respect of SCNs issued to units of M/s Vishnu Pouch Packaging Pvt. Ltd Central Board of Indirect Taxes and Customs (CBIC) has issued an order appointing a Central Excise officer as the Common Adjudicating Authority for the purpose of adjudicating Show Cause Notices (SCNs) issued to M/s Vishnu […]
Karnataka High Court rules Section 234E demands for late TDS returns prior to 01-06-2015 as invalid, impacting implications for income tax proceedings under IBC. The question of constitutional validity of Section 234E remains open for future consideration.
