RBI announced enhancements to Trade Receivables Discounting System (TReDS), aiming to alleviate liquidity constraints for MSMEs.
This order concerns disciplinary proceedings against Mr. Sai Ramesh Kanuparthi, an Insolvency Professional (IP), regarding his conduct in the liquidation process of M/s Konaseema Gas Power Limited. Mr. Kanuparthi has been accused of contravening several regulations and codes of conduct, including the sale of assets without adhering to prescribed procedures and failing to value or […]
RBI has issued new directives on non-deliverable derivative contracts (NDDCs) as part of their risk management and inter-bank dealings. The amendments aim to develop the onshore INR NDDC market and offer greater hedging flexibility.
Filling up of 05 (Five) posts of Judicial Member and 05 (Five) posts of Technical Members in the National Company Law Tribunal (NCLT) – inviting online applications for.
Insolvency and Bankruptcy Board of India (IBBI) has issued an order to cancel the registration of Mr. Venkata Krishna Srinivasa Raju Penmetsa as a Registered Valuer. The order was issued based on a Show Cause Notice (SCN) which stated that Mr. Penmetsa had suppressed information about criminal proceedings against him while applying for registration. The […]
HC set aside cryptic, unreasoned, and unpalatable GST registration cancellation order and show cause notice and restored registration of certificate and directed GST authorities to permit petitioner to file GST returns.
DGFT issued a notification amending the Import Policy Condition 6 (Pet Coke) under Chapter 27 of Schedule-I (Import Policy) of ITC (HS) 2022. The amendment allows the import of pet coke for specific industries such as cement, lime kiln, calcium carbide, gasification, and graphite electrode industries, on an actual user basis for use as feedstock […]
Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued Order No: 47/2023 on 2nd June 2023, regarding the training and certification of real estate agents. The order emphasizes the requirement for real estate agents to be registered with MahaRERA and introduces a training and certification course to enhance their knowledge and professionalism. Corporate real estate agents […]
Chairman, CBIC shared updates and achievements vide his Weekly newsletter dated 02.06.2022. CBIC Chairman reports on discussions held during a conference on marine assets and preventive functions in Vishakhapatnam. he further updates on ADVAIT Hackathon on Data Analytics, encouraging a data-driven culture within the organization. Additionally, the Directorate of Revenue Intelligence (DRI) recently seized a […]
ICAI president shares Latest accomplishments and significant events of the accounting profession. He further share details of recent international engagements and expansion of the ICAI network, meetings with prominent stakeholders and the promotion of research and financial reporting excellence, how the profession is adapting to evolving technologies and shaping the future of accounting. ICAI President’s […]
