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IBBI suspends insolvency professional for procedural delays and fee disputes

August 10, 2024 138 Views 0 comment Print

The IBBI has suspended insolvency professional Subrata Maity for two years due to procedural delays and fee disputes, effective 30 days from August 9, 2024.

FAQs on PFA & Defective for ITR 1 to 6 for AY 24-25

August 10, 2024 3480 Views 0 comment Print

Understand PFA and defective return queries for ITR 1-6 for AY 24-25, including MAT applicability, TDS/TCS claims, and income disclosure.

P2P Investing Vs Traditional Investments: A Comparative Analysis

August 9, 2024 798 Views 0 comment Print

Explore the benefits of P2P investing with 13Karat compared to traditional methods. Discover high returns, risks, liquidity, and ease of investment.

MCA Imposes ₹29 Lakh Penalty for Not Opening Separate Bank Account for Share Application Money

August 8, 2024 288 Views 0 comment Print

Registrar of Companies Gujarat imposes penalty on V.L. Infraprojects Ltd. for violating Section 42 of the Companies Act, 2013 by failing to open a separate bank account.

RBI Keeps Repo Rate at 6.50% in August 2024 Policy Review

August 8, 2024 369 Views 0 comment Print

RBI maintains policy repo rate at 6.50% in August 2024. Focus on controlling inflation while supporting growth. Projected GDP growth of 7.2% for 2024-25.

Railways (Amendment) Bill, 2024 as introduced in Lok Sabha

August 7, 2024 408 Views 0 comment Print

The Railways (Amendment) Bill 2024 updates the Railways Act, 1989 by incorporating provisions of the Indian Railway Board Act, 1905, enhancing Railway Board functions.

Boilers Bill, 2024 introduced in Rajya Sabha to replace a century old law

August 7, 2024 705 Views 0 comment Print

The Boilers Bill, 2024, replacing the 1923 Act, decriminalizes offences, enhances safety, and updates provisions for modern business needs. Learn more.

MCA Imposes Penalty for EPS Non-Disclosure & Misclassification of Income

August 6, 2024 870 Views 0 comment Print

Order for Sagar Industries’ statutory auditor’s penalty under Section 454 of the Companies Act for audit report violations. Hearing details and adjudication summary.

Carriage of Goods by Sea Bill, 2024 as introduced in Lok Sabha

August 6, 2024 609 Views 0 comment Print

Explore the Carriage of Goods by Sea Bill 2024, outlining carrier responsibilities, liabilities, and rights based on international conventions and new provisions.

Income Tax Relief to Cooperative Societies

August 6, 2024 2004 Views 0 comment Print

The Ministry of Cooperation announces tax relief for cooperatives, including reduced surcharges, updated cash thresholds, and more, to boost rural and farming communities.

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