New CBDT instruction outlines updated procedures for internal audit objections, emphasizing accountability, compliance, and efficiency in tax assessments.
MCA sets new thresholds for Competition Act mergers. Minimum assets valued at ₹450 crore, and turnover at ₹1,250 crore. Effective from September 10, 2024.
MCA updates combination criteria under Competition Act. New rules outline qualifying entities and affiliates for merger notifications. Effective from September 10, 2024.
Competition (Criteria for Exemption of Combinations) Rules, 2024 outlines exemptions under the Competition Act for specific categories of combinations.
The CCI investigated Baxium Health Science for failing to pass on GST reductions. Detailed findings highlight discrepancies in product pricing post-GST cut.
Explore the definition of ‘relative’ under various Income Tax Act provisions and its implications for exemptions, deemed income, and more.
Explore allowable tax deductions for AY 2025-26, covering salaries, house property, business, and personal expenses. Maximize your tax benefits today.
RCDF invites bids from empaneled CA firms for Internal Auditor appointment. Submit proposals by 23rd September 2024. Limited bid for 2024-2027 panel firms.
New GST registration advisory for Bihar, Delhi, Karnataka, Punjab: Biometric Aadhaar authentication and document verification now required.
MCA imposes a penalty of ₹2.5 lakh on Eravanchery Nidhi Limited for not filing Form MGT-14 for board resolutions, as per Sections 117(3)(g) and 179(3)(g).
