The Central Action Plan 2024-2025 by CBDT aims to optimize India’s direct tax system, focusing on revenue, litigation, taxpayer services, and efficient administration.
The Registrar of Companies imposes penalties on SML Isuzu and its officers for violating Section 196 of the Companies Act, 2013, concerning the reappointment of a director.
SEBI seeks public feedback on clarifying “pecuniary relationship” of Debenture Trustees under Regulation 13A. Comments are due by September 11, 2024.
SEBI invites comments on a draft circular introducing a Liquidity Window facility for debt securities. Submit your feedback by September 6, 2024.
SEBI seeks public feedback on replacing ‘consent letter’ with ‘debenture trustee agreement’ in offer documents, enhancing transparency with QR codes.
SEBI has released a consultation paper seeking public feedback on expanding the scope of the sustainable finance framework within the Indian securities market. This move aligns with recent budget announcements aimed at simplifying compliance and promoting sustainable finance.
Steelsmith Continental Manufacturing Pvt Ltd faces penalties for late filing of E-form SH-7 under Section 64 of the Companies Act, 2013.
CBIC’s latest updates include a Customs cooperation deal with New Zealand, a new Hindi magazine, and significant seizures of smuggled cigarettes and narcotics.
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.
Understand PFA and defective return queries for ITR 1-6 for AY 24-25, including MAT applicability, TDS/TCS claims, and income disclosure.
