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

August 6, 2024 1440 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 1107 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 3084 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.

No proposal to reclassify Bengaluru as a metropolitan city for HRA purposes

August 6, 2024 1041 Views 0 comment Print

Explore the current status of Bengaluru’s inclusion for HRA exemption under income tax laws and government policy on metropolitan city designations.

Tax Exemptions for BCCI & IPL: Government’s Revenue Impact

August 6, 2024 3156 Views 0 comment Print

Explore the financial impact of tax exemptions for BCCI and IPL, government actions, and proposed reforms from the latest Rajya Sabha update on August 6, 2024.

Implementation and Status of MCA21 e-Governance Programme

August 6, 2024 1137 Views 0 comment Print

Explore the latest status of the MCA21 e-Governance program, Certified Filing Centres in Haryana, impact on corporate filings, and future plans to ease compliance.

Simplified Company Exit: C-PACE Cuts Processing Time

August 6, 2024 1410 Views 0 comment Print

Discover how C-PACE accelerates the company exit process from 2 years to under 90 days, streamlining operations and reducing backlog significantly.

GST on construction & licensing of commercial space adjacent to Airport Metro Station

August 6, 2024 1383 Views 0 comment Print

GST implications on construction and licensing of commercial space adjacent to Airport Metro Station by Maharashtra Metro Rail Corporation Ltd

Launch of Exchange Rate Automation Module (ERAM) – Reg

August 5, 2024 2436 Views 0 comment Print

Chennai Customs introduces ERAM on ICEGATE for automated exchange rate publication, effective from 4th July 2024. Access rates online for 22 currencies.

Failure to Submit ‘Reconciliation of Share Capital Audit Report’ (Form PAS-6): MCA Imposes Penalty

August 5, 2024 1461 Views 0 comment Print

Pioneer Financial fined ₹17.88L for failing to file PAS-6. Directors face penalties for non-compliance with securities dematerialization rules.

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