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SEBI Trading Window Closure: Framework Expansion for Designated Persons

November 17, 2023 2151 Views 0 comment Print

Stay compliant with SEBI regulations! NSE extends framework for Trading Window closure, freezing PAN at security level. Details for listed companies and compliance deadlines.

Violation of Section 89- Delay in filing of form MGT-4 – MCA Imposes Penalty

November 16, 2023 4320 Views 0 comment Print

Explore the MCA’s penalty on VALOR ADVISORY for Section 89 violation, analyzing delays in filing MGT-4. Detailed order, penalties, and compliance steps revealed.

RBI Implements Stricter Measures on Consumer Credit and NBFCs

November 16, 2023 1110 Views 0 comment Print

Explore RBI’s recent regulatory steps to manage consumer credit growth and NBFC reliance on bank borrowings. Updated risk weights and credit standards are crucial for financial stability.

Notice to CPC Manufacturers: Import of Raw Pet Coke Guidelines

November 16, 2023 765 Views 0 comment Print

Explore the latest trade notice from the Ministry of Commerce, India, guiding Calcined Petroleum Coke (CPC) manufacturers on the import of Raw Petroleum Coke (RPC). Deadline, requirements, and key details included

Tariff Values for Edible Oils, Brass Scrap, Areca Nut, Gold & Silver from 16.11.2023

November 15, 2023 441 Views 0 comment Print

Explore the latest customs tariff amendments by the Ministry of Finance (Department of Revenue) through Notification No. 82/2023-Customs (N.T.) dated 15th November 2023

RBI Directive: Amendments to UNSC’s Terrorism Sanctions List

November 15, 2023 471 Views 0 comment Print

Explore RBI’s directive on amendments to UNSC’s terrorism list, detailing changes to individuals and entities. Ensure compliance with updated sanctions.

Draft IRDAI (Expenses of Management, Including Commission, of Insurers) Regulations, 2023

November 14, 2023 897 Views 0 comment Print

IRDAI’s Exposure Draft on Expenses of Management Regulations 2023, aiming to enhance insurers’ efficiency and optimize resources for policyholder benefits.

No Section 54/54F Exemption for Investments in Wife & Daughter’s Name: ITAT Mumbai

November 14, 2023 11307 Views 0 comment Print

ITAT Mumbai denies capital gain exemption ( Section 54/54F) to Hem Chandra R. Gavankar for investing in a house in his wife and daughter’s name.

High Share Premium Not Correct Test for Section 68 Addition: Delhi HC

November 14, 2023 981 Views 0 comment Print

Delhi High Court rules against using high premium as the correct test for addition under Section 68 of the Income Tax Act. Full text of the judgment available.

Kerala HC rejects Application for Transitional Credit filed after 5 years

November 14, 2023 582 Views 0 comment Print

Kerala High Court dismisses writ petition as application for extending limitation, filed after five years, for claiming TRAN 1 transitional credit is rejected. Full judgment.

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