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Company Fined ₹20 Lakh for Not Disclosing Related Party Transactions

April 30, 2024 2964 Views 0 comment Print

MCA imposes a ₹20 lakh penalty on Janaki Ram Steel and Power Pvt Ltd for non-disclosure of related party transactions from FY 2015-16 to FY 2019-20.

Advance Ruling Application rejected for Pre-existing Department Proceedings

April 6, 2024 456 Views 0 comment Print

Read the full text of the ruling by Authority for Advance Ruling, Tamil Nadu regarding GST implications on service charges, wages, and related payments by First Choice Outsourcing Services.

Amendment in Import Policy Condition for Melon Seeds

April 5, 2024 549 Views 0 comment Print

Check the latest amendment by Ministry of Commerce & Industry, allowing free import of Melon Seeds from May 1, 2024, with specific conditions.

The IFSCA Banking Handbook Conduct of Business Directions- v 6.0 (COB)

April 5, 2024 477 Views 0 comment Print

International Financial Services Centres Authority The IFSCA Banking Handbook Conduct of Business Directions- v 6.0 (COB) Purpose: The COB directions are aimed at ensuring that IFSC Banking Units (IBUs) meet the minimum standards of conduct expected, particularly with regard to the treatment of their clients, their dealings with counterparties and other market participants. It also […]

RBI Excludes Kapol Co-operative Bank from Second Schedule

April 5, 2024 660 Views 0 comment Print

Learn about RBI’s exclusion of Kapol Co-operative Bank from the Second Schedule to the RBI Act, 1934, impacting commercial and co-operative banks.

Amendment in Import Policy to Allow Duty-Free Imports of Yellow Peas

April 5, 2024 1050 Views 0 comment Print

Learn about the amendment to No. 64/2023-Customs allowing duty-free imports of yellow peas with bill of lading issued by June 30, 2024.

IFSCA Guidelines 2024: Simplifying Fund Launches for Financial Services Entities

April 5, 2024 915 Views 0 comment Print

Discover the latest circular from IFSCA easing fund launches under new regulations. Learn about filing requirements and disclosures for fund management entities.

Developer engaged in “development” of new infrastructural facility eligible for Section 80 IA(4) deduction

April 4, 2024 384 Views 0 comment Print

Understand Section 80-IA(4) deductions: N.C.C. – M.S.K.E.L (J.V.) Vs Income Tax Officer (ITAT Ahmedabad) clarifies eligibility for developers.

SEBI obtains ISO/IEC 27001:2022 Certification: Ensuring Information Security

April 4, 2024 315 Views 0 comment Print

Learn how SEBI secured ISO/IEC 27001:2022 certification for its Information Security Management Systems, reinforcing its commitment to cyber resilience and operational excellence.

Advisory: Self Enablement For e-Invoicing

April 3, 2024 1869 Views 0 comment Print

Learn how to self-enable for e-Invoicing and comply with the turnover threshold of INR 5 crores. Get step-by-step guidance and portal links.

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