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NFRA Penalizes Auditors of DB Realty Ltd for Misconduct

December 23, 2024 7302 Views 0 comment Print

National Financial Reporting Authority (NFRA) has penalized CA Chetan Desai and CA Rakesh Rathi, partners at Haribhakti & Co. LLP, for professional misconduct during the audit of DB Realty Limited (now Valor Estate Limited) for the financial year 2015-16. Following information provided by SEBI in 2022, NFRA initiated an examination revealing significant lapses in auditing […]

Life Insurance vs Savings Plan: Crucial Differences and How to Make Right Choice

December 23, 2024 1197 Views 0 comment Print

Choosing the right financial tool has an imperative role in an individual’s financial capability and deliberate financial organization. Two out of the many decisions that customers can make is to decide between savings vs life insurance plan.

Updates to E-Way Bill and E-Invoice Systems from from 1st January 2025

December 20, 2024 31653 Views 0 comment Print

New updates to the E-Way Bill and E-Invoice systems, including mandatory MFA and restrictions on EWB generation and extension, effective from January 2025.

RBI Notification on Liquid Asset Maintenance for HFCs

December 19, 2024 1227 Views 0 comment Print

RBI mandates new liquid asset requirements for housing finance companies, revising investment thresholds in securities and deposits starting January 2025.

BSE Guidance for merchant bankers on Preparation of Offer Documents

December 18, 2024 1680 Views 0 comment Print

Learn about BSE’s new guidelines for SME IPO offer documents, including compliance, due diligence, and timelines. Effective from November 19, 2024, for all submissions.

SEBI Extends Suspension of Trading in 7 Key Commodity Derivatives

December 18, 2024 819 Views 0 comment Print

SEBI extends suspension of trading in certain commodity derivatives, including wheat, mustard seeds, and crude palm oil, until January 31, 2025.

Maharashtra Value Added Tax (Amendment and Validation) Act, 2024

December 18, 2024 1899 Views 0 comment Print

Explore the 2024 amendments to the Maharashtra Value Added Tax Act, introducing definitions, retrospective provisions, and recovery safeguards for tax dues.

SEBI Board Meeting Updates: ESG, SME IPO, Merchant Bankers

December 18, 2024 2937 Views 0 comment Print

Key decisions from SEBI’s 208th Board Meeting include changes to ESG disclosures, SME IPO norms, merchant banker regulations, and securitized debt instruments.

India Imposes Anti-Dumping Duty on Telescopic Drawer Sliders

December 18, 2024 4413 Views 1 comment Print

India imposes definitive anti-dumping duty on Telescopic Channel Drawer Sliders imported from China, effective from 27th June 2024.

Technical violation of Liquidation Regulation, 2016: IBBI suspends IP

December 18, 2024 804 Views 0 comment Print

IBBI’s Disciplinary Committee addresses irregularities in the constitution of Stakeholders’ Consultation Committee by liquidator Mr. Jitender Kumar Jain.

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