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Policy for Write-off Loans of Willful Defaulters

November 28, 2024 1170 Views 0 comment Print

Government clarifies no policy for writing off loans of willful defaulters. Banks handle write-offs as per RBI guidelines, retaining recovery efforts.

FEMA Regulations Amended: Compounding Violations Up to ₹5 Crore

November 28, 2024 945 Views 0 comment Print

The Government amended FEMA regulations, enabling resolution of violations up to ₹5 crore by paying fines. Ongoing cases follow previous rules.

Webinar on Best Courses to Boost Your Career in Finance (Beyond CA, CS & CMA)

November 27, 2024 5901 Views 2 comments Print

Join the free webinar on Dec 1, 2024, to explore top finance courses beyond CA, CS, and CMA. Learn from expert CA Bhupesh Anand. Register now!

Biometric Aadhaar Authentication for GST Registration Applicants of MP

November 27, 2024 864 Views 0 comment Print

Madhya Pradesh GST applicants must complete biometric Aadhaar authentication and document verification at GSK. Appointment booking now available.

Non Appointment of CS & CFO: MCA imposes penalty of Rs. 79.40 Lakh

November 27, 2024 8061 Views 0 comment Print

Registrar of Companies, Hyderabad, penalizes Virupaksha Organics Ltd ₹79.40 lakh for non-appointment of a Company Secretary and CFO, violating Companies Act, 2013.

PAN 2.0 Project: CCEA Approval for Unified PAN/TAN Services

November 27, 2024 3168 Views 0 comment Print

The PAN 2.0 Project simplifies PAN/TAN management with a unified platform, paperless processes, and faster services. Approved by CCEA on Nov 25, 2024.

NFRA Recommends Auditing Standards for LLPs

November 26, 2024 4671 Views 0 comment Print

NFRA recommends 40 Auditing Standards for LLPs under the LLP (Amendment) Act 2021, effective from April 2026, for approval by the Central Government.

Hindustan Shipyard GST AAR Rectification Order Summary

November 26, 2024 921 Views 0 comment Print

A summary of the GST AAR Andhra Pradesh rectification order for Hindustan Shipyard Limited regarding equipment classification and tax rates.

IBBI Cancels Insolvency Professional Registration for Misconduct in Liquidation

November 26, 2024 1593 Views 0 comment Print

IBBI cancels Amit Gupta’s registration for regulatory violations during liquidation processes, including excess fees and improper practices.

CBDT Approves SKAN Research Trust for Section 35(1)(ii) Tax Benefits

November 25, 2024 699 Views 0 comment Print

CBDT grants SKAN Research Trust approval as a research association for scientific research under Section 35 of the Income Tax Act, effective FY 2024-25.

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