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IBBI Discussion Paper on Real Estate Insolvency Issues

November 8, 2024 1077 Views 0 comment Print

IBBI proposes changes to improve real estate insolvency under IBC, addressing issues like CoC representation, land allotment, and homebuyer claims interest.

Classification of Food Products under GST: HIC-ABF Ruling

November 8, 2024 2559 Views 0 comment Print

Kerala GST AAR reclassifies food products of HIC-ABF Special Foods, covering ready-to-eat items and their applicable HSN codes for accurate tax rates.

GST AAR Kerala: Indus Motor Car Rentals and GST Implications

November 8, 2024 1518 Views 0 comment Print

Advance ruling on GST applicability for Indus Motor’s self-drive rental cars in Kerala. Clarification on service classification and applicable GST rates.

Draft IRDA (Re-Insurance Advisory Committee) (Amendment) Regulations, 2024

November 8, 2024 387 Views 0 comment Print

IRDAI proposes updates to re-insurance committee regulations, introducing flexibility in meetings and member resignation or removal criteria.

Draft IRDA (Meetings) (Amendment) Regulations, 2024

November 8, 2024 477 Views 0 comment Print

IRDAI proposes amendments to its meeting regulations to enhance clarity and efficiency, including changes to meeting frequency, notice periods, and roles.

Stamp Duty Exemption on Affidavits: Bombay HC Directs Implementation

November 8, 2024 5280 Views 1 comment Print

Bombay HC directs Maharashtra Govt. to enforce stamp duty exemption on affidavits and create awareness as per 2004 notification.

FCRA Denial Reasons for Registration & Renewal Applications

November 8, 2024 3645 Views 1 comment Print

The Ministry of Home Affairs lists reasons for denial of FCRA registration and renewal applications, clarifying common issues like non-compliance and incomplete information.

Penalty Imposed for not mentioning DIN in Form AOC-4

November 7, 2024 1125 Views 0 comment Print

The ROC Kerala imposed penalties on Saint Philomenas Nidhi Ltd for violating the Companies Act provisions related to Director Identification Numbers.

Handling of Cargo in Customs Areas (Amendment) Regulations, 2024

November 7, 2024 2154 Views 0 comment Print

CBIC amends Customs Cargo Handling Regulations, reducing licensing term and updating AEO authorizations. Effective from November 7, 2024.

Amendment to Master Direction: Know Your Customer (KYC) Direction, 2016

November 6, 2024 6405 Views 0 comment Print

RBI amends KYC Directions to align with recent regulatory changes, simplifying customer due diligence and updating procedures for regulated entities.

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