The GST Council has formed a Group of Ministers to propose a new taxation system to replace the Compensation Cess after its abolition. Report due by Dec 31, 2024.
ED has frozen ₹6.04 crore linked to the fraudulent TradingFX app, which operated as a Ponzi scheme. Ongoing investigations are uncovering further details.
The Central Government increases minimum wage rates by revising the Variable Dearness Allowance, effective October 1, 2024, aiding workers in the unorganized sector.
SEBI invites public comments on the draft circular for simplified registration of Foreign Portfolio Investors (FPIs) until October 15, 2024.
Quadrant Future Tek Ltd faces penalties for non-compliance with Section 149(4) of the Companies Act, 2013, regarding independent director appointments for 777 days.
NPCI allows auto-replenishment of NETC FASTag and RuPay NCMC via UPI Autopay, exempting the 24-hour pre-debit notification requirement.
The Jammu Kashmir National Front (JKNF) is declared unlawful under UAPA Act, 1967. Tribunal confirms decision based on anti-national activities and secessionist agenda.
ICAI raises concerns about SA 600 vs. ISA 600 revision process, urges pause for stakeholder review to ensure public interest and professional integrity.
Digital payments in India surged to 18,737 crore transactions in FY 2023-24, with UPI expanding to seven countries, enhancing financial inclusion.
DGFT clarifies that SEZ units can import specific items exempt from recent restrictions under ITC codes as per Policy Circular No. 06/2024-25.
