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ITC on Old Vehicles for Resale: AAR Allows ITC on Repairs, Rent & Services

August 7, 2024 2370 Views 0 comment Print

GST AAR ruling for Royaldrive Pre Owned Cars LLP regarding input tax credit eligibility on spare parts, refurbishment services, and other business expenses.

SEBI amends Board nomination rights to unitholders of InvITs

August 6, 2024 753 Views 0 comment Print

SEBI amends rules for InvIT unitholder board nominations, clarifying rights when overlapping with lender nominations. Effective immediately from August 6, 2024.

SEBI Clarifies Board Nomination Rights for REIT Unitholders

August 6, 2024 747 Views 0 comment Print

SEBI amends rules to clarify board nomination rights for REIT unitholders, ensuring no overlap with lender rights. Effective immediately from August 6, 2024.

Guidelines for Committee of Creditors by IBBI

August 6, 2024 855 Views 0 comment Print

New guidelines for the Committee of Creditors by IBBI focus on enhancing decision-making, transparency, and efficiency in insolvency resolution processes.

Bills of Lading Bill, 2024 as introduced in Lok Sabha

August 6, 2024 1926 Views 0 comment Print

The Bills of Lading Bill 2024 updates the transfer of rights and liabilities to consignees and endorses, repealing the 1856 Act and introducing new provisions. (160 Characters)

Banking Laws (Amendment) Bill, 2024 as introduced in Lok Sabha

August 6, 2024 2076 Views 0 comment Print

The Banking Laws (Amendment) Bill, 2024 revises key provisions in the Reserve Bank of India Act, Banking Regulation Act, and related laws, including changes to financial reporting and banking operations.

Consultation Paper on Review of IFSCA (Fund Management) Regulations, 2022

August 6, 2024 867 Views 0 comment Print

IFSCA reviews Fund Management Regulations 2022 to enhance ease of business, introduce safeguards, and provide clarifications. Public comments invited by August 26, 2024.

GST on work under Jal Jeevan Mission by Maharashtra Jeevan Pradhikaran

August 6, 2024 1149 Views 0 comment Print

GST AAR Maharashtra clarifies tax rates for work under Jal Jeevan Mission by Maharashtra Jeevan Pradhikaran, addressing pre and post-2022 scenarios.

GST: Govt notifies section 11 to 13 of Finance Act (No. 8) 2024

August 6, 2024 10689 Views 0 comment Print

Govt. sets October 1, 2024, for Finance Act 2024, Section 13; April 1, 2025, for Sections 11 and 12, under Notification No. 16/2024-Central Tax.

IBBI suspends IP for violations of CIRP Regulations & Code of Conduct

August 6, 2024 849 Views 0 comment Print

IBBI’s Order No. IBBI/DC/238/2024 details Srigopal Choudhary’s delays and non-compliance in CIRP processes, leading to disciplinary action.

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