IBBI suspends Gopal Lal Baser for a year for violations in CIRP process, including non-cooperation and unauthorized maintenance work. Read the full order here.
Explore the GST rates applicable to Jal Jeevan Mission projects under MJP, as clarified by the Maharashtra AAR in the case of Geospatial Studio LLP.
SEBI mandates Asset Management Companies to implement mechanisms to detect and prevent market abuse, including front-running and fraud, via Circular No. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/107, effective August 2024.
GST AAR Maharashtra rules on tax exemptions for hostel accommodations provided by Maharashtra Jain Education Society, varying by duration and student type.
Amendments to Companies (Adjudication of Penalties) Rules, 2014 introduce mandatory e-adjudication for penalty proceedings effective 16th September 2024.
Discover CBICs latest updates: Petrapole Check Post insights, India-Bhutan trade workshops, and major enforcement actions against smuggling and drug trafficking.
IBBI imposes a Rs. 1 lakh penalty on Krishna Mohan Gollamudi for misuse of assets during CIRP, effective immediately. Details on the disciplinary action and findings.
Fibe plans to raise ₹3,000 crore in debt for pan-India expansion in FY25. The fintech firm, having recently raised $90M, targets significant growth.
A record 7.28 crore ITRs filed for AY 2024-25, with 5.27 crore in the New Tax Regime. Over 69.92 lakh ITRs were filed on 31st July 2024 alone, including 58.57 lakh first-time filers.
MCA imposes a ₹22.21 lakh penalty on Xindia Steels for failing to appoint a whole-time Company Secretary, violating Section 203 of the Companies Act, 2013.
