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.
Office Order No. 125/2024: Immediate transfers and postings of Principal Commissioners and Commissioners in Customs and Indirect Taxes. Check the detailed list here.
RBI revises Bad and Doubtful Debt Reserve (BDDR) guidelines for co-operative banks, ensuring uniformity and compliance with Accounting Standards and prudential norms.
The IBBI Disciplinary Committees order on Devendra Singh for contraventions in Sidhartha Buildhome Pvt Ltd’s CIRP. Detailed analysis and findings.
Learn about the tax implications on haircuts taken by banks and creditors for companies resolved under the Insolvency and Bankruptcy Code, 2016, as clarified by the MCA.
ICAI President’s August 2024 message highlights India’s economic growth, recent exam results, and the Union Budget’s role in achieving Viksit Bharat by 2030.
DGFT Notification No. 22/2024-25 adds Kandla and Vishakhapatnam ports for the export of essential commodities to the Maldives for FY 2024-25.
Discover the detailed gross and net GST revenue collections for July 2024. Learn about the growth trends and state-wise breakdown of GST revenues.
Stanley Black & Decker India faces penalties under Section 135 of the Companies Act, 2013 for delays in CSR fund transfers due to COVID-19 restrictions.
