Highlights from the Finance Ministry’s 2024 initiatives, covering direct tax refunds, GST reforms, Customs updates, and India’s FATF compliance achievements.
DGFT enlists 9 new PSIAs and expands operational areas for 6 existing PSIAs under Foreign Trade Policy 2023. Key updates include PSIA mapping and conditions.
The PIL challenges the TDS system’s constitutionality, citing undue burdens, forced labor, and Article 14, 19, and 21 violations, advocating fairer tax practices.
Registrar of Companies penalizes Watai Electronics director ₹1,00,000 for violating Section 184(1) of the Companies Act, 2013. Learn about the order details here.
Registrar of Companies imposes ₹10,00,000 penalty on Watai Electronics and directors for non-compliance with Section 188 of the Companies Act, 2013.
Explore key updates to ITFS platform guidelines in IFSCs, including expanded financier eligibility, on-tap registration, and enhanced trade finance services.
SEBI withdraws recognition of Indian Commodity Exchange Limited, effective from Gazette publication. Exit permitted with compliance to specific directions.
DGFT reinstates SION norms for menthol imports under ITC(HS) codes 29061110 and 29061190, effective immediately, easing Advance Authorisation compliance.
Anheuser Busch InBev India penalized ₹1,50,000 for violating Section 118 of the Companies Act, 2013, related to secretarial standards in Board meetings.
The MCA fined Anheuser Busch InBev India ₹1.5 lakh for non-compliance with Section 118(10) of the Companies Act, 2013, regarding secretarial standards from FY 2020–2023.
