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Amendment to Section 55: Clarifying Cost of Acquisition for Equity Shares

July 27, 2024 8307 Views 1 comment Print

Finance Bill 2024 proposes an amendment to Section 55 of the Income Tax Act to clarify the computation of cost of acquisition for unlisted equity shares sold under an IPO.

Union Budget 2024-25: Key Proposals under Goods and Services Tax Law

July 27, 2024 4692 Views 1 comment Print

Explore the Union Budget 2024-25’s key GST proposals, including ITC amendments, changes in appeal processes, and more. Discover how these reforms impact businesses.

Delay in issue of Private Placement Offer Cum Application letter: MCA imposes penalty

July 26, 2024 492 Views 0 comment Print

MCA imposes penalty on DAB Games Pvt Ltd for delayed issuance of private placement offer cum application letter. Read about the details and implications of the case.

Registered Office Non-Maintenance: Section 12 Violation: MCA levied ₹3 Lakh Penalty

July 26, 2024 309 Views 0 comment Print

Xinpoming Technology fined ₹3 lakh by MCA for not maintaining a registered office, violating Section 12 of the Companies Act, 2013. Learn more about the case.

Sebi confirms order against 12 entities in V Marc India (Read Order)

July 26, 2024 3435 Views 0 comment Print

SEBI bars 12 entities, including V Marc India’s promoter, for manipulating stock prices and volumes. The probe continues with potential legal proceedings.

When and Why Refinancing Might Be a Bad Idea

July 26, 2024 408 Views 0 comment Print

This article covers when and why refinancing might be a bad idea and the key questions you need to ask yourself before taking the plunge.

RBI amends Loan Ceiling for UCBs Against Shares & Debentures

July 25, 2024 849 Views 0 comment Print

RBI revises loan ceiling for Urban Co-operative Banks against shares and debentures to be based on Tier I capital, effective January 1, 2025.

DGFT amends Export Promotion Capital Goods Scheme to reduce Compliance

July 25, 2024 1008 Views 0 comment Print

DGFT announces amendments to the Export Promotion Capital Goods Scheme under Chapter 5 of HBP 2023 to ease compliance and enhance business efficiency.

Petroleum Products under GST

July 25, 2024 1116 Views 0 comment Print

Government discusses bringing petrol, diesel, and LPG under GST. Learn about the proposals, responses, and potential impact on consumer prices.

IFSCA Circular on Credit Rating Agencies in IFSC (July 2024)

July 25, 2024 246 Views 0 comment Print

IFSCA Circular IFSCA-PLNP/40/2024 outlines new guidelines for Credit Rating Agencies in the IFSC, following SEBI’s latest regulations. Effective immediately.

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