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Direct Tax Collection FY 2024-25 Sees 19.94% Growth

January 14, 2025 354 Views 0 comment Print

India’s gross direct tax collection for FY 2024-25 grew by 19.94% as of January 12, 2025, with net collections increasing by 15.88% over FY 2023-24.

Advance Pricing Agreement (APA) Programme Annual Report 2023-24

January 14, 2025 396 Views 0 comment Print

Insights from India’s APA Programme Annual Report 2023-24, highlighting tax certainty, record signings, and benefits for multinationals in easing cross-border transactions.

IRDAI Strengthens Insurance Regulations with 5 Updates

January 14, 2025 468 Views 0 comment Print

IRDAI has issued 5 new regulations, enhancing data governance, operational efficiency, and innovation in India’s insurance sector as of January 2025.

Customs Notification 01/2025: New Cargo Facility at Virudhunagar, Ahmedabad

January 14, 2025 243 Views 0 comment Print

CBIC updates Customs Notification 12/97, adding Virudhunagar, Ahmedabad to Gujarat for unloading imports and loading exports. Effective from January 14, 2025.

CPRI Bengaluru Approved for Scientific Research Tax Benefits

January 14, 2025 351 Views 0 comment Print

 CPRI, Bengaluru, approved as a ‘Research Association’ under section 35 of the Income-tax Act, 1961, for tax benefits from AY 2025-26 to 2029-30.

Discrepancies in Directors report regarding number of meetings held: MCA imposes Penalty

January 13, 2025 573 Views 0 comment Print

Registrar of Companies penalized M/s Be Bold & Confident Careers Pvt Ltd for violating Section 134 of Companies Act, 2013. Learn about the case details here.

MCA imposes Rs 50000 penalty on Xinpoming Technology for non-filing of DIR-3 KYC

January 13, 2025 462 Views 0 comment Print

MCA imposes ₹50,000 penalty on Xinpoming Technology for non-filing of DIR-3 KYC under Rule 12A. Appeal can be filed within 60 days of the order.

SEBI Revises Nomination Norms for Mutual Funds & Demat Accounts

January 10, 2025 657 Views 0 comment Print

SEBI introduces revised nomination norms for mutual funds and demat accounts, aiming to streamline asset transmission and reduce unclaimed investments.

RTI Act Limits Information to What is Held or Controlled by Public Authorities

January 10, 2025 189 Views 0 comment Print

IBBI’s First Appellate Authority addresses RTI appeal concerning grievance information under Regulation 7(3). Appellant’s request partially fulfilled as per RTI Act.

 Classification of Food Emulsifier Grindsted PGE 55-M by CAAR

January 10, 2025 84 Views 0 comment Print

CAAR Delhi ruled Grindsted PGE 55-M, a food emulsifier, is classifiable under Tariff Item 3404 90 39. Analysis of its composition, properties, and classification process.

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