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Nutricia’s 5-HMO Mix for Infant Formula Falls Under Tariff Item 29400000: CAAR

January 16, 2025 981 Views 0 comment Print

CAAR Mumbai rules that Nutricia ‘s 5-HMO Mix, used in infant formula, falls under Tariff Item 2940 0000 of the Customs Tariff Act, 1975.

Sea Cargo Manifest and Transshipment (First Amendment) Regulations, 2025

January 15, 2025 1440 Views 0 comment Print

 CBIC amends Sea Cargo Manifest and Transshipment Regulations, 2018. Updates include extending a key deadline to March 31, 2025, effective from Gazette publication.

SEBI & NISM Launches Free eLearning Course on Municipal Bonds

January 15, 2025 918 Views 0 comment Print

SEBI and NISM launch a free eLearning course on Municipal Bonds, aiding officials in urban infrastructure funding. Available till March 31, 2025.

Direct Tax Collection FY 2024-25 Sees 19.94% Growth

January 14, 2025 954 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 2838 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 3483 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 1527 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 978 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 1428 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 1176 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.

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