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Victor Impex Limited Penalized for late-filing of Financial Statement

December 26, 2023 759 Views 0 comment Print

Ministry of Corporate Affairs penalizes Victor Impex Limited for failing to file financial statements under Section 137 of the Companies Act, 2013. Details of the penalty order and its implications.

Draft Licensing Framework for Authorised Persons (APs) under FEMA

December 26, 2023 2235 Views 0 comment Print

Explore Reserve Bank of India’s latest draft Licensing Framework for Authorised Persons (APs) under FEMA. Learn about the proposed changes, its impact on the Indian economy, and how stakeholders can provide feedback. Stay informed on the evolving financial landscape

Advance Tax Payment Due Dates: When do you have to pay it?

December 26, 2023 6378 Views 0 comment Print

Stay ahead of tax obligations! Explore advance tax due dates for FY 2023-24, calculation methods, exemptions, TDS insights, and consequences of non-payment. Be tax-savvy!

GST on Education: Rates, Exemptions & Implications

December 26, 2023 20778 Views 0 comment Print

Understand 18% GST on education, its implications on private institutions, coaching centers, and materials. Explore GST rates, exemptions, and eligibility for refunds

Tulsi Extrusions Limited Penalized for late-filing of annual return

December 26, 2023 501 Views 0 comment Print

Ministry of Corporate Affairs penalizes Tulsi Extrusions Limited for violating Section 92 of the Companies Act, 2013. Details of the penalty order and its implications.

Faceless Appeal Scheme 2021 in India

December 26, 2023 11607 Views 1 comment Print

Discover the transformative Faceless Appeal Scheme (FAS) 2021 in India’s direct tax system. This flagship e-governance initiative eliminates physical interactions, ensuring efficiency, transparency, and accountability. Explore its features, filing procedures, and taxpayer responsibilities for a seamless appeal process

SRBC & Co. LLP Audit Inspection Report 2022: NFRA Findings Revealed

December 26, 2023 2538 Views 0 comment Print

Explore detailed NFRA Inspection Report 2022 on SRBC & Co. LLP. Key findings include audit documentation, leadership structure, and compliance issues. Get insights now

Government’s Action Plan to Combat Ponzi Scams

December 22, 2023 762 Views 0 comment Print

Explore the comprehensive steps taken by the Government of India and RBI to regulate Ponzi apps and address large-scale scams. Learn about the Banning of Unregulated Deposit Schemes Act and proactive measures against fraudulent loan apps.

Submission of return on issuance of bank guarantees for Trade Credits on CIMS

December 22, 2023 1308 Views 0 comment Print

Explore RBI’s latest circular on Trade Credit reporting shift to CIMS. Learn about changes, submission details, and the impact on Authorised Dealer Banks.

Rupee Drawing Arrangement: Submission of statement/return on CIMS Portal

December 22, 2023 2418 Views 0 comment Print

RBI circular mandates a transition from the XBRL site to Centralized Information Management System (CIMS), impacting all Authorised Dealer Category-I Banks.

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