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Direct and Advance Tax Collections Update FY 2024-25

September 19, 2024 747 Views 0 comment Print

As of September 17, 2024, direct and advance tax collections show significant growth compared to the previous fiscal year.

RBI Updates on Section 12A of WMD Act 2005 for Regulated Entities

September 19, 2024 177 Views 0 comment Print

RBI advises regulated entities to comply with amendments to Section 12A of the WMD Act 2005 and updated UNSC sanctions list on DPRK. Compliance required daily.

Company failed to address auditors’ remarks in Directors’ Report: MCA imposes Penalty

September 19, 2024 402 Views 0 comment Print

 Registrar of Companies penalizes Ummid Mutual Benefit Nidhi Ltd. for non-compliance with Section 134(3)(f) of the Companies Act regarding auditors’ comments.

Non reporting of changes in directorship: MCA imposes Penalty

September 19, 2024 207 Views 0 comment Print

Registrar of Companies imposes penalties on Ummid Mutual Benefit Nidhi Ltd. and its directors for not reporting changes in directorship under Section 134(3)(q) of the Companies Act.

A Comprehensive History of Hindustan Unilever Limited

September 19, 2024 1842 Views 0 comment Print

Hindustan Unilever (HUL) is one of Indias most well-recognised brands, offering a diverse range of products. A subsidiary of the British-Dutch multinational Unilever, HULs journey began in 1933, and it has since become India’s largest fast-moving consumer goods (FMCG) company.

Penalty Imposed on Ummid Mutual for Failure to file Form MGT-14

September 19, 2024 414 Views 0 comment Print

Registrar of Companies penalized Ummid Mutual Nidhi Limited for failing to file Form MGT-14 from FY 2018 to 2020. Total penalty imposed: ₹9.48 lakh.

Section 35: Auroville Foundation Recognized for Research Tax Benefits

September 18, 2024 360 Views 0 comment Print

Notification 102/2024 designates Auroville Foundation as an approved institution for social science research under the Income Tax Act, effective 2024-25.

Import of 17,000 MT Fresh Areca Nut from Bhutan Allowed through Two Additional Ports

September 18, 2024 192 Views 0 comment Print

The Ministry of Commerce amends import conditions for Areca nuts from Bhutan, allowing 17,000 metric tonnes without MIP via additional ports.

The Future of Taxation in a Decentralised Financial World

September 18, 2024 717 Views 0 comment Print

In this scene, we see someone diligently working away at a cozy café, laptop open, and a cup of coffee within reach. The warm lighting and blurred background suggest a peaceful evening of productivity. Whether it’s a last-minute project or creative inspiration striking after hours, this image captures the essence of late-night work in a bustling café.

Clarity on parity? Potential implications of CCI’s order against MMT-Go for intermediation platforms

September 18, 2024 255 Views 0 comment Print

CCI fines MMT-Go for anti-competitive practices, highlighting parity clauses and exclusivity. Learn about the impact on online intermediation and competition in India.

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